Ingersoll-Rand Co. Revenues Jump after Trane Acquisition (IR)
Posted on October 24, 2008 at 12:17 PM EDT
Ingersoll-Rand Company Limited (IR) just reported its net income for the third quarter declined to $227.7 million, or 70 cents per share, down from $266.6 million, or 92 cents per share, a year ago. The company’s revenues rose, however, to $4.31 billion from $2.24 billion, with the help of its recent acquisition of air conditioning company [...]