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Eaton Corporation plc - ETN STOCK NEWS

Welcome to our dedicated news page for Eaton Corporation plc (Ticker: ETN), a resource for investors and traders seeking the latest updates and insights on Eaton Corporation plc.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Eaton Corporation plc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Eaton Corporation plc's position in the market.

Rhea-AI Summary
Eaton, a leading intelligent power management company, will announce its first quarter 2024 earnings on April 30, 2024. The company will host a conference call to discuss the results with analysts and investors. Eaton focuses on environmental protection and enhancing the quality of life through various market segments. With revenues of $23.2 billion in 2023, Eaton aims to drive the transition to renewable energy sources and sustainable power management solutions.
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Eaton completes a groundbreaking clean energy project in Puerto Rico, creating the largest clean energy microgrid in the region. The project at its Arecibo facility reduces energy consumption by 45%, cuts emissions by 7,100 metric tons annually, and lowers costs by nearly 20%. The microgrid generates nearly 10 gigawatt-hours of renewable energy annually, incorporating solar PV, battery storage, and onsite generators. The initiative aligns with Puerto Rico's energy transformation goals and Eaton's broader sustainability targets, aiming for a 50% reduction in carbon emissions by 2030.
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Eaton and Enel North America collaborate to create the largest clean energy microgrid in Puerto Rico at Eaton's Arecibo facility. The project drives a 45% reduction in energy consumption, cuts emissions by 7,100 metric tons annually, and reduces costs by nearly 20%. The microgrid system incorporates 5 MWac solar PV, 1.1 MW of battery storage, and existing onsite generators, showcasing Eaton's commitment to sustainability and energy resilience.
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Eaton's President, Karina Rigby, highlights the crucial role of data centers in enabling a sustainable future amidst the push for net zero emissions. Despite their eco-unfriendly reputation, data centers are poised to drive economic growth and support the green revolution.
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Eaton introduces an advanced oxygen sensor for Boeing 737 NG / 737 MAX, approved by the FAA, offering increased accuracy and an extended warranty. The replacement sensor aims to enhance aircraft performance, reliability, and cost savings.
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Eaton, an intelligent power management company, has been recognized as one of the 2024 World’s Most Ethical Companies by Ethisphere for its best-in-class ethics, compliance, and governance practices. With only 136 companies honored globally, Eaton stands out for its commitment to integrity and values.
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Eaton (ETN) declares a quarterly dividend of $0.94 per share, a 9% increase from the previous quarter, payable on March 29, 2024. The company has a long history of paying dividends since 1923 and focuses on intelligent power management solutions for various markets. Eaton aims to drive the transition to renewable energy sources and sustainable power management practices.
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Eaton, an intelligent power management company, has been recognized by CDP for its environmental transparency efforts, maintaining an A- rating in the climate category for the fifth consecutive year. The company's commitment to sustainability and environmental stewardship is highlighted through its participation in CDP's disclosure practices, showcasing its dedication to addressing critical climate issues.
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Eaton, an intelligent power management company, is opening a new assembly plant in Santiago de los Caballeros, Dominican Republic, to meet increasing demand for its fuses. The project aims to boost supplies of Bussmann series fuses critical for electric vehicles, renewable energy, data centers, and industrial applications. Eaton's investment in North American manufacturing has reached nearly $750 million. The company plans to create 300 manufacturing jobs at the new facility, reflecting its commitment to sustainable energy solutions and technological advancements.
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Eaton earns Leadership Level designation from CDP for the fifth consecutive year, maintaining A- rating in climate category. The company continues to excel in environmental transparency and commitment to addressing critical climate issues.
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Eaton Corporation plc

NYSE:ETN

ETN Rankings

ETN Stock Data

127.37B
397.60M
0.2%
85.99%
0.91%
Other Commercial and Service Industry Machinery Manufacturing
Manufacturing
Link
United States
Cleveland

About ETN

Eaton Corporation plc is an American-Irish multinational power management company with 2022 sales of $20.75 billion, founded in the United States with global headquarters in Dublin, Ireland, and a secondary administrative center in Beachwood, Ohio.