|Bid||82.10 x 800|
|Ask||83.07 x 800|
|Day's Range||81.39 - 82.91|
|52 Week Range||64.46 - 89.07|
|Beta (3Y Monthly)||1.44|
|PE Ratio (TTM)||16.07|
|Earnings Date||Oct 29, 2019|
|Forward Dividend & Yield||2.84 (3.50%)|
|1y Target Est||88.62|
Eaton (ETN) finalizes the deal to sell its Lighting business for $1.4 billion to Signify and focus more on its core operations to increase shareholders' value.
A definitive agreement has been reached for the cash deal, worth an estimated $1.4 billion, which is subject to regulatory approvals and customary conditions.
Signify, the Dutch-based lighting company, said on Tuesday it has agreed to buy Cooper Lighting Solutions of the United States from Eaton Corp for $1.4 billion in cash. The acquisition is the largest by Signify, the former Philips Lighting, since it was spun off from Philips in 2016. Cooper Lighting Solutions is headquartered in Peachtree City, Georgia.
Power management company Eaton (ETN) today announced that it has entered into an agreement to sell its Lighting business to Signify N.V. (LIGHT.NX) for a cash purchase price of $1.4 billion. The decision to sell the Lighting business comes after completing a comprehensive review of various potential transaction alternatives to maximize shareholder value. Eaton's Lighting business is one of the world’s leading providers of LED lighting and control solutions.
Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]
Power management company Eaton (ETN) will announce third quarter 2019 earnings on Tuesday, October 29, 2019, before the opening of the New York Stock Exchange. The company will host a conference call at 11 a.m. Eastern time that day to discuss third quarter 2019 earnings results with securities analysts and institutional investors. The conference call will be available through a live webcast that can be accessed via the Eaton Third Quarter 2019 Earnings Results link on Eaton’s home page, which is www.eaton.com.
The big shareholder groups in Eaton Corporation plc (NYSE:ETN) have power over the company. Large companies usually...
The power management company's newest business appears to be off to a rough start, but a closer look reveals that eMobility is actually starting to gain some traction.
Eaton's (ETN) alliance with KPIT will enable it to benefit from the expanding pure battery electric vehicle market, which is expected to grow to 15 million by 2030.
Moody's Investors Service ("Moody's") has changed the outlook for Eaton Corporation and affiliated entities to positive from stable and affirmed all ratings, including Eaton's Baa1 senior unsecured debt rating. "The outlook change to positive reflects our belief that Eaton will continue to make progress towards margin improvement and leverage reduction, even as it undertakes portfolio changes while facing headwinds in certain of its markets," says David Berge, Moody's Senior Vice President and lead analyst for the company.
Industrial stocks—a winner in the market so far this year—could become an underperformer in coming months. A rising dollar could slow down growth in sales and cut into how much investors are willing to pay for the shares.
CLEVELAND , Aug. 6, 2019 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for ...