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United Kingdom

Dover Corp (DOV.N)

DOV.N on New York Stock Exchange

104.41USD
19 Jan 2018
Change (% chg)

$0.42 (+0.40%)
Prev Close
$103.99
Open
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$104.09
Volume
400,403
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261,749
52-wk High
$104.91
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$75.57

Latest Key Developments (Source: Significant Developments)

Dover Acquires Ettlinger
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Dover Corp ::DOVER ACQUIRES ETTLINGER.TERMS OF TRANSACTION WERE NOT DISCLOSED​.ETTLINGER WILL BECOME PART OF MAAG BUSINESS UNIT WITHIN DOVER'S FLUIDS SEGMENT.  Full Article

Reg-Dover Corp Dover Announces Plan To Spin Off Wellsite Business Into Public Company
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Dover Corp ::REG-DOVER CORPORATION: DOVER ANNOUNCES PLAN TO SPIN OFF WELLSITE BUSINESS INTO INDUSTRY-LEADING PUBLIC COMPANY.DOVER CORP - EXPECTS WELLSITE SPIN-OFF WILL BE COMPLETED NO LATER THAN Q2 OF 2018.DOVER CORP - ANTICIPATES SHARE REPURCHASES IN 2018 OF $1 BILLION, INCLUDING USE OF CASH FROM WELLSITE DIVIDEND.DOVER CORP - NAMES SIVASANKARAN SOMASUNDARAM PRESIDENT AND CHIEF EXECUTIVE OFFICER OF WELLSITE BUSINESS.DOVER CORP - EXPANDS DOVER RIGHTSIZING INITIATIVES, WHICH ARE NOW ESTIMATED TO DELIVER $50 MILLION IN SAVINGS IN 2018.DOVER - PLANS TO SPIN OFF ITS UPSTREAM ENERGY BUSINESSES WITHIN DOVER ENERGY SEGMENT INTO PUBLICLY-TRADED CO.DOVER - PLAN TO PURSUE A TAX-FREE SPIN-OFF OF WELLSITE CONCLUDES DOVER'S STRATEGIC ALTERNATIVES REVIEW OF WELLSITE ANNOUNCED ON SEPTEMBER 12, 2017.DOVER CORP - AS PART OF SPIN-OFF TRANSACTION, WELLSITE IS EXPECTED TO RAISE $700 TO $800 MILLION OF NEW DEBT.DOVER CORP - PROCEEDS FROM $800 MILLION IN NEW DEBT WILL BE PAID TO DOVER IN FORM OF A DIVIDEND.DOVER - ANTICIPATES SPIN-OFF WILL BE IN FORM OF DISTRIBUTION OF 100 PERCENT OF STOCK OF WELLSITE, WHICH WILL BE TAX-FREE TO DOVER.DOVER CORP - EXPECTS CHARGES RELATED TO ITS RIGHTSIZING INITIATIVES AND OTHER COSTS TO BE IN RANGE OF $60 MILLION TO $65 MILLION.  Full Article

LKQ Corporation to acquire aftermarket business of Warn Industries Inc
Monday, 23 Oct 2017 

Oct 23 (Reuters) - LKQ Corp ::LKQ Corporation to acquire aftermarket business of Warn Industries Inc.LKQ Corp - ‍co's specialty segment, Keystone Automotive Operations Inc, agreed to acquire aftermarket business of Warn Industries Inc​.  Full Article

Dover reports Q3 adjusted EPS of $1.16
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Dover Corp ::Dover reports third quarter 2017 results and reaffirms full year EPS guidance.Reports Q3 2017 revenue $2.0 billion.Reports Q3 2017 revenue up 17 percent.Q3 adjusted earnings per share $1.16 excluding items.Q3 earnings per share $1.14.Q3 earnings per share view $1.12 -- Thomson Reuters I/B/E/S.Sees FY revenue up 14 to 15 percent.Reaffirms FY 2017 earnings per share view $4.23 to $4.33 excluding items.Q3 revenue $2.0 billion versus I/B/E/S view $1.99 billion.‍Confirms wellsite separation remains on track​.‍Full year guidance for 2017 does not include anticipated Q4 gain for warn sale or any Q4 costs related to wellsite separation​.FY2017 earnings per share view $4.29, revenue view $7.81 billion -- Thomson Reuters I/B/E/S.  Full Article

OTI Petrosmart signs global supply agreement with Dover Fueling Solutions
Monday, 24 Apr 2017 

April 24 (Reuters) - On Track Innovations Ltd :OTI Petrosmart signs global supply agreement with Dover Fueling Solutions, facilitating entry into North American Market.On Track Innovations - under terms of deal, OTI Petrosmart to supply easyfuelplus automatic vehicle identification technology to Dover Fueling Solutions.  Full Article

Dover sets regular quarterly cash dividend of $0.44per share
Friday, 10 Feb 2017 

Dover Corp :Sets regular quarterly cash dividend of $0.44per share.  Full Article

Dover completes acquisition of Wayne Fueling Systems
Monday, 12 Dec 2016 

Dover Corp : Company expects to divest wayne's small distribution business in united kingdom in near future . This $0.07 impact, not in company's prior guidance . Dover completes acquisition of wayne fueling systems ltd .Expects q4 2016 impact of wayne acquisition to be about $0.07 dilutive to earnings per share from continuing operations.  Full Article

UK's CMA might accept Dover, Wayne Fueling deal undertakings
Tuesday, 1 Nov 2016 

UK's Competition and Markets Authority (CMA) :Undertakings proposed in Dover, Wayne Fueling Systems Ltd deal are appropriate when they are clear-cut, capable of ready implementation.  Full Article

Dover Corp says increased quarterly cash dividend to $0.44/shr
Friday, 5 Aug 2016 

Dover corporation : Dover increases dividend by 5% .Dover corp says increased its quarterly cash dividend to $0.44 per share.  Full Article

Dover sees FY revenue down about 3 to 5 percent
Thursday, 21 Jul 2016 

Dover Corp : Dover Corp says expects full year organic revenue to decline 6% to 8% . Dover Corp says in refrigeration & food equipment, anticipate certain large can shaping equipment orders and shipments will slip into 2017 . "slightly reducing full year expectations for refrigeration & food equipment and fluids to account for project timing and continued headwinds" . Included in FY forecast are full year restructuring costs of $0.18, gain on a disposition of $0.07 and $0.04 of discrete tax benefits . Dover reports second quarter 2016 results and updates full year guidance . Q2 earnings per share $0.76 from continuing operations . Q2 revenue $1.7 billion versus I/B/E/S view $1.71 billion . Q2 earnings per share view $0.85 -- Thomson Reuters I/B/E/S . Sees FY 2016 earnings per share $3.35 to $3.45 from continuing operations . Sees FY revenue down about 3 to 5 percent . Believe Q2 will mark low point of 2016 performance in energy segment . Slightly reducing FY expectations for refrigeration & food equipment and fluids to account for project timing and continued headwinds . "Q2 results, excluding deal costs and certain one-time items, were generally in-line with our expectations, but disappointing nonetheless" . FY 2016 earnings per share view $3.47, revenue view $6.83 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Belvac Acquires Rosario Can Technology

* BELVAC ACQUIRES ROSARIO CAN TECHNOLOGY Source text for Eikon: Further company coverage: