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Rockwell Automation Inc (ROK.N)

ROK.N on New York Stock Exchange

194.36USD
17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Rockwell Automation to focus on its strategic plan after Emerson's bid - Conf call‍​
Wednesday, 8 Nov 2017 08:30am EST 

Nov 8 (Reuters) - Rockwell Automation Inc :Says would continue to execute on its strategic plan, referring to Emerson's interest in Rockwell.Says incentive compensation to be a modest headwind for FY 2018 Q1, while a year-over-year tailwind for overall fiscal 18.Says does not expect year-over-year EPS growth in Q1, partly due to unusually low tax rate last year‍​.Says China did about 12 percent of growth in FY17; expects China to be a little bit below at close to 10 percent in FY18.Says expects its automotive business to grow in low-single digits in FY18, below the company average.Says expects its consumer business to grow at about the company average, and heavy industry business to grow a little above.Sees broad-based recovery in heavy industries in FY18.Expects continued strong growth in powertrain and EV in FY18, despite overall automotive business growing in low single digits.  Full Article

Rockwell Automation reports Q4 EPS $1.57
Wednesday, 8 Nov 2017 07:00am EST 

Nov 8 (Reuters) - Rockwell Automation Inc :Rockwell automation reports fourth quarter and full year 2017 results.Q4 adjusted earnings per share $1.69.Q4 earnings per share $1.57.Q4 sales $1.668 billion versus I/B/E/S view $1.67 billion.Q4 earnings per share view $1.73 -- Thomson Reuters I/B/E/S.Rockwell automation reports fourth quarter and full year 2017 results.‍Fiscal 2018 EPS guidance: diluted EPS $7.09 - $7.39; adjusted EPS $7.20 - $7.50​.‍Architecture & software Q4 sales were $752.0 million, an increase of 8.0 percent​.‍Recorded $43.0 million of pre-tax restructuring charges ($30.7 million after tax or $0.24 per share) in Q4 of fiscal 2017​.Q4 ‍control products & solutions sales were $915.5 million, an increase of 8.7 percent compared to $842.2 million in same period last year​.‍Expect heavy industries to grow "a bit above company average, with good contribution from oil and gas​"."‍Also expect continued growth in consumer and transportation​".FY2018 earnings per share view $7.38 -- Thomson Reuters I/B/E/S.  Full Article

ROCKWELL AUTOMATION INVESTS IN AI FOR INDUSTRIAL AUTOMATION
Friday, 3 Nov 2017 10:58am EDT 

Nov 3 (Reuters) - Rockwell Automation Inc ::ROCKWELL AUTOMATION INVESTS IN ARTIFICIAL INTELLIGENCE (AI) FOR INDUSTRIAL AUTOMATION.ROCKWELL AUTOMATION - ‍ANNOUNCED ITS INVESTMENT IN HIVE, A SILICON VALLEY INNOVATION FUND AND CO-CREATION STUDIO​.  Full Article

Rockwell Automation ‍declares quarterly dividend of 83.5 cents/share
Wednesday, 1 Nov 2017 02:52pm EDT 

Nov 1 (Reuters) - Rockwell Automation Inc ::Rockwell Automation increases common stock dividend 10 percent to $3.34 annually.Says ‍declared a quarterly dividend of 83.5 cents per share on common stock, payable on Dec. 11, 2017​.  Full Article

Emerson says no discussions currently ongoing with Rockwell Automation
Tuesday, 31 Oct 2017 10:31am EDT 

Oct 31 (Reuters) - Emerson Electric Co ::Emerson confirms private offer made to Rockwell Automation.Confirmed that it made a private offer to Rockwell Automation proposing a combination of two companies​.Company's ‍proposal was rejected by Rockwell Automation and no discussions are currently ongoing between two companies​.  Full Article

Emerson Electric has made multiple offers for Rockwell Automation - CNBC
Tuesday, 31 Oct 2017 09:12am EDT 

Oct 31 (Reuters) - :Emerson Electric has made multiple offers for Rockwell Automation - CNBC, citing sources.Emerson Electric offer values Rockwell Automation at $27.6 billion - CNBC, citing sources.Rockwell Automation rebuffs offers from Emerson Electric - CNBC‍​.  Full Article

Takaoka Toko to sell entire stake in Reliance Electric for 2 bln yen
Friday, 29 Sep 2017 04:46am EDT 

Sept 29(Reuters) - Takaoka Toko Co Ltd <6617.T>:Says it will sell entire 80 percent stake in Reliance Electric Limited for 2 billion yen .Transaction date on Nov. 1.  Full Article

Rockwell Automation announces CEO Blake Moret to become chairman
Thursday, 7 Sep 2017 07:00am EDT 

Sept 7 (Reuters) - Rockwell Automation Inc :Rockwell Automation announces CEO Blake Moret to become chairman.‍Company will continue to have an independent lead director​.Moret succeeds Keith Nosbusch.  Full Article

Foxconn and Rockwell Automation enters into partnership
Friday, 28 Jul 2017 08:21am EDT 

July 28 (Reuters) - Hon Hai Precision Industry Co Ltd <2317.TW>-:Foxconn and Rockwell automation announce partnership to implement iiot solutions at Foxconn's consumer electronics assembly operations.Foxconn says co, rockwell automation will collaborate to develop and apply manufacturing solutions at foxconn's global electronics assembly operations​.  Full Article

Rockwell Automation Q3 adjusted earnings per share $1.76
Wednesday, 26 Jul 2017 07:23am EDT 

July 26 (Reuters) - Rockwell Automation Inc :Rockwell automation reports third quarter 2017 results.Q3 adjusted earnings per share $1.76.Q3 earnings per share $1.67.Q3 sales $1.599 billion versus i/b/e/s view $1.58 billion.Sees fy 2017 adjusted earnings per share $6.60 to $6.80.Sees fy 2017 sales about $6.3 billion.Q3 earnings per share view $1.64 -- Thomson Reuters I/B/E/S.Sees fy 2017 diluted eps $6.21 - $6.41.Sees fy organic sales growth of about 6%.Sees fy 2017 reported sales growth of 7 percent.Sees fy 2017 acquisitions impact of about 1.5%.Q3 total segment operating margin 21.1 percent versus 21.1 percent year ago.  Full Article

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Emerson sweetens bid for Rockwell Automation to $29 billion

U.S. industrial automation equipment company Emerson Electric Co raised its cash-and-stock offer to acquire Rockwell Automation Inc to $29 billion on Thursday, ratcheting up pressure on its smaller peer to engage in deal talks.