Bruker (BRKR) Initiates Qtr. Dividend at 4c/Share; Yields 0.6%

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Suprises Aplenty Help Support Bull Thesis on Bruker Corp. (BRKR) - BTIG

February 22, 2016 10:02 AM EST

BTIG reaffirmed its Buy rating and $27 price target on Bruker Corporation (Nasdaq: BRKR) after the company announced the appointment of a new CFO and initiation of a quarterly cash dividend.

Analyst Dane Leone noted the following:

Internal... More

Bruker (BRKR) Names New CFO

February 22, 2016 7:04 AM EST

Bruker Corporation (Nasdaq: BRKR) announced the appointment of Anthony (Tony) Mattacchione as Chief Financial Officer, effective immediately. Mr. Mattacchione has served as the Companys Interim Chief Financial Officer since June 2015, and he previously served as Brukers Senior Vice President of Finance & Accounting.

Frank Laukien, Brukers President and CEO, stated: On behalf of Brukers Board and executive management team, I am very pleased to congratulate Tony on his appointment. Tony has the strategic and leadership skills, as well as the operational experience and focus, to assist Bruker in driving continuous improvements in operational excellence... More