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Stock Market & Financial Investment News

News Breaks
February 27, 2013
10:01 EDTEMREmerson awarded $33M contract to upgrade automation on Statoil platform
Statoil has awarded Emerson Process Management, a business of Emerson, a $33M contract to upgrade safety and automation systems on the Visund oil platform in the Norwegian North Sea. Previously selected by Statoil as one of its preferred automation and safety suppliers, Emerson will provide integrated safety and automation systems to help the international energy company boost oil recovery and extend the life of the field while also reducing operating costs and minimizing safety and environmental risks.
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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