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 | Pred 567 dňami

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 | Pred 939 dňami

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.

RTTNews | Pred 1 h 40 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.

RTTNews | Pred 2 h 8 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.

RTTNews | Pred 2 h 21 min