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Eaton Corp PLC

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  • April 29- As his company gets closer to telling shareholders its plan for allocating cash, Eaton Corp Chief Executive Alexander Cutler said on Wednesday a recent call by a prominent asset manager to think long-term represented a "healthy voice." BlackRock Inc Chief Executive Officer Larry Fink earlier this month sent a letter to CEOs of the Standard& Poor's 500...

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  • UPDATE 1-Eaton cuts 2015 forecast, cites strong dollar Wednesday, 29 Apr 2015 | 7:30 AM ET

    April 29- Eaton Corp Plc, a maker of electrical and hydraulic systems, cut its full-year profit and organic revenue growth forecast, blaming a strong dollar. Eaton forecast 2015 operating earnings of $4.65- $4.95 per share, down from its previous forecast of $4.75- $5.05 per share. Eaton's net income attributable to shareholders rose to $466 million in the quarter,...

  • Eaton revenue falls 5 pct, cuts 2015 forecast Wednesday, 29 Apr 2015 | 6:48 AM ET

    April 29- Eaton Corp Plc, a maker of electrical and hydraulic systems, reported a 5 percent drop in quarterly revenue, hurt by a decline in sales in its electrical business. The company also cut its 2015 profit and organic revenue growth forecasts. Eaton's net income attributable to shareholders rose to $466 million, or 99 cents per share, in the first quarter ended...

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  • Feb 3- U.S. diversified manufacturer Eaton Corp Plc posted higher-than-expected quarterly profit on Tuesday helped by higher margins, sending its shares up more than 8 percent. Eaton's fourth-quarter net profit attributable to shareholders leapt 21 percent to $581 million, or $1.23 a share, from a year earlier. Excluding items, operating earnings of $1.27 per...

  • Feb 3- Eaton Corp Plc, a maker of electrical and hydraulics systems, said Tuesday lower costs helped its quarterly profit beat estimates, sending its shares up 8 percent in morning trading. Net profit attributable to shareholders leapt 21 percent to $581 million, or $1.23 a share, from a year earlier. Excluding items, operating earnings of $1.27 per share topped...

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  • UPDATE 1-Eaton profit rises 21 pct on lower costs Tuesday, 3 Feb 2015 | 7:09 AM ET

    Feb 3- Eaton Corp Plc, a maker of electrical and hydraulics systems, reported a 21 percent rise in quarterly profit, helped by lower costs. Lower costs have held up Eaton's profitability in the past two quarters as sales were hit by weak demand in markets outside North America as well as a stronger dollar, which has risen about 19 percent since July against a basket of...

  • Eaton profit rises 21 pct on lower costs Tuesday, 3 Feb 2015 | 6:42 AM ET

    Feb 3- Eaton Corp Plc, a maker of electrical and hydraulics systems, reported a 21 percent rise in quarterly profit, helped by lower costs. Net profit attributable to shareholders rose to $581 million, or $1.23 per share, in the fourth quarter ended Dec. 31 from $479 million, or $1.00 per share, a year earlier. Revenue rose 0.7 percent to $5.57 billion.

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