News Breaks |
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| October 15, 2012 |
| 11:02 EDT |  | EMR | Emerson invests $25M in KSA Technology and Innovation centre
Emerson underlined its commitment to the Middle East and Africa market with the announcement of a $25M investment to create a technology and innovation centre in partnership with the King Fahd University of Petroleum and Minerals in the Kingdom of Saudi Arabia. Emerson has signed an agreement to lease land in the Dhahran Techno Valley for the Emerson Centre for Technology and Innovation, which will train technologists and innovation leaders of the future. |
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News For EMR From The Last 14 Days Check below for free stories on EMR the last two weeks. |
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| May 20, 2013 |
| 11:04 EDT |  | EMR | Emerson reaffirms outlook given on May 7
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| 07:22 EDT |  | EMR | Electrical Products Group to host a conference
2013 EPG Conference is being held on Longboat Key, Florida on May 20-22 with webcasted company presentations to begin on May 20 at 7:30 am; not all company presentations may be webcasted. Webcast Link |
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| May 8, 2013 |
| 10:00 EDT |  | EMR | On The Fly: Analyst Downgrade Summary
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| 07:57 EDT | | EMR | Emerson downgraded at Bernstein
As noted earlier, Bernstein downgraded Emerson to Market Perform from Outperform with a $62 price target. The firm thinks that the company's end markets remain under pressure and lack tailwinds. |
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| 06:21 EDT | | EMR | Emerson downgraded to Market Perform from Outperform at Bernstein
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| May 7, 2013 |
| 14:54 EDT | | EMR | Emerson does not see strong pick-up in 2H that was initially forecast
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| 14:10 EDT | | EMR | Emerson cuts FY13 sales growth view to 1.5%-2% from 2%-5%, consensus $25.18B
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| 06:35 EDT | | EMR | Emerson cuts FY13 EPS to $3.48-$3.58 from $3.53-$3.68, consensus $3.59
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| 06:34 EDT | | EMR | Emerson reports Q2 EPS 77c, consensus 78c
Reports Q2 revenue $5.92B, consensus $6.03B |
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