Ingersoll-Rand Splitting In Two Amid Flagging Sales
Ingersoll-Rand (IR) is betting it can get better results by sticking to its basic heating and air conditioning systems business. The company Monday morning confirmed reports that surfaced over the weekend that it plans to spin off its security business as a new company. The move comes after four quarters of declining overall sales for Ingersoll amid global economic uncertainty. The security division includes the brands such as Schlage, CISA,
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here