Friday, March 1, 11:04 AM
Sauer-Danfoss (SHS +8.5%) agrees to sell the rest of itself to Danfoss after Danfoss raised its offer to $58.50/share in cash from $49 made in late November. Kudos go to SA Pro author Stephen Simpson who said last week SHS had fair value of $62 and management should be ready to walk away if Danfoss didn't better its $49 bid.
Comment![On the Move, M&A]
Wednesday, November 28, 2012, 5:33 PMSauer-Danfoss (SHS) declares $0.35/share quarterly dividend, in line with previous. Forward yield 2.66%. For shareholders of record Dec 28. Payable Jan 15. Ex-div date Dec 26. (PR)
Comment![Dividends]
Wednesday, September 5, 2012, 4:38 PMSauer-Danfoss (SHS) declares $0.35/share quarterly dividend, in line with previous. Forward yield 3.65%. For shareholders of record Sep 28. Payable Sep 30. Ex-div date Sep 26. (PR)
Comment![Dividends]
Thursday, March 1, 2012, 8:27 AM
Sauer-Danfoss (SHS) -9.5% premarket after posting Q4 EPS of $0.57 vs. $2.60 a year ago, hurt by a 30% drop in Asia-Pacific sales, and offering a cautious forecast for 2012. The manufacturer of engineered hydraulic and electronic systems foresees EPS of $4-$5, vs. $4.74 in 2011, and sales coming in flat to 10% higher than 2011's $2.06B.
Comment![On the Move]
Friday, September 16, 2011, 9:53 AM
Sauer-Danfoss (SHS +2.5%) plans to invest more than $100M in factories, office facilities and new products for China, the company says as it opens a new sales office in Shanghai. The company expects sales to the Asia-Pacific region to reach $900M by 2015, CEO Sven Ruder says.
1 Comment