Dover Corp (DOV) Key Developments | Reuters.com
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Dover Corp (DOV)

DOV on New York Consolidated

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Dover entered into definitive agreement to acquire Wayne Fueling Systems Ltd
Thursday, 9 Jun 2016 08:30am EDT 

Dover Corp : Upon close of transaction, Dover's annualized retail fueling revenue will be $1.4 billion . Transaction is anticipated to be modestly accretive to continuing earnings per share in 2017 . Expects deal to be dilutive to continuing EPS in 2016 . Entered into a definitive agreement under which company will acquire Wayne Fueling Systems Ltd . Deal for $780 million in cash .Transaction is expected to be funded with a combination of cash on hand and incremental debt.  Full Article

Dover sets regular quarterly cash dividend of $0.42/shr
Thursday, 5 May 2016 04:06am EDT 

Dover Corp:Sets regular quarterly cash dividend of $0.42 per share.  Full Article

Dover Corp lowers FY 2016 guidance
Thursday, 21 Apr 2016 06:55am EDT 

Dover Corp;:Expects FY 2016 revenue to decline 2% to 5%, a three point reduction from its previous forecast.Says within this forecast, organic revenue is anticipated to decline 5% to 8%, four points below our prior expectations.Says FY 2016 EPS is expected to be in the range of $3.51 to $3.66, as compared to the prior forecast of $3.85 to $4.05.Says this updated range includes about $0.18 of restructuring charges, and also includes $0.05 of discrete tax benefits and a $0.07 gain on a disposition.  Full Article

Dover declares regular quarterly cash dividend
Thursday, 11 Feb 2016 04:06pm EST 

Dover Corp:Declared a regular quarterly cash dividend of $0.42 (forty-two cents) per share, payable on March 15, 2016 to shareholders of record as of February 29, 2016.  Full Article

Dover Corp reaffirms FY 2016 EPS guidance; lowers FY 2016 revenue guidance
Tuesday, 26 Jan 2016 06:55am EST 

Dover Corp:Says that it is reaffirming FY 2016 EPS to be in the range of $3.85 to $4.05.Says that in total, the company's FY 2016 revenue growth, on an adjusted basis, is now anticipated to be in the range of 1% to 4%, comprising an organic revenue decline of (4%) to (1%), one point below prior forecast.  Full Article

Dover revises FY 2015 outlook and initiates FY 2016 guidance
Tuesday, 15 Dec 2015 04:16pm EST 

Dover:Revises FY 2015 diluted earnings per share guidance to be approximately $3.62, inclusive of acquisition-related costs and incremental restructuring totaling approximately $0.07.Expects FY 2015 EPS from continuing operations to be approximately $3.62 versus the prior forecast range of $3.73 to $3.80, driven by weaker market conditions, and the impact of completed acquisitions and incremental restructuring.This FY 2015 revised forecast includes an expected $0.03 impact from recently completed acquisitions, including purchase accounting and deal-related costs, and also includes an estimated $0.04 impact from incremental restructuring, above Co's prior estimate.Dover is initiating guidance of $3.85 to $4.05 for FY 2016 EPS from continuing operations.This FY 2016 EPS guidance is based on expected full-year revenue growth in the range of 2% to 5%, comprised of an organic revenue decline of (3%) to 0%, acquisition growth of 7% and a 2% impact from currency.  Full Article

Dover declares regular quarterly cash dividend
Thursday, 5 Nov 2015 04:16pm EST 

Dover Corp:Declared a regular quarterly cash dividend of $0.42 per share.Payable on December 15, 2015 to shareholders of record as of November 30, 2015.  Full Article

Dover Corp completes acquisition of JK Group SPA
Thursday, 22 Oct 2015 08:01am EDT 

Dover Corp:Completes acquisition of JK Group SPA which will become an operating company within the Printing & Identification platform of Dover's Engineered Systems segment.  Full Article

Dover Corporation lowers FY 2015 guidance
Tuesday, 20 Oct 2015 06:58am EDT 

Dover Corporation:Expects FY 2015 revenue to decline (9)% to (10)%.Expects FY 2015 EPS to be in the range of $3.73 - $3.80 compared prior forecast of $3.75 to $3.90.Reported revenue of $7.75 billion in FY 2014.FY 2015 revenue of $7.03 billion and EPS of $3.78 - Thomson Reuters I/B/E/S.  Full Article

Dover to acquire dispenser and system businesses from Tokheim Group S.A.S.
Monday, 7 Sep 2015 08:00am EDT 

Dover Corporation:Announced that it has executed an agreement with Tokheim Group S.A.S., pursuant to which Dover has made a binding offer to acquire Tokheim's dispenser and system businesses for a purchase price of EUR 425 million (about $465 million).  Full Article

BRIEF-Dover entered into definitive agreement to acquire Wayne Fueling Systems Ltd

* Upon close of transaction, Dover's annualized retail fueling revenue will be $1.4 billion