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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 4, 2015
15:01 EDTEMRNotable companies reporting before tomorrow's open
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May 3, 2015
14:22 EDTEMREmerson shares could approach $75-$80 in coming years, Barron's says
Shares of Emerson may approach $75-$80 in the next few years, Barron's contends in its "The Trader" column, citing Capital Advisors. Barron's argues that fears of oil volatility overexposure are overblown, while global economic headwinds and the effects of foreign exchange seem to be improving in Emerson's favor. Reference Link
April 24, 2015
07:25 EDTEMREmerson discloses three month orders decreased double digits
In a regulatory filing, Emerson disclosed three-month orders down double digits, reflecting the drop in oil prices a global slowdown in capital spending, most notably in energy-related markets, and significant strength in the U.S. dollar, which deducted 7 percentage points through currency translation. The company added, "European markets have recently shown some signs of improvement as a result of the weaker Euro. Underlying orders were down high single digits reflecting slow market conditions in all segments. Underlying sales for the second quarter will be flat compared to prior year, excluding unfavorable currency of 5% and an impact from divestitures of 2 percent. Reported GAAP sales for the second quarter will be down 7%. These results are in line with our commentary from the February orders release. We expect to increase full year restructuring spending to approximately $140M."

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