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UPDATE 1-Rockwell Automation revenue drops on strong dollar

2015-07-29 19:35:40| Industrial Machines - Topix.net

Rockwell Automation Inc, which makes automation systems that help factories run smoothly, reported a 4.5 percent fall in quarterly revenue, hurt by a strong dollar and slowing industrial production growth. Rockwell, which gets about 48 percent of its annual revenue from outside the United States, tightened its 2015 adjusted earnings forecast to $6.55-$6.70 per share, from $6.50-6.80.

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