CEO David Farr

NEW YORK, Feb 14 (Reuters) – Industrial conglomerate Emerson Electric Co expects to step up both acquisitions and divestitures in the next four years and will increase investments in technology and emerging markets amid recession in Europe and slower growth in the United States and China.Read Full Story

Emerson Electric Co. (EMR), a diversified global technology company, engages in designing and supplying product technology and delivering engineering services to various industrial and commercial, and consumer markets worldwide. The company operates through five segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Appliance and Tools. The company is member of the S&P 500 and the S&P Dividend Aristocrats indexes. Emerson Electric Co. has paid...Read Full Story

Emerson Electric Co., is a diversified global technology company, that engages in designing and supplying product technology, as well as delivering engineering services and solutions to various industrial, commercial, and consumer markets worldwide. The company is a member of the dividend aristocrat index , having raised distributions for 53 consecutive years . Over the past decade this dividend growth stock has delivered an annual average total return of 7% to its shareholders. The stock is...Read Full Story

Feb 7 (Reuters) – Industrial conglomerate Emerson Electric Co reported lower quarterly sales and earnings as last year’s Thai floods disrupted supply chains and weak European economies hurt demand, but said it expected most of its pressures to be temporary.Read Full Story

Feb 7 (Reuters) – Emerson Electric Co reported lower-than-expected quarterly earnings as floods in Thailand disrupted supplies and weak European economies hurt demand.Read Full Story

NEW YORK ( Reuters ) - For years, low prices on China-sourced goods helped dampen inflation in the United States . Now China's efforts to boost domestic consumer spending, reducing reliance on exports, are leading to higher costs for multinationals that manufacture goods there. Eventually, China could export its inflation. Conglomerates ranging from Emerson Electric <EMR.N> to Honeywell International <HON.N> feel pressure on margins from double-digit wage increases in China. So have toymaker...Read Full Story

LONDON/ZURICH (Reuters) - British company Chloride <CHLD.L> is to start talks with Emerson Electric <EMR.N> after rival suitor ABB <ABBN.VX> pulled out in the face of an improved 997 million pounds ($1.5 billion) offer from the U.S. group. Emerson Electric raised its cash offer on Tuesday by more than a third to 375 pence a share, seeking to tempt the British maker of uninterruptible power supplies (UPS) away from an agreed 860 million pound deal with Swiss ABB. [ID:nLDE65S092] ABB said on...Read Full Story

British power supply company Chloride Group said Friday that it has accepted an improved takeover bid from U.S. competitor Emerson Electric Co. that values it at 997 million pounds ($1.5 billion). Chloride said its board unanimously recommended that shareholders accept Emerson's offer of 375 pence per share. Emerson clinched the deal after Swiss company ABB Ltd., which had offered 325 pence per share, said on Thursday that it would not match Emerson's offer. Chloride's board had previously...Read Full Story

Swiss power grid supplier ABB Ltd has agreed to buy Britain's Chloride Group PLC, potentially setting up a bidding war with rejected suitor Emerson Electric Co. ABB, the world's biggest supplier of power grids, said Tuesday it has agreed an 864 million pound ($1.25 billion) cash deal with London-based Chloride. Chloride had rejected a 723 million pounds ($1.1 billion) preliminary offer from St. Louis-based Emerson in April as too low. Under the ABB-Chloride deal, Chloride investors will...Read Full Story

Emerson is one of the best ways to play the recovery, says Mad Money's Cramer, because the company has a fantastic history of raising its dividend, with David Farr, Emerson Electric chairman/CEO. < Prev   Next >Read Full Story