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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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April 1, 2015
15:53 EDTEMREmerson late report of orders generating questions, says JPMorgan
JPMorgan noted that over the past ten years, other than earnings release dates, an orders report from Emerson has come out in the forward month only once, adding that the fact that its usual report is "officially on the late side" has resulted in the firm receiving many questions. It is possible the company is holding off on reporting orders because of something big strategically, but the firm believes a weaker than expected orders report, along with an associated downward revision to earnings, is more likely. The firm said its still cautious on most industrial cyclical names in the sector and keeps a Neutral rating on Emerson shares, which are down 72c, or 1.27% , to $55.90 in late trading.

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