Ingersoll Rand’s (IR) mission is help solve some of the world’s most pressing challenges, including the unsustainable demand for energy resources and the impact on greenhouse gas emissions.
Ingersoll-Rand is a global diversified firm. The company’s reported revenues increased 5% to $3,385 million, beating estimates by 6%. It expects revenues for full-year 2014 to increase by approximately 4%.
Consolidated revenues were $523.4 million in the second quarter of 2014, compared to $650.5 million in the second quarter of 2013. The 19.5% decrease came from loss of revenue resulting from the sale of 418 company-operated restaurants to franchisees.
Mondelez is a global snacking powerhouse and a world leader in biscuits, chocolate, gum, candy, coffee, and powdered beverages. It owns billion-dollar brands and reported net revenues of $8.4 billion.
Eric Mindich’s Eton Park Capital Management opened a new position in Air Products & Chemicals Inc. (APD) that accounts for 2.47% of the fund’s fourth quarter portfolio.
SAC Capital Advisors opened a new 0.29% position in Foot Locker Inc (FL), the New York–based global retailer of athletically inspired shoes and apparel.
SAC Capital Advisors, LP was founded by Steven A. Cohen in 1992. It has offices in Stamford, Connecticut, and New York City, as well as various international satellite offices.
