Dec 10- Diversified manufacturer Ingersoll-Rand Plc said it will spin off its security division and announced a $2 billion share buyback following shareholder pressure to unlock value. The company, whose main business is heating and cooling systems, also raised its quarterly dividend to 21 cents per share.
*McDonald's shares rise on November sales. NEW YORK, Dec 10- U.S. stocks rose on Monday, aided by gains in McDonald's and technology stocks, but moves remained muted as investors looked for any signs of movement on the "fiscal cliff" front.
NEW YORK, Oct 24- A leading indicator of U.S. construction activity jumped last month, led by demand for new apartment buildings, suggesting U.S. builders and their suppliers may see more work in coming months.
NEW YORK-- Ingersoll-Rand PLC said Friday its third-quarter net income more than tripled, helped by easy comparisons to a prior-year quarter hurt by charges related to the sale of a business.
Investment bank Credit Suisse raises its rating on the advertising agency sector and hotels sector to "benchmark" from "underweight," arguing that the stocks in these sectors could benefit from a rise in U.S. consumer spending. However, the outlook is far less strong in Europe, " Credit Suisse strategists write in a note.
--We are affirming our' A-' long-term and' A-2' short-term corporate ratings on Tyco and wholly owned finance subsidiary Tyco International Finance S.A.. Rating Action On Oct. 3, 2012, Standard& Poor's Ratings Services affirmed its' A-' long-term and' A-2' short-term corporate ratings on Tyco and wholly owned finance subsidiary Tyco International Finance S.A..
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