whytestocks
4 years ago
News; $EMR 3 Underappreciated Value Stocks to Buy in October
Usually, people don't bust out the scary stuff until October, but in the stock market, it was late September that spooked investors, sending stocks on a screaming decline. But while other investors are running from the tricks this month, you should be on the lookout for treats in the form o...
Read the whole news EMR - 3 Underappreciated Value Stocks to Buy in October
fuzzy
7 years ago
ST. LOUIS (AP) _ Emerson Electric Co. (EMR) on Tuesday reported fiscal first-quarter earnings of $392 million.
On a per-share basis, the St. Louis-based company said it had net income of 61 cents. Earnings, adjusted for pretax gains, were 58 cents per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.
The maker of process controls systems, valves and analytical instruments posted revenue of $3.82 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $3.72 billion.
Emerson Electric expects full-year earnings to be $3.05 to $3.15 per share.
Emerson Electric shares have decreased roughly 2 percent since the beginning of the year, while the Standard & Poor's 500 index has declined almost 1 percent. The stock has risen 15 percent in the last 12 months.
fuzzy
8 years ago
Feb 7 (Reuters) - Emerson Electric Co reported a 20.5 percent rise in quarterly profit, helped by higher sales in its commercial and residential solutions business, which makes ignition systems for furnaces and air conditioning compressors.
The company's earnings from continuing operations rose to $370 million, or 56 cents per share, in the first quarter ended Dec. 31 from $307 million, or 46 cents per share, a year earlier. (http://bit.ly/2khitXI)
Net sales fell 3.6 percent to $3.22 billion.
fuzzy
9 years ago
7:05 am Emerson beats by $0.05, beats on revs; guides Q2 EPS in-line; reaffirms FY16 EPS guidance (EMR) :
β’Reports Q1 (Dec) earnings of $0.56 per share, excluding non-recurring items, $0.05 better than the Capital IQ Consensus of $0.51; revenues fell 15.6% year/year to $4.71 bln vs the $4.62 bln Capital IQ Consensus.
β’Co issues in-line guidance for Q2, sees EPS of $0.60-0.65 vs. $0.65 Capital IQ Consensus Estimate; sales for the second quarter are expected to decline 8-10% vs consensus of -10%.
β’Co reaffirms EPS guidance for FY16, sees EPS of $3.05-3.25 vs. $3.05 Capital IQ Consensus Estimate; reported sales for 2016 are still expected decline 6-9% vs prior guidance of down 6-8%.
buhg1b
17 years ago
Emerson Electric Earnings Conference Call (Q2 2008)
Scheduled to start Tue, May 6, 2008, 2:00 pm Eastern
http://biz.yahoo.com/cc/5/91745.html
After the event has finished, the audio will be available
from this page until Thu, May 7, 2009
buhg1b
17 years ago
Emerson Closes Aperture Acquisition
Tuesday March 25, 1:06 pm ET
Emerson Electric Closes Buyout of Software Maker Aperture, Terms Not Disclosed
STAMFORD, Conn. (AP) -- Electrical products maker Emerson Electric Co. has completed its acquisition of Aperture, a data center software provider, privately held Aperture said Tuesday.
Financial terms were not disclosed.
Aperture will now operate as an autonomous business division of Emerson Network Power, and will continue to be led by Bill Clifford.
Emerson's shares rose 79 cents to $51.53 in afternoon trading.
http://biz.yahoo.com/ap/080325/emerson_electric_aperture.html?.v=1
buhg1b
17 years ago
"Within the next two years, computer chips will be so small and so fast—and consequently so hot—that current methods of cooling will be inadequate.
Cooligy’s breakthrough active microstructure cooling method is the solution resulting in extremely low thermal resistance.
The Cooligy method, originally developed at Stanford University’s mechanical engineering department, uses common materials to produce a closed-loop cooling system for CPUs, ASICS, graphics chips, and the large programmable gate arrays.
The small size, light weight, and excellent thermal performance of the Cooligy system allow tighter packing of components on the circuit board and higher reliability of individual chips as well as the entire system. By contrast, large finned heat sinks or heat pipes based cooling systems are heavy, inefficient and inadequate to the working nerds of next generation of high performance chips.
Cooligy is currently designing and manufacturing products and subsystems for sale to large electronics manufacturers."
http://www.cooligy.com/technology.html