Intelligent power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Fibrebond, a designer and builder of pre-integrated modular power enclosures. Under the terms of the agreement, Eaton paid $1.4 billion for Fibrebond, which is expected to generate $110 million of estimated 2025 adjusted EBITDA. Eaton expects the deal will be neutral from an earnings per share standpoint in 2025. This press release features multimedia. View the full release here:...
The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 4/1/2025 Ex-Date – 4/11/2025 Record – 4/11/2025 Payable – 4/22/2025 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 3/31/25 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.02 5.99% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.26 6.00% Taxable Funds: Fund...
The Eaton Vance closed-end funds listed below released today the estimated sources of their March distributions (each a “Fund”). This press release is issued as required by the Funds’ managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount per common share....
Psycho Bunny , la marque de vêtements pour hommes haut de gamme, reconnue pour ses designs audacieux et son savoir-faire inégalé, est ravie d'annoncer la grande réouverture de son magasin récemment rénové au Centre Eaton de Montréal. Après une transformation complète, la boutique s'apprête à accueillir de nouveau ses clients, offrant une expérience de magasinage personnalisée et unique. Ce communiqué de presse contient des éléments multimédias. Voir le communiqué complet ici :...
Intelligent power management company Eaton today announced a groundbreaking innovation strengthening wildfire prevention efforts on utility distribution systems. Achieved in collaboration with the U.S. Army Corps of Engineers (USACE) research and development arm, the U.S. Army Engineer Research and Development Center (ERDC), the National Renewable Energy Laboratory (NREL) and multiple North American utilities, the new Eaton HiZ Protect ™ solution addresses a long-standing challenge for...
Lab simulations and testing demonstrate highly accurate, fast fault detection technology designed for grid-edge implementation on utility distribution lines Collaboration among Eaton, U.S. Army Corps of Engineers (USACE) Engineer Research Development Center (ERDC), National Renewable Energy Laboratory and North American utilities drives novel solution Eaton to present on wildfire mitigation technologies at the 2025 DistribuTECH and TechAdvantage industry conferences PITTSBURGH, PA / ACCESS...
Edison International’s subsidiary, Southern California Edison, will begin the next phase of physical and video inspections and testing of electrical equipment in Eaton Canyon on March 17. This phase of testing will continue for several weeks in the field, followed by lab and engineering analysis. This next step in the investigation will be SCE’s first close-up physical inspection since the start of the Eaton Fire. It is being conducted in close coordination with fire investigators, Los...
Intelligent power management company Eaton (NYSE:ETN) has again received the 2025 World’s Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Grounded in Ethisphere’s proprietary Ethics Quotient®, the annual assessment requires companies to provide 240+ proof points on practices supporting ethics and compliance, governance, culture, environmental and social impact and initiatives supporting a strong value...
Recognition honors organizations committed to best-in-class ethics, compliance and governance programs and is based on robust analysis. CLEVELAND, OH / ACCESS Newswire / March 12, 2025 / Intelligent power management company Eaton (NYSE:ETN) has again received the 2025 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Grounded in Ethisphere's proprietary Ethics Quotient®, the annual assessment...
Intelligent power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire Fibrebond Corporation, a designer and builder of pre-integrated modular power enclosures for data center, industrial, utility and communications customers. Under the terms of the agreement, Eaton will pay $1.4 billion for the acquisition of Fibrebond, which is expected to generate $110 million of estimated 2025 adjusted EBITDA. “Fibrebond is known for its engineering capabilities and...
Intelligent power management company Eaton (NYSE:ETN) today announced that Sergio Letelier has been named senior vice president, corporate development, planning and strategy, effective March 17, 2025. In this role, Letelier will be responsible for leading Eaton’s corporate strategy and global mergers and acquisitions activity, reporting to Olivier Leonetti, executive vice president and chief financial officer, and will join the company’s executive leadership team. This press release features...
NORTHAMPTON, MA / ACCESS Newswire / March 6, 2025 / *The role of home energy management in the electrification of homes. Today's energy transition offers homeowners a unique opportunity to leverage intelligent, connected technologies to create more sustainable, autonomous and energy-efficient homes. Join Eaton and industry experts from Ample Electric, Rewiring America and Tesla as they discuss opportunities for whole home electrification to reduce homeowner's carbon footprint, keep the power on,...
Morgan Stanley Investment Management (“MSIM”) today announced the launch of its latest ETF, Eaton Vance High Income Municipal (Ticker: “EVYM”), a high yield municipal strategy. Since the introduction of MSIM’s first ETFs in 2023, the platform has grown to $4.7 billion in ETF assets with 17 total strategies that span asset classes and themes. Listed on the Nasdaq, the latest addition to the platform is the eighth active fixed Income ETF brought to market. “The MSIM ETF platform...
The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 3/3/2025 Ex-Date – 3/13/2025 Record – 3/13/2025 Payable – 3/21/2025 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 2/28/25 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.35 5.80% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.75 5.73% Taxable Funds: Fund...
The Eaton Vance closed-end funds listed below released today the estimated sources of their February distributions (each a “Fund”). This press release is issued as required by the Funds’ managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount per common...
The Board of Directors of intelligent power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $1.04 per ordinary share, an increase of 11% over its last quarterly dividend. The dividend is payable March 28, 2025, to shareholders of record at the close of business on March 10, 2025. Eaton has paid dividends on its shares every year since 1923. Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for...
Intelligent power management company Eaton (NYSE:ETN) today announced it will host its 2025 investor conference on Tuesday, March 11, 2025, from 2 p.m. to 5:30 p.m. Eastern time. The purpose of the meeting is to discuss the company’s business prospects with securities analysts and institutional investors. Conference presenters will include Craig Arnold, chairman and chief executive officer; Paulo Ruiz, president and chief operating officer; Olivier Leonetti, executive vice president and chief...
Intelligent power management company Eaton (NYSE:ETN) is helping address the critical shortage of transformers and record demand for its solutions across utility, large commercial, industrial and data center customers. The company is investing $340 million to increase U.S. production of its three-phase transformers essential to reliable electrical power. Production and hiring at Eaton’s new Jonesville, South Carolina facility is expected to begin in 2027. Eaton will continue to also...
By adding a third U.S. manufacturing facility for three-phase transformers, Eaton supports robust market growth Hiring to begin in 2027 for 700 local jobs in the new Eaton Jonesville site, Eaton's eleventh facility in South Carolina Brings Eaton investments in North American manufacturing for its electrical solutions to more than $1 billion since 2023 CLEVELAND, OH / ACCESS Newswire / February 12, 2025 / Intelligent power management company Eaton (NYSE:ETN) is helping address the critical...
Edison International’s subsidiary, Southern California Edison, today submitted two letters to the California Public Utilities Commission providing updates on its ongoing analysis into the origin of the Eaton and Hurst wildfires that began on Jan. 7, 2025, in accordance with state reporting requirements. These reports follow an interim update on the Eaton Fire submitted to the CPUC on Jan. 27, 2025. This press release features multimedia. View the full release here:...