Eaton Corporation ETN reported first-quarter 2025 earnings of $2.72 per share, which surpassed the Zacks Consensus Estimate by 0.7%. The bottom line increased around 13.3% year over year and was near the upper end of the guidance of $2.65-$2.75. (See the Zacks Earnings Calendar to stay ahead of market-making news.) GAAP earnings for the reported
Q: Can you provide an update on net flows for Institutional, Wholesale, and PruFund over the first 2.5 months of 2025? A: Andrea Rossi, Group CEO, explained that the momentum from 2024 has continued into 2025, particularly in international markets. Institutional flows have been strong due to offerings in public equities, credits, and private assets.
Legal & General (L&G) has outlined plans to return £5bn to investors. Asset management and insurance giant Legal & General has reported a six per cent increase in core operating profit for 2024. Core operating profit hit £1.6bn and pre-tax profit under IFRS accounting standards stood at £542m. Off the back of these robust numbers