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Dresser-Rand Group DRC

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    1. NOV Announces $3 Billion in Share Buybacks Over the Next Three Years; Squashes Acquisition Rumors

      Commentary

      Tue, 30 Sep 2014

      halt in trading that fueled talk of a possible counteroffer to Siemen's bid for Dresser Rand . We prefer the repurchase, both because shares of Dresser Rand are already up nearly 20% in September after multiple acquisition bids, and because

    2. Companies propose $8B green energy project for L.A.

      Headlines

      Tue, 23 Sep 2014

      electricity storage facility as its centerpiece. The companies - Duke Energy's (NYSE: DUK ) Duke-American Transmission, Dresser - Rand (NYSE: DRC ), Magnum Energy ( OTC:MGNEF ) and Pathfinder Renewable Wind Energy - also are proposing to build a large

    3. WSJ: Siemens investors will need to be patient for Dresser-Rand benefits

      Headlines

      Mon, 22 Sep 2014

      Siemens ( OTCPK:SIEGY ) lost out to GE for Alstom's gas turbine business earlier this year but has now acquired Dresser - Rand (NYSE: DRC ), a major supplier of equipment such as compressors and gas turbines used to exploit shale resources

    4. WRAPUP 5-Siemens splurges $7.6 bln on Dresser-Rand in U.S. shale market bet

      Headlines

      Mon, 22 Sep 2014

      * Siemens shares down 0.4 percent (Adds financial, legal advisers in last paragraph)

    5. Siemens splurges $7.6 billion on Dresser-Rand in U.S. shale market bet

      Headlines

      Mon, 22 Sep 2014

      FRANKFURT (Reuters) - Germany's Siemens AG has agreed to buy U.S. oilfield equipment maker Dresser - Rand Group Inc for $7.6 billion in cash, paying a relatively rich price to belatedly beef up its presence in the U.S. shale oil and gas industry.

    6. Siemens sees no more large oil and gas buys soon

      Headlines

      Mon, 22 Sep 2014

      FRANKFURT, Sept 22 (Reuters) - Germany's Siemens does not foresee any further significant acquisitions in oil and gas equipment following its agreement to buy Dresser Rand for $7.6 billion, it said.

    7. US STOCKS-Sigma-Aldrich, Dresser-Rand among premarket actives

      Headlines

      Mon, 22 Sep 2014

      NEW YORK, Sept 22 (Reuters) - Sigma-Aldrich shares were surging on Monday, up 34.4 percent to $137.60 after German drugs and chemicals maker Merck KGaA said on Monday it agreed to acquire Sigma-Aldrich for $17 billion in cash to boost its life science business.

    8. REFILE-WRAPUP 3-Siemens to buy Dresser-Rand to tap U.S. shale gas boom

      Headlines

      Mon, 22 Sep 2014

      * Bids $83 per share in agreed deal, biggest in its history

    9. Wall Street Breakfast: Siemens To Acquire Dresser-Rand For $7.6B

      Headlines

      Mon, 22 Sep 2014

      By Wall Street Breakfast : Outstanding Performance Article Rewards We're excited to announce our latest two Outstanding Performance award winners. Each author receives $2,500. Read more about our Outstanding Performance award winners here . Winner #1: Long idea on CBK (Christopher & Banks) by Ben

    10. Update: Siemens To Buy Dresser-Rand For $83/Share

      Headlines

      Mon, 22 Sep 2014

      On September 21, Bloomberg and the Wall Street Journal reported that Siemens AG ( OTCPK:SIEGY ) is purchasing Dresser - Rand Group (NYSE: DRC ), in a cash deal, for $83.00/share and assuming $1.1 billion in debt in a deal valued at

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