Shannon O'callaghan News
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Rockwell Automation Inc. is proving that demand for assembly-line components could pave the way for the second-biggest U.S. industrial acquisition on record.
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Nomura Securities International Inc. said that Shannon O’Callaghan will join the firm as a managing director and senior analyst for the electrical equipment and multi-industry sector in U.S. equity research. The information came in an e-mailed statement.
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3M Co. tumbled the most in almost nine months after reporting lower-than-expected profit margins and sales because of lower demand for products used in LCD televisions.
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SPX Corp., which ended talks to buy equipment maker Gardner Denver Inc. last year, is poised to become a target itself after activist Relational Investors LLC urged it to shed assets and focus on industrial pumps.
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General Electric Co.’s plans to build its mining-equipment division through acquisitions means companies from Joy Global Inc. to Weir Group Plc are now takeover candidates.
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Honeywell International Inc. said its planned $491 million purchase of EMS Technologies Inc., to be split between two divisions, should boost profit in 2012.
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3M Co. , the maker of Post-It Notes and films to brighten TV screens, fell the most since December after earnings excluding a lower tax rate trailed analysts’ estimates.
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Honeywell International Inc. , the maker of car turbochargers and aircraft parts, forecast a 2011 earnings increase that trailed analysts’ estimates.
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Honeywell International Inc. , the maker of car turbochargers and aircraft parts, boosted its full-year forecast after third-quarter profit topped estimates.
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Honeywell International Inc. said second-quarter profit advanced 43 percent, bolstered by demand for coolants at its chemical specialty unit and spare parts in the aerospace division. The company raised its full-year earnings forecast.
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