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Morning Research: Ingersoll-Rand, Gardner Denver, Dresser-Rand, and SPX Corp.

Morning Research: Ingersoll-Rand, Gardner Denver, Dresser-Rand, and SPX Corp.

PR Newswire

LONDON, July 25, 2013

LONDON, July 25, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

A report released on Wednesday, July 24, 2013, showed that manufacturing
activity in the U.S. expanded in July, exceeding analyst expectations. The
preliminary reading on Markit's U.S. manufacturing index for the month of July
came in at 53.20, up from 51.90 in the previous month. The encouraging
manufacturing data follows reports from the prior week which showed that
manufacturing activity in the New York and Philadelphia regions has expanded
more than forecast in July. The improvement in manufacturing activity augurs
well for diversified machinery makers such as Ingersoll-Rand Plc (NYSE: IR),
Gardner Devices Inc. (NYSE: GDI), Dresser-Rand Group Inc. (NYSE: DRC), and SPX
Corporation (NYSE: SPW). However, shares in diversified machinery makers ended
mostly lower on Wednesday, tracking losses in the broader market.
AAAResearchReports.com has released full comprehensive research on IR, GDI,
DRC, and SPW. These free technical analyses can be downloaded by signing up
at:

http://www.aaaresearchreports.com/register/ 

Shares in Ingersoll-Rand Plc edged lower on Wednesday, extending their losses
for the week. The company's shares fluctuated between $60.49 and $61.76 before
finishing the day 0.77% lower at $60.55. A total of 2.84 million shares were
traded which is above the daily average volume of 2.00 million.
Ingersoll-Rand's shares have fallen by 3.81% so far this week. Moreover, the
stock is currently trading near its 52-week high of $63.35. Download free
report on IR upon registration at:

http://www.AAAResearchReports.com/IR072513.pdf

Gardner Denver Inc.'s shares fluctuated between $75.94 and $75.96 before
finishing the day at $75.95, unchanged from its previous closing price. The
company's shares have gained 0.01% so far this week. The stock is currently
trading near its 52-week high of $76.57 and above its 50-day and 200-day
moving averages. GDI technical report can be accessed for free by signing up
at:

http://www.AAAResearchReports.com/GDI072513.pdf

Shares in Dresser-Rand Group Inc. fell sharply on Wednesday, extending their
losses for the week. The company's shares fluctuated between $63.24 and $65.42
before finishing the day 1.99% lower at $63.98. A total of 591,757 shares were
traded which is above the daily average volume of 546,472. Dresser-Rand's
shares have fallen by 4.05% so far this week. Furthermore, the stock is
currently trading near its 52-week high of $67.38. The free report on DRC can
be downloaded by signing up now at:

http://www.AAAResearchReports.com/DRC072513.pdf

SPX Corporation's stock slipped on Wednesday, tracking losses in the broader
market. The company's shares fluctuated between $74.72 and $75.76 before
closing the session 0.57% lower at $75.01. A total of 254,032 shares were
traded which is below the daily average volume of 416,124. SPX Corp.'s shares
have gained 5.28% in the last one month and 1.78% in the last three months. A
free report on SPW can be accessed by registering at:

http://www.AAAResearchReports.com/SPW072513.pdf

----

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SOURCE AAA Research Reports

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