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Stock Market & Financial Investment News

News Breaks
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.
News For IR From The Last 14 Days
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October 22, 2014
07:09 EDTIRIngersoll-Rand sees Q4 continuing ops EPS 68c-72c, consensus 79c
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07:08 EDTIRIngersoll-Rand sees FY14 adjusted EPS $3.20-$3.24, consensus $3.24
Sees FY14 revenue up approx. 4%, consensus $12.84B. Restructuring expenses are expected to approximate (3c) per share. Free cash flow for full-year 2014 is expected to be in the range of $800M-$850M.
07:07 EDTIRIngersoll-Rand sees acquisition of Cameron assets closing before end of year
In August, the company (IR) announced that it entered into an agreement to acquire the assets of Cameron International Corporationís (CAM) Centrifugal Compression division for $850M. The acquisition is expected to close before the end of the year, subject to regulatory approval.
07:06 EDTIRIngersoll-Rand reports Q3 continuing ops EPS $1.10, consensus $1.04
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October 21, 2014
15:35 EDTIRNotable companies reporting before tomorrow's open
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