Rockwell Automation to reverse salary cuts, restore 401 (k) match for U.S. employees in November

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Rockwell Automation Inc. said Thursday it will reverse salary cuts and restore 401 (k) matches for its U.S. employees in November, after implementing cost cuts in April because of the coronavirus pandemic. The company, which makes automation products for factories and industrial settings, said it expects to announce fourth-quarter results on Nov. 10. Shares were not active premarket, but have gained 20% in the year to date, while the S&P 500 has gained 85.
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