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  • Ingersoll-Rand tops Street 4Q forecasts Tuesday, 9 Feb 2016 | 6:47 AM ET

    CO. DUBLIN, Ireland _ Ingersoll-Rand PLC on Tuesday reported fourth-quarter earnings of $233.5 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share. For the current quarter ending in April, Ingersoll-Rand expects its per-share earnings to range from 33 cents to 38 cents.

  • Feb 8- Pfizer Inc, which agreed to buy Allergan Plc for $160 billion last year, unveiled its management line up for the combined company, once the deal closes in the second half of 2016.. Pfizer agreed in November to buy Botox-maker Allergan in a deal meant to slash Pfizer's tax rate as the tax-inversion deal would shift its headquarters to Dublin.

  • Feb 5- A federal judge on Friday said Allergan Plc's planned generic version of a drug meant to treat epilepsy infringed patents belonging to Supernus Pharmaceuticals Inc.. They closed up $2.00, or 19.7 percent, at $12.13 on the Nasdaq. District Judge Renée Marie Bumb in Camden, New Jersey said Allergan's proposed generic infringed two of the three Supernus...

  • XL beats 4Q profit forecasts Wednesday, 3 Feb 2016 | 5:45 PM ET

    DUBLIN _ XL Group PLC on Wednesday reported fourth-quarter net income of $228.6 million. On a per-share basis, the Dublin- based company said it had net income of 76 cents. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.

  • Eaton beats 4Q profit forecasts Wednesday, 3 Feb 2016 | 6:45 AM ET

    DUBLIN _ Eaton Corp. PLC on Wednesday reported fourth-quarter profit of $532 million. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share. Ten analysts surveyed by Zacks expected $5.08 billion.

  • UPDATE 4-Pfizer 2016 forecast disappoints Tuesday, 2 Feb 2016 | 1:48 PM ET

    Pfizer, which plans to buy Botox maker Allergan Inc in the second half of this year, said it expected earnings of $2.20 to $2.30 per share in 2016. It forecast 2016 revenue of $49 billion to $51 billion, up from $48.9 billion in 2015 but shy of Wall Street expectations of $52.49 billion. Tony Scherrer, director of research at Smead Capital Management, said Pfizer...

  • Pfizer, which plans to buy Botox maker Allergan Inc later this year in a $160 billion deal, said it expected earnings of $2.20 to $2.30 per share in 2016. That would not be much different from $2.20 reported for 2015 and below Wall Street forecasts of $2.36. Pfizer forecast 2016 revenue of $49 billion to $51 billion, up from $48.9 billion in 2015 but shy of Wall Street...

  • *Expects 2016 adj earnings of $2.20- $2.30/ share vs est $2.36. Feb 2- U.S. drugmaker Pfizer Inc, which is in the process of buying Botox-maker Allergan Plc for $160 billion, forecast 2016 revenue and earnings below analysts' estimates, citing generic competition and a strong dollar. The company said it expects reported revenue of $49 billion- $51 billion for the full...

  • Unemployment has steadily improved since peaking at 15.1 percent in 2012, months before Ireland exited dependence on European and International Monetary Fund loans. Ireland faced bankruptcy in 2010 as the cost of rescuing six domestic banks crippled the country's ability to finance itself. The bailout gave Ireland time to restructure banks, repair its...

  • Feb 2- U.S. drugmaker Pfizer Inc, which is in the process of buying Botox-maker Allergan Plc for $160 billion, reported better-than-expected quarterly revenue, helped by demand for its pneumonia vaccine and its Hospira acquisition. However, net income fell to $613 million, or 10 cents per share, from $1.23 billion, or 19 cents per share, a year earlier.

  • Mallinckrodt beats Street 1Q forecasts Tuesday, 2 Feb 2016 | 6:09 AM ET

    DUBLIN _ Mallinckrodt PLC on Tuesday reported fiscal first-quarter net income of $211.1 million. Mallinckrodt expects full-year earnings in the range of $7.85 to $8.30 per share. Mallinckrodt shares have decreased 17 percent since the beginning of the year.

  • BERLIN, Feb 1- Budget airline Ryanair is set to fly more passengers than Lufthansa for the first time this year, heaping pressure on the German carrier to make a success of Eurowings, its latest attempt to crack the low-cost market. The Germanwings experiment didn't work because it wasn't sufficiently low-cost, but Eurowings should have greater labour...

  • DUBLIN, Feb 1- Ryanair forecast that record passenger numbers will enable it to hit its annual profit target despite falling ticket prices, and said it would share the proceeds with investors via a record 800 million euro share buyback. The share buyback, its largest ever, is aimed at cutting the proportion of the company held as American Depositary Receipts...

  • LONDON, Jan 31- Once dubbed "Slasher Walsh" for his relentless drive to cut costs, the boss of British Airways-owner IAG is showing no sign of going soft. Willie Walsh has built his reputation on his refusal to give ground to unions and a willingness to wield the axe at former state-owned airlines, convinced it's the only way to stay competitive in an era when budget...

  • Seagate tops Street 2Q forecasts Friday, 29 Jan 2016 | 8:09 AM ET

    DUBLIN _ Seagate Technology PLC on Friday reported fiscal second-quarter net income of $165 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share. Seagate shares have declined 27 percent since the beginning of the year, while the Standard& Poor's 500 index has declined slightly more than 7...

  • Tyco beats Street 1Q forecasts Friday, 29 Jan 2016 | 6:15 AM ET

    CORK, Ireland _ Tyco International Ltd. on Friday reported fiscal first-quarter net income of $76 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. Four analysts surveyed by Zacks expected $2.33 billion.

  • *ECB put Ireland under "undue pressure" to enter bailout. DUBLIN, Jan 27- Failures in banking, regulation and government policy directly caused Ireland's costly banking crisis and Europe's response made it worse, a parliamentary inquiry into the 2008 crash concluded on Wednesday. The banking crisis pushed Ireland into a three-year sovereign bailout in 2010...

  • DUBLIN, Jan 27- Andrew Bailey, the incoming head of Britain's Financial Conduct Authority, promised on Wednesday to listen carefully to the industry when he starts later this year as the regulatory tone towards banks softens. Bailey, a deputy governor at the Bank of England where he heads its Prudential Regulation Authority banking supervision department,...

  • BoE's Bailey wants clarity from fund managers on assets Wednesday, 27 Jan 2016 | 4:40 AM ET

    LONDON, Jan 27- Fund managers must give investors clarity on the quality of assets they hold and how these are likely to behave in stressed markets, Bank of England Deputy Governor Andrew Bailey said on Wednesday. Bailey, who heads the BoE's Prudential Regulation Authority, which supervises banks, said shrinkage in banking balance sheets and corresponding...

  • Hurdles remain as Iran seeks aviation investment Tuesday, 26 Jan 2016 | 8:39 AM ET

    *Iran urges US to smooth implementation of sanctions accord. TEHRAN, Jan 26- Iran courted Western aviation firms this week with a blueprint of regulatory reforms aimed at setting aside 40 years of sanctions and rebuilding its airways with new jets. "We are seeing massive opportunities in Iran," said Peter Harbison, chairman of the Centre for Aviation, an Australian...