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Leadership Appointments, Proposed Acquisitions, Improved Earnings, and Conference Schedules - Research Report on Dover, Colfax, Dresser-Rand, Quanex, and Trex


News provided by

Investors' Reports

Sep 09, 2013, 08:00 ET

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NEW YORK, September 9, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting Dover Corp. (NYSE: DOV), Colfax Corporation (NYSE: CFX), Dresser-Rand Group Inc. (NYSE: DRC), Quanex Building Products Corporation (NYSE: NX), and Trex Co. Inc. (NYSE: TREX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Dover Corp. Research Report

On August 26, 2013, Dover Corp. (Dover) announced executive realignments within two of its operating segments. William W. Spurgeon Jr., President and CEO at Dover's Energy segment will now be transited to the role of President and CEO of the Engineered Systems segment. S. Somasundaram has also been promoted to the role of President and CEO of the Energy segment. Robert A. Livingston, Dover's President and CEO, commented, "This leadership transition exemplifies the strength of talent within Dover that allows us to maintain a strong position across all of the industries we serve. Bill and Soma combine for nearly three decades of service at Dover, and we fully expect a seamless transition." The Full Research Report on Dover Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/DOV]

--

Colfax Corporation Research Report

On September 3, 2013, Colfax Corporation (Colfax) announced that it has made a binding offer to acquire the Global Infrastructure and Industry (GII) business of Fläkt Woods Group. Colfax stated that with approximate LTM revenues of $225 million and EBITDA of $27 million, GII has operations around the world and is a pre-eminent supplier of industrial fans and related products. Steve Simms, President and CEO of Colfax, stated, "GII is exactly the type of acquisition we look for. It's a great strategic fit, extending Howden's reach into some key long-term markets, and expanding our product bundle into new segments and technologies. In addition, it offers numerous opportunities for synergies. We look forward to welcoming GII's nearly 1,000 associates to the Colfax family." The Company informed that the transaction would value GII at €193 million, including the assumption of debt. The Full Research Report on Colfax Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/CFX]

--

Dresser-Rand Group Inc. Research Report

On September 4, 2013, Dresser-Rand Group Inc. (Dresser-Rand) announced that it will participate at Barclays CEO Energy - Power Conference, to be held at Sheraton New York Times Square Hotel in New York City, on Wednesday, September 11, 2013, scheduled at 8:25 a.m. ET. Dresser-Rand informed that Vince Volpe, the Company's President and CEO will represent the Company in the Conference. The Company also stated that the presentation will be broadcast live over the Internet and will be available via a replay of the webcast 3 hours after the completion of the presentation on the Company's website. The Full Research Report on Dresser-Rand Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/DRC]

--

Quanex Building Products Corporation Research Report

On September 4, 2013, Quanex Building Products Corporation (Quanex) reported its Q3 FY 2013 financial results (period ending July 31, 2013). The Company reported consolidated net sales growth of 8.9% YoY to $259.2 million during the quarter. Net income totaled at $5 million, or $0.13 per diluted share, in Q3 FY 2013, compared to $1.5 million, or $0.04 per diluted share, in Q3 FY 2012. The Company also informed that its Board of Directors has approved a quarterly cash dividend of $0.04 per share on the Company common stock, payable on September 30, 2013 to shareholders of record as of September 16, 2013. The Full Research Report on Quanex Building Products Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/NX]

--

Trex Co. Inc. Research Report

On September 3, 2013, Trex Company Inc. (Trex) announced that the Company will participate in various conferences during September 2013. According to Trex, in all its upcoming presentations Rop Kaplan, Trex's Chairman, President and CEO will represent the Company. Trex stated that the first presentation will be made at RBC Global Industrials Conference, to be held at Mandarin Oriental Hotel, Las Vegas, NV on September 10, 2013 at 2:30 PM PT ; the Second presentation will take place at the CL King "Best Ideas" Conference on September 12, 2013, at 9:20 a.m. ET, at Omni Berkshire Place, New York ; the third presentation will be conducted at Credit Suisse Small/Mid-Cap Conference on September 18 ,2013 at 3:10 p.m. ET, at Waldorf Astoria Hotel; New York; and the fourth presentation will be at Imperial Capital Global Opportunities Conference  on September 19 ,2013 at 4:15 p.m. ET, at Waldorf Astoria Hotel; New York. According to Trex, the presentations will be available in the Investor Relations section of the Company website. The Full Research Report on Trex Co. Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-04/TREX]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by an analyst. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

InvestorsReports.com

SOURCE Investors' Reports

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