Form 8-K DOVER Corp For: Mar 14
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E-mailUNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________________
FORM 8-K
________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 14, 2016
________________________________
DOVER CORPORATION
(Exact name of registrant as specified in its charter)
________________________________
State of Delaware | 1-4018 | 53-0257888 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
3005 Highland Parkway | ||
Downers Grove, Illinois | 60515 | |
(Address of principal executive offices) | (Zip Code) | |
(630) 541-1540
(Registrant’s telephone number, including area code)
______________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01 Regulation FD Disclosure
On March 14, 2016, Dover Corporation (the “Company”) issued a press release, attached as Exhibit 99.1 and incorporated by reference herein, to provide an update on business trends and the impact of the current operating environment on the Company’s outlook for the first quarter 2016 results in advance of its attendance at the Bank of America Merrill Lynch Global Industrials & EU Autos Conference in London, England, tomorrow, March 15, 2016.
The information in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished to the Securities and Exchange Commission (the “SEC”) and shall not be deemed to be incorporated by reference into any of the Company’s filings with the SEC under the Securities Act of 1933.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following exhibit is furnished as part of this report:
99.1 Dover Corporation Press Release dated March 14, 2016.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
Date: | March 14, 2016 | DOVER CORPORATION | ||
(Registrant) | ||||
By: | /s/ Ivonne M. Cabrera | |||
Ivonne M. Cabrera | ||||
Senior Vice President, General Counsel & Secretary | ||||
EXHIBIT INDEX
Number | Exhibit | |
99.1 | Press Release of Dover Corporation dated March 14, 2016 | |
Exhibit 99.1
Investor Contact: | ||
Paul Goldberg | ||
Vice President - Investor Relations | ||
(212) 922-1640 | ||
DOVER PROVIDES BUSINESS UPDATE
Downers Grove, IL, March 14, 2016 - Today, Dover (NYSE: DOV) provided an update on business trends and the impact of the current operating environment on the Company’s outlook for the first quarter 2016 results in advance of its attendance at the Bank of America Merrill Lynch Global Industrials & EU Autos Conference in London, England, tomorrow, March 15, 2016.
Robert A. Livingston, Dover’s President and Chief Executive Officer said, “While the end-markets served by our Engineered Systems and Refrigeration & Food Equipment segments have remained very solid in the first quarter, we have seen significant further weakening in the oil & gas related end-markets served by our Energy and Fluids segments, evidenced by additional customer capex reductions and a large decline in the US rig count. As a result, we expect that our first quarter results will be well below our prior expectations, entirely driven by our businesses with exposure to US oil & gas markets. In response, we are increasing our restructuring and cost management activities to help mitigate the impact of these historically weak market conditions.
“Although the recent improvement in oil prices is encouraging, we remain cautious as to when our US energy end-markets will improve. I remain steadfast in my belief that when the market does improve, the efforts we have made to maintain our capabilities and reduce our cost structure will allow Dover to fully leverage that recovery.”
About Dover:
Dover is a diversified global manufacturer with annual revenues of $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 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.
Forward Looking Statements:
Dover makes information available to the public, orally and in writing, which may use words like "anticipates," "expects," "believes," "indicates," "suggests," "will," "plans" and "should," which are "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements concerning future events and the performance of Dover that involve inherent risks and uncertainties that could cause actual results to differ materially from current expectations. Dover refers you to the documents that it files from time to time with the Securities and Exchange Commission, such as its reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of risks and uncertainties that could cause its actual results to differ materially from its current expectations and from the forward-looking statements contained in this press release. Dover undertakes no obligation to update any forward-looking statement.
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