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Emerson Electric Co (EMR.N)

EMR.N on New York Stock Exchange

69.62USD
16 Nov 2018
Change (% chg)

$0.81 (+1.18%)
Prev Close
$68.81
Open
$68.47
Day's High
$70.31
Day's Low
$68.45
Volume
1,641,089
Avg. Vol
801,120
52-wk High
$79.70
52-wk Low
$57.47

Latest Key Developments (Source: Significant Developments)

Emerson Names Lal Karsanbhai To Lead Automation Solutions Platform
Wednesday, 15 Aug 2018 

Emerson Electric Co ::EMERSON NAMES LAL KARSANBHAI TO LEAD AUTOMATION SOLUTIONS PLATFORM.EMERSON ELECTRIC CO - LAL KARSANBHAI WILL SUCCEED MICHAEL TRAIN TO BECOME EXECUTIVE PRESIDENT OF EMERSON AUTOMATION SOLUTIONS.  Full Article

Emerson President Edward Monser To Retire Oct. 1
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - Emerson Electric Co ::EMERSON PRESIDENT EDWARD L. MONSER TO RETIRE OCT. 1.EMERSON ELECTRIC - MICHAEL TRAIN, EXECUTIVE PRESIDENT OF AUTOMATION SOLUTIONS, NAMED MONSER'S SUCCESSOR.  Full Article

Emerson To Acquire Tools Business From Textron
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Emerson Electric Co ::EMERSON TO ACQUIRE TOOLS AND TEST EQUIPMENT BUSINESS FROM TEXTRON TO CREATE LEADING PORTFOLIO FOR THE PRO.EMERSON ELECTRIC CO - EXPECTS ACQUISITION TO BE ACCRETIVE TO EARNINGS IN FISCAL 2019 AND IMMEDIATELY ACCRETIVE TO CASH FLOW.EMERSON ELECTRIC CO - EMERSON EXPECTS ACQUISITION TO BE ACCRETIVE TO EARNINGS IN FISCAL 2019 AND IMMEDIATELY ACCRETIVE TO CASH FLOW.EMERSON ELECTRIC CO - DEAL FOR $810 MILLION.  Full Article

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

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 

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 

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 

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 

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 

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 

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

Deals of the day-Mergers and acquisitions

Oct 2 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: