Emerson Electric (EMR) Says Chinese Wind, Solar Markets in 'Nosedive' (TAN) (FAN)
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On its Q4 conference call, which is just beginning, an Emerson Electric (NYSE: EMR) exec has said while the company doesn't expect a US economic downturn over the next year, the Chinese wind and solar markets are in a "nosedive."
The Claymore/MAC Global Solar ETF (AMEX: TAN) is currently down 5.1 percent and the First Trust Global Wind Energy ETF (AMEX: FAN) is down 3.3 percent.
The Claymore/MAC Global Solar ETF (AMEX: TAN) is currently down 5.1 percent and the First Trust Global Wind Energy ETF (AMEX: FAN) is down 3.3 percent.
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