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Stock Market & Financial Investment News

News Breaks
December 14, 2012
13:26 EDTEMREmerson hires JP Morgan to seek sale of Embedded Computing unit, Bloomberg says
Emerson seeking $1.5B in sale, according to Bloomberg.
News For EMR From The Last 14 Days
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May 8, 2013
10:00 EDTEMROn The Fly: Analyst Downgrade Summary
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07:57 EDTEMREmerson 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.
06:21 EDTEMREmerson downgraded to Market Perform from Outperform at Bernstein
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May 7, 2013
14:54 EDTEMREmerson does not see strong pick-up in 2H that was initially forecast
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14:10 EDTEMREmerson cuts FY13 sales growth view to 1.5%-2% from 2%-5%, consensus $25.18B
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06:35 EDTEMREmerson cuts FY13 EPS to $3.48-$3.58 from $3.53-$3.68, consensus $3.59
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06:34 EDTEMREmerson reports Q2 EPS 77c, consensus 78c
Reports Q2 revenue $5.92B, consensus $6.03B
May 6, 2013
15:35 EDTEMRNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Emerson Electric (EMR), consensus 78c; EOG Resources (EOG), consensus $1.17; DIRECTV (DTV), consensus $1.08; Health Care REIT (HCN), consensus 91c; FirstEnergy (FE), consensus 68c; Perrigo (PRGO), consensus $1.44; Charter Communications (CHTR), consensus (61c); HollyFrontier (HFC), consensus $1.73; Oaktree Capital Group (OAK), consensus $1.53; NRG Energy (NRG), consensus (28c).

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