Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Eaton Shifts Gears, Chooses to Sell Lighting [The Motley Fool]

Eaton Corporation, PLC Ordinary Shares (ETN) 
Last eaton corporation, plc ordinary shares earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: The Motley Fool
Eaton Shifts Gears, Chooses to Sell Lighting Eaton was going to spin off its lighting business, but now it's selling it. That's a win for shareholders who prefer to keep things simple. In late 2012 Eaton ( NYSE:ETN ) completed the acquisition of Cooper Industries, its biggest purchase ever. While it worked to absorb those businesses into its own, it largely stepped back from the bargaining table. However, with the integration process now complete, Eaton has been getting more active on the acquisition and divestiture front . The biggest move was the announcement that it would spin off its lighting business. But the company just shifted gears, agreeing to sell the division, in a move that should be very good for shareholders. Here's why. Eaton is an industrial conglomerate. Its business spans across electrical, aviation, vehicle, and hydraulic products. The over-100-year-old company's history is filled with acquisitions and divestitures as it hones its portfolio to best meet the market Show less Read more
Impact Snapshot
Event Time:
ETN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ETN alerts
Opt-in for
ETN alerts

from News Quantified
Opt-in for
ETN alerts

from News Quantified