IDEX Corporation (IEX) Tops Q1 EPS by 1c
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April 20, 2015 4:15 PM EDT
LAKE FOREST, Ill.--(BUSINESS WIRE)--
IDEX Corporation (NYSE: IEX) today announced its financial results
for the three month period ended March 31, 2015.
First Quarter 2015 Highlights
Orders were up 2 percent organically
EPS of 84 cents with operating margin of 20.3 percent
Repurchased 830 thousand shares of common stock for $62 million
Announced a 14 percent increase in the quarterly dividend on April 8,
2015
Announced an agreement to acquire Novotema
First... More
April 20, 2015 4:05 PM EDT
LAKE FOREST, Ill.--(BUSINESS WIRE)--
IDEX CORPORATION (NYSE: IEX) announced today that it entered into
an agreement to acquire 100% of the outstanding shares of Novotema, SpA,
a leader in the design, manufacture and sale of specialty sealing
solutions for use in the building products, gas control, transportation,
industrial and water markets. The transaction is expected to close
within 45... More
