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Stock Market & Financial Investment News

News Breaks
August 18, 2014
06:27 EDTIR, CAMIngersoll Rand to acquire Cameron's centrifugal compressional division for $850M
Ingersoll-Rand (IR) announced it has entered into an agreement to acquire the assets of Cameron (CAM) Centrifugal Compression division for $850M. The acquisition is expected to close before the end of the year, subject to regulatory approval. The division provides centrifugal compression equipment and aftermarket parts and services for global industrial applications, air separation, gas transmission and process gas. Cameronís Centrifugal Compression division generated sales of approximately $400M in 2013, has approximately 850 employees and operates from 12 global locations. Ingersoll Rand plans to fund the acquisition through a combination of cash on hand and debt.
News For IR;CAM From The Last 14 Days
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May 22, 2015
09:57 EDTIROn The Fly: Analyst Upgrade Summary
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08:12 EDTIRIngersoll-Rand upgraded to Buy from Hold at Argus
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May 20, 2015
07:26 EDTCAMUBS to hold a conference
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May 19, 2015
07:18 EDTIRElectric Products Group to hold a conference
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May 15, 2015
17:07 EDTIRTrian Fund gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: PepsiCo (PEP), Mondelez (MDLZ), Bank of New York Mellon Group (BK), and Du Pont (DD). DECREASED STAKES: Family Dollar (FDO), and Ingersoll-Rand (IR). LIQUIDATED STAKES: Lazard (LAZ).
May 14, 2015
10:00 EDTIROn The Fly: Analyst Upgrade Summary
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06:52 EDTIRIngersoll-Rand upgraded to Overweight from Sector Weight at KeyBanc
As previously reported, KeyBanc upgraded Ingersoll-Rand to Overweight from Sector Weight with an $80 price target. Following the analyst day, KeyBanc sees further upside from strong execution that will drive margins and above average growth and leverage to sustained improvement in North American construction.
06:27 EDTIRIngersoll-Rand upgraded to Overweight from Sector Weight at KeyBanc
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May 13, 2015
07:48 EDTIRIngersoll-Rand sees FY15 organic revenue up 4%-5%
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May 11, 2015
08:23 EDTIRIngersoll-Rand to host analyst and investor meeting
Analyst and Investor Meeting will be held in Davidson, NC on May 13 at 8 am. Webcast Link
08:21 EDTCAMMitsubishi UFJ to hold a tour
Energy Tour travels throughout Houston and San Antonio, Texas to meet with various energy companies on May 11.
07:32 EDTCAMCameron announces CEO Jack Moore's intention to retire
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