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Stock Market & Financial Investment News

News Breaks
February 4, 2013
08:08 EDTIRIngersoll-Rand price target raised to $57 from $55 at RW Baird
Baird raised it price target on Ingersoll-Rand following better than expected Q4 results. The firm cited management guidance, potential for margin expansion, and positive price cost dynamics. Shares are Outperform rated.
News For IR From The Last 14 Days
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April 13, 2015
17:27 EDTIRIngersoll-Rand expects $42.6M pre-tax charge for Q1
In a regulatory filing, Ingersoll-Rand reports that in connection with the preparation of Q1 financial statements for Ingersoll-Rand, the company has determined to utilize the marginal currency system rate for translation of the financial position of the company’s Venezuelan subsidiary as of March 31. As a result, the company will record a pre-tax charge of $42.6M within the "other income/expense, net" segment related to the remeasurement of monetary assets in the three months ended March 31.

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