New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 5, 2013
14:44 EDTEMREmerson CEO Farr: Recent order trends suggest market conditions stabilizing
On Emerson's (EMR) Q1 earnings conference call, CEO David Farr said, "The pockets of growth our businesses captured were encouraging even though the level of total investment in our end markets continues to be slow. Recent order trends suggest market conditions have stabilized and may be poised for improvement, particularly in the emerging markets. Business investment remains slow and cautious globally, particularly in Europe, but there have been indications of thawing demand in certain markets." Despite the tenuous economic environment, the company expects to be on pace for record financial performance in 2013, with most of the gains coming in the first half of the year. Asia is expected to gain order growth momentum in the second quarter, especially in China and India. Also, steady demand in the near term from the continued recovery of residential end markets in U.S. is expected to drive profits. Management says the balance sheet remains strong and the near term outlook looks solid, supported by energy end market strength and a high backlog. Overall, the company says its cost structure remains well-positioned for continued sluggish demand for industrial capital goods in the near term.
News For EMR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 24, 2015
09:18 EDTEMREmerson says concerned with strong dollar, decline in oil prices
Subscribe for More Information
09:17 EDTEMREmerson reports orders fell 10%-5% in 3 month period end January
Subscribe for More Information
09:16 EDTEMREmerson negative order growth not a surprise, says Wells Fargo
Subscribe for More Information
February 19, 2015
09:46 EDTEMREmerson targeting 2014-2019 adjusted EPS CAGR of 8%-10%
Subscribe for More Information
09:44 EDTEMREmerson says well positioned in mid- and downstream to help offset low oil price
Subscribe for More Information
09:40 EDTEMREmerson sees FY15 adjusted EPS $3.80-$3.90, consensus $3.80
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use