New User:

-or-
Username:
Password:
Forgot your password?
News Breaks
07:29 EDTEMR
theflyonthewall.com: Emerson updates trailing three month order rates;weak dollar has positive impact
The trailing three-month order rate for Emerson was down 10%-15%, with the recent weakening of the U.S. dollar positively impacting orders by 7%. Emerson has seen sequential improvement in the company's trailing three-month underlying orders excluding currency every month since July. Order trends continue to support the sales forecast provided during the November 3 conference call. The trailing three-month order rate for Process Management was down 5 to 10 percent. Currency exchange rates positively impacted the order growth rate by approximately 18% points due to the weakening of the U.S. dollar resulting in a significant positive backlog revaluation. Orders in the power and water end markets continued to hold up better than the refining and chemical end markets. Industrial Automation order trends have shown sequential improvement each month in the trailing three-month period, but still remain at low levels as global capital goods markets remain depressed. Network Power trailing three-month underlying order trends continued to show signs of stabilization. The China network power business order rates continued to be better than the remaining businesses in this segment. Strong R-22 orders ahead of the January 1, 2010 R-410A refrigerant change, as well as continued strength in China, drove order rates for Climate Technologies into positive territory. Appliance and Tools order trends continued to be negatively impacted by low consumer confidence levels and weakness in U.S. residential and non-residential investment. :theflyonthewall.com



News For EMR From The Last 14 Days
Check below for free stories on EMR the last two weeks.
There are 17 items on the Fly with pertinent information.
Sign up for a free trial to see the rest of the stories you've been missing.
February 5, 2010
08:02 EDTEMR
theflyonthewall.com: Emerson Electric and Shell sign multi-year global framework agreement
Emerson Process Management, a global business of Emerson (EMR), announced it has entered into a 5-year Global Framework Agreement with Shell (RDS.A) to serve as a Main Automation Contractor on future capital projects globally. Under the Agreement, Emerson will provide project and support services for Main Automation Systems, including Distributed Control Systems and Safety Instrumented Systems. The contract also provides for ongoing maintenance of existing systems, plus the supply of new systems for Brownfield and Greenfield facilities. :theflyonthewall.com
07:36 EDTEMR
theflyonthewall.com: Emerson Electric to host investor meeting
Investor meeting to be held in New York on February 5 at 8:30 am. Webcast Link :theflyonthewall.com

February 3, 2010
08:46 EDTEMR
theflyonthewall.com: Emerson Electric receives $900,000 in orders

Subscribe for More Information
:theflyonthewall.com
07:11 EDTEMR
theflyonthewall.com: Emerson Electric upgraded to Neutral from Underweight at JP Morgan

Subscribe for More Information
:theflyonthewall.com

February 2, 2010
15:09 EDTEMR
theflyonthewall.com: Emerson Electric sees $50M-$100M of share buybacks in FY10, DJ reports

Subscribe for More Information
:theflyonthewall.com
15:04 EDTEMR
theflyonthewall.com: Emerson Electric confirms CFO transition
Emerson announced the board of directors has elected Frank J. Dellaquila as senior vice president and CFO. He succeeds Walter J. Galvin, vice chairman and CFO, who has served as CFO for 17 years. Galvin will remain as vice chairman, and Dellaquila will join the Office of the Chief Executive and report to David Farr, chairman, CEO and president. :theflyonthewall.com
15:02 EDTEMR
theflyonthewall.com: Emerson Electric CFO Galvin relinquishes title, new CFO named, Bloomberg reports
Emerson Electric CFO Galvin relinquishes title, new CFO named which will be disclosed tonight, Bloomberg reports :theflyonthewall.com
12:15 EDTEMR
theflyonthewall.com: On The Fly: U.S. Mid-Day Market Wrap-Up

Subscribe for More Information
:theflyonthewall.com
09:40 EDTEMR
theflyonthewall.com: Gappers report: Bullish gaps
This is a list of stocks making unusual moves on the open versus the prior day close. Gapping stocks often have excessive movements during the day and in the days thereafter. We use 5% for filter criteria and scanned for stocks that traded above $10 the prior day. GAPPING UP: BEXP 5.62%, CCK 5.92%, HOLX 5.97%, UTI 6.03%, EMR 6.59%, CMI 6.84%, DHI 7.39%, RCII 7.92%, ANN 12.85%, LXK 14.10%, BKS 15.67%, CITP 32.12%. :theflyonthewall.com
09:16 EDTEMR
theflyonthewall.com: Pre-market top 5 gainers

Subscribe for More Information
:theflyonthewall.com
06:45 EDTEMR
theflyonthewall.com: Emerson Electric's Q1 gross profit margin expanded 110bps to 38%

Subscribe for More Information
:theflyonthewall.com
06:42 EDTEMR
theflyonthewall.com: Emerson Electric sees FY10 EPS $2.20-EPS $2.40 vs. consensus of $2.11
:theflyonthewall.com
06:41 EDTEMR
theflyonthewall.com: Emerson Electric reports Q1 EPS 56c vs. consensus of 42c

Subscribe for More Information
:theflyonthewall.com

February 1, 2010
16:29 EDTEMR
theflyonthewall.com: On The Fly: U.S. Market Wrap-Up for Monday 2/1
The futures were higher throughout the pre-market trading session, which led to a higher open for the broader averages. The positive move was solidified with a couple of in-line economic reports. However, shortly after the open, the market began to relinquish its gains. A better-than-expected manufacturing report reversed the weakness and the averages moved to session highs. The averages then drifted higher, with each of the major indices up as much as 1.0% on the day. The market then traded sideways as it tried its best to hold onto the session’s gains...The Dow rose 118.20 to 10,185.53, the S&P gained 15.31 to 1,089.18, and the Nasdaq added 23.85 to 2,171.20…Among the biggest gainers: Valassis Communications (VCI) surged 17.4% to $24.58 after settling a lawsuit against NewsCorp. (NWSA) for $500M. Cliffs Natural Resources (CLF) soared 7.8% to $43.07 after raising Q4 EPS estimates to 39c from 17c per share…The losers included: Central Pacific Financial (CPF) which slumped 13.6% to $1.40 after being cut to Sell from Neutral at B.Riley & Co. Gannett (GCI) dropped 7.0% to 15.02 after reporting disappointing Q4 results…CURRENCY: The dollar closed 0.43% higher on the yen at 90.62 and 0.47% higher on the euro at 0.7179…COMMODITIES: Crude oil closed up 2.03 to 74.92...Natural gas added 0.28 to 5.41...Gold was higher by 21.50 to 1,105.30…ECONOMIC DATA: The Commerce Department said personal income rose by 0.4% in December, while personal spending rose by 0.2%. Economists expected personal income to increase 0.3%. The core PCE price index, which excludes food and energy, rose 0.1% in December as compared to December 2008; including food and energy, the PCE was up 0.1% from November and 2.1% year-over-year. Construction spending for December fell 1.2% at a seasonally adjusted rate of $902.55B compared to the prior month. January's ISM Manufacturing Index came in at 58.4, above the consensus of 55.0. Tomorrow…Motor Vehicle Sales, ICSC Goldman Store Sales, Redbook Chain Store Sales, and Pending Home Sales Index are due…Notable companies reporting Tuesday before the opening bell include: Archer Daniels Midland Company (ADM), Automatic Data Processing (ADP), D.R. Horton (DHI), Emerson Electric (EMR), Lexmark (LXK), Pepsi Bottling Group (PBG), The Hershey Company (HSY), United Parcel Service (UPS), Wisconsin Energy (WEC), and Whirlpool (WHR). :theflyonthewall.com
15:30 EDTEMR
theflyonthewall.com: Companies reporting Before the Market Open on Tuesday, February 2

Subscribe for More Information
:theflyonthewall.com
14:27 EDTEMR
theflyonthewall.com: Emerson Electric: Earnings release technical preview, bear pattern

Subscribe for More Information
:theflyonthewall.com

January 27, 2010
10:03 EDTEMR
theflyonthewall.com: Emerson unit awarded contract from China Power Investment

Subscribe for More Information
:theflyonthewall.com