Eaton (ETN) Tops Q4 EPS by 3c, Revenues Beat; Offers FY19 EPS Guidance

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Go back to Eaton (ETN) Tops Q4 EPS by 3c, Revenues Beat; Offers FY19 EPS Guidance

Eaton Corporation (ETN) PT Raised to $74 at RBC Capital

February 1, 2019 6:41 AM EST

RBC Capital analyst Deane Dray raised the price target on Eaton Corporation (NYSE: ETN) to $74.00 (from $73.00) while maintaining a Sector Perform rating.

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Eaton (ETN) Acquires 82.275% Controlling Interest in Ulusoy Elektrik for $214M in Cash

February 1, 2019 5:37 AM EST

Power management company Eaton (NYSE: ETN) has reached a definitive agreement to acquire an 82.275 percent controlling interest in Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S. (ULUSE), a leading manufacturer of switchgear based in Ankara, Turkey, with a primary focus on medium voltage solutions for industrial and utility customers. The purchase price for the shares is approximately $214 million on a... More