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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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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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