Latest Dresser-Rand Group Inc (DRC) Headlines D
Post# of 14
Downgrade Alert for Dresser-Rand (DRC)
Comtex SmarTrend(R) - Thu Mar 13, 8:04AM CDT
Dresser-Rand (NYSE RC) was downgraded from Buy to Accumulate at Tudor Pickering today. The stock closed yesterday at $56.26 on volume of 2.6 million shares, above average daily volume of 1.2 million. Dresser-Rand Group, Inc. manufactures equipment for the oil and natural gas industries. The Company manufactures oil and gas production, high-pressure field injection, pipeline, refinery, natural gas processing, and petrochemical production equipment.
Upgrade Alert for Dresser-Rand (DRC)
Comtex SmarTrend(R) - Thu Mar 13, 6:59AM CDT
Dresser-Rand (NYSE RC) was upgraded from Market Perform to Outperform at William Blair today. The stock closed yesterday at $56.26 on volume of 2.6 million shares, above average daily volume of 1.2 million. Dresser-Rand Group, Inc. manufactures equipment for the oil and natural gas industries. The Company manufactures oil and gas production, high-pressure field injection, pipeline, refinery, natural gas processing, and petrochemical production equipment.
Look for Shares of Dresser-Rand to Potentially Rebound after Yesterday's 1.88% Sell Off
Comtex SmarTrend(R) - Wed Mar 12, 4:59PM CDT
Dresser-Rand (NYSE RC) traded in a range yesterday that spanned from a low of $54.55 to a high of $56.60. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $56.89 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Dresser-Rand Set to Possibly Rebound After Yesterday's Selloff of 1.88%
Comtex SmarTrend(R) - Wed Mar 12, 4:58PM CDT
Dresser-Rand (NYSE RC) traded in a range yesterday that spanned from a low of $54.55 to a high of $56.60. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $56.89 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Dresser-Rand Achieves Full Year Record Sales and Earnings before the Draft Spanish Regulation
PR Newswire - Tue Mar 11, 11:00PM CDT
Dresser-Rand Group Inc. ("Dresser-Rand" or the "Company") (NYSE: DRC), a global supplier of rotating equipment and aftermarket parts and services, reported net income of $32.8 million, or $0.43 per diluted share, for the fourth quarter 2013, which compares with net income of $80.2 million, or $1.05 per diluted share, for the fourth quarter 2012. Net income was $168.4 million, or $2.19 per diluted share, for 2013. This compares with net income of $179.0 million, or $2.35 per diluted share, for 2012. Under U.S. GAAP, the Company was required to record the impact of the previously disclosed draft Spanish regulation, which resulted in reduced operating income and diluted earnings per share by $62 million and $0.81, respectively, for the fourth quarter and full year 2013. As a result of this draft regulation being proposed, the Company has reduced 2013 operating income by (1) approximately $22 million for the proposed retroactive reduction of the tariffs and (2) approximately $40 million for asset impairments. The impact of the draft Spanish regulation solely affected the Company's aftermarket parts and services segment.
Conference and Presentation Schedules, Strong Annual Revenue Growth, and Leadership Changes - Analyst Notes on Danaher, Dresser-Rand, Middleby, Xylem, and Pall
PR Newswire - Wed Mar 05, 7:22AM CST
Today, Analysts Review released its analysts' notes regarding Danaher Corporation (NYSE: DHR), Dresser-Rand Group Inc. (NYSE: DRC), The Middleby Corporation (NASDAQ: MIDD), Xylem Inc. (NYSE: XYL), and Pall Corporation (NYSE: PLL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
After Yesterday's Rally of 6.04% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Mar 03, 5:19PM CST
Dresser-Rand (NYSE RC) traded in a range yesterday that spanned from a low of $56.89 to a high of $59.70. Yesterday, the shares gained 6.0%, which took the trading range above the 3-day high of $54.90 on volume of 3.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Look for Shares of Dresser-Rand to Potentially Pullback after Yesterday's 6.04% Rise
Comtex SmarTrend(R) - Mon Mar 03, 5:18PM CST
Dresser-Rand (NYSE RC) traded in a range yesterday that spanned from a low of $56.89 to a high of $59.70. Yesterday, the shares gained 6.0%, which took the trading range above the 3-day high of $54.90 on volume of 3.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Dresser-Rand Announces Fourth Quarter 2013 Conference Call
PR Newswire - Fri Feb 28, 7:00AM CST
Dresser-Rand Group Inc. ("Dresser-Rand" or the "Company") (NYSE: DRC) has scheduled a conference call to discuss its fourth quarter 2013 results on Wednesday, March 12, 2014, at 9:00 a.m. Eastern Time. Dresser-Rand will issue its earnings release prior to the call.
Downtrend Call Working As Dresser-Rand Stock Falls 12.0% (DRC)
Comtex SmarTrend(R) - Thu Feb 27, 11:23AM CST
SmarTrend identified a Downtrend for Dresser-Rand (NYSE RC) on July 26th, 2013 at $61.37. In approximately 7 months, Dresser-Rand has returned 12.01% as of today's recent price of $54.00.
Dresser-Rand to Present at Raymond James Conference on March 4, 2014
PR Newswire - Wed Feb 26, 7:00AM CST
Dresser-Rand Group Inc. ("Dresser-Rand" or the "Company") (NYSE: DRC), a global supplier of rotating equipment and aftermarket parts and services, announced today that the Company will present at the Raymond James 35th Annual Institutional Investors Conference on Tuesday, March 4, 2014. Jan Kees van Gaalen, Dresser-Rand's Executive Vice President and Chief Financial Officer, will participate in the conference at the JW Marriott Grande Lakes in Orlando, Florida.
Zacks Rank #5 Additions for Friday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Feb 21, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (strong sell) List for Friday
Shares of DRC Down 12.8% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Thu Feb 20, 9:30AM CST
SmarTrend identified a Downtrend for Dresser-Rand (NYSE RC) on July 26th, 2013 at $61.37. In approximately 7 months, Dresser-Rand has returned 12.82% as of today's recent price of $53.50.
Why Morgan Stanley Downgraded Dresser-Rand (DRC)
at The Street - Wed Feb 19, 7:50AM CST
Rotating machinery specialist Dresser-Rand Group (DRC) was downgraded to "equal-weight" by Morgan Stanley with a $57 price target on Wednesday. The investment firm said slower infrastructure spending would likely hurt profits.
Dresser-Randin (DRC) Focus: Stock Tumbles 7.8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Feb 19, 7:46AM CST
The shares of Dresser-Rand Group fell nearly 8% on the day.This continues the most recent downtrend for DRC, as the stock is down over 9% in the last one month.This Diversified Machinery company has seen a flat track record when it comes to current year estimate revisions.
After Yesterday's Decline of 7.84%, Dresser-Rand Offers Investors Better Value
Comtex SmarTrend(R) - Tue Feb 18, 4:25PM CST
Dresser-Rand (NYSE RC) traded in a range yesterday that spanned from a low of $51.46 to a high of $54.42. Yesterday, the shares fell 7.8%, which took the trading range below the 3-day low of $57.58 on volume of 7.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Why Dresser-Rand Group (DRC) Is Lower on Tuesday
at The Street - Tue Feb 18, 10:28AM CST
Dresser-Rand Group (DRC) tumbles on Tuesday after announcing plans to suspend operations at a plant in Spain due to proposed government regulation.