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  • Net earnings attributable to Emerson's common shareholders fell to $349 million, or 53 cents per share, from $525 million, or 75 cents per share, a year earlier. Excluding items, Emerson earned 56 cents per share, compared with the average Wall Street estimate of 51 cents. St. Louis, Missouri- based Emerson forecast adjusted earnings of 60- 65 cents per share for its...

  • Emerson Electric tops Street 1Q forecasts Tuesday, 2 Feb 2016 | 7:15 AM ET

    ST LOUIS _ Emerson Electric Co. on Tuesday reported fiscal first-quarter net income of $349 million. For the current quarter ending in April, Emerson Electric expects its per-share earnings to range from 60 cents to 65 cents. Emerson Electric shares have dropped roughly 5 percent since the beginning of the year, while the Standard& Poor's 500 index has declined...

  • WASHINGTON, Feb 1- The Pentagon's next five-year budget proposal seeks over $13 billion in funding for a new submarine to carry nuclear ballistic missiles, plus orders for more Boeing Co and Lockheed Martin Corp fighter jets, according to sources familiar with the plans. Over the next five years, the Navy would spend over $4 billion on research and development of...

  • Legget & Platt tops 4Q profit forecasts Monday, 1 Feb 2016 | 4:26 PM ET

    CARTHAGE, Mo. _ Leggett& Platt Inc. on Monday reported fourth-quarter earnings of $80.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. Three analysts surveyed by Zacks expected $994.7 million.

  • DIARY-Top Economic Events to Feb 11 Thursday, 28 Jan 2016 | 7:01 PM ET

    SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in panel before the Commonwealth Club, Bank of America Merrill Lynch Walter E. Hoadley Annual Economic Forecast event- 2030 GMT. PRAGUE- European Commission Vice President Valdis Dombrovskis, Slovak Finance Minister Peter Kazimir, Czech central bank Governor...

  • Jan 28- The U.S. Centers for Disease Control and Prevention said three more people have been reported ill due to a multi-state listeria outbreak linked to packaged salads produced by Dole Food Company Inc.. The people who were reported ill were from Connecticut, Missouri, and New York, the CDC said. Dole Food on Wednesday voluntarily recalled all salad mixes...

  • Chief Executive Michael Neidorff said the drives contained data that was part of a project where laboratory results were used to improve the health outcomes of their members. The missing data from the hard drives included the names, addresses, dates of birth, Social Security numbers, member identification numbers and health information of patients who...

  • Jan 25- Healthcare IT company Cerner Corp's Chief Executive, Neal Patterson, said he had been diagnosed with a curable soft tissue cancer and that he planned to start treatment immediately. The Kansas City, Missouri- based company's shares were down about 1.27 percent at $56.65 on Monday. JPMorgan Chase& Co CEO Jamie Dimon revealed in July 2014 that he had a curable...

  • UPDATE 1-Cerner CEO diagnosed with cancer - WSJ Monday, 25 Jan 2016 | 10:28 AM ET

    Jan 25- Healthcare IT company Cerner Corp Chief Executive Neal Patterson has been diagnosed with soft tissue cancer and plans to start treatment immediately while continuing to stay involved in the business, the Wall Street Journal reported. Kansas City, Missouri- based Cerner did not immediately respond to Reuters' request for comment.

  • Cerner CEO diagnosed with cancer - WSJ Monday, 25 Jan 2016 | 9:47 AM ET

    Jan 25- Healthcare IT company Cerner Corp's chief executive, Neal Patterson, has been diagnosed with soft tissue cancer and plans to start treatment immediately, the Wall Street Journal reported on Monday. The type of cancer Patterson has is curable, and there isn't any evidence of it spreading anywhere else in his body, the Journal reported, citing a note the CEO...

  • WASHINGTON, Jan 20- The U.S. regulator that polices the complex derivatives markets is struggling to keep its own books in order and has made a material error that its auditor found so significant that it withdrew nearly a decade of its financial opinions, according to documents seen by Reuters. The Commodity Futures Trading Commission understated...

  • WASHINGTON, Jan 20- The U.S. regulator that polices the complex derivatives markets is struggling to keep its own books in order and has made a material error that its auditor found so significant that it withdrew nearly a decade of its financial opinions, according to documents seen by Reuters. The Commodity Futures Trading Commission understated...

  • TREASURIES-Bond prices dip on positive Chinese trade data Wednesday, 13 Jan 2016 | 11:33 AM ET

    NEW YORK, Jan 13- U.S. "The Treasury market has taken a cue more from Chinese markets than Chinese data," said Dan Heckman, senior fixed income strategist at U.S. Bank Wealth Management in Kansas City, Missouri.

  • CHICAGO, Jan 11- Arch Coal, the second-largest U.S. coal miner, filed for Chapter 11 bankruptcy protection on Monday with a plan to cut $4.5 billion in debt from its balance sheet in the midst of a prolonged downturn in the coal industry. Missouri- based Arch Coal has been saddled with debt since its $3.4 billion acquisition of International Coal Group in 2011, which...

  • UPDATE 1-Arch Coal files for bankruptcy Monday, 11 Jan 2016 | 3:26 AM ET

    Jan 11- Arch Coal Inc, the second-largest coal miner in the United States, and its domestic subsidiaries filed for Chapter 11 bankruptcy to facilitate a restructuring with a group of lenders that hold more than 50 percent of its debt, the company said. The Missouri- based company was widely expected to go bankrupt after delaying a $90 million interest payment due...

  • NEW YORK, Jan 10- The average price of a gallon of regular-grade gasoline in the United States fell 1 cent over the past three weeks to $2.05, according to a Lundberg survey released on Sunday. The price was 15 cents lower than this time last year and nearly the lowest in seven years as the tumbling price of oil continues to drag prices downward, said survey publisher...

  • NEW YORK, Jan 8- Investors who were bloodied in the year-opening stock rout will be hard pressed to find any salve next week. With prospects dimming for a strong start to earnings season, and worries about slow growth in China continuing to overhang the market, even a price-driven rally may not last beyond a day or three, say longtime market watchers.

  • *December nonfarm payrolls 292,000 vs 200,000 est. *Unemployment rate holds steady at 5 pct. Jan 8- Wall Street was set to open higher on Friday as Chinese stocks recovered, oil prices clawed back and data showed robust job growth in the United States.

  • Jan 6- Macy's Inc said it would cut jobs and consolidate operations after reporting disappointing holiday sales, highlighting the department store chain's struggles to attract customers. Also, Amazon.com Inc has revolutionized shopping habits, conditioning shoppers to expect deeper discounts than what brick-and-mortar retailers can afford.

  • Jan 6 (Reuters)- Monsanto Co said a souring farm economy and currency woes will push its 2016 earnings to the lower end of expectations, while a cost-cutting drive will lead the world's largest seed company to slash more jobs. However, Monsanto's recent attempts to re-engage Syngenta AG about a potential takeover have been difficult since the Swiss agrochemical...