Diversified industrial Eaton Corp (ETN) reported first quarter earnings of $1.64 (vs. $1.56 a year ago) after accounting for an $0.06 charge for acquisitions and integration of those acquisitions. Excluding those charges, Eaton earned $1.70 vs. the $1.66 street estimates. Eaton also raised full year guidance by $0.05 to between $7.30 and $7.80.