Ingersoll-Rand Co., the maker of Bobcat machinery and Thermo-King refrigerated trucks, said first- quarter profit fell 14 percent on slower sales of equipment used in housing construction.
Net income dropped to $217.5 million, or 70 cents a share, from $253.2 million, or 76 cents, a year earlier. Profit beat analysts’ estimates. Sales rose 5.7 percent to [...]

Shares of ServiceMaster Co. posted their biggest percentage gain in more than 21 years Tuesday after the nation’s largest provider of lawn-care and landscaping services said it might be for sale.
ServiceMaster stock climbed $1.25, or 10.5 percent, to $13.15, on the New York Stock Exchange, the stock’s largest advance since July 1985.
The Downers Grove-based [...]

Analog Devices, Inc. (NYSE: ADI - News), a global leader in high-performance semiconductors for signal processing applications, today announced ADIsimPLL Version 3.0, a new generation of its successful phase-locked loop (PLL) circuit design and evaluation tool, as well as two new PLL synthesizers delivering industry-leading performance for the upconversion and downconversion of RF signals in [...]