Stocks Cooper Industries PLC

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  • Oct 26- Shareholders of electrical products makers Cooper Industries Plc and Eaton Corp approved the two companies' $11.8 billion merger on Friday, the companies said. Cooper Industries said 68 percent of its total outstanding shares were voted at a shareholder meeting, out of which 99.45 percent were in favor of the merger.

  • NEW YORK-- Cooper Industries' third-quarter profit rose 18 percent with the electrical component seeing greater demand from industrial and oil and gas markets. The company, which is being acquired by Eaton Corp., earned $188.4 million, or $1.16 per share, up from $160.2 million, or 98 cents per share, in the same quarter last year.

  • WASHINGTON-- Industrial and medical equipment maker Danaher's third-quarter net income rose 5 percent from year-ago results that were depressed by a loss on early debt retirement. Danaher Corp. earned $548.7 million, or 77 cents per share, for the period ended Sept. 28.

  • CLEVELAND-- Diversified manufacturer Eaton Corp. said Tuesday that three major independent proxy advisory firms have recommended that Eaton shareholders vote in favor of the company's pending acquisition of Cooper Industries plc.

  • Bain Capital headquarters, Bostonb Mass.

    Danaher Corp. and Cooper Industries said Wednesday that they will sell a tool-making business they created two years ago as a joint venture for about $1.6 billion to private equity firm Bain Capital.

  • Oct 10- Danaher Corp and Cooper Industries will sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion, joining a growing group of U.S. conglomerates that is divesting its non-core assets.

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  • Oct 10- Danaher Corp and Cooper Industries agreed to sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion, joining the growing trend among U.S. conglomerates to shed non-core assets.

  • Oct 10- Danaher Corp and Cooper Industries said they will sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion. Danaher and Cooper each own a 50 percent stake in Apex, which makes Crescent wrenches, Lufkin measuring tapes and hand tools for Sears Holdings Corp's Craftsman brand.

  • Danaher Corp. and Cooper Industries said Wednesday that they will sell a tool making business they created two years ago as a joint venture for about $1.6 billion to private equity firm Bain Capital.

  • Oct 10- Danaher Corp and Cooper Industries said they will sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion. Danaher and Cooper each own a 50 percent stake in Apex, which makes Crescent wrenches, Lufkin measuring tapes and hand tools for Sears Holdings Corp's Craftsman brand.

  • Oct 10- Danaher Corp and Cooper Industries said they will sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion.

  • *Credit Suisse cuts Cooper Industries to underperform from neutral.

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  • Faber Report: Eaton Acquiring Cooper

    CNBC's David Faber reports Eaton Corporation is buying Cooper Industries in a transaction valued at $11.8 billion.

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