On Friday, Shares of Ingersoll-Rand Plc (NYSE:IR), dropped -0.62% to $68.63.
Ingersoll-Rand, stated diluted earnings per share (EPS) from ongoing operations of $0.22 for the first quarter of 2015.
The company stated net earnings of $51.3 million, or EPS of $0.19, for the first quarter of 2015. First-quarter net earnings comprised of $58.6 million, or EPS of $0.22, from ongoing operations, in addition to a net loss of $(7.3) million, or EPS of $(0.03), from suspended operations. Results for the first quarter of 2015 also comprised of a number of items totaling $55.2 million, or EPS of $(0.16):
- the company elected to devalue its Venezuela bolivar position using the Venezuela government’s SIMADI exchange rate. As a result, the company recorded a pretax charge of $(42.6) million, or EPS of $(0.13);
- a $(11.7) million charge, or EPS of $(0.03), from inventory step-up costs related to the acquisition of Cameron International Corporation’s Centrifugal Compression division; and
- $(0.9) million of restructuring charges.
Ingersoll-Rand plc, together with its auxiliaries, designs, manufactures, sells, and services a portfolio of industrial and commercial products. It operates through Climate and Industrial segments.
Shares of Fidelity National Information Services, Inc. (NYSE:FIS), declined -0.62% to $64.11, during its last trading session.
Fidelity National Information Services, will host an investor day for institutional investors and analysts on Monday, May 4, 2015, starting at 8:30 am ET. Key members of FIS’ executive leadership team will outline the company’s planned plans and future financial aims.
The company will sponsor a live webcast simultaneously with the meeting. To access the webcast, go to the Investor Relations section of FIS’ homepage, www.fisglobal.com. A replay will be accessible after the conclusion of the live webcast.
Fidelity National Information Services, Inc. provides banking and payments technology, consulting, and outsourcing solutions worldwide. Its Financial Solutions Group segment offers core processing software applications to run banking processes.
At the end of Friday’s trade, Shares of RPM International Inc. (NYSE:RPM), dwindled -0.62% to $48.35.
On April 14, RPM International, declared that its tremco illbruck Group has attained Firetherm Intumescent & Insulation Supplies Ltd., the United Kingdom market leader in fire-stopping solutions for the construction industry. Based in Kent, near London, England, Firetherm has annual net sales of about $10 million. Terms of the transaction, which is predictable to be accretive to earnings within one year, were not revealed.
Firetherm manufactures and supplies a broad range of fire-stopping products, intumescent coatings, and fire-rated sealants and fiber boards. They are primarily sold to specialist fire-stopping contractors, general contractors and home builders who view the company as a leading technical expert in the sector.
RPM International Inc. manufactures, markets, and sells specialty chemical products for industrial and consumer markets in the United States and internationally. The company’s Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems.
Finally, Citigroup Inc. (NYSE:C), ended its last trade with -0.60% loss, and closed at $52.90.
Citigroup’s Annual Stockholders’ Meeting will be held on Tuesday, April 28, 2015, at 9:00 AM EDT at The Great Hall of The Cooper Union in New York, NY.
Citi, the leading global bank, has about 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, counting consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth administration.
Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).
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