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News Breaks | | | | February 1, 2013 | | 07:07 EDT |  | IR | Ingersoll-Rand sees moderate growth in industrial market sin 2013
For 2013 the company expects moderate growth in industrial markets, global parts and service, and across most of the company’s businesses in Asia and Latin America. Refrigerated transport markets and commercial HVAC replacement activity are expected to demonstrate slow year-over-year growth, especially in Europe where performance is hampered by low economic growth in key markets. The North American non-residential construction market is continuing its weak and uneven demand pattern with moderate growth in commercial markets, partially offsetting ongoing weakness in key institutional markets. Activity in North American consumer related markets, especially residential HVAC, is expected to continue its ongoing recovery for 2013 with moderate increases in demand levels. | |
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News For IR From The Last 14 Days Check below for free stories on IR the last two weeks. |
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| May 13, 2013 | | 07:29 EDT |  | IR | Skillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16. | | | May 9, 2013 | | 08:11 EDT |  | IR | Ingersoll-Rand downgraded to Neutral from Buy at Buckingham
 Subscribe for More Information | | | 06:52 EDT |  | IR | Ingersoll-Rand price target raised to $65 from $59 at Credit Suisse
Credit Suisse raised Ingersoll-Rand's price target to $65 ahead of the IR Security spin-off later this year and said investors are paying very little for the unit at current prices. Ingersoll-Rand is a top pick in the group and Outperform rated. | |
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