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Stock Market & Financial Investment News

News Breaks
February 19, 2013
05:58 EDTEMREmerson CEO Farr's outburst draws analysts' ire, WSJ reports
Emerson Electric (EMR) CEO David Farr, known for risque language, jokes and occasional tirades, may now have gone too far, reports the Wall Street Journal. At a meeting with about 60 analysts and investors last week, he pointedly denounced those who suggest the company, a maker of industrial and data-center equipment, is one-dimensional...highly successful in China but otherwise lackluster. Reference Link
News For EMR From The Last 14 Days
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January 30, 2015
10:18 EDTEMROptions with increasing implied volatility
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January 26, 2015
09:58 EDTEMREmerson reports 3 months end December orders down 5% to flat
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January 22, 2015
10:03 EDTEMROn the Fly: Analyst Initiation Summary
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10:03 EDTEMROn the Fly: Analyst Downgrade Summary
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07:57 EDTEMREmerson downgraded at BofA/Merrill
As previously reported, BofA/Merrill downgraded Emerson to Underperform from Neutral. The firm reduced forecasts below consensus based on expectations Process organic growth will decline in 2016 and 2017 and pressure the stock multiple. Price target lowered to $62 from $66.
06:51 EDTEMREmerson downgraded to Underperform from Neutral at BofA/Merrill
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06:33 EDTEMREmerson downgraded to Neutral from Outperform at RW Baird
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January 21, 2015
16:12 EDTEMREmerson initiated with a Neutral at UBS
Target $62.

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