Latest from People

Schneider Electric
jesuscarmona_schneider_1920
Illustration © 19276996 / Dirk Erck / Dreamstime.com
people_onthe_move_illustration_19276996__dirk_erck

Cooper's Electrical Division Sees Sales Sag in 4Q

Jan. 27, 2010
Cooper Industries announced that its Electrical Products Division segment saw revenues for the fourth quarter of 2009 decrease 18.8 percent to $1.1 billion, compared with $1.36 billion in the fourth quarter 2008. Total 2009 revenues for this division ...

Cooper Industries announced that its Electrical Products Division segment saw revenues for the fourth quarter of 2009 decrease 18.8 percent to $1.1 billion, compared with $1.36 billion in the fourth quarter 2008. Total 2009 revenues for this division decreased 21.6 percent to $4.51 billion, compared to $5.76 billion for last year. Segment operating earnings for 2009 declined to $638.2 million excluding restructuring and asset impairment charges, compared to $930.3 million in the prior year. Details