Ingersoll-Rand Shares Spike after Q4 Earnings Top Expectations (IR)
Posted on February 11, 2009 at 12:04 PM EST
Shares of Ingersoll-Rand Company Ltd. (IR) bounced up 13% in morning trading Wednesday, after the company reported better-than expected fourth quarter earnings — disregarding special charges. The company, which manufactures various industrial and commercial products through its business segments, said that its fourth quarter EPS, excluding special charges, came in at 53 cents. Analysts had been [...]