DCP Midstream Partners LP (NYSE:DPM) [Trend Analysis] announces 20% workforce reduction; Cincinnati Financial Corp. (Nasdaq:CINF), Amtech Systems Inc. (Nasdaq:ASYS)

DCP Midstream Partners LP (NYSE:DPM) announces workforce reduction of approximately 20%. Denver-based DCP Midstream executed a reduction in force affecting approximately 20% of its employees in corporate staff functions. With this corporate restructuring, DCP Midstream will close its Oklahoma City regional office and reduce its workforce in its Tulsa and Midland offices, relocating functions in those locations primarily to its Denver headquarters and Houston regional office. The closing for DPM was $7.53at the day’s end. It was a change of $0.56. DPM saw a market cap of $4.24B and its Trailing P/E was 26.30.

 

Cincinnati Financial Corp. (Nasdaq:CINF) raises quarterly dividend to 46c from 44c per share. Cincinnati Financial Corporation announced that the board declared a 46c per share regular quarterly cash dividend, increasing from the previous 44c per share dividend paid on January 15. The dividend is payable April 15 to shareholders of record as of March 18. At the new level, the indicated annual dividend is $1.84 per share. In 2014, cash dividends paid were $1.74 per share and dividends declared were $1.76 per share. CINF closed for the day at $50.51 with a change of $1.39. Trailing 12 month’s profit margin for CINF is 9.89% and for the same period, its operating margin is 14.54%.

 

Amtech Systems Inc. (Nasdaq:ASYS) sees BTU acquisition accretive to FY15 adjusted earnings. Amtech Systems (ASYS) announced that it has completed its acquisition of BTU International (BTUI). The combined company is expected to generate $4M–$5M of annual operating expense savings within 12 months post-closing. Amtech expects the transaction to be accretive to fiscal 2015 non-GAAP earnings per share. In connection with the completion of the transaction, BTU ceased trading on the NASDAQ stock exchange. In Nasdaq, ASYS traded with a change of $0.06 and closed for the day at $8.20 with a volume of 17,883 shares. ASYS‘s revenue in last one year has been $56.50M, return on assets -8.15% and return on equities -23.74%.