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Emerson Electric Co (EMR.N)

EMR.N on New York Stock Exchange

69.28USD
20 Jul 2018
Change (% chg)

$-0.52 (-0.74%)
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$69.80
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Volume
523,492
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810,164
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$74.45
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$57.47

Latest Key Developments (Source: Significant Developments)

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

Emerson Electric files for potential mixed shelf offering
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Emerson Electric Co ::Emerson Electric Co files for potential mixed shelf offering; size not disclosed - SEC filing.  Full Article

Emerson proposes to acquire Rockwell Automation in cash and stock transaction valued at $29 billion
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Emerson Electric Co :Emerson proposes to acquire Rockwell Automation for $225 per share in cash and stock transaction valued at $29 billion.Emerson proposes to acquire Rockwell Automation for $225 per share in cash and stock transaction valued at $29 billion.Emerson Electric Co - new proposal ‍consists of $135 per share in cash and $90 per share in emerson shares​.Emerson Electric Co - ‍proposal is not subject to any financing contingency​.Emerson Electric Co - ‍portion of consideration to be paid in Emerson stock would result in Rockwell shareholders owning approximately 22 pct of combined co​.Emerson Electric Co - ‍estimate total capitalized value of synergies to be over $6 billion, equating to over $10/share of additional value to rockwell shareholders ​.Emerson Electric Co - ‍including value of synergies, Rockwell shareholders would receive $235 per share in total value​.Emerson Electric Co - ‍expect transaction would be accretive to adjusted EPS and free cash flow in year one​.Emerson Electric Co - ‍estimated synergies & operating efficiencies from deal would result in operating margin of about 20 pct as well as double-digit EPS growth​.Emerson Electric Co - Jpmorgan is "highly confident" that co can finance cash portion of proposed deal with combination of cash, newly issued debt​.  Full Article

BRIEF-Emerson Electric Q2 Gaap EPS $0.76 From Continuing Operations

* EMERSON REPORTS STRONG SECOND QUARTER 2018 RESULTS AND RAISES FULL-YEAR GUIDANCE