Eaton Guides Q1, FY23 Adj. EPS Well Below Estimates - Update

Eaton Boosts FY24 Outlook - Update

While reporting its financial results for the first quarter on Tuesday, power management company Eaton Corp plc (ETN) provided financial guidance for the second quarter and raised outlook for the full-year 2024.

RTTNews | 314 days ago

Eaton Completes Acquisition Of 49% Stake In Jiangsu Ryan Electrical

Intelligent power management company Eaton Corp. (ETN) announced Monday it has completed the acquisition of a 49% stake in Jiangsu Ryan Electrical Co. Ltd., a manufacturer of power distribution and sub-transmission transformers in China with revenues of approximately $100 million in 2022.

RTTNews | 686 days ago

Asian Shares Mostly Higher; China, Hong Kong Stocks Fall On Deflationary Woes

Asian stocks ended mostly higher on Monday despite lingering tariff worries, the threat of a U.S. recession and signs of deepening deflationary pressures in China.

RTTNews | 4h 15min ago

European Shares Seen Opening Up Despite US Growth Concerns

European stocks may open on a positive note Monday as investors bet on increased spending on infrastructure and defense in the region to beef up security and ensure that Ukraine will still be protected.

RTTNews | 7h 10min ago

U.S. Dollar Slides Amid U.S. Fed Rate Cut Prospects

The U.S. dollar weakened against other major currencies in the Asian session on Monday amid prospects of the U.S. Fed cutting interest rates earlier after a report showed employment in the U.S. increased by slightly less than expected in the month of February. However, concerns remain that the U.S. trade war may hurt global growth and worsen inflation.

RTTNews | 7h 58min ago

U.S. Dollar Slides Against Majors

The U.S. dollar weakened against other major currencies in the Asian session on Monday.

RTTNews | 8h 18min ago

Sensex, Nifty Tad Higher In Early Trade

Indian shares opened on a positive note Monday despite mixed cues from global markets.

RTTNews | 8h 33min ago

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid prospects of the US Fed cutting interest rates earlier after a report showed employment in the U.S. increased by slightly less than expected in the month of February. However, concerns remain that the U.S. trade war may hurt global growth and worsen inflation.

RTTNews | 9h 21min ago

EURUSD	1.08171	GBPUSD	1.28842	AUDUSD	0.63155
USDJPY	147.239	USDCAD	1.43786	USDCHF	0.87858

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Eaton Guides Q1, FY23 Adj. EPS Well Below Estimates - Update