Tag: $Eaton Corporation PLC

Eaton Earnings Beat Estimates. Why the Stock Is Falling.

Electrical equipment maker Eaton delivered better-than-expected third-quarter earnings that landed with a thud. Shares were lower to start Tuesday trading.

Eaton beefs up data center segment with $9.5 billion Boyd Thermal deal

Eaton (ETN.N), will acquire Boyd Corporation’s thermal business from Goldman Sachs Asset Management for $9.5 billion, the fourth deal this year for the power management firm that’s seeking to bolster its data center segment to cater to AI demand surge.