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Stock Market & Financial Investment News

News Breaks
February 5, 2013
14:16 EDTEMREmerson sees FY13 revenue $25B-$25.6B, consensus $25.05B
Sees FY13 operating margin 17.8%-17.9%; EBIT margin 16.2%-16.3%; Dividends per share $1.64; Operating cash flow $3.3B-$3.4B; CapEx approximately $700M; Share repurchase $600M-$800M; Restructuring costs $70M-$80M; Tax rate 31%-32%. Guidance taken from the company's Q1 earnings conference call.
News For EMR From The Last 14 Days
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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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