Eaton Guides Q1, FY23 Adj. EPS Well Below Estimates - Update

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.

RTTNews | 580 days ago

Eaton Completes Acquisition Of 49% Stake In Jiangsu Ryan Electrical

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.

RTTNews | 952 days ago

Crude Oil Soars Amid Rising Rate Cut Expectations, Ongoing Geopolitical Tensions

Crude oil surged on Monday as U.S. dollar index suffered pressure from rate-cut expectations. In addition, a brewing Latin American conflict after U.S. steps up action against Venezuela along with Ukraine's attacks on Russia last weekend that damaged a Russian oil terminal have heightened supply side concerns.

RTTNews | 2h 16min ago

Canadian Market Down On Weak Data; Tech Stocks Lose Ground

The Canadian market is notably lower Monday afternoon, weighed down by losses in technology, financials and communications sectors. The mood in the market is cautious with investors awaiting earnings from major Canadian banks and some crucial economic data from the U.S. this week.

RTTNews | 2h 59min ago

Swiss Market Ends Marginally Up

The Switzerland market closed marginally up on Monday after a choppy session as investors stayed a bit reluctant to make significant moves. Data showing an increase in Swiss retail sales aided sentiment a bit.

RTTNews | 3h 27min ago

Major European Markets Close Lower On Weak Data, Profit Taking

European stocks closed broadly lower on Monday, due largely to profit taking after recent gains, and data showing contraction in manufacturing activity in major European economies.

RTTNews | 3h 45min ago

U.S. Manufacturing Index Unexpectedly Edges Lower In November

The Institute for Supply Management released a report on Monday unexpectedly showing a modest decrease by its reading on U.S. manufacturing activity in the month of November. The ISM said its manufacturing PMI slipped to 48.2 in November from 48.7 in October, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 49.0.

RTTNews | 5h 33min ago

Bay Street Seen Opening With Negative Bias; Resources Stocks May Rise

Lower Canadian and U.S. futures suggest a weak start on Bay Street Monday morning, but firm oil and metal prices could trigger some buying in resources stocks and help limit market's downside. With the focus on upcoming earnings updates from major Canadian banks due this week, the mood is likely to remain a bit cautious.

RTTNews | 8h 23min ago

EURUSD	1.1609	GBPUSD	1.32112	AUDUSD	0.6542
USDJPY	155.519	USDCAD	1.39989	USDCHF	0.8047