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Eaton Corp.'s (ETN) first-quarter earnings rose 22% with the help of its Cooper Industries acquisition, but the company's base sales without the benefit of Cooper weakened from declining demand for hydraulic gear and commercial truck components.Eaton's profit topped analysts' profit estimate and the company affirmed its 2013 profit outlook from January. But the multi-industry conglomerate said weak economic conditions are weighing on several of its businesses, particularly in Europe. Chairman and Chief Executive Alexander Cutler predicted the company's results this year will be "far more dependent upon our execution, then global growth.""It was a slow start [to 2013] and what we would characterize as sluggish global markets," said Mr. Cutler during a conference call Monday with analysts.Eaton expects the end markets it competes in will have overall sales growth of 2% to 3% this year over 2012, with the actual growth rate closer to 2%.Eaton's first-quarter base or core sales, which do n...
Eaton Corp. (ETN) plans to acquire electrical equipment maker Cooper Industries PLC (CBE) in an $11.8 billion cash-and-stock deal that will expand Eaton's power mana...
Eaton (NYSE:ETN) said Monday it will buy electrical equipment supplier Cooper Industries (NYSE:CBE) for $11.8 billion to grow its power business and further expand i...
DOW JONES NEWSWIRESPaccar Inc.'s (PCAR) first-quarter earnings surged 69% as the heavy-duty truck maker posted sharply higher truck sales revenue in the U.S. and Can...
(This article was originally published Monday.)The U.S. commercial truck market should generate solid growth this year after truck makers align their production with...
Eaton Corp.'s (ETN) first-quarter income rose 8.4%, as higher profit from the company's electrical products business in the U.S. offset lower sales and profit from e...
Eaton Corp. (ETN) raised its 2012 earnings forecast after announcing the acquisition of a hose manufacturer in Turkey.The purchase of Polimer Kau�uk Sanayi ve Pazarl...
By Scott MaloneBOSTON (Reuters) - Memo to Washington from corporate America: unemployment is high, confidence is low and your bickering over the country's debt is th...
Eaton (NYSE:ETN) on Monday posted 49% growth in second-quarter profit that topped Wall Street estimates as sales across its main segments continued to widen, leading...
By Scott Malone and Nick ZieminskiBOSTON/NEW YORK (Reuters) - A pair of top U.S. manufacturers beat Wall Street's profit expectations, as a recovering global economy...
Eaton (NYSE:ETN) revealed on Wednesday a stronger-than-expected 85% improvement in first-quarter profit, led by stronger worldwide demand for electrical and hydrauli...
NEW YORK (Reuters) - Diversified U.S. manufacturer Eaton Corp <ETN.N> posted a higher-than-expected quarterly profit on Wednesday amid a recovery in auto and truck m...
Eaton (NYSE:ETN) chief executive Alexander “Sandy” Cutler saw a 50% salary increase last year on a much higher year-over-year bonus. The Cleveland-based maker of ele...
Driven by its monster acquisition of Cooper Industries, Eaton (NYSE:ETN) said Monday that its first-quarter sales and earnings skyrocketed to record levels, however ...
Eaton Corp. PLC. (ETN) reported Friday that Chairman and Chief Executive Alexander Cutler's 2012 compensation increased 50% as a result of an $11.4 million tax benef...
Eaton Corp. (ETN) on Tuesday forecast slightly lower production of heavy-duty commercial trucks this year in North America.Eaton, a major supplier of transmissions t...
Sharply lower demand from manufacturers for construction machinery and commercial trucks drove Eaton Corp.'s (ETN) fourth-quarter profit down 51%, increasing the pre...
Hurricane Sandy has caused tens of billions of dollars in damage up and down the U.S. East Coast, but the recovery and reconstruction spending that will follow could...
Eaton Corp.'s (ETN) second-quarter profit rose 14%, but revenue dropped as weakening demand from overseas markets caused the company to scale back its revenue and ea...
Eaton Corp.'s (ETN) second-quarter profit rose 14%, but revenue unexpectedly dropped as weakening demand from overseas markets caused the company to scale back its r...
