(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) - Activist investor Nelson Peltz said his Trian Fund Management has picked up a stake of more than 7 percent in Ingersoll Rand Plc <IR.N> to push changes at the manufacturer of air conditioners and security systems.
Activist investor Nelson Peltz said his Trian Fund Management has picked up a more than 7 percent stake in industrial conglomerate Ingersoll Rand, lifting Ingersoll shares.
Large, multinational conglomerates considering a crash diet may want to think twice if they wish to reward shareholders: the argument that smaller is better is a little less persuasive these days.
Two titans of corporate America — General Electric and McDonald’s — report earnings Friday, and investors will focus on what they have to say about the global economy as U.S... Read More
The "buy American stocks" trade is gaining backers by the day as US economic indicators continue to show improvement and investors become less-focused on Europe.... Read More