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Cooper Industries, Ltd.

  • Doing Things Right at Eaton

    By Renia Bula - February 13, 2013 | Tickers: CBE, ETN, F

    No, there’s no cause for alarm even as Eaton Corporation (NYSE: ETN), the Cleveland-based manufacturer of industrial products, reported an earnings decline in the 2012 fourth quarter to $179 million, or 46 cents per share, from the year-ago earnings of $362 million, or $1.07 per share. What weighed down Eaton in the October–December 2012 period is actually what will help keep it buoyant and rising into the more »

  • Billionaire Thomas Steyer’s New Stock Picks

    By Meena Krishnamsetty - November 29, 2012 | Tickers: CHKP, CBE, MCO, NXY, SHAW

    Billionaire Thomas Steyer serves as a managing member of Farallon Capital Management, one of the largest hedge funds in the world. Farallon’s fundamental analysis encompasses strategies including pure value, merger arbitrage, and event-driven investments. The fund recently filed its 13F for the third quarter of the year, and by comparing this filing to its second quarter filing, we can see which stocks Steyer and his team added to their more »

  • Illinois Tool Works Sold Low to Go High

    By Josef Ray Dagatan - November 28, 2012 | Tickers: CBE, GGG, ITW, MTW

    Strong demand for construction materials, welding equipment and restaurant supplies in North America contributed to Illinois Tool Works' (NYSE: ITW) higher-than-expected profit growth last quarter despite languid international markets. Financial analysts said the demand was further boosted when ITW marked down prices of its raw materials last month, leading to a significant increase in its sales throughout the United States. From $507 million in the same period of last year more »

  • Billionaire Tom Sandell's Stock Picks

    By Meena Krishnamsetty - November 15, 2012 | Tickers: CBE, DTG, ETN, SAP, TPCG

    Tom Sandell might just be the world's most under-appreciated billionaire. He doesn't have the name of a Buffett or Soros, but the manager of hedge fund Sandell Asset Management has amassed quite a fortune, as Forbes estimates Sandell's net worth is close to $1.1 billion. Officially the eleventh richest man in Sweden, the sheer size of Sandell's fund has shrunk over the years, and now more »

  • Is Illinois Tool Works a Good Stock to Buy?

    By Meena Krishnamsetty - October 2, 2012 | Tickers: CBE, CMI, DHR, ITW, MTW

    $28 billion industrial equipment and machinery company Illinois Tool Works Inc. (NYSE: ITW) is up 35% over the last year, and reported higher earnings in Q2 than a year ago. The company’s revenue was actually about flat in the second quarter, but management decisions brought income from continued operations up by 9% and this joined with strong earnings from discontinued operations (the sale of some of Illinois Tool Works more »

  • Why Does Robert Emil Zoellner Love These 5 Stocks?

    By Meena Krishnamsetty - September 27, 2012 | Tickers: ABC, ARBA, CBE, DUK, UTX

    Robert Emil Zoellner is the President and Chief Portfolio Officer at Alpine Associates Advisors. Zoellner graded from Lehigh University in 1954 with a Bachelor’s degree in electrical engineering, then served two years in the Air Force before beginning his career on Wall Street. Zoellner founded Alpine over 30 years ago.

    Alpine Associates, established in 1976, is a privately owned hedge fund sponsor. The New Jersey based investment firm uses more »

  • This Manufacturing Stock Could Pop

    By Sandeep Gupta - September 19, 2012 | Tickers: CBE, ETN, HON, ITT, PH

    Last month, Parker-Hannifin Corporation (NYSE: PH) announced a small divestiture. The company has agreed to sell the automotive air conditioning business to ContiTech AG of Germany. The divested business contributed approximately 1% of F12 revenue (14% of Climate and Industrial Controls segment revenue). I believe there is a further scope for such divestitures; in particular lower margin businesses. Looking forward, I see a number of levers that Parker Hannifin could more »

  • Don't Underestimate Eaton

    By Ashish Sharma - August 24, 2012 | Tickers: CBE, CMI, ETN, HON

    Last month, Eaton Corporation (NYSE: ETN) reported 2Q12 earnings which were below expectations given weakness in China and Europe, as well as FX headwinds.  Operating EPS was $1.15 vs. consensus estimates of $1.09. On a business unit basis, Electrical Americas offset softening in Electrical Rest of World and the Industrial businesses also showed some weakness.  I believe that investors should remain focused on the pending transformational Cooper Industries more »

  • Illinois Tool Works Looks to Get Lean and Mean

    By Douglas Ehrman - August 24, 2012 | Tickers: CBE, GE, ITW, MTW

    Under continuing pressure from shareholders – most notably activist investor Ralph Whitworth, manager of Relational Investors LLC – Illinois Tool Works Inc. (NYSE: ITW) has agreed to sell a 51% stake in its Decorative Surfaces segment. While the sale is not enough alone to bring the company to the truly lean and streamlined status that Mr. Whitworth seems to envision, it is a solid first step; other divestitures have been openly discussed more »

  • 4 High-Quality Dividend Stocks for Income Investors

    By Meena Krishnamsetty - August 4, 2012 | Tickers: CHRW, CBE, ETN, COL, UNP

    It is generally believed that high-quality stocks provide a cushion during market downturns. Standard and Poor’s has verified this belief in empirical research. Moreover, it has concluded that in volatile markets, high-quality stocks carry a decent premium relative to returns of lower-quality issuers. The same holds true during periods of widening credit spreads and steepening yield curves.

    Given the volatile nature of the markets today and the yield-starved environment more »

  • LED Lights the Way as This Stock Surges

    By Lee Samaha - July 6, 2012 | Tickers: AYI, CBE, CREE, HUB-A

    The doom and gloom merchants have certainly got hold of the market in certain sectors and few more so than the commercial property sector. Unfortunately for the bears when a shorted stock reports results that more or less confirm its current outlook than the result can be a brutal swing to the upside. This was the case with Acuity Brands (NYSE: AYI) recent results and there is a lesson that more »

  • The Fine Print on Eaton

    By David Talley - June 25, 2012 | Tickers: CBE, ETN

    On May 21, Eaton Corporation (NYSE: ETN) announced its plans to acquire Cooper Industries (NYSE: CBE) in a cash and stock deal. Since the announcement, Eaton shares fell nearly 10%. With the stock now yielding close to 4% and trading at a price to earnings multiple well below its five-year average (9.5x versus 16x historically), Eaton (more specifically, the new combined company) appears worth a closer look.

    The new more »

  • Dover Corporation Dividend – Slowing or Growing?

    By Chad Henage - June 4, 2012 | Tickers: CBE, DOV, IR

    Dover Corporation (NYSE: DOV) has been around since 1947, but unless you are a customer or investor you might not even know the name. The company operates in four segments: Communications, Energy, Engineered Systems, and Printing. With 8% earnings growth in the last few years, and analysts expecting earnings growth of near 10% in the future, the company isn't resting on its laurels. One of the more well known accomplishments that Dover can claim is, they have increased their dividend for at least the last 25 years. However, as the market has shown, even dividend champions can be knocked off their throne. 

  • Eaton Powers Up with Cooper Deal

    By Tony Daltorio - May 31, 2012 | Tickers: ABB, CBE, ETN, GE, HUB-B

    The management at US industrial components manufacturer Eaton Corp. (NYSE: ETN) has decided to do a complete makeover of the company, moving it away from its roots in the auto parts industry. To help effect this change, it recently launched a $12.6 billion offer for Cooper Industries PLC (NYSE: CBE). Cooper is a leader in the electrical equipment sector and had been the center of a lot of takeover more »

  • 52 Week High and Beyond?

    By Steve Van Tiem - May 30, 2012 | Tickers: AOL, CBE, HE, LCC, WMT

    Perusing the NYSE 52 week highs for Friday May, 25th, I am intrigued by the variety of companies making the list.  I am usually more comfortable picking through the 52 week low list for potential turnaround or value plays, but the 52 week high list presents some attractive stock ideas.  Atop the list alphabetically is AOL, Inc. (NYSE: AOL), an Internet content and web services company which touched $27.94 more »

  • What Happened to this Play on the Commercial Property Market?

    By Lee Samaha - April 5, 2012 | Tickers: AYI, CBE, CREE, MAS, LEDS

    Acuity Brands (NYSE: AYI) is a manufacturer of indoor and outdoor lighting and as such, is the sort of stock that has been bid up as the market prices in a recovery in the North American real estate market. Alongside its rival Cooper Industries (NYSE: CBE) and other real estate darlings such as Masco (NYSE: MAS), these stocks have been surging this year.

    A quick look at a recent price more »

  • Buy Cooper Industries On A Pullback To $55

    By Christopher French - February 13, 2012 | Tickers: ABB, CBE, GE, SWK

    Cooper Industries (NYSE: CBE) manufactures and markets electrical goods and services. It makes goods from plugs to lighting, circuit breakers to fixtures, fittings, and fuses for household, business, and industrial use.

    It has also been expanding its energy management solutions segment, and has recently added a fifth controls related acquisition to its business. This purchase is for an undisclosed sum, and brings into the Cooper fold the aptly named Fifth more »

  • Price The Market Part 42

    By Glen Bradford - January 14, 2012 | Tickers: ACT, CBE, JEC, JOY, ZMH

    Hello and welcome to my journey of pricing the S&P500 companies, one at a time. I started Dec. 6, 2011. Let's keep going.

    276. Watson Pharmaceuticals (NYSE: ACT) is down from $70 where it topped in 2011. At the present price of around $62, I think that there is a little upside here. Target: $63-$68. My 2012 EPS estimate is $5.60, which puts this at a more »