Eaton (ETN)

Eaton Corp. reported a 39% drop in third-quarter profit, as cost cuts failed to offset the impact of the auto-industry slump.
But the maker of electrical systems and hydraulics boosted its full-year earnings view, as the results topped its target. The company had slashed its 2009 projection in July.

Oct 19 · 9:36:00 AM · Source: Wall Street Journal
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by Larry Etter