GDI
Gardner Denver Inc.NYSE
GDI is defunct.
  • Jul. 23, 2013, 6:16 PM
    KKR secured the cheapest borrowing rates it ever got to fund an LBO, which could cut hundreds of millions of dollars from interest it will pay to finance its $3.9B takeover of Gardner Denver (GDI), banking sources say. With markets no longer worried the Fed will end stimulus too soon, the PE firm is said to have borrowed $2.425B in loans and $575M in bonds for the deal at an average blended interest rate of 4.8%.
    | Jul. 23, 2013, 6:16 PM
  • Jul. 23, 2013, 6:05 PM

    S&P announces changes to some of its indexes: Salix Pharmaceuticals (SLXP) will replace Gardner Denver (GDI) in the S&P MidCap 400, Agree Realty (ADC) will replace SLXP in the S&P SmallCap 600, and DXP Enterprises (DXPE) will replace True Religion Apparel (TRLG) in the SmallCap 600. SLXP +0.6%, ADC +1.5%, DXPE +0.9% AH.

    | Jul. 23, 2013, 6:05 PM
  • Jul. 16, 2013, 4:23 PM

    Gardner Denver (GDI) shareholders vote overwhelmingly to approve the proposed merger with Kohlberg Kravis Roberts (KKR) at a special meeting held today. Upon completion of the deal, which is valued at around $3.9B, Gardner Denver shareholders will receive $76 per share in cash from KKR for each share of GDI common stock they own.

    | Jul. 16, 2013, 4:23 PM
  • Jul. 10, 2013, 9:31 AM

    Gardner Denver (GDI +0.2%) expects Q2 revenue of $550-555M, down from 613.01M last year and slightly below consensus of $558.5M. Gardner Denver also forecasts EBITDA of $102-106.7M. (PR)

    | Jul. 10, 2013, 9:31 AM
  • May 24, 2013, 9:02 AM
    Gardner Denver (GDI) declares $0.05/share quarterly dividend, in line with previous. Forward yield 0.27%. For shareholders of record June 11. Payable June 25. Ex-div date June 7. (PR)
    | May 24, 2013, 9:02 AM
  • Apr. 26, 2013, 8:34 AM
    Gardner Denver (GDI): Q1 EPS of $1.06 beats by $0.01. Revenue of $514M (-15% Y/Y) misses by $21.09M. (PR)
    | Apr. 26, 2013, 8:34 AM
  • Apr. 26, 2013, 12:05 AM

    Notable earnings before Friday’s open: ABBV, AEP, AON, ARLP, B, BKW, BPO, COV, CVX, DHI, DLR, DTE, FLIR, GDI, GNC, GT, HMSY, IMGN, ITRI, LAZ, LYB, MPW, NOV, SPG, TRP, TYC, VFC, VTR, WETF, WY

    | Apr. 26, 2013, 12:05 AM
  • Apr. 25, 2013, 5:30 PM

    Notable earnings before Friday’s open: ABBV, AEP, AON, ARLP, B, BKW, BPO, COV, CVX, DHI, DLR, DTE, FLIR, GDI, GNC, GT, HMSY, IMGN, ITRI, LAZ, LYB, MPW, NOV, SPG, TRP, TYC, VFC, VTR, WETF, WY

    | Apr. 25, 2013, 5:30 PM
  • Mar. 8, 2013, 2:41 AM

    After a sales process that has dragged on for months, KKR (KKR) has reportedly agreed to acquire Gardner Denver (GDI) for $76 a share, or 2.9% above the latter's closing price of $73.85 yesterday. The deal values the industrial-pumps manufacturer at $3.74B; it would be KKR's third purchase of a company in the industrial sector in the past few years.

    | Mar. 8, 2013, 2:41 AM | 2 Comments
  • Mar. 4, 2013, 5:27 PM
    KKR finally may be on the verge of buying Gardner Denver (GDI) and could announce a deal within days, Reuters reports. The two sides are said to have been negotiating a final deal price and other details over the past week, after KKR bid $75/share for GDI on Feb. 21; the board was seeking a higher price from the P-E firm.
    | Mar. 4, 2013, 5:27 PM
  • Feb. 27, 2013, 6:54 PM
    Gardner Denver, Inc. (GDI) declares $0.05/share quarterly dividend, in line with previous. Forward yield 0.28%. For shareholders of record Mar. 14. Payable Mar. 28. Ex-div date Mar. 12. (PR)
    | Feb. 27, 2013, 6:54 PM | 1 Comment
  • Feb. 22, 2013, 3:12 PM

    Gardner Denver (GDI +5.3%) moves up after posting better than expected Q4. Net earnings fell 11% Y/Y however, as the maker of air compressors and pumps was hit by lower revenue and charges associated with its attempt to sell itself. The company also lowered FY13 guidance, but shares nonetheless rose as results comfortably beat estimates, and an updraft from yesterday's $75 offer from private- equity firm KKR (KKR +2%).

    | Feb. 22, 2013, 3:12 PM | 1 Comment
  • Feb. 22, 2013, 7:05 AM
    Gardner Denver (GDI): Q4 EPS of $1.49. Revenue of $589.7M (-4% Y/Y). (PR)
    | Feb. 22, 2013, 7:05 AM
  • Feb. 21, 2013, 4:57 PM
    KKR has offered $75/share for on-the-block Gardner Denver (GDI), reports Bloomberg. GDI +5.2% AH to $71. 
    | Feb. 21, 2013, 4:57 PM
  • Feb. 21, 2013, 12:10 AM
    Notable earnings after Thursday’s close: ACTG, AIG, ARUN, ATLS, BMRN, BV, CENX, CLGX, COG, CUBE, CYH, DRYS, EXEL, EXR, FIRE, FLS, FTR, GDI, HPQ, INT, INTU, ITMN, JWN, MRVL, NEM, NPSP, ONXX, PSA, SBAC, SWN, TS, WBMD
    | Feb. 21, 2013, 12:10 AM
  • Feb. 20, 2013, 5:35 PM
    Notable earnings after Thursday’s close: ACTG, AIG, ARUN, ATLS, BMRN, BV, CENX, CLGX, COG, CUBE, CYH, DRYS, EXEL, EXR, FIRE, FLS, FTR, GDI, HPQ, INT, INTU, ITMN, JWN, MRVL, NEM, NPSP, ONXX, PSA, SBAC, SWN, TS, WBMD
    | Feb. 20, 2013, 5:35 PM | 2 Comments