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Stock Market & Financial Investment News

News Breaks
February 21, 2013
06:58 EDTEMREmerson reports total three-month orders growth for January 0%-5%
Trailing three-month orders growth reflected demand improvement in total, with varied trends among businesses and end markets. Orders acceleration in Climate Technologies and improved trends in Process Management offset weakness in Industrial Automation and the embedded computing and power business. Underlying orders growth, excluding favorable currency translation of 1 percentage point, increased 1%. Industrial Automation orders decreased, as weakness continued in industrial goods end markets. Process Management orders growth accelerated. Order trends remained unchanged in Network Power, with mixed trends among businesses and end markets. Strong orders growth in Climate Technologies reflected improving market conditions in all regions.
News For EMR From The Last 14 Days
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December 17, 2014
10:02 EDTEMROn The Fly: Analyst Downgrade Summary
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07:45 EDTEMR, EMREmerson downgraded to Underperform from Outperform at CLSA
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December 15, 2014
12:37 EDTEMROn The Fly: Midday Wrap
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07:43 EDTEMRRegal-Beloit to host conference call
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07:05 EDTEMREmerson to sell Power Transmission Solutions unit to Regal-Beloit for $1.44B
Emerson (EMR) announced that it has agreed to sell its Power Transmission Solutions business unit to Regal Beloit Corporation (RBC). The transaction is valued at $1.44B, representing cash proceeds of $1.4B plus assumption of certain postretirement liabilities, and is expected to close in the first calendar quarter of 2015, subject to regulatory approvals. Proceeds will be used for incremental share repurchase in fiscal 2015.
07:03 EDTEMRRegal-Beloit to acquire Emerson PTS business for about $1.4B
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07:01 EDTEMRRegal-Beloit to acquire Emerson PTS business for about $1.4B
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December 14, 2014
14:11 EDTEMREmerson near deal to sell business unit to Regal-Beloit, WSJ says
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December 12, 2014
09:33 EDTEMREmerson downgraded to Hold from Buy at Deutsche Bank
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