Industrial Goods Recap: Dover Corp. (NYSE:DOV) Buys Anthony from Avista, Boeing (NYSE:BA) Calls Federal Mediator for help
Dover Corp. (NYSE:DOV) has purchased glass-door manufacturer Anthony International from private-equity firm Avista Capital Partners for $602.5 million as the diversified company intends to grow its global footing and give a boost to its engineered systems market’s offerings.
In last trading session, Dover Corporation (NYSE:DOV) fell -0.66% and closed at $63.59 with the total traded volume of 2.19 million shares. DOV has market capitalization of $11.38 billion.
DOV has earnings per share of $4.63 with the net profit margin of 10.21%. Its price to earnings ratio ended at 13.73.
Talks between the Boeing Co. (NYSE:BA) and the Society of Professional Engineering Employees in Aerospace have picked up fire, and the firm is now trying to involve a federal mediator.
As per a statement on SPEEA’s website, Boeing (NYSE: BA) has refused the union’s stand to the firm’s newest contract offering. That offering has not been voted on by members, but Boeing’s initial proposal was refused by 96 percent.
In last trading session, The Boeing Company (NYSE:BA) moved up +0.22% to close at $74.28 and its overall volume during last trading session was 3.87 million shares. Its opening price was $74.36 while its shares hit the day high price of $74.66 and day low of $73.86.
General Electric Company (NYSE:GE) might perform venture capital investments in tech businesses and possibly purchases as it increases offerings of software created to analyze data gathered from its industrial equipment, as per reported by Bloomberg.
General Electric Company (NYSE:GE) reported the traded at flat with the closing price of $21.13. The overall volume in the last trading session was 37.86 million shares. The total market capitalization remained $221.58 billion.
GE is ahead of its 52 week low with 43.33% and its last month’s price volatility remained 1.80%. Company’s current year earnings per share grew with 7.36% while the five years EPS growth rate was -8.01%.
Standard Pacific Corp. (NYSE:SPF) with a -2.33% fall to $6.70 in the latest trading session has changed its distance from 200-Day Moving Average to +15.49% and 50-Day Moving Average to -4.57%. It captures $1.42 billion in market value. The mean rating 2.60 is set by analysts. The company is projected to report $0.07 per share for the quarter ending Dec-12 as compared to $0.06 earned a year earlier, according to 10 analysts surveyed by Reuters. The average EPS forecast of 10 analysts for the full-year is $0.18, down as compared to $0.12 earned a year ago.
Fastenal Company (NASDAQ:FAST)’s shares touched a high of $42.57 before closing at $41.81, a decrease of $0.39. The trading volume was 5.88 million shares. Since hitting a 52-week low of $37.61 on Jun 28, 2012, the stock has managed to stay 12.21% higher from that level. The latest decline caused shares to increase their 2012 loss to -2.54%.