International Business News - IR http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Diversified industrial manufacturer Ingersoll-Rand Co. said Monday its board approved changes to the company's long-term incentive program, and has also agreed to hold a shareholder vote related to executive compensation in June. http://www.ibtimes.com/articles/20081006/ingersoll-rand-ok-changes-to-incentive-program.htm Mon, 06 Oct 2008 14:21:00 EDT An analyst Thursday cut earnings estimates on 19 diversified manufacturers because of slowing global growth, a stronger dollar plus some regional weakness in the end markets of truck and car makers as well as nonresidential construction. http://www.ibtimes.com/articles/20080918/ahead-of-the-bell-diversified-manufacturers.htm Thu, 18 Sep 2008 08:58:45 EDT Shares of building materials suppliers fell Tuesday after an analyst warned that the outlook for non-residential construction remains "challenging." Goldman Sachs analyst Terry Darling, in a note, said "given on-going deterioration in fundamentals, risk of estimate downgrades, and the historical precedent of peak-to-trough declines of about 50 percent for highly exposed non-residential stocks in the last two cycles, we believe investors should remain cautious on the group." http://www.ibtimes.com/articles/20080916/shares-of-building-materials-suppliers-fall.htm Tue, 16 Sep 2008 10:24:02 EDT Affiliated Computer Services Inc. said Wednesday it signed a $551 million information technology outsourcing contract extension with Ingersoll Rand Co. http://www.ibtimes.com/articles/20080910/affiliated-extends-contract-with-ingersoll-rand.htm Wed, 10 Sep 2008 07:44:02 EDT What if locking the front door of your home while you're away were as easy as hopping on the Internet? At the CEDIA Expo in Denver this week, Ingersoll-Rand Co.'s Schlage unit is showing off door locks that can be wirelessly set or opened via the Internet, from a mobile phone or a computer. http://www.ibtimes.com/articles/20080903/new-home-door-locks-can-be-controlled-online.htm Wed, 03 Sep 2008 16:10:04 EDT Shares of heavy machinery companies could see increased activity Wednesday as the government releases data expected to show demand for big-ticket manufactured goods grew slightly in July, after a big jump the previous month. http://www.ibtimes.com/articles/20080827/ahead-of-the-bell-heavy-machinery-makers.htm Wed, 27 Aug 2008 08:18:48 EDT Among the earnings stories for Friday, Aug. 1, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080801/earnings-roundup-cigna-kbr.htm Fri, 01 Aug 2008 11:10:31 EDT Among the earnings projection stories for Friday, Aug. 1, from AP Financial News: ALLENTOWN, Pa. (AP)--PPL Corp., an energy and utility holding company, on Friday lowered its guidance for 2008, citing higher fuel costs and lower expected results from marketing and trading operations. http://www.ibtimes.com/articles/20080801/outlook-roundup-ppl-scana.htm Fri, 01 Aug 2008 11:09:14 EDT Diversified industrial manufacturer Ingersoll-Rand Co. on Friday offered third-quarter guidance in line with Wall Street estimates and reaffirmed its outlook for the year. http://www.ibtimes.com/articles/20080801/ingersoll-rand-3q-profit-to-meet-expectations.htm Fri, 01 Aug 2008 08:08:33 EDT Diversified industrial manufacturer Ingersoll-Rand Co. said Friday its second-quarter earnings shrunk 73 percent on charges from the acquisition of Trane Co. and hefty year-ago gains. http://www.ibtimes.com/articles/20080801/ingersoll-rand-2q-earnings-decline-on-charges.htm Fri, 01 Aug 2008 08:07:50 EDT The worldwide president of North Dakota's Bobcat Co., has been named chief executive of Doosan Infracore International. Doosan says Scott R. Nelson also will continue as Bobcat's worldwide president. http://www.ibtimes.com/articles/20080708/bobcat-president-named-ceo-of-doosan-subsidiary.htm Tue, 08 Jul 2008 13:18:59 EDT Bermuda-based diversified manufacturer Ingersoll-Rand Co. said Monday it named Steven B. Hochhauser the president of its security technologies sector. http://www.ibtimes.com/articles/20080616/ingersoll-rand-names-hochhauser-president-of-unit.htm Mon, 16 Jun 2008 07:49:10 EDT Investors who want some say in how corporate executives are paid will know the next president supports their cause--but there are differences in how to get there. http://www.ibtimes.com/articles/20080616/say-on-pay-bills-may-be-more-cudgel-than-reality.htm Mon, 16 Jun 2008 06:41:39 EDT Investors who want some say in how corporate executives are paid will know the next president supports their cause--but there are differences in how to get there. http://www.ibtimes.com/articles/20080615/say-on-pay-bills-may-be-more-cudgel-than-reality.htm Sun, 15 Jun 2008 15:30:57 EDT Diversified industrial company Ingersoll-Rand Co. on Monday promoted Steven R. Shawley to senior vice president and chief financial officer. Shawley, 55, replaces James Gelly, who resigned last week, the company said. http://www.ibtimes.com/articles/20080609/ingersoll-rand-names-shawley-cfo-to-replace-gelly.htm Mon, 09 Jun 2008 12:08:03 EDT Moody's Investors Service on Friday cut its investment-grade senior unsecured rating for Ingersoll-Rand Co. Ltd. and its subsidiary Ingersoll-Rand Co. to "Baa1" from "A3," a day after the closing of diversified industrial company's acquisition of Trane Inc. http://www.ibtimes.com/articles/20080606/moodys-lowers-ingersoll-rand-ratings.htm Fri, 06 Jun 2008 12:31:02 EDT Ingersoll-Rand Co. said Thursday that it completed its acquisition of Trane, a heating, ventilation and air conditioning systems provider. Trane becomes a subsidiary of Ingersoll-Rand. Its common stock stopped trading on the New York Stock Exchange at the end of Thursday's session, Ingersoll-Rand said. http://www.ibtimes.com/articles/20080605/ingersoll-rand-completes-acquisition-of-trane.htm Thu, 05 Jun 2008 18:13:23 EDT Standard & Poor's, a division of McGraw-Hill Cos., said Tuesday Southwestern Energy Co. will replace Trane Inc. in the benchmark S&P 500 Index after the close of trading June 5. http://www.ibtimes.com/articles/20080527/southwestern-energy-to-join-s-p-500.htm Tue, 27 May 2008 18:40:27 EDT Billionaire investor Warren Buffett's Berkshire Hathaway Inc. reported Thursday that it eliminated its stake in Ameriprise Financial Inc. and is cutting its stake in Iron Mountain Inc., while raising its stakes in Kraft Foods Inc. and Burlington Northern Santa Fe Inc. http://www.ibtimes.com/articles/20080515/buffetts-berkshire-eliminates-stake-in-ameriprise.htm Thu, 15 May 2008 17:26:19 EDT Among the earnings stories for Wednesday, April 30, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080430/earnings-roundup-time-warner-kellogg.htm Wed, 30 Apr 2008 14:53:48 EDT