Reklāma
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.
read more
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
|
437 days ago
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.
RTTNews
|
884 days ago
UK Economy Contracts For Second Straight Month
The UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in meeting her self-imposed borrowing rules. Gross domestic product fell unexpectedly by 0.1 percent in May, following a 0.3 percent drop in April, data from the Office for National Statistics revealed on Friday.
RTTNews
|
10 minutes ago
CAC 40 Down More Than 1% As Trade War Concerns Hurt Sentiment
French stocks are notably lower on Friday, weighed down by losses in automobile and luxury sectors. The mood in the market is a bit bearish, in line with other major markets in Europe, amid renewed worries about tariffs.
RTTNews
|
17 minutes ago
Sensex, Nifty Decline On Tariff Worries, Weak TCS Earnings; HUL Shares Rally After CEO Change
Indian shares fell notably on Friday, with weaker-than-expected Q1 earnings from TCS and escalating global trade tensions weighing on investor sentiment.
RTTNews
|
39 minutes ago
DAX Down Sharply As Stocks Tumble On Tariff Concerns
German stocks are down sharply on Friday as trade war concerns hurt sentiment following U.S. President Donald Trump imposing a 35% tariff on Canadian imports, effective August 1.
RTTNews
|
40 minutes ago
Walmart Recalls 850K Ozark Trail Water Bottles
Retain giant Walmart Inc. is recalling about 850,000 Ozark Trail 64 oz Stainless Steel Insulated Water Bottles as the lid can suddenly pop off with force, causing injury, according to the U.S. Consumer Product Safety Commission. The recall includes Water Bottles sold under model number 83-662. These silver stainless-steel bottles feature a black one-piece screw-on lid.
RTTNews
|
53 minutes ago
European Shares Decline As Tariff Worries Return To Haunt
European stocks fell on Friday after U.S. President Donald Trump announced a 35 percent tariff on Canadian imports, starting Aug. 1, in a dramatic escalation of a trade war with the United States' closest ally over the country's alleged role in fentanyl flows.
RTTNews
|
1h 59min ago
