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Stock Market & Financial Investment News

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December 7, 2012
07:35 EDTIRIngersoll-Rand recommended ahead of strategic review at Credit Suisse
Credit Suisse recommends buying Ingersoll-Rand ahead of the expected results from its strategic review. The firm does not believe expectations are high and believes the update will solidify margin and return potential. Shares are Outperform rated with a $51 price target, up from $47.
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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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