Eaton Corp. announced that profits this year -- excluding costs to integrate acquisitions -- will be $3.70 to $4 a share, topping analysts' estimates of $3.60. Eaton reported fourth-quarter profit of $211 million, or $1.25 a share, because of lower costs and improving markets. "We anticipate that 2010 will prove to be a transitional year of growth between the depressed market conditions of 2009 and even better market conditions in 2011," CEO Sandy Cutler said.

Full Story:

Related Summaries