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Emerson Electric Co (EMR.N)

EMR.N on New York Stock Exchange

55.48USD
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Latest Key Developments (Source: Significant Developments)

Emerson Electric Co to automate new high-efficiency unit at Tauron power plant in Poland
Monday, 30 Mar 2015 09:00am EDT 

Emerson Electric Co:Says awarded a $76 million contract to automate a new 910-MW generating unit at TAURON Wytwarzanie's power station in Jaworzno, Poland.Says unit will provide new generating capacity that meets stringent European Union emission targets.Says expected to go online in 2019, clean-coal generating unit will be based on ultra-supercritical technology, which enables highly efficient electricity generation with low emissions.  Full Article

Emerson Electric Co declares dividend
Tuesday, 3 Feb 2015 11:49am EST 

Emerson Electric Co:Declares the regular quarterly cash dividend of forty-seven cents ($0.47) per share of common stock.Payable March 10 to stockholders of record Feb. 13.  Full Article

Emerson Electric Co updates FY 2015 revenue outlook; gives FY 2015 EPS outlook above analysts' estimates
Tuesday, 3 Feb 2015 07:00am EST 

Emerson Electric Co:Expects FY 2015 underlying sales growth of 3 to 5 pct.Expects FY 2015 profitability to continue to improve modestly from favorable mix and accelerated restructuring.Expects FY 2015 reported earnings per share to be $4.50 to $4.60.Reports net sales of $24.5 bln in FY 2014.FY 2015 revenue of $24.4 bln, EPS of $3.92 - Thomson Reuters I/B/E/S.  Full Article

Emerson to sell Power Transmission Solutions Business to Regal Beloit Corp
Monday, 15 Dec 2014 07:00am EST 

Emerson Electric Co:Agrees to sell its Power Transmission Solutions business unit to Regal Beloit Corp.Transaction is valued at $1.44 bln.  Full Article

Emerson Electric Co increases quarterly cash dividend
Tuesday, 4 Nov 2014 10:36am EST 

Emerson Electric Co:To increase the quarterly cash dividend from 43 cents ($0.43) to 47 cents ($0.47) per share of common stock.Payable on Dec. 10 to stockholders of record Nov. 14.  Full Article

Emerson Electric Co gives FY 2015 guidance
Tuesday, 4 Nov 2014 07:00am EST 

Emerson Electric Co:Says that underlying sales are expected to grow between 4 and 5 percent in FY 2015, better than in FY 2014, with unfavorable currency translation and potential power transmission divestiture deducting 2 percent each, for reported sales change of 0 to 1 percent.Says that profitability is expected to continue to improve modestly for FY 2015.Reports net sales of $24.5 billion in FY 2014.FY 2015 revenue of $25.4 billion and net income of $2.812 billion - Thomson Reuters I/B/E/S.  Full Article

Emerson declares regular quarterly cash dividend
Tuesday, 5 Aug 2014 10:49am EDT 

Emerson Electric Co:Declares the regular quarterly cash dividend of $0.43 per share.Payable Sept. 10, to stockholders of record Aug. 15.  Full Article

Emerson Electric Co reaffirms FY 2014 guidance
Tuesday, 5 Aug 2014 07:00am EDT 

Emerson Electric Co:Expects FY 2014 underlying sales growth of 3 to 5 pct.Expects FY 2014 net sales of (1) to 1 pct.Expects FY 2014 earnings per share outlook at $3.68 to 3.80 on a reported basis.Reported revenue of $24.669 bln in FY 2013.FY 2014 revenue of $24.823 bln and EPS of $3.75 - Thomson Reuters I/B/E/S.  Full Article

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Exclusive: Emerson Electric in bid for Pentair's valves business - sources

U.S. factory automation equipment maker Emerson Electric Co has made an offer to acquire pump manufacturer Pentair Plc's troubled valves and controls division, according to people familiar with the matter.