For the third quarter, HAS reported a 9% ($150.4 million) increase in profit, or 99 cents per share, despite a 2% ($1.28 billion) decline in revenue. This compares to last year quarter’s $138.2 million, or $0.89 per diluted share in 2008, while topping consensus estimates of 93 cents.

Eaton Corp. (ETN), a diversified power management company, provides electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics, and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy, and safety. It sells its products to customers in more than 150 countries. In 2008, the Company posted total annual sales of $15.4 billion in 2008. Also in 2008, it acquired certain businesses and entered into a joint venture in separate transactions for combined net cash purchase prices of $2.807 billion.

The Company was founded in 1916 and has headquarters in Cleveland, Ohio,

Source: Reuters.com, SEC Filings, FY ending December

ETN posted net income of $1.14 per share for the third quarter of 2009, 39% below the previous-year quarter’s $1.87. Sales in the quarter came in at $3 billion, 26% below the same period in 2008. Adjusting for chargers, the Company’s operating earnings were better than expected, topping analysts’ consensus of 92 cents per share on revenue of $3.13 billion. Analysts typically exclude one-time items from their estimates.

“We are pleased with our third quarter results, which significantly exceeded our guidance. The results reflect the impact of the substantial enterprise-wide reductions in costs we have enacted during the past year. Our revenues in the third quarter grew 4 percent over the second quarter, reflecting equally the very early stages of recovery in our end markets and benefit from the strengthening of currencies against the dollar,” ETN president and CEO Alexander M. Cutler stated in the Company’s press release.

ETN further boosted investors’ confidence on the stock as the Company raised its full-year profit forecast. The Company is looking for full-year net income in the range of $2.05 and $2.15, and operating earnings per share in the range of $2.40 and $2.50. Its earlier guidance was for earnings in the range of $1.65 to $1.85 per share.

Moving Average

ETN is trading above its 13-day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock.

MACD

The MACD for ETN currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-day moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.

Bollinger Bands

ETN’s recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower Bollinger Bands. These bands measure volatility using standard deviation and a large width is due to high volatility. Additionally, ETN is trading near its upper Bollinger Band. This suggests that the stock price is high relative to its recent price action.

Source: http://www.scottrade.com

BMC Software Inc. (BMC) offers system management, service management and automation solutions designed for and marketed to companies looking to improve the management of their IT infrastructure and processes. Its portfolio of Business Service Management (BSM) solutions, which deliver a comprehensive approach and unified platform for managing IT, spans mainframe and distributed systems, applications, databases and information technology (IT) process management functions. The Company’s products are sold through direct sales and indirect channels including resellers, system integrators and original equipment manufacturers In addition, the Company provides its customers with maintenance and support for its products and perform services for software implementation, integration, IT process design and re-engineering and education.

BMC is organized into two software business segments: Enterprise Service Management (ESM) and Mainframe Service Management (MSM).

The Company was founded in 1980 and is headquartered in Houston, Texas.

Source: Reuters.com, SEC Filings, FY ending March

BMC has entered into a definitive agreement to buy Tideway Systems Ltd, for undisclosed sum. Tideway Systems Ltd., a privately held British company, provides configuration management software, from Scottish Equity Partners, Apax Partners, L.P. and NESTA. As stated in the press release, the “acquisition will enhance BMC’s Business Service Management (BSM) platform and help organizations minimize the risks associated with business-critical initiatives such as data center consolidation, virtualization and compliance.

“With the acquisition of Tideway, BMC adds the industry’s leading application discovery and dependency mapping capabilities to manage and maintain complex data center environments including distributed, virtual and mainframe IT platforms and further extends its leadership in business service management,” stated Dev Ittycheria, president, Enterprise Service Management at BMC software.

The deal is expected to close within a week.

Moving Average

BMC is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.

MACD

The MACD for BMC currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-day moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.

Bollinger Bands

BMC is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.

Source: http://www.scottrade.com

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