News: Emerson Electric Co (EMR.N)

EMR.N on New York Stock Exchange

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Wed, Jul 31 2013

Schneider Electric agrees $5.2 billion takeover of Invensys

PARIS - France's Schneider Electric is to buy British engineer Invensys for an agreed 3.4 billion pounds ($5.2 billion) to strengthen its high-margin industrial automation business and win more custom in the fast-growing energy sector.

Emerson Electric sees signs of increased industrial demand

- Diversified U.S. manufacturer Emerson Electric Co met Wall Street profit forecasts for the first quarter and said it sees signs that demand for its industrial products may be picking up.

UPDATE 3-Emerson Electric sees signs of increased industrial demand

* First quarter profit of $0.62 per share meets Street view

Emerson Electric profit meets Wall Street target

- Diversified U.S. manufacturer Emerson Electric Co on Tuesday reported a 22.4 percent rise in first-quarter profit, helped by shipments of equipment that had been delayed by heavy flooding in Thailand in fall 2011.

Emerson Electric profit up 22 percent

Feb 5 - Diversified U.S. manufacturer Emerson Electric Co reported a 22.4 percent rise in quarterly profit on Tuesday, helped by shipments of equipment that had been delayed by heavy flooding in Thailand in fall 2011.

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