Wednesday, April 7, 2010 as of 11:14 AM ET
Emerson Electric Company () is a major multinational corporation headquartered in Ferguson, Missouri, United States.
Read More at Wikipedia ›Eaton Corp.
(ETN) plans to acquire electrical equipment maker Cooper Industries PLC (CBE) in an $11.8 billion cash-and-stock deal that will expand Eaton's power management and electrical products businesses.Cooper shareholders would receive $72 a share in cash and stock, a 29% premium to Friday's closing price. The stock, which has never traded above the offer price, ended Monday's regular trading session up 25% at $69.88 a share.The deal received the backing of both boards, but the tie-up faces approval from shareholders of both companies as well as regulators. Eaton expects the deal to close this fall."The combination of these two businesses creates an enterprise of real size and capability," said Eaton Chairman and Chief Executive Alexander Cutler on conference call Monday. "We've known one another as companies for many, many years. We're all convinced this is a very, very powerful combination."Cutler will led the combined company, which will be called Eaton Global Corp. and incorpo...Emerson Electric shares fell 4% to $51.30 Tuesday morning after the maker of factory automation equipment pared its sales and profit outlook for fiscal 2012. Emerson...
Emerson Electric Co. said on Tuesday that flooding in Thailand contributed to the firm's 23% fiscal first-quarter profit drop, to $371 million, or 50 cents a share, ...
Emerson Electric Co. Tuesday reported a 23% decline in fiscal first-quarter earnings, as flooding in Thailand disrupted the supply chain and affected results in the ...
By Nick ZieminskiNEW YORK (Reuters) - For years, low prices on China-sourced goods helped dampen inflation in the United States. Now China's efforts to boost domesti...
By Scott Malone and Mike TarsalaBOSTON/NEW YORK (Reuters) - Weakening demand in the United States and Europe has spooked some in corporate America, prompting big com...
FBN’s Neil Cavuto on the myths and lies of the debt negotiations.
By Scott MaloneBOSTON (Reuters) - Corporate America's hopes for a second-half pickup in the U.S. economy dimmed on Wednesday, as companies from Emerson Electric Co <...
By Nick ZieminskiNEW YORK (Reuters) - U.S. manufacturers are entering an period where growth is more muted, profit margins are harder to raise and earnings beats are...
By Herbert LashNEW YORK (Reuters) - A few strong data points was all Wall Street needed to rally on Thursday, but on Main Street caution is still king and dividend-p...
Swiss engineering group ABB is to buy U.S. industrial motors firm Baldor Electric Co (NYSE:BEZ) for $3.1 billion to capitalize on a global push for energy efficiency...
November 29, 2010 04:25 PM UTC by Liz Claman65 Companies Citi's Levkovich Says Show Him Emerging Markets Might Be OverdoneCitigroup’s Investment Research Chief U.S. ...
FBN's Liz MacDonald breaks down the regulations the tech-sector want repealed
FiREapps CEO Wolfgang Koester on investing and how currency swaps are impacting stocks.
There are a few stocks down on high volume today:Herbalife (NYSE:HLF) is trading down on a volume of 7.8 million, or 4.6 times its average daily volume. Trading at $...
DOW JONES NEWSWIRESJohnson Controls Inc.'s (JCI) fiscal second-quarter earnings rose 2.8%, thanks in part to a sale-related gain, though sales grew slightly slower t...
Schwartz Investment Counsel CEO George Schwartz on the criteria used to choose stocks for the Ave Maria Mutual Funds.
S&P Chief Investment Strategist Sam Stovall and Wells Fargo Chief Economist John Silvia on the outlook for the markets and economy and the impact of Spain on the U.S. economy.
Campbell Wealth Management CEO Kelly Campbell explains why he is favoring the cyclical sectors.
Emerson Electric Co reported lower-than-expected quarterly earnings as floods in Thailand disrupted supplies and weak European economies hurt demand. The industrial ...
