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Rockwell Automation Inc (ROK.N)

ROK.N on New York Stock Exchange

194.07USD
18 Sep 2018
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$2.62 (+1.37%)
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Mon, Jun 11 2018

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Automation could thin Citigroup's investment banking unit jobs: FT

Citigroup Inc's investment banking business could shed as much as half of its 20,000 technology and operations staff in the next five years due to automation, the Financial Times reported on Monday.

Deals of the day-Mergers and acquisitions

June 11 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

Rockwell to take $1 billion stake in software maker PTC

Factory automation equipment maker Rockwell Automation said on Monday it would buy an 8.4 percent stake in PTC for $1 billion as it looks to build on its software capabilities to make smarter manufacturing processes for customers.

Rockwell Automation to make $1 bln investment in software maker PTC

June 11 U.S. factory automation equipment maker Rockwell Automation Inc said on Monday it would make a $1 billion equity investment in software maker PTC Inc.

BRIEF-Rockwell Automation Q2 Adj EPS $1.89

* ROCKWELL AUTOMATION REPORTS SECOND QUARTER 2018 RESULTS AND INCREASES DIVIDEND 10 PERCENT

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