In August alone, American International Group, Hershey, Illinois Tool Works, Ingersoll-Rand, Parker-Hannifin, Public Storage and Wachovia all announced dividend increases of more than 10%.
After Macaulay got word at a dinner that Dresser-Rand might be turning around, he approached Ingersoll-Rand with a deal to get the unit off its books without taking a writedown.
Dresser-Rand, the nation's largest maker of gas compressors and turbines for the oil patch, was languishing in the hands of Ingersoll-Rand (nyse: IR - news - people ), the industrial machinery giant that had little interest in hydrocarbons.
With his own factory, Korndorf hopes to catch Ingersoll-Rand's Bobcat brand, the market leader.
Now with his own factory, Korndorf hopes to catch Ingersoll-Rand's Bobcat brand, the market leader.
Most analysts think investors should stand pat on Ingersoll-Rand, with nine of 17 analysts rating it hold.
The majority of analysts think investors should stand pat on Ingersoll-Rand, with nine of 15 analysts rating it hold.
About 5 million shares in industrial goods firm Ingersoll-Rand shares were sold, bringing the position down to 637 thousand.
Ingersoll-Rand, where billionaire Nelson Peltz helped to inspire a spinoff of the security unit expected to close later this year.
Ingersoll-Rand (IR) is expected to report poor fourth quarter earnings on Friday, February 1, 2013 with analysts expecting a 7.9% drop in earnings from a year ago.
All the asbestos cases were filed in plaintiff-friendly Mississippi, where lawyers wrested hundreds of millions of dollars in settlements from defendants including Halliburton, Ingersoll-Rand, Owens Corning and Georgia Pacific .
Dresser-Rand, the nation's largest maker of gas compressors and turbines for the oil patch, was languishing in the hands of Ingersoll-Rand, the industrial machinery giant that had little interest in hydrocarbons.
He was also the International Controller with Ingersoll-Rand Company.
Meanwhile, companies like General Electric, Kodak, Dow Chemical and Ingersoll-Rand have indicated that they will displace American jobs by supplying the domestic market and markets in other countries with exports from their Chinese factories.
Among the largest underlying components of PKB, in trading today Ingersoll-Rand Plc ( NYSE: IR) is up about 0.5%, Jacobs Engineering Group, Inc. ( NYSE: JEC) is up about 0.3%, and Tutor Perini Corp ( NYSE: TPC) is up by about 1.1%.
Ingersoll Rand ( IR - news - people ) in 2008, has suffered in the sluggish U.S. construction market.
应用推荐