New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 2, 2012
10:55 EDTJCI, JCI, EMR, EMREmerson to host conference call
Chairman and CEO Farr discusses Emerson's acquisition of Johnson Controls' marine container controls and monitoring business on a conference call to be held on April 2 at 11 am. Webcast Link
News For JCI;EMR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 11, 2016
15:34 EDTEMREmerson targets 2016-2019 total sales growth 4%-7%
Subscribe for More Information
07:51 EDTEMREmerson to host investor meeting
Investor meeting to be held in Austin, Texas on February 11 at 9 am. Webcast Link
February 2, 2016
15:04 EDTEMREmerson sees underlying sales turning positive in Q3
Subscribe for More Information
07:10 EDTEMREmerson sees Q2 adjusted EPS 60c-65c, consensus 64c
Figure excludes roughly $75M of separation costs. Reported earnings per share are expected to be 49c-54c. Underlying sales for the second quarter are expected to decline approximately 4%-6% percent excluding negative currency translation and an impact from divestitures of approximately 2% each. Reported sales for the second quarter are expected to be down approximately 8%-10%, consensus $4.91B. Sees FY16 operating cash flow roughly $3B.
07:08 EDTEMREmerson backs FY15 adjusted EPS view $3.05-$3.25, consensus $3.03
The company expects difficult conditions to persist in served markets during fiscal 2016. These market conditions were anticipated and have not changed the company's view of its financial objectives that were developed heading into this fiscal year. Underlying sales for 2016 are still expected to be down approximately 2%-5% excluding negative currency translation of approximately 2% and a 2% deduction from completed divestitures. Reported sales are expected to be down approximately 6%-9%, consensus $20.54B. The company affirms its guidance for adjusted earnings per share of approximately $3.05-$3.25, which excludes estimated separation expenses of approximately $250M-$350M related to the planned spinoff of Network Power and the potential divestitures of the Motors and Drives and Power Generation businesses. As a result of these lower separation costs, which were previously expected to be approximately $50M higher, reported earnings per share are expected to be approximately $2.55 to $2.90.
07:05 EDTEMREmerson reports Q1 adjusted EPS 56c, consensus 51c
Reports Q1 revenue $4.7B, consensus $4.64B. Adjusted EPS figure excludes 3c for separation costs related to the strategic portfolio repositioning.
February 1, 2016
14:32 EDTEMRNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Exxon Mobil (XOM), consensus 64c... Pfizer (PFE), consensus 52c... United Parcel Service (UPS), consensus $1.42... Dow Chemical (DOW), consensus 70c... Emerson Electric (EMR), consensus 51c... Archer-Daniels-Midland (ADM), consensus 66c... Baxter (BAX), consensus 32c... Sirius XM (SIRI), consensus 3c... Royal Caribbean Cruises (RCL), consensus 92c... Ally Financial (ALLY), consensus 51c... Michael Kors (KORS), consensus $1.46... ADT Corp. (ADT), consensus 46c.
14:14 EDTEMREmerson volatility elevated into Q4 and outlook
Subscribe for More Information
January 28, 2016
11:29 EDTJCIJohnson Controls seeing revenue softness in Building Efficiency division
Subscribe for More Information
11:14 EDTJCIJohnson Controls continues to expect at least $650M in synergies from merger
Oost merger, the company expects $4.5B EBITDA, $500M operating synergies and $150M tax synergies.
11:12 EDTJCIJohnson Controls sees no hiccups, improved momentum for Tyco transaction
Subscribe for More Information
07:10 EDTJCIJohnson Controls backs FY16 EPS view $3.70-$3.90, consensus $3.76
Estimated separation costs for Automotive Experience are $400M-$600M in fiscal 2016. Johnson Controls expects to resume its previously authorized share repurchase program in the second half of fiscal year 2016 and plans to repurchase $500M before the end of the fiscal year.
07:09 EDTJCIJohnson Controls sees Q2 EPS 80c-83c, consensus 82c
Subscribe for More Information
07:00 EDTJCIJohnson Controls reports Q1 adjusted EPS 82c, consensus 82c
Subscribe for More Information
05:54 EDTEMRStocks with implied volatility movement; EMR ABBV
Stocks with implied volatility movement; Emerson (EMR) 38, AbbVie (ABBV) 42 according to iVolatility.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use