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Stock impact report

Dover beats quarterly profit estimates as pumps, fueling units strengthen [Yahoo! Finance Canada]

Terex Corporation (TEX) 
Last terex corporation earnings: 4/30 04:10 pm Check Earnings Report
by the strong performance in its fueling solutions and pump system manufacturing segments. Shares of the company, which makes consumable supplies, aftermarket parts, software and digital solutions for various industries, rose 2.5% before the bell. Fourth-quarter sales rose 17.5% from a year ago at Dover's clean energy and fueling unit, which makes dispensing equipment, piping systems for liquefied gases and other related products. The Grove, Illinois-based company's pumps and process unit, which makes engineered precision components for several industries including single-use pumps, flow meters and sensors, noted a 7.7% rise in quarterly sales. "Order trends continued their positive trajectory in the quarter with book-to-bill above one, driven by robust bookings in our secular-growth-exposed markets in single-use biopharma components, thermal connectors, and CO2 systems," CEO Richard Tobin said. The company has been involved in a bigger push to streamline its portfolio and f Show less Read more
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