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NEW YORK & ST. LOUIS, May 31, 2023--Blackstone (NYSE: BX) and Emerson (NYSE: EMR) today announced that private equity funds managed by Blackstone ("Blackstone") have completed the previously announced acquisition of a majority stake in Emerson’s Climate Technologies business in a transaction valuing the business at $14.0 billion. This closing marks a significant milestone in the HVAC and refrigeration (HVACR) industry leader’s journey to advance the next generation of climate technologies.
Emerson (EMR) is well placed for growth owing to healthy demand across the process and hybrid end markets and improving supply chains.
EMR vs. KNYJY: Which Stock Is the Better Value Option?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Let's talk about the popular Emerson Electric Co. ( NYSE:EMR ). The company's shares received a lot of attention from a...
Key Insights Institutions' substantial holdings in Emerson Electric implies that they have significant influence over...
Emerson (EMR) is set to provide its automation technology and software to Syzygy as the latter aims for cost-effective decarbonization by electrifying carbon-intensive activities.
EMR vs. AOS: Which Stock Is the Better Value Option?
Emerson Electric Co.'s ( NYSE:EMR ) investors are due to receive a payment of $0.52 per share on 9th of June. Based on...
Emerson Electric Co. ( NYSE:EMR ) stock is about to trade ex-dividend in four days. The ex-dividend date occurs one day...
Key Insights Emerson Electric's estimated fair value is US$81.95 based on 2 Stage Free Cash Flow to Equity Emerson...
Emerson's (EMR) Q2 revenues increase 14% year over year, driven by solid segmental performance.
While the top- and bottom-line numbers for Emerson Electric (EMR) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Emerson Electric (EMR) delivered earnings and revenue surprises of 12.37% and 2.80%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Shares of the company were up 2.1% in premarket trading. Emerson now expects fiscal 2023 net sales growth between 9% and 10.5%, up from its previous guidance of between 8% and 10%. The St. Louis, Missouri-based company has been streamlining its operations over the past few years, including executing a string of deals, to capitalize on upbeat demand for industrial automation.
Nordson (NDSN) stands to benefit from robust demand in automotive, industrial and consumer nondurable product lines in the Industrial precision solution segment despite cost inflation.
Plug Power (PLUG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Emerson Electric (EMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Emerson's (EMR) Q2 performance is likely to have been aided by higher volumes and pricing. However, supply-chain woes within the Intelligent Devices might have hurt earnings.
Emerson Electric (EMR) closed at $85.59 in the latest trading session, marking a -0.01% move from the prior day.
Emerson Electric's (NYSE:EMR) stock up by 2.6% over the past month. Given that the market rewards strong financials in...
Here is your daily Pro Recap of the biggest analyst picks you may have missed since yesterday’s close: Nvidia's double upgrade, plus upgrades for Comcast, Emerson and more. HSBC upgraded Nvidia (NASDAQ:NVDA) to Buy from Reduce and raised its price target to $355.00 from $175.00. Earlier this month, BofA Securities reported that its Steam survey showed Nvidia's strong share gains are continuing, with the biggest takeaway being the company's surprising jump in GPU share to 82.6% of gamers, up 700bps month-on-month.
Here is your daily Pro Recap of the biggest head-turning deal dispatches you may have missed this week: reports of Exxon's buyout talks with Pioneer, plus Emerson's agreement to take out National Instruments, Teck Resources' rejection of Glencore's overtures, and more. Pioneer Natural Resources (NYSE:PXD) shares rose more than 5% on Monday following the Wall Street Journal's report that the company held “preliminary talks” with Exxon Mobil (NYSE:XOM) about a possible acquisition.
Today we're going to take a look at the well-established Emerson Electric Co. ( NYSE:EMR ). The company's stock saw...
Exxon Mobil, Pioneer Natural Resources, Emerson Electric and National Instruments are part of the Zacks Investment Ideas article.