Pentair News

Eaton Corp 's purchase of electrical equipment maker Cooper Industries means another U.S. company will soon leave the United States in favor of relocating its headquarters to a foreign country with sharply lower taxes.

Burned by the memory of deals gone bad, top U.S. conglomerates including General Electric Co and Honeywell International Inc have backed away from big acquisitions, saying the risks of $10 billion takeovers aren't worth it.

MINNEAPOLIS, May 15, 2012 /PRNewswire/ -- Pentair Chairman and CEO Randall J. Hogan will present at the Electrical Products Group Conference held in Longboat Key, Florida on Tuesday, May 22, 2012.

Workers prepare engines for installation into Polaris' Ranger side-by-side vehicles at the company's plant in Roseau, Minn.

The Water Resources Portfolio ETF is seeing unusually high volume in afternoon trading Monday, with over 903,000 shares traded versus three month average volume of about 206,000. Shares of PHO were off about 1.5% on the day.

's stock had its "neutral" rating reiterated by investment analysts at UBS AG in a note issued to investors on Monday.