$1 Billion Not Enough for Eaton's (ETN) Auto Parts Unit, Says Analyst

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Eaton (ETN) CEO Cutler: We're Not Selling Our Auto Parts Unit

June 12, 2013 3:57 PM EDT

Eaton (NYSE: ETN) shares are lower Wednesday following a pop earlier in the week on chatter it might sell its auto parts business.

According to CEO Alex Cutler, speaking at a Deutsche Bank conference, the company has no plans to... More