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Stock Market & Financial Investment News

News Breaks
October 19, 2012
09:54 EDTIRIngersoll-Rand says expects to spend $840M in 2012 on share repurchases
Comments from slides that will be presented on the Q3 earnings conference call.
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March 5, 2015
07:20 EDTIRJPMorgan to hold a conference
Aviation, Transportation & Industrials Conference is being held in New York on March 3-5 with webcasted company presentations to begin on March 5 at 8 am; not all company presentations may be webcasted. Webcast Link
05:23 EDTIRIngersoll-Rand acquires FRIGOBLOCK for EUR 100M
Ingersoll-Rand announced it has completed the acquisition of FRIGOBLOCK. The transaction was closed on March 4 for EUR 100M. FRIGOBLOCK manufactures and designs transport refrigeration units for trucks and trailers in Europe, primarily sold in Northern Europe. FRIGOBLOCK operates in Essen, Germany and is home to about 150 employees. FRIGOBLOCKís annual revenue is approximately EUR 41M. Ingersoll Rand welcomes the FRIGOBLOCK brand into the Ingersoll Rand family of brands. FRIGOBLOCK is now part of the Transport Solutions business, which goes to market as Thermo King. The acquisition strengthens Ingersoll Randís ability to deliver transport temperature control systems for a variety of mobile applications.
March 4, 2015
07:12 EDTIRJPMorgan to hold a conference
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February 20, 2015
14:19 EDTIRTrian lowers stake in Ingersoll-Rand to 4.93% from 5.79%
Trian Group sold an aggregate of 2.4M shares. Following such sales, Trian Group, in the aggregate, beneficially own 12.98M shares, or approximately 4.93% of Ingersoll-Rand outstanding shares. In the future, CalSTRS will make independent investment decisions in respect of its holdings in Ingersoll-Rand and, therefore, Trian Group and CalSTRS no longer constitute a group in respect of their respective holdings in Ingersoll-Rand. Because Trian Groupís holdings in Ingersoll-Rand are now under 5% and it no longer constitutes a group with CalSTRS, Trian Group does not anticipate making future filings in respect of its investment in Ingersoll-Rand.
14:00 EDTIRTrian lowers stake in Ingersoll-Rand to 4.93% from 5.79%
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