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Emerson Electric Co (EMR.N)

EMR.N on New York Stock Exchange

59.44USD
28 Mar 2017
Change (% chg)

$1.01 (+1.73%)
Prev Close
$58.43
Open
$58.42
Day's High
$59.67
Day's Low
$58.32
Volume
989,276
Avg. Vol
1,156,881
52-wk High
$64.36
52-wk Low
$48.45

Latest Key Developments (Source: Significant Developments)

Emerson Electric expects 2017 operating cash flow from cont ops to be about $2.5 bln - Conf Call
Tuesday, 7 Feb 2017 03:15pm EST 

Emerson Electric Co : FY 2017 operating cash flow from continuing operations expected to be about $2.5 billion, flat to the prior year- conf call . waiting for final approval from FTC on Pentair valves business acquisition, expecting approval "sometime in the next couple weeks" - conf call . expects firm-wide organic growth to turn positive in Q3 based on trend lines - conf call Further company coverage: [EMR.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

EMERSON ELECTRIC SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.48/SHR
Tuesday, 7 Feb 2017 01:35pm EST 

Emerson Electric Co :SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.48 PER SHARE.  Full Article

Emerson Electric posts qtrly adj. earnings $0.48
Tuesday, 7 Feb 2017 06:59am EST 

Emerson Electric Co : Qtrly net sales were $3.2 billion, down 4 percent . Emerson Electric Co - qtrly net sales were $3.2 billion, down 4 percent, or 3 percent on an underlying basis . Emerson Electric Co - qtrly earnings per share from continuing operations increased 22 percent to $0.56 . Emerson Electric Co - increasing our 2017 full-year EPS guidance by 12 cents at both top and bottom end of range . Q1 earnings per share view $0.42, revenue view $3.16 billion -- Thomson Reuters I/B/E/S . Emerson Electric Co - full-year net sales are expected to be down 1 to 3 percent . FY2017 earnings per share view $2.40, revenue view $14.63 billion -- Thomson Reuters I/B/E/S . Emerson Electric Co - sees FY 2017 underlying sales flat to down 2 percent excluding unfavorable currency translation of approximately 1 percent . Emerson Electric Co sees FY earnings per share from continuing operations to be $2.47 to $2.62 . Emerson Electric Co - qtrly EPS, including impact of discontinued operations, were $0.48 .Emerson Electric Co - "considering the first quarter results and recent order trends, we are raising our outlook for 2017".  Full Article

Nidec buys drive-motor and power generator business from Emerson Electric Co
Wednesday, 1 Feb 2017 01:52am EST 

Nidec Corp <6594.T>:Says it completed acquisition of drive-motor and power generator business from the U.S.-based firm Emerson Electric Co.  Full Article

Emerson Electric says underlying orders were flat, excluding unfavorable currency translation, for trailing three-month period
Thursday, 19 Jan 2017 06:51am EST 

Emerson Electric Co : Emerson Electric - trailing three-month orders decreased 4 percent as monthly orders continue to reflect "improving conditions in energy related markets" .Underlying orders were flat, excluding unfavorable currency translation, for trailing three-month period - sec filing.  Full Article

Emerson Electric continues to expect about 10 pct decline in Q1 sales
Tuesday, 20 Dec 2016 07:31am EST 

Emerson Electric Co : Underlying orders were down 5 percent with unfavorable currency translation of 2 percent from a stronger u.s. Dollar . Continue to expect an approximately 10 percent decline in sales in Q1 . Nov trailing three-month orders decreased 7 percent-sec filing .Emerson Electric Co - recent order trends support an expectation for mid-single digit sales growth in Q1.  Full Article

CCI approves acquisition of Emerson’s motors, drives & electric power generation biz by Nidec Corp
Wednesday, 14 Dec 2016 07:10am EST 

Competition Commission of India: CCI approves acquisition of Emerson’s motors, drives and electric power generation business by Nidec Corporation Further company coverage: [6594.T] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Emerson Electric increases quarterly cash dividend from $0.475 to $0.48 per share
Tuesday, 1 Nov 2016 10:16am EDT 

Emerson Electric Co : Emerson increases quarterly cash dividend .Sets quarterly cash dividend of $0.48 per share.  Full Article

Emerson secures metering management services contract with Nexen
Wednesday, 24 Aug 2016 10:00am EDT 

Emerson Electric: Emerson secures metering management services contract with Nexen .Nexen Petroleum U.K. has awarded emerson new five-year contract to provide metering management services for Nexen's UK operations.  Full Article

Emerson Electric to pay Pentair cash reverse termination fee if deal is terminated
Thursday, 18 Aug 2016 04:39pm EDT 

Emerson Electric Co :If deal is terminated under specified antitrust related circumstances, co to pay Pentair, cash reverse termination fee - SEC filing.  Full Article

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