Electrical-products giant Cooper Industries (CBE) says it's raising prices across all divisions...

|By:, SA News Editor

Electrical-products giant Cooper Industries (CBE) says it's raising prices across all divisions by 3-7% as it faces higher costs of industrial metals. Raw materials present a "headwind" in the first quarter but should be neutral in 2011 as a whole. It reaffirmed expected 2011 EPS of $3.60-3.80, up from $3.20 last year.