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Dover Corp. - DOV STOCK NEWS

Welcome to our dedicated news page for Dover (Ticker: DOV), a resource for investors and traders seeking the latest updates and insights on Dover.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Dover's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Dover's position in the market.

News
Rhea-AI Summary
Dover, a diversified global manufacturer, reported a 1% increase in revenue to $2.1 billion for the first quarter of 2024. GAAP net earnings surged 177% to $632 million, with diluted EPS up by the same percentage to $4.52. Adjusted net earnings were flat at $273 million, while adjusted diluted EPS increased by 1% to $1.95. The company's President and CEO highlighted strong order trends, organic growth platforms, and portfolio management activities. Dover projects full-year 2024 GAAP EPS of $10.78 to $10.93 and adjusted EPS of $9.00 to $9.15, supported by a revenue growth forecast of 2% to 4%.
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Vehicle Service Group, a part of Dover (NYSE: DOV), launched two new products in the EMEA region - the Kendo.Evo tire changer and A/C charging stations by Ravaglioli and Rotary. The Kendo.Evo offers innovative design features for vehicle service shops, while the A/C charging stations provide smart solutions for air conditioning system maintenance. These products aim to enhance business opportunities for service providers and demonstrate VSG's commitment to innovation.
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OPW Retail Fueling, a part of Dover (NYSE: DOV), introduced two new models to its E-Series sump product line. The VSE Vent Transition Sump and GSE Grade-Level Transition Sump offer advanced composite technology manufacturing, customizable features, and compatibility with various applications. These additions aim to provide customers with versatile, high-quality containment solutions.
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RegO, a part of OPW and Dover (NYSE: DOV), has introduced the RegO Presto-Link™ device and RegO app integration, revolutionizing LPG tank and regulator testing. The Presto-Link and app aim to enhance speed, accuracy, and efficiency in leak testing processes for propane systems, ensuring safety and reducing human error. The integration with the Presto-Link Bluetooth device enables swift leak detection and pressure readings, eliminating manual recording and enhancing customer experience.
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Dover (NYSE: DOV) has announced the winners of its 2024 Scholarship Program, awarding scholarships to 30 students representing each of its five operating segments and nearly all of its Operating Companies. The program, now in its thirteenth year, has awarded 433 scholarships totaling approximately $3.2 million in financial support. Each recipient is eligible to receive up to $12,000 in scholarship support over four years of undergraduate studies.
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Markem-Imaje, a part of Dover, introduces a versatile white ink for extruded products, ensuring durability and adhesion. The MW2160P ink is designed to meet the diverse needs of manufacturers working with materials like polyvinyl chloride, polyethylene, and rubber, offering exceptional print quality and longevity in industrial environments.
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Dover (DOV) is set to release its first quarter 2024 earnings on April 25, 2024, followed by a conference call to discuss the results. Investors can join the call or access the webcast for further details.
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Dover (DOV) successfully finalizes the sale of De-Sta-Co business to Stabilus SE.
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Em-tec, a part of PSG and Dover (DOV), introduces the SonoTT aQuila System for non-invasive blood flow measurement in life-sustaining treatments. The system enhances safety and quality in various medical procedures, including ECMO and dialysis, by detecting complications early and facilitating easy access to patient data.
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Systech, a part of Dover's Markem-Imaje, introduces a robust rework solution for pharmaceutical supply chain exceptions. The solution aims to minimize data misalignment, product delays, and risks by leveraging Systech's expertise. Key benefits include compliance with regulations, avoidance of supply chain delays, and enhanced efficiency.
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Dover Corp.

NYSE:DOV

DOV Rankings

DOV Stock Data

23.64B
139.18M
0.42%
88.26%
2.82%
Oil and Gas Field Machinery and Equipment Manufacturing
Manufacturing
Link
US
Downers Grove

About DOV

dover is a diversified global manufacturer with annual revenues of approximately $7 billion. we deliver innovative equipment and components, specialty systems and support services through four major operating segments: energy, engineered systems, fluids, and refrigeration & food equipment. dover combines global scale with operational agility to lead the markets we serve. recognized for our entrepreneurial approach for 60 years, our team of over 26,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. headquartered in downers grove, illinois, dover trades on the new york stock exchange under “dov.” additional information is available at www.dovercorporation.com.