(Reuters) - Eaton Corp's purchase of electrical equipment maker Cooper Industries means another U.S. company will soon leave the United States in favor of relocating its headquarters to a foreign country with sharply lower taxes.
(Reuters) - Eaton Corp's purchase of electrical equipment maker Cooper Industries means another U.S. company will soon leave the United States in favor of relocating its headquarters to a foreign country with sharply lower taxes.
Monday, 21 May 2012 | Source: The Associated Press
Eaton Corp. has agreed to purchase Cooper Industries PLC in a cash-and-stock deal valued at about $11.46 billion that is designed to expand its reach in the global electrical power and distribution industry.
(Reuters) - Electrical and electronics maker Hubbell Inc's <HUBb.N> competitiveness is not threatened by two large takeovers in its sector, the company's chief executive said on Monday.
(Reuters) - Diversified industrial manufacturer Eaton Corp <ETN.N> struck a deal to buy electrical equipment maker Cooper Industries Plc <CBE.N> for $11.8 billion in cash and stock and said it would shift its incorporation to Ireland to save on taxes.
(Reuters) - Diversified industrial manufacturer Eaton Corp <ETN.N> agreed to buy electrical equipment maker Cooper Industries Plc <CBE.N> for $11.8 billion in cash and stock, its biggest-ever acquisition, a move that will lower Eaton's taxes by shifting its incorporation to Ireland.
(Reuters) - Diversified industrial manufacturer Eaton Corp <ETN.N> agreed to buy electrical equipment maker Cooper Industries Plc <CBE.N> for $11.8 billion in cash and stock, its biggest-ever acquisition, a move that will lower Eton's taxes by shifting its incorporation to Ireland.
(Reuters) - Diversified industrial manufacturer Eaton Corp <ETN.N> struck a deal to buy electrical equipment maker Cooper Industries <CBE.N> for $11.8 billion in cash and stock, paying a 29 percent premium to broaden its services to the electrical industry.
(Reuters) - Diversified industrial manufacturer Eaton Corp <ETN.N> struck a deal to buy electrical equipment maker Cooper Industries <CBE.N> for $11.8 billion in cash and stock, paying a 29 percent premium to broaden its services to the electrical industry.
Monday, 21 May 2012 | Posted By:
| Source: CNBC.com
Stocks ended near highs Monday to post their best trading session in May, with the Dow and S&P 500 snapping a six-day losing streak and the Nasdaq posting its best one-day percentage gain this year, as investors snapped up beaten-down stocks.
(Reuters) - Diversified industrial manufacturer Eaton Corp <ETN.N> said it will buy electrical equipment maker Cooper Industries <CBE.N> for $11.8 billion in cash and stock.
US Stock index futures pointed to a rebound on Wall Street on Monday following a sloppy debut by Facebook on Friday that spoiled hopes for a spectacular open for the company that would brighten the mood in what has been a gloomy month for equity markets.
Jim Cramer’s researcher, Nicole Urken, takes a look at why you always have to ask questions on names that are overly loved…and to remember that analyst research should remain merely one tool in framing your picks.... Read More