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Ingersoll-Rand (IR): Q2 Non-GAAP EPS of $0.46 beats by $0.04; GAAP EPS of $0.32 beats by $0.25.Revenue of $1.28B (+24.3% Y/Y) beats by $80M.Reported orders of $1.5 billion, up 48% (37% organically).Adjusted EBITDA of $292 million, up 34%, with a margin of 22.8%.Liquidity of $4.7 billion as of...
Record Double-Digit Orders and Revenue Growth; Raising 2021 Guidance Second-Quarter 2021 Highlights (All comparisons against the second quarter of 2020 unless otherwise noted.) Strong performance and transformation fueled by Ingersoll Rand Execution Excellence (I...
Shares of SPX Flow (NYSE: FLOW) climbed as much as 13% on Monday after the company said it was exploring a possible sale. We already know at least one potential buyer has expressed interest in SPX, and the company has now hired bankers to see what other offers might be out there. ...
Mikhail Leonov/iStock via Getty Images The week got started with another round of earnings reports before the bell Monday. Hasbro (HAS), Philips (PHG) and Lockheed Martin (LMT) all reported their quarterly results. In non-earnings news, SPX Flow (FLOW) revealed that it is considering "strateg...
Previously, SPX Flow rejects the takeover proposal from Ingersoll Rand (IR) at $85 per share.SPX Flow's (FLOW) board has approved a review of strategic options, including a potential sale or merger of the Company and the continued execution of the Company's standalone strategy."After car...
SPX FLOW Announces Exploration Of Strategic Alternatives PR Newswire CHARLOTTE, N.C. , July 26, 2021 /PRNewswire/ -- SPX FLOW, Inc. (NYSE: FLOW), a leading provider of process solutions, today announced that its Board of Directors has authorized a review of strat...
SPX FLOW, Inc. offers high-value process solutions for the industrial as well as nutrition and health markets. FLOW received a non-binding proposal from Ingersoll Rand Inc. to acquire the company for $85 per share in cash. The Board of Directors rejected the offer. I used approxim...
SPX Flow (FLOW) confirms its Board of Directors previously received and rejected an unsolicited proposal from Ingersoll Rand (IR) to acquire all outstanding shares for $85 per share in cash.After careful evaluation, the SPX FLOW Board of Directors unanimously rejected the proposal determining...
SPX FLOW Remains Focused On Strategic Plan Confirms Rejection of Unsolicited Proposal from Ingersoll Rand PR Newswire CHARLOTTE, N.C. , July 19, 2021 /PRNewswire/ -- SPX FLOW, Inc. (NYSE: FLOW), a leading provider of process solutions, today confirmed its Boa...
monsitj/iStock via Getty Images Renewed COVID concerns continue to weigh on the market at midday Monday. Besides the usual suspects in the travel and entertainment sectors, these worries have impacted companies in a host of indirect ways. Take Nike (NKE), which faces a possible supply-chain t...
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2024-07-18 11:54:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Shares of Ingersoll Rand Inc. (NYSE: IR) traded at a new 52-week high today and are currently trading at $98.49. So far today, approximately 577.92k shares have been exchanged, as compared to an average 30-day volume of 2.12M shares. Ingersoll Rand Inc. provides various mission-critical air, ...
DAVIDSON, N.C., July 10, 2024 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, will issue its second quarter 2024 earnings release after the market closes on Wednesday, July 31, 2024. Ingersoll...