SPIN AND RAISE: Industrial conglomerate Ingersoll-Rand says it will spin off its security technology business and buy back $2 billion of shares. The Ireland-based company also said Monday it is raising its quarterly dividend by 31 percent to 21 cents per share.
COMING SOON: The spinoff of its commercial and residential security businesses into a new public company will be completed within the next year.
MULTIPLICATION BY DIVISION: CEO Michael Lamach said that the move will allow both companies to enhance value by allocating capital and deploying resources in a more focused way.
State Department: Iran Never Signed Nuclear Deal, Which Isn't 'Legally Binding'
'This is not a day care': Oklahoma Wesleyan University president applauded for wake-up call to special snowflakes
WaPo: Let’s hold free speech guilty for the acts of a lunatic, shall we?
Stumbling to War With Russia? | Human Events
- What Is Your U.S. Income Percentile Ranking?
The Cruz Surge Creates GOP Establishment Panic And Paralysis | RedState
NRA Thanks Obama For Signing Pro-Gun Legislation - Bearing Arms - Barack Obama, National Defense Authorization Act