Business News
Dresser-Rand Ranked #25 in Forbes Top 100
Thursday 02. October 2008 - Dresser-Rand (NYSE:DRC), a leading supplier of energy conversion solutions, is pleased to announce its rank of #25 in Forbes' "100 Best Mid-Cap Stocks in America." Dresser-Rand was also among Forbes' "Top-Ten in the Mid-Cap: Best Earnings Growth."
This is Forbes’ fourth annual ranking of the “100 Best Mid-Cap Stocks in America.” Every year, Forbes evaluates 1,000 publicly traded stocks with a market value between $1.5 billion and $5.5 billion and determines the top 100 companies with a unique combination of growth, financial stability and promising forecasts. Forbes’ “Top-Ten in the Mid-Cap: Best Earnings Growth” category predicts which mid-cap stocks will have the highest annualized earnings growth over the next three to five years.
“We are very pleased to be honored in this way,” said Vincent R. Volpe, Jr., President and Chief Executive Officer of Dresser-Rand. “Our rank among such prestigious and successful companies underscores the strength of our business model and reflects the company’s commitment to growth and building shareholder value.”