Friday, January 20, 2017

Dover Corp's 2017 Outlook Suggest Oil Spendng is Coming Back

Dover Corp  gave an investor presentation on Thursday confirming its 2016 guidance for EPS in the range of $3 to $3.05 and also initiating its 2017 outlook. It was a broadly positive, but not spotless, outlook, and investors in companies like General Electric Company and AZZ Inc can take heart from what was said about upstream oil spending.

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