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Stock Market & Financial Investment News

News Breaks
October 29, 2012
16:38 EDTETNEaton's pending acquisition of Cooper gets clearance from authorities
Diversified industrial manufacturer Eaton Corporation announced that its previously announced pending acquisition of Cooper Industries plc has received clearance from Russia's Federal Anti-Monopoly Service and the Competition Commission in South Africa. The pending acquisition has already been cleared by competition authorities in the United States, Brazil, Canada, Mexico, South Korea and Turkey, and all necessary approvals of the shareholders of Eaton and Cooper have been obtained. The transaction remains subject to customary closing conditions, including certain additional regulatory clearances.
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June 12, 2013
07:25 EDTETNDeutsche Bank to host a conference
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June 10, 2013
13:27 EDTETNEaton initiated with a Buy at Deutsche Bank (pre-open)
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13:26 EDTETNWells Fargo skeptical about report of Eaton unit sale
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11:44 EDTETNEaton weighing sale of unit valued at $1B, Bloomberg says
Eaton is looking deeper into a sale of its auto-parts unit, valued at $1B, according to Bloomberg, citing two people with knowledge of the situation. The sources said that Eaton expects the business unit to attract potential bidders due to the increase of car sales and its growth potential. Reference Link
11:07 EDTETNEaton weighing sale of auto-parts unit, Bloomberg says
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