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For 2016, $DOV expects to generate free cash flow of about 11% of revenue. At the midpoint of guidance, adjusted segment margin is expected to be around 15%. Corporate expense is expected to be $108MM. Fluids organic revenue is expected to fall 4-5%. Refrigeration & Food Equipment organic revenue outlook has been reduced 1 point at the high end.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.