News: Eaton Corporation PLC (ETN)


ETN on New York Consolidated

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19 Jun 2013
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Mon, Jun 10 2013

Market Chatter-Corporate finance press digest

June 11 - The following corporate finance-related stories were reported by media on Tuesday:

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Justices decline to hear Eaton Corp antitrust case

WASHINGTON - The Supreme Court on Monday left intact a jury verdict against electrical and hydraulic systems maker Eaton Corp Plc by declining to hear the company's appeal of antitrust claims made by a rival over the sale of heavy-truck transmissions.

UPDATE 2-U.S. justices decline to hear Eaton Corp antitrust case

WASHINGTON, April 29 - The U.S. Supreme Court on Monday left intact a jury verdict against electrical and hydraulic systems maker Eaton Corp Plc by declining to hear the company's appeal of antitrust claims made by a rival over the sale of heavy-truck transmissions.

Cooper buy boosts Eaton Corp results

- Electrical and hydraulic systems maker Eaton Corp reported a better-than-expected 28 percent rise in operating profit as its acquisition of Cooper Industries last year gave a jolt to its electrical business.

UPDATE 3-Cooper buy boosts Eaton Corp results

* First-quarter operating earnings $0.84/share vs est $0.79

U.S. justices decline to hear Eaton Corp antitrust case

WASHINGTON, April 29 - The U.S. Supreme Court on Monday declined to review antitrust claims that a rival brought against Eaton Corp Plc over its sales of heavy-truck transmissions.

Eaton Corp profit rises 22 percent

April 29 - U.S. manufacturer Eaton Corp reported a 22 percent rise in first-quarter profit, helped by strong sales in its electrical products business.

Eaton fourth-quarter profit falls, misses estimates

- U.S. manufacturer Eaton Corp said fourth-quarter net profit fell more than Wall Street expected, reflecting lower demand for its electrical and hydraulic systems used in cars, trucks and aircraft.

UPDATE 2-Eaton 4th-qtr profit falls, misses estimates

Feb 5 - U.S. manufacturer Eaton Corp said fourth-quarter net profit fell more than Wall Street expected, reflecting lower demand for its electrical and hydraulic systems used in cars, trucks and aircraft.

Eaton Corp profit falls on weak demand, deal costs

Feb 5 - U.S. manufacturer Eaton Corp said fourth-quarter net profit had fallen by about half, reflecting lower demand for its electrical and hydraulic systems used in cars, trucks and aircraft, as well as costs from its acquisition of Cooper Industries.

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