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Rockwell Q2 operations net income soars, shares plunge

Income from continuing operations at Milwaukee-based Rockwell Automation Inc. for the quarter ended March 31 rose to $142.5 million, a 90 percent leap from the $74.9 million the company earned the same quarter of 2004.

Profit for the second quarter of 2005, including discontinued operations, was an even $150 million, compared to $78.3 million a year ago.

Despite that, Rockwell sh......

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Source:wistechnology.com By WTN News 04/27/05


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