IN FOCUS

Diversified industrial manufacturer Eaton Corporation announced it has sold $75 million of 5.45 percent senior debentures due October 2034, pursuant to an underwriting agreement with Legg Mason Wood Walker, Incorporated.

Baker Hughes Incorporated announced today that, in accordance with generally accepted accounting principles (GAAP), income from continuing operations for the fourth quarter 2004 was $179.8 million or $0.53 per diluted share, compared to …

The Group’s inflow of orders stood at SEK 7,743 million (7,669), an increase of 2 percent after adjustment for the effects of exchange rate movements. Compared with the previous year, the inflow of orders during the fourth quarter was lower for construction-related products, particularly in Germany and the UK.

Gardner Denver, Inc. announced that revenues and net income for the twelve months ended December 31, 2004 were $739.5 million and $37.1 million, respectively, the Company’s highest levels since becoming an independent entity in 1994.

Flowserve Corp. announced increased 2004 bookings and debt reduction, confirmed that it will restate its 2000 through first quarter 2004 financial statements, and announced the planned divestiture of certain non-core operations.

Pfeiffer Vacuum, one of the world’s leading manufacturers of vacuum pumps, components and complete vacuum systems, announces its as-yet unaudited numbers for 2004.

Thomas Industries Inc. today reported record earnings for the year ended December 31, 2004, on net sales that were a record for its pump and compressor business.

Pentair today announced its full-year 2004 results, saying they reflect a series of achievements including the strategic repositioning of the Company, sales growth of 39 percent or 14 percent on an organic basis, a 36 percent gain in 2004 earnings per share (EPS) from continuing operations over that of the previous year, and a 50 basis point increase in operating margins to 10.9 percent.