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Emerson Electric Co

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  • Emerson Electric will spin off network power business Tuesday, 30 Jun 2015 | 12:51 PM ET

    NEW YORK— Emerson Electric plans to spin off its network power business as a separate publicly-traded company, and will consider options for several other businesses. Emerson Electric is planning a tax-free spinoff of the network power business, which provides thermal management, power, transfer switches, services and infrastructure management for the...

  • June 30- U.S. factory automation equipment maker Emerson Electric Co said it planned to spin off its network power business as part of its efforts to focus on high-growth businesses. Some of Emerson's network power business brands include Emerson Network Power, Aperture, Avocent and Chloride. The company sold its power transmission unit, which made couplings,...

  • Emerson Electric to spin off network power business Tuesday, 30 Jun 2015 | 6:18 AM ET

    June 30- U.S. factory automation equipment maker Emerson Electric Co it plans to spin off its network power business into a publicly traded company as part of its efforts to focus on its high-growth businesses. Emerson also said it would explore "strategic alternatives" for its motors and drives, power generation and remaining storage businesses.

  • *Faces slowdown in China, drop in oil& gas industry spend. ZURICH, June 23- ABB faces "hard weather sailing" in key businesses due to a second-quarter slowdown in several of its major markets, the Swiss power and automation group's chief executive warned in an interview with Reuters on Tuesday. Zurich- based ABB said a significant slowdown in China, a sharp drop in...

  • 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,...

  • These stocks may be primed for a bounce Tuesday, 7 Apr 2015 | 10:45 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Earnings season does not look good, but are some stocks washed out and ready to bounce?

  • Cramer: Weak employment? Yipee! 4 benefits for you Monday, 6 Apr 2015 | 6:13 PM ET
    Recruiters speak with job seekers during a career fair at the San Francisco State University in San Francisco.

    Jim Cramer jumped for joy when he saw the weak employment number on Friday, and investors can now reap the benefits.

  • 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...

  • The 5 best ideas on Wall Street this week Friday, 27 Feb 2015 | 1:53 PM ET
    Traders work on the floor of the New York Stock Exchange.

    CNBC Pro highlights the five best strategy notes that came across our desk on the week.

  • 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.

  • 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.

  • 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.