Ingersoll-Rand Makes a Compelling Case
Ingersoll-Rand (IR) shareholders got some good news over the weekend. According to dispatches by Bloomberg and Reuters, the company will sell assets worth about $1.5 billion, raise its dividend and buy back some of its own shares.
Ingersoll-Rand has its headquarters in Swords, Ireland, but gets about two-thirds of its revenue in the U.S. Its biggest subsidiary is Trane, which makes air conditioning, heating and ventilation systems....309 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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