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Ingersoll-Rand profit falls on tax charge

2015-07-28 16:03:23| Industrial Machines - Topix.net

Ingersoll-Rand reported Tuesday that profit for its latest quarter tumbled 74% as the climate-control company booked a hefty charge to resolve a tax dispute. Ingersoll-Rand reported that during the quarter ended in June, U.S. sales were up 5% excluding acquisition expenses, while international sales slipped 9%, partly due to currency headwinds.

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Category:Industrial Goods and Services

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