TEXT-S&P: Ingersoll-rand rtgs unaffected by earnings

Newswire

(The following statement was released by the rating agency) Sept 30 - Standard & Poor's Ratings Services said today that the announcement of weaker third-quarter and full-year 2011 results by leading broad line industrial equipment and services company Ingersoll-Rand PLC (BBB+/Stable/A-2) will not affect our ratings or outlook on the company. The company lowered its revenue and earnings guidance due to the weaker-than-expected markets it serves. However, despite the lower ...

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