Cooper Industries Ltd., Houston, said its second-quarter earnings dropped slightly as it continued to see few signs of improvement in manufacturing activity.
Net income fell 2 percent to $72.4 million from $73.9 million a year earlier. Revenue increased to $1.01 billion from $1.00 billion.
“Like others serving our markets, we continued to face considerable economic headwinds during the second quarter,” said H. John Riley Jr., chairman, president and chief executive officer. “C
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