News Breaks
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| 08:19 EDT |  | ETN |
| theflyonthewall.com: | After cutbacks, Eaton thinks growth, WSJ reports | | Reacting early to the recession with a series of employee cutbacks, Eaton Corp. (ETN) CEO Alexander "Sandy" Cutler, is now positioned to grow the company and is looking oversees for opportunities, reports the Wall Street Journal. In an interview, Cutler said: "...we're 55% outside of the U.S. and we're 45% in the U.S. Twenty-two percent of our revenue now comes from developing nations. Seventy-six percent of the world GDP is outside the U.S. So if you're really going to sell into all the regions of the world and take full advantage of the economic growth there, you've got to have an increasingly global balance..." Reference Link :theflyonthewall.com |
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