New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 23, 2014
08:01 EDTETN, MTOREaton, Meritor announce settlement of litigation
Power management company Eaton (ETN) announced it has signed a settlement agreement with ZF Meritor LLC, a joint venture between a Meritor (MTOR) subsidiary and ZF Friedrichshafen AG, and Meritor Transmission Corporation that completely resolves the antitrust lawsuit pending in the United States District Court, District of Delaware. The parties have agreed that Eaton will pay ZF Meritor LLC $500M as part of the settlement.
News For ETN;MTOR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 3, 2016
08:04 EDTMTORMeritor cuts FY16 adjusted EPS to $1.65-$1.75 from $1.70-$1.80, consensus $1.72
Subscribe for More Information
08:03 EDTMTORMeritor reports Q1 Commercial Truck & Industrial sales $633M
Subscribe for More Information
08:02 EDTMTORMeritor reports Q1 adjusted EPS 33c, consensus 37c
Reports Q1 revenue $809M, consensus $845.94M. The decrease in sales was driven by the effect of foreign exchange translation in Europe and Brazil and weak economic conditions in South America.
06:41 EDTETNEaton reports Q4 Electrical Products sales $1.7B
Subscribe for More Information
06:40 EDTETNEaton increases three-year restructuring program to $400M
The company announced that it increased its three-year restructuring program, bringing the 2015 through 2017 program to a total cost of $400M, with mature year savings estimated at approximately a similar amount. Expects to continue to deploy the bulk of excess funds to share repurchases, resulting in anticipated repurchases totaling approximately $3B from 2015 through 2018.
06:39 EDTETNEaton sees FY16 operating EPS $4.15-$4.45, consensus $4.24
Subscribe for More Information
06:38 EDTETNEaton sees Q1 operating EPS 80c-90c, consensus 92c
Subscribe for More Information
06:37 EDTETNEaton sees FY16 organic revenue to decline 2%-4%
Subscribe for More Information
06:37 EDTETNEaton reports Q4 organic sales down 4%
06:33 EDTETNEaton reports Q4 operating EPS $1.17, consensus $1.10
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use