Pentair Approves Plan to Split into Two Independent Companies
Separation expected to occur through a tax-free spin-off.
Separation expected to occur through a tax-free spin-off.
Company's profit of $3.7 million up from loss same quarter last year.
Decrease mainly the result of lower construction intentions for multi-family dwellings.
Manufacturers want more than just your sales force.
Profit increased 72.3 percent for the quarter.
Third straight month of declining optimism drops index to 104.5.
The company reported a loss of $43.2 million for the quarter.
Company reported a loss of $36 million for the quarter.
Profit increased to $9.8 million.
Profit increased 11.5 percent year-over-year.