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Stock Market & Financial Investment News

News Breaks
August 14, 2014
06:53 EDTDRCDresser-Rand upgraded to Buy from Neutral at Guggenheim
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March 31, 2015
07:33 EDTDRCEner-Core provides update on progress with Dresser-Rand, Pacific Ethanol
Ener-Core (ENCR) released an update on its pending sale to Dresser-Rand (DRC) of two Ener-Core Power Oxidizers that will be coupled with the Dresser-Rand KG2-3GEF two-megawatt gas turbine generators for Pacific Ethanolís (PEIX) Stockton, CA plant. On March 17, Ener-Core received a non-binding notification letter from Dresser-Rand noting Dresser-Randís intent to issue a formal purchase order for $2.1M pursuant to the Supply Agreement terms of the Commercial License Agreement that it signed with Ener-Core in November 2014. The letter characterizes the agreement with Pacific Ethanol as ďa huge milestone and a great opportunity to demonstrate the importance of the Ener-Core power oxidizer,Ē and states that the Dresser-Rand project team has already engaged and is working with the Ener-Core team. The Letter of Intent also notes that the formal purchase order to Ener-Core is contingent upon a successful SSAT as defined in the CLA and scheduled to be conducted in June, after which time Dresser-Rand has agreed to issue the purchase order. Pacific Ethanol announced its agreement with Dresser-Rand in January, to install a cogeneration system including two of Ener-Coreís Power Oxidizers to convert waste gas from ethanol production into electricity and steam. This agreement followed Ener-Coreís November 2014 entrance into a global licensing agreement with Dresser-Rand to develop and market the Dresser-Rand KG2-3GEF gas turbine coupled with the Ener-Core oxidizer.
March 27, 2015
12:19 EDTDRCDresser-Rand volatility elevated on European Commission antitrust investigations
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March 26, 2015
10:30 EDTDRCOptions with decreasing implied volatility
Options with decreasing implied volatility: ASPS WLL WBAI CTRP FIVE LINE DRC RHT LULU APOL
March 25, 2015
10:48 EDTDRCEU suspends Siemens-Dresser-Rand deal investigation, Reuters reports
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March 19, 2015
11:08 EDTDRCDresser-Rand drops 2% after German magazine highlights integration issues
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11:07 EDTDRCDresser-Rand, Siemens integration not smooth, Manager Magazin says
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