Company: Eaton Corp

(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.

Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

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.

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.

Diversified industrial manufacturer Eaton Corp. said it will buy electrical equipment maker Cooper Industries for $11.8 billion in cash and stock.

(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.

The "Mad Money" host compiled a list of his favorite dividend-paying stocks. Read on to find out what they are.