News: Eaton Corporation PLC (ETN)

ETN on New York Consolidated

77.38USD
24 Jul 2014
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Tue, Apr 29 2014

Eaton projects second-quarter profit below Street, shares fall

- Diversified manufacturer Eaton Corp on Tuesday forecast second-quarter profit below Wall Street's target, weighed down by restructuring costs.

UPDATE 2-Eaton projects 2nd-qtr profit below Street, shares fall

April 29 - Diversified manufacturer Eaton Corp on Tuesday forecast second-quarter profit below Wall Street's target, weighed down by restructuring costs.

Manufacturer Eaton's first-quarter profit tops estimate

- Diversified manufacturer Eaton Corp posted a rise in first-quarter profit that just topped analysts' estimates on Tuesday, helped by lower-than-expected costs, but forecast second-quarter earnings that appeared to lag Wall Street's target.

Manufacturer Eaton posts Q1 profit ahead of street view

April 29 - Eaton Corp, the diversified maker of electrical and hydraulic systems, posted a 16 percent rise in first-quarter net income on Tuesday, despite a negative impact from rough winter weather in North America.

UPDATE 2-Safran hit by defence equipment delays, U.S. weather

* French group still interested in Avio Spazio (Adds analyst, Boeing earnings, GE comparison)

Safran CEO sees strong civil market, declines comment on mandate

PARIS, April 23 - Safran expects "very solid" orders for engines and other equipment in 2014 amid robust activity in the commercial aircraft market, its chief executive said on Wednesday.

U.S. companies ramp up capex as confidence grows

NEW YORK - Earlier this month, Eaton Corp Plc made an announcement that captured little attention: the diversified manufacturer of heavy truck transmissions and residential circuit breakers said it would spend a record $700 million this year on tooling and machinery.

Eaton manufacturer profit margins disappoint, shares slide

- Diversified manufacturer Eaton Corp issued a forecast for 2014 just within analysts' estimates, but reported disappointing quarterly profit margins on Tuesday, sending shares down more than 3 percent.

UPDATE 3-Eaton manufacturer profit margins disappoint, shares slide

Feb 4 - Diversified manufacturer Eaton Corp issued a forecast for 2014 just within analysts' estimates, but reported disappointing quarterly profit margins on Tuesday, sending shares down more than 3 percent.

Eaton sales up 28 pct on higher demand for electrical products

Feb 4 - Diversified manufacturer Eaton Corp's fourth-quarter revenue rose 28 percent, helped by higher demand for electrical products and systems.

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