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Emerson Electric Co (EMR.N)

EMR.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Emerson And Total Sign Long-Term Global Agreement For Paradigm Exploration & Production Software Solutions
Monday, 5 Mar 2018 09:00am EST 

March 5 (Reuters) - Emerson Electric Co ::EMERSON AND TOTAL SIGN LONG-TERM GLOBAL AGREEMENT FOR PARADIGM EXPLORATION & PRODUCTION SOFTWARE SOLUTIONS.EMERSON - ‍ AGREEMENT TO PROVIDE ALL TOTAL GEOSCIENTISTS WITH ACCESS TO CO'S PARADIGM E&P SOFTWARE PORTFOLIO​.  Full Article

Emerson And Aspentech To Form Alliance To Deliver Digital Technologies
Monday, 12 Feb 2018 09:00am EST 

Feb 12 (Reuters) - Aspen Technology Inc ::EMERSON SAYS CO AND ASPENTECH FORM ALLIANCE TO DELIVER DIGITAL TECHNOLOGIES.EMERSON SAYS TEAMED UP TO DELIVER ASSET OPTIMIZATION SOFTWARE SOLUTIONS ALONG WITH GLOBAL AUTOMATION TECHNOLOGIES & OPERATIONAL CONSULTING SERVICES.  Full Article

Emerson Raises Full-Year Sales And EPS Forecasts
Tuesday, 6 Feb 2018 07:07am EST 

Feb 6 (Reuters) - Emerson Electric Co ::EMERSON REPORTS FIRST QUARTER 2018 RESULTS AND RAISES FULL-YEAR SALES AND EPS GUIDANCE.QTRLY NET SALES OF $3.8 BILLION INCREASED 19 PERCENT, OR 7 PERCENT ON AN UNDERLYING BASIS.TOTAL EMERSON NET SALES IN 2018 NOW EXPECTED TO BE UP 11 TO 13 PERCENT WITH UNDERLYING SALES UP 5 TO 7 PERCENT.QTRLY GAAP EPS FROM CONTINUING OPERATIONS $0.61.INCREASING 2018 GAAP EARNINGS PER SHARE GUIDANCE TO $3.05 TO $3.15.FIRST QUARTER RESULTS ALSO INCLUDED A PROVISIONAL NET TAX BENEFIT OF $0.07.SEES 2018 ADJUSTED EARNINGS PER SHARE GUIDANCE OF $2.75 TO $2.95.2018 TOTAL EMERSON NET SALES ARE NOW EXPECTED TO BE UP 11 PERCENT TO 13 PERCENT.EMERSON ELECTRIC - INCREASING 2018 GUIDANCE BASED ON STRONGER OPERATIONAL PERFORMANCE, INCREASED SHARE REPURCHASES, FAVORABLE IMPACT OF THE TAX ACT.FY2018 EARNINGS PER SHARE VIEW $3.00 -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE VIEW $0.55, REVENUE VIEW $3.72 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Emerson Electric Co Says Total Emerson Orders For ‍Trailing 3-Month Period Ended November Were 15 To 20
Wednesday, 20 Dec 2017 07:27am EST 

Dec 20 (Reuters) - Emerson Electric Co ::EMERSON ELECTRIC CO SAYS TOTAL EMERSON ORDERS FOR ‍TRAILING 3-MONTH PERIOD ENDED NOVEMBER 2017 WERE 15 TO 20 - SEC FILING.  Full Article

Emerson Agrees To Acquire Cooper-Atkins
Wednesday, 20 Dec 2017 07:11am EST 

Dec 20 (Reuters) - Emerson Electric Co ::EMERSON AGREES TO ACQUIRE COOPER-ATKINS.EMERSON ELECTRIC CO - DEAL IS EXPECTED TO CLOSE WITHIN NEXT 60 DAYS, SUBJECT TO REGULATORY APPROVALS.  Full Article

Emerson Electric Says CEO D.N. Farr's FY 2017 Total Compensation Was $12.5 Mln
Friday, 15 Dec 2017 11:45am EST 

Dec 15 (Reuters) - Emerson Electric Co ::CFO F. J. DELLAQUILA'S FY 2017 TOTAL COMPENSATION WAS $6.1 MILLION VERSUS ABOUT $6 MILLION IN FY 2016 - SEC FILING.CHAIRMAN OF BOARD AND CEO D.N. FARR'S FY 2017 TOTAL COMPENSATION WAS $12.5 MILLION VERSUS $15.1 MILLION IN FY 2016 - SEC FILING.  Full Article

Emerson Electric To Continue To Focus On Small Bolt-On Acquisitions - CEO
Tuesday, 28 Nov 2017 10:59am EST 

Nov 28 (Reuters) - Emerson Electric Co ::WE'LL CONTINUE TO FOCUS ON SMALL BOLT-ON ACQUISITIONS - CEO ON CONF CALL‍​.TRYING TO BUILD OUT STRONG POSITION IN HYBRID AND DISCRETE SPACE BUT DECLINES TO GIVE NAMES - CEO ON CONF CALL‍​.EMERSON ELECTRIC - TO CLOSE PARADIGM DEAL IN NEXT COUPLE OF DAYS, TO CLOSE BOLT-ON DEAL IN COMMERCIAL & RESIDENTIAL SOLUTIONS AREA IN 30-40 DAYS.EXPECT Q1 TO HAVE PRETTY GOOD GROWTH BOTH IN ORDERS AND ALSO SALES‍​ - CONF CALL.EMERSON ELECTRIC CEO SAYS WILL GIVE MORE UPDATE IN FEBRUARY AT INVESTORS CONFERENCE IN NEW YORK.STILL EXPECT TO HIT $2.8-PLUS BILLION IN OPERATING CASH FLOW FOR FISCAL 2018‍​ - CONF CALL.EMERSON ELECTRIC CEO SAYS ORDER PATTERN SHOWS AUTOMATION BUSINESS MARKET CONTINUED TO DO WELL IN NORTH AMERICA.EMERSON ELECTRIC CEO SAYS SEES "A LOT OF INVESTMENTS" GOING ON IN OIL AND GAS, UPSTREAM AND MIDSTREAM, AND CHEMICALS IN NORTH AMERICA.EMERSON ELECTRIC CEO SAYS FINALLY STARTING TO SEE SOME ORDER RECOVERY OFF VERY LOW BASE IN LATAM, PARTICULARLY AROUND MEXICO.EMERSON ELECTRIC CEO SAYS EXPECTS MORE SMALL AND MEDIUM PROJECTS IN ASIA, NOT SEEING LARGE PROJECTS AT THIS TIME.EMERSON ELECTRIC CEO SAYS STILL EXPECTS 8-10 PERCENT ORDER GROWTH RATE FOR ASIA PACIFIC AT THIS TIME.EMERSON ELECTRIC CEO SAYS NOT LOOKING FOR A PORTFOLIO BREAKUP.EMERSON ELECTRIC CEO SAYS "CLEARLY, THE ROCKWELL OPPORTUNITY IS DEAD, AND WE'RE MOVING ON".EMERSON ELECTRIC CEO SAYS WOULD BE INTERESTED IN SOME GE ASSETS IF GE LOOKS TO SELL.  Full Article

Emerson Withdraws Proposal To Acquire Rockwell Automation
Tuesday, 28 Nov 2017 06:55am EST 

Nov 28 (Reuters) - Emerson Electric Co ::EMERSON WITHDRAWS PROPOSAL TO ACQUIRE ROCKWELL AUTOMATION FOR $225 PER SHARE.EMERSON ELECTRIC CO - ‍PLAN TO ACCELERATE REPURCHASES OVER NEXT MONTH AND BUY BACK UP TO $1 BILLION OVER NEXT 12 MONTHS​.EMERSON ELECTRIC CO - ‍"WE REMAIN CONFIDENT IN STRATEGIC PLANS WE HAVE IN PLACE"​.EMERSON - HAS WITHDRAWN ITS PROPOSAL TO BUY ROCKWELL AUTOMATION FOR $225/SHARE DUE TO ROCKWELL BOARD'S CONTINUED "UNWILLINGNESS" TO ENGAGE IN TALKS.EMERSON ELECTRIC - ‍"MANAGEMENT BELIEVES COMPANY'S SHARES ARE AN ATTRACTIVE INVESTMENT OPPORTUNITY​".  Full Article

Emerson Electric Says David Farr's FY 2017 Total Compensation Was $12.55 Mln
Monday, 27 Nov 2017 04:23pm EST 

Nov 27 (Reuters) - Emerson Electric Co ::EMERSON ELECTRIC CO SAYS DAVID FARR'S FY 2017 TOTAL COMPENSATION WAS $12.55 MILLION VERSUS $15.14 MILLION IN FY 2016 - SEC FILING‍​.EMERSON ELECTRIC CO SAYS CFO F. J. DELLAQUILA'S FY 2017 TOTAL COMPENSATION WAS $6.1 MILLION VERSUS $5.97 MILLION IN FY 2017.  Full Article

Rockwell rejects takeover offer from Emerson
Wednesday, 22 Nov 2017 07:00am EST 

Nov 22 (Reuters) - Rockwell Automation Inc :Rockwell Automation board of directors unanimously rejects unsolicited proposal from Emerson.Rockwell Automation Inc - ‍"Board determined proposal is not in best interests of company and its shareowners"​.Rockwell Automation - ‍ Board thoroughly considered Emerson's Nov 16, 2017 proposal and has unanimously determined it is not in best interests of co​.  Full Article

BRIEF-Emerson To Acquire Tools Business From Textron

* EMERSON TO ACQUIRE TOOLS AND TEST EQUIPMENT BUSINESS FROM TEXTRON TO CREATE LEADING PORTFOLIO FOR THE PRO