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An Eaton Corporation office building in Brossard, Quebec. Eaton Corporation plc is an American-Irish-domiciled [2] multinational power management company, with a primary administrative center in Beachwood, Ohio. [3] Eaton has more than 85,000 employees and sells products to customers in more than 175 countries. [4]
The Danfoss Group manufactures products and provides services used in: [11] cooling food; air conditioning; heating buildings; variable-frequency drives; gas compressors; powering mobile machinery. Danfoss employs approximately 41,928 people worldwide with its headquarters in Nordborg, Denmark. [12]
The stock of Eaton PLC (NYSE:ETN, 30-year Financials) shows every sign of being significantly overvalued, according to GuruFocus Value calculation.
Let's see what those numbers can tell us about how expensive or cheap Eaton (NYS: ETN) might be. The current price multiples First, we'll look at most investors' favorite metric: the P/E ratio.
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Hans Ziegler was appointed as interim CEO to undertake a major restructuring of the group. According to Oerlikon's Annual Report 2009, more than 2 500 employees were laid off in 2009, and the workforce declined by a further 1 100 as a result of companies being sold off. A comprehensive restructuring of the group's finances was also necessary.
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Visit from President Obama. On January 15, 2014, former US President Barack Obama visited Vacon’s R&D facility at the Research Triangle Park in North Carolina. [5] Following a tour of the premises, he gave a speech to students at North Carolina State University where he mentioned Vacon.