Plenty of Wall Street watchers were worried about the Fed. "Mad Money" host Jim Cramer sets the record straight.» Read More
However, the company narrowed its full-year profit forecast to $4.55- $4.65 per share from $4.50- $4.70 per share earlier, citing slower growth outside North America. "Reflecting the continued slower growth in our markets outside North America, we now estimate our markets in 2014 are likely to grow 2 percent, down from our prior estimate of 3 percent," Chief...
Oct 29- Eaton Corp Plc, a maker of electrical and hydraulics systems, reported an 18 percent rise in quarterly profit, helped by higher sales at its electrical products business. The net profit attributable to shareholders rose to $602 million, or $1.26 per share, for the third quarter ended Sept. 30 from $510 million, or $1.07 cents per share, a year earlier.
Honeywell International's aerospace revenue beat some analysts' forecasts, while the division's profit margins improved. "The aerospace segment is the place to be in industrial," said Charlie Smith, chief investment officer of Fort Pitt Capital, which holds Honeywell and GE shares. Friday's results could bode well for other diverse manufacturers with...
The stock market is likely to see further declines, and the CNBC "Fast Money" traders explain how they're playing it.
NEW YORK, Oct 7- The trustee of Hubbell Inc's controlling family trusts is evaluating alternatives for their holdings, which could lead to a shakeup at the $7.2 billion U.S. electrical equipment maker, according to people familiar with the matter. The trustee, which oversees family trusts that control a significant portion of Hubbell's voting power, has tapped...
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Establishing a tax domicile abroad to avoid taxes is popular, but many US companies have failed to produce strong returns for investors.
WASHINGTON, August 18- Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such "inversion" deals have failed to produce above-average returns for investors, a Reuters analysis has found.
Eaton CEO Sandy Cutler charged recent declines in his company's stock was due to an obsession with inversion.
After the worst week in two years, stocks are vulnerable to a further selloff.
Global manufacturing companies contract ATS to take over servicing and repairing a plant’s equipment to optimize capacity and productivity.
One company reported a strong quarter and the other flopped—but CNBC's Jim Cramer thinks both stocks are a buy.
Several companies missed profit estimates today, bucking the trend. Here's what it means for the markets....
July 29- Eaton Corp tempered its full-year profit forecast on Tuesday due to weaker margins in its electrical systems business and dented some Wall Street hopes for a near-term spin-off of its vehicle business, sending its shares down 6 percent.
July 29- U.S. manufacturer Eaton Corp lowered the top end of its full-year profit forecast on Tuesday due to weaker margins in its electrical systems business, sending its shares down more than 3 percent. Eaton now expects 2014 earnings in a range of $4.50 to $4.70 per share, lowering the top end from $4.90.
Some of the names on the move ahead of the open.
July 29- Eaton Corp, a maker of electrical and hydraulic systems, reported a 3 percent rise in quarterly sales and said it recorded strong bookings in its electrical and aerospace businesses.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
The "Fast Money" traders share their final trades of the day.
Take a look at some of Monday's midday movers: FMC, Meritor, Micros Systems & more.