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Emerson Electric Co

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  • Emerson Electric misses Street 2Q forecasts Tuesday, 5 May 2015 | 7:09 AM ET

    ST LOUIS _ Emerson Electric Co. on Tuesday reported fiscal second-quarter profit of $973 million. Emerson Electric expects full-year earnings to be $4.17 to $4.32 per share. Emerson Electric shares have dropped almost 4 percent since the beginning of the year, while the Standard& Poor's 500 index has increased nearly 3 percent.

  • WASHINGTON, April 16- Senior U.S. lawmakers reached agreement on Thursday on the wording of a bill aimed at giving the White House "fast track" authority to negotiate a Pacific trade pact that is central to President Barack Obama's strategic shift toward Asia. The Obama administration announced in late 2009 that it was entering TPP negotiations with Australia,...

  • The shooting of two police officers and a subsequent manhunt in Ferguson on Thursday have relit tensions that erupted in the St. Louis suburb after the fatal shooting of unarmed black teenager Michael Brown by white policeman Darren Wilson in August. The shooting came as local businesses and home owners were showing the first timid signs of hope that Ferguson...

  • NEW YORK, Feb 19- Diversified U.S. manufacturer Emerson Electric Co is "moving to being more of a buyer"- after shedding businesses worth $3.5 billion in recent years- and would consider multi-billion-dollar acquisitions, the company's president said on Thursday. Emerson is still exploring $500 million to $1 billion worth of divestitures to focus the business,...

  • Best income investments of 2015: Expert picks Tuesday, 3 Feb 2015 | 9:44 AM ET
    Investment options

    Looking for better returns in a volatile rate marketplace? Experts suggest looking carefully at corporate junk bonds and dividend stocks.

  • Feb 3- Factory automation equipment maker Emerson Electric Co's quarterly revenue fell slightly due to a strong dollar and divestitures, and the company said it now expected sales to fall 1-4 percent in 2015.. Emerson blamed a strong dollar, lower oil prices and weakness in Europe, Latin America and the Middle East and Africa region for its weak sales forecast.

  • Feb 3- Emerson Electric Co, a maker of factory automation equipment and power supply systems, reported a 13.6 percent rise in quarterly profit, helped by lower costs. Net earnings attributable to common shareholders rose to $525 million, or 75 cents per share, in the first quarter ended Dec. 31, from $462 million, or 65 cents per share, a year earlier.

  • Wild session ends with extension of last week's rout Monday, 15 Dec 2014 | 4:13 PM ET
    Traders on the floor of the New York Stock Exchange.

    Stocks ended lower Monday after the Dow traded in a more than 300-point range on either side of neutral.

  • Dec 15- Emerson Electric Co said it would sell its power transmission unit to Regal Beloit Corp, a maker of electric motors, for $1.44 billion as it streamlines its business. Regal Beloit's shares rose 6 percent premarket on Monday on the deal, the company's biggest acquisition. Regal Beloit was competing with ball bearings maker Timken Co, brake and clutch maker...

  • Early Movers: PETM, BOBE, JNPR, MSFT & more Monday, 15 Dec 2014 | 7:55 AM ET
    Traders work on the floor of the New York Stock Exchange on April 22, 2014

    Some of the names on the move ahead of the open.

  • Dec 15- Emerson Electric Co said it would sell its power transmission business to Regal Beloit Corp, a maker of electric motors, for $1.44 billion. The deal comprises $1.4 billion in cash and assumption of certain post-retirement liabilities, Emerson said. The unit had revenue of more than $600 million in 2014 and employed more than 3,000 people, the company said.

  • Putting good old boy network to the investor test Monday, 22 Sep 2014 | 8:00 AM ET
    Female executive going over documents with team

    The rise of mutual funds and ETFs focusing on workplace diversity strives to make the case that diversity excels in stock performance.

  • Midday movers: Family Dollar Stores, Target & More Tuesday, 5 Aug 2014 | 1:05 PM ET
    Traders on the floor of the New York Stock Exchange.

    Some of Tuesday's midday movers:

  • Cutting the mustard: Ex-Heinz CEO off to PE shop Wednesday, 2 Jul 2014 | 3:37 PM ET
    William Johnson in February, 2013.

    William Johnson, the former chairman, CEO and president of Heinz, is joining buyout shop Advent as a consultant.

  • Early movers: NKE, DD, PFE, GM, INTC, BMY & more Friday, 27 Jun 2014 | 7:33 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Cramer: Perfectly legal strategy for ducking taxes Monday, 16 Jun 2014 | 6:21 PM ET

    If anyone hates high taxes, it’s Jim Cramer. And he’s always looking for new ways to do something about them.

  • Early movers: MRK, GE, DTV, AIG, APC, CS & more Tuesday, 6 May 2014 | 7:54 AM ET
    Traders on the floor of the New York Stock Exchange on April 11, 2014

    Some of the names on the move ahead of the open.

  • The No. 1 sector for new dividend payers Monday, 28 Apr 2014 | 1:37 PM ET
    Composite Horizons, provider of advanced aerospace composites

    The industrial sector may be full of slow growers, but it's added more dividend-paying companies over the past decade than any other sector.

  • Why CEO 'supersalaries' may be out of control Monday, 14 Apr 2014 | 7:13 AM ET

    Corporate America’s well-oiled compensation machine is running like a dream.

  • This recurring pattern a buy signal, says Cramer Friday, 28 Feb 2014 | 6:54 PM ET

    Jim Cramer has spotted a recurring pattern in the market and when it presents itself, he looks at putting money to work.