UPDATE 2-Ingersoll Rand cuts profit view, shares tumble

Newswire

* Blames weak North American consumer demand * Strengthening euro also takes a toll * Sees Q3 EPS $0.77-$0.80, below $0.91 Wall St view * Could be start of wave of industrial warnings-analyst * Shares down 16 percent (New throughout) By Scott Malone Sept 30 (Reuters) - Ingersoll Rand Plc cut its profit forecast for the rest of the year on Friday, blaming weak demand in North America for residential heating and cooling systems and commercial security ...

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