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Last updated on April 16, 2014 at 8:29 EDT

Today’s Technical View: Ingersoll-Rand, Dresser-Rand, SPX Corp., and Gardner Denver

June 21, 2013

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

LONDON, June 21, 2013 /PRNewswire/ –

Shares in diversified machinery makers ended mostly lower yesterday, tracking losses
in the broader market which dropped sharply after comments from U.S. Federal Reserve
Chairman Ben Bernanke on the central bank’s bond buying program. The major movers included
Ingersoll-Rand Plc (NYSE: IR), Dresser-Rand Group Inc. (NYSE: DRC), SPX Corporation (NYSE:
SPW), and Gardner Denver Inc. (NYSE: GDI). All these companies are tracked by
AAAResearchReports.com. Free in-depth technical analysis on IR, DRC, SPW, and GDI are
currently available upon sign up at

http://www.aaaresearchreports.com/register

Shares in Ingersoll-Rand Plc moved lower on Thursday, tracking losses in the broader
market. The company’s shares traded between $54.93 and $56.34 before finishing the day at
$55.07, down 2.65%. A total of 2.25 million shares were traded, which is above the daily
average volume of 1.89 million. However, despite the sharp decline yesterday, shares of
Ingersoll-Rand are still trading close to their 52-week high of $58.92. In the last three
months, the stock has fallen by 2.48%. Sign up for free technical analysis on IR at:

http://www.AAAResearchReports.com/IR062113.pdf

Dresser-Rand Group Inc.’s stock slipped yesterday as the broader market tumbled. The
company’s shares ended the day 1.23% lower at $59.56 after oscillating between $58.33 and
$60.20. Shares in Dresser-Rand registered a trading volume of 730,654 shares that exceeded
their daily average volume of 579,535 shares. However, despite the pullback, the company’s
shares are still up 0.07% in the last three trading sessions. The stock is trading
slightly below its 50-day moving average. Download free report on DRC by registering at:

http://www.AAAResearchReports.com/DRC062113.pdf

Shares in SPX Corporation fell sharply on Thursday, extending their losses from
previous trading sessions. The company’s shares ended the day at $73.09, down 3.36%, after
fluctuating between $73.01 and $74.79. The stock recorded a total trading volume of
565,388 shares, which is above the daily average volume of 410,277. In the last three
trading sessions, the company’s shares have fallen more than 4%. Further, the stock has
decreased by 10.75% in the last three months, thus underperforming the S&P 500. The free
report on SPW can be downloaded by signing up now at:

http://www.AAAResearchReports.com/SPW062113.pdf

Gardner Denver Inc.’s stock ended 0.33% lower yesterday as the broader market
struggled. The company’s shares traded between $74.86 and $75.40 before ending the day at
$75.12 on a total of 1.18 million shares traded. The company’s shares have a daily average
volume of 424,112. Gardner Denver’s shares are currently trading near their 52-week high
of $76.57. In the last three months, the stock has risen by 0.11%, but it is still
underperforming the S&P 500. A free report on GDI can be accessed by registering at:

http://www.AAAResearchReports.com/GDI062113.pdf

—-

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SOURCE AAA Research Reports


Source: PR Newswire