Robbins & Myers on Yahoo Finance: A Brief Overview

Robbins & Myers, formerly a diversified industrial manufacturer, no longer exists as an independent publicly traded company. It was acquired by National Oilwell Varco (NOV) in 2013. Consequently, searching for “Robbins & Myers” on Yahoo Finance will primarily yield historical data related to its past stock performance and news articles referencing the acquisition or legacy operations.

What You’ll Find on Yahoo Finance (Potentially)

Even though the company is defunct, Yahoo Finance might still offer access to:

• Historical Stock Quotes: Data showing the company’s stock price fluctuations over its lifetime as a public entity. This includes opening prices, closing prices, daily highs and lows, trading volume, and adjusted closing prices (which account for dividends and stock splits). Analyzing this historical data can be useful for research, especially if you’re studying the performance of industrial companies in the early 2000s or examining the impact of mergers and acquisitions.
• News Articles: Archives of news reports concerning Robbins & Myers, particularly leading up to and following the acquisition by NOV. These articles provide context surrounding the company’s financial health, strategic decisions, and the rationale behind the merger. They could also cover any legal or regulatory issues associated with the company.
• Financial Statements: Potentially archived copies of Robbins & Myers’ past financial statements, including balance sheets, income statements, and cash flow statements. These documents, if available, would offer detailed insights into the company’s revenues, expenses, assets, liabilities, and overall profitability before it was acquired.
• Key Statistics: Historical key statistics such as price-to-earnings ratio (P/E), earnings per share (EPS), dividend yield (if any), and market capitalization. These metrics provide a snapshot of the company’s valuation and financial health at various points in its history.

The Acquisition by National Oilwell Varco (NOV)

The key event in Robbins & Myers’ recent history is its acquisition by National Oilwell Varco. This acquisition significantly altered the landscape of the oil and gas equipment and services industry. NOV, a major player in the sector, sought to expand its portfolio by incorporating Robbins & Myers’ expertise in certain specialized equipment and solutions.

Why is this Information Useful?

Even though Robbins & Myers is no longer an independent entity, its historical data on Yahoo Finance can be valuable for:

• Industry Analysis: Understanding the performance and valuation of a company like Robbins & Myers provides context for analyzing the broader industrial sector, especially the segments it operated in.
• Merger and Acquisition Studies: The acquisition of Robbins & Myers by NOV serves as a case study for understanding the dynamics of M&A transactions, including valuation, integration challenges, and the impact on shareholder value.
• Historical Research: Accessing historical financial data and news articles allows researchers and analysts to examine the company’s strategic decisions, financial performance, and competitive landscape over time.

In conclusion, while you won’t find current, active stock information for Robbins & Myers on Yahoo Finance, the archived data can still offer valuable insights for researchers, analysts, and anyone interested in the company’s history and its acquisition by National Oilwell Varco.