Rockwell Automation Inc, which makes systems that help factories run smoothly, reported a 1.56 percent rise in third-quarter revenue, helped by higher sales of its motion control and industrial safety products in the United States. The company's net income fell to $199.7 million, or $1.43 per share, in the third quarter ended June 30, from $203.7 million, or $1.45 per share, a year earlier.Excluding items, Rockwell earned $1.49 per share.Revenue rose to $1.65 billion from $1.62 billion a year earlier.The company narrowed its adjusted earnings forecast for 2014 to $6.10-$6.25 per share from $6.00-$6.35 per share.
Rockwell Automation, Inc. (Rockwell Automation) is a provider of industrial automation power, control and information solutions that help manufacturers achieve a competitive advantage for their businesses. Shares of ROK fell by 1.96% or $-2.4/share to $119.97. In the past year, the shares have traded as low as $93.47 and as high as $128.57. On average, 602205 shares of ROK exchange hands on a given day and today's volume is recorded at 1167222.
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