Innovate M News

Diversified industrial manufacturer Eaton has entered into an agreement with Sadara Chemical Company , a joint venture between Saudi Aramco and The Dow Chemical Company, to supply motor control, power distribution solutions and engineering services.

An investigation on behalf of investors, who continuously held NYSE:ETN shares for several years, was announced concerning whether certain Eaton officers and directors possibly breached their fiduciary duties in connection with certain statements.

In a report published Monday, Deutsche Bank analyst John G. Inch initiated coverage on Eaton with a Buy rating and $81.00 price target.

The Golden State reported 510 power outages in 2012 with a total duration of almost 12 days affecting more than 1.4 million people, according to the Blackout Tracker put out by the Eaton Corp. , a Charlotte, N.C.-based company that manages power.

Eaton Corp. has received a $2.4 million grant from the U.S. Department of Energy for a two-year project at the company's Menomonee Falls plant to improve light-emitting diodes technology.

This is the first full week of operations at Portland General Electric's just-completed $23 million Smart Power Center - an 8,000-square-foot facility in Salem, Ore., where researchers will test energy storage, dispatchable standby generation, remotely operated power line switches, demand response, distributed renewable energy integration, and ... (more)

The Eaton electrical division's headquarters are based in Pittsburgh. The company said the project was an 8,000-square-foot, 5 megawatt Salem Smart Power Center with Portland General Electric in Salem, Ore.

"Eaton Corporation has been reiterated by TheStreet Ratings as a buy with a ratings score of A. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, good cash flow from operations and increase in net income.

's stock had its "outperform" rating reaffirmed by Oppenheimer in a research note issued on Wednesday, Stock Ratings Network reports.

's stock had its "equal weight" rating restated by equities research analysts at Morgan Stanley in a research note issued to investors on Tuesday, AnalystRatingsNetwork.com reports.

's stock had its "overweight" rating restated by analysts at JPMorgan Chase in a research report issued to clients and investors on Friday, AnalystRatingsNetwork reports.