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Eaton Completes Acquisition Of 49% Stake In Jiangsu Ryan Electrical
(RTTNews) - Intelligent power management company Eaton Corp. (ETN) announced Monday it has completed the acquisition of a 49% stake in Jiangsu Ryan Electrical Co. Ltd., a manufacturer of power distribution and sub-transmission transformers in China with revenues of approximately $100 million in 2022.
Jiangsu Ryan Electrical Co. Ltd. is located in Nantong, Jiangsu, China. The company is focused on dry-type transformers, a sizeable and growing market amid the rapidly expanding renewable energy base and increasing electricity consumption around the world.
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Eaton Boosts FY24 Outlook - Update
While reporting its financial results for the first quarter on Tuesday, power management company Eaton Corp plc (ETN) provided financial guidance for the second quarter and raised outlook for the full-year 2024.
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Před 567 dny
Eaton Guides Q1, FY23 Adj. EPS Well Below Estimates - Update
While reporting its financial results for the fourth quarter on Wednesday, power management company Eaton Corp plc (ETN) provided adjusted earnings guidance for the first quarter and full-year 2023, well below analysts' estimates.
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Před 1014 dny
FTSE 100 Down 1.25%; Bank, Miners Among Major Losers
The U.K. stock market's benchmark FTSE 100 is down sharply in negative territory on Tuesday, extending losses to a fourth straight session, with several counters across various sectors seeing a sell-off amid concerns about the outlook for global economy.
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Před 2 h 0 min
CAC 40 Extends Recent Losses As Stocks Tumble On Economic Worries
French stocks are down sharply in negative territory on Tuesday, extending recent losses, amid lingering worries about high tech valuations, and continued uncertainty about interest rate moves of the Federal Reserve.
The mood is extremely cautious with investors awaiting AI major Nvidia's updates due on Wednesday, and some crucial U.S. economic data for directional clues.
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Před 2 h 28 min
DAX Down More Than 1% Despite Paring Some Early Losses
German stock market's benchmark index DAX is sliding for a fourth straight session, falling more than 1% on Tuesday, amid rising concerns about high valuations of Artificial Intelligence-related stocks, and uncertainty surrounding the upcoming policy moves of the Federal Reserve due to a lack of some crucial macro economic data.
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Před 2 h 41 min
Indian Shares End Lower On Weak Global Cues
Indian shares closed lower on Tuesday, mirroring weak cues from global markets as investors braced for the delayed September U.S. jobs data and earnings from Nvidia.
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Před 3 h 27 min
European Shares Extend Losses On Economic Worries
European stocks hovered near one-week lows on Tuesday amid dwindling Fed rate-cut bets and uncertainty over the U.S. economic outlook.
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Před 4 h 47 min
Swiss Franc Rises Amid U.S.-Swiss Tariff Deal
The Swiss franc strengthened against other major currencies in the Asian session on Tuesday, after Switzerland negotiated a tariff agreement with the United States.
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Před 5 h 11 min
