2.0
Feb 15, 2010
Recommend
CEO approval
Business Outlook
Pros
Real international opportunities, fairly diversified businesses and WW presence. Some clear pocket of talents within company.
Cons
Eaton chose to maintain dividend at target level despite posting a loss in Q1/Q2 2009 and at the same time terminated 13'000 employees... This is not sharing the pain. Tax optimization is not a long-term business strategy.