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Stock Market & Financial Investment News

News Breaks
December 20, 2012
08:25 EDTEMREmerson reports flat orders growth for trailing three-month to November
Emerson disclosed in a regulatory filing that its trailing three-month orders were flat for November, as cautious business investment continued to reflect global economic uncertainty. Order trends improved in Network Power, Climate Technologies, and Commercial & Residential Solutions, and growth in Process Management continued, the company said. Industrial Automation demand remained weak. Currency translation added 3% points. Poor market visibility and mixed economic indicators in the U.S., Europe, and China are expected to result in slow and choppy order patterns in the near term, according to Emerson.
News For EMR From The Last 14 Days
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June 30, 2015
09:26 EDTEMROn The Fly: Pre-market Movers
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07:22 EDTEMREmerson Electric volatility low into plans to spin off Network Power unit
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06:38 EDTEMREmerson to host investor conference call
Conference call to discuss portfolio repositioning will be held on June 30 at 9 am. Webcast Link
06:01 EDTEMREmerson plans to spin off Network Power business, explore strategic actions
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June 29, 2015
10:11 EDTEMREmerson to buy Spectronix Ltd. for nearly $100M, Globes reports
Emerson Electric is set to buy Spectronix Ltd., an Israeli company which develops fire detection systems, for $99M, Globes reports. The purchase price consists of $79M in cash and $20M that will be distributed to investors as a dividend. Reference Link
June 26, 2015
09:46 EDTEMREmerson estimates lowered on negative May orders at Morgan Stanley
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June 22, 2015
08:17 EDTEMRMcKesson appoints Kathy McElliogott as EVP, CIO, CTO
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