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StockPreacher.Com Issues Trading Outlook for Eaton Corp. -- ETN
Monday, July 27, 2009 8:09 AM


(Source: PrimeNewswire)trackingDALLAS, July 27, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring power management company Eaton Corp. (NYSE:ETN). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Eaton Corp. (NYSE:ETN) should be of particular interest to other comparable companies: ITT Corp. (NYSE:ITT), Johnson Controls Inc. (NYSE:JCI), Parker-Hannifin Corp. (NYSE:PH), Crane Co. (NYSE:CR), Magna International Inc. (NYSE:MGA) and ABB Ltd. (NYSE:ABB).

It is available at: http://www.stockpreacher.com/n/ETN

Eaton Corp. (ETN) operates as a power management company primarily in the United States, Canada, Europe, Latin America and the Asia Pacific. The Company provides electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics, and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. It also manufactures screw-in cartridge valves, custom-engineered hydraulic valves and manifold systems.

In the report, the analyst notes:

"The global economy is currently experiencing a period of substantial uncertainty. ETN's end markets have continued to decline in the first half of 2009. As of mid-July 2009, ETN anticipates its end markets will decline between 21% and 22% for all of 2009 as the recovery in the U.S. and Western European economies is expected to be delayed one quarter, with the recovery now more likely to begin in 2010. ...

"ETN took significant actions in 2008 to reduce the workforce in anticipation of the severe economic downturn, and in the first half of 2009 took further action. The reductions in 2008 and 2009 total approximately 15% of the full-time workforce. These actions resulted in the recognition of pretax charges for severance and pension and other postretirement benefits expense of $69 million in the second quarter of 2009 and $134 million in the first half of 2009."

To read the entire report visit: http://www.stockpreacher.com/n/ETN

StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com

StockPreacher.com Disclosure

StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.

This news release was distributed by GlobeNewswire, www.globenewswire.com

 CONTACT:  StockPreacher.com           Jeff Bishop           (469)-252-3505           press@beaconequity.com 

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