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Stock Market & Financial Investment News

News Breaks
February 12, 2014
07:33 EDTIRIngersoll-Rand weakness overdone, says Bernstein
Bernstein believes that Ingersoll-Rand's margin guidance confused some investors, and the firm clarified that the company's guidance really includes margins in the high 30s to low 40s range. The firm thinks the company's full-year guidance can rise further, and keeps an Outperform rating on the stock.
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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