This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Knowles Corporation Debuts as Independent, Public Company Following Spin-Off from Dover Corporation

Knowles Corporation (NYSE: KN), a market leader and global supplier of advanced micro-acoustic, specialty components, and human interface solutions announced today that it will debut as a standalone, publicly-traded company following its spin-off from Dover Corporation (NYSE: DOV). The company’s common stock will begin trading “regular way” on the New York Stock Exchange (NYSE) under the symbol “KN” on March 3, 2014.

“Today marks the beginning of an exciting new chapter in Knowles’ more than 65-year history,” said Jeffrey S. Niew, Knowles’ president and chief executive officer. “As an independent public company, we now have the opportunity to leverage our long-established heritage of innovation and proven performance. Based on technology that enhances people’s ability to communicate with each other, we strive to continuously reinvent our industry, design solutions that address the needs of the ever-changing world, and enrich the human experience. We are truly excited about our prospects and know that we will continue to serve our customers and our new shareholders very well.”

As part of today’s announcement, Knowles also revealed the company’s new brand identity, including a refreshed logo. Knowles is the No. 1 global supplier of microphones, one of the top three suppliers of speakers and receivers, No. 1 global supplier of hearing aid solutions, and a global supplier of precision devices. The identity celebrates the company’s reputation as a pioneer in acoustics and commitment to improve the quality of audio – continuously pushing boundaries, driving the industry forward and enabling consumers to experience “life above the noise”.

“Becoming independent is a pivotal moment for Knowles. We are committed to helping our customers realize, appreciate and value the marvels of sound sensory solutions,” said Niew. “We believe the momentum in our businesses will drive our continued success, in particular the significant growth in the mobile device market coupled with our commitment to product innovation, operational excellence and the strength of our people globally.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs