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Stock Market & Financial Investment News

News Breaks
July 17, 2014
14:09 EDTDRCDresser-Rand takeover unlikely, sayd Raymond James
Raymond James said a takeover of Dresser-Rand is unlikely unless the stock price is meaningfully higher.
News For DRC From The Last 14 Days
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February 27, 2015
16:52 EDTDRCDresser-Rand says 2015 'expected to be a relatively stable year in sales'
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16:50 EDTDRCDresser-Rand to cut 8% of its workforce
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16:48 EDTDRCDresser-Rand reports Q4 adjusted EPS $1.52, consensus $1.30
February 25, 2015
10:49 EDTDRCOptions with increasing implied volatility: DO BHI DRC
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February 17, 2015
08:38 EDTDRCEU regulators expanding probe of Siemens, Dresser-Rand merger, Reuters says
European Commission antitrust regulators will expand their investigations into Siemens' (SIEGY) $7.6B bid for Dresser-Rand (DRC), reports Reuters, citing regulator statements. The Commission stated, "The transaction would reduce the number of competitors from three main players to two main players" in related markets. Siemens stated it still expects to close the deal in Summer 2015 or sooner. Reference Link

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