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Stock Market & Financial Investment News

News Breaks
June 25, 2014
09:18 EDTEMREmerson reports May underlying order growth of 8% ex-currency
Emerson disclosed in a regulatory filing earlier that its trailing three-month order trends "remained strong," as global business conditions continued to improve despite persisting uncertainty in some markets. Excluding currency translation, which added 1 percentage point, underlying orders grew 8% in May. All segments reported growth, led by Process Management strength in large, multi-year projects, and Network Power, with underlying growth above the consolidated total for the last three months.
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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