Cowen Cuts Price Target on Emerson Electric (EMR) Following 3Q

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Go back to Cowen Cuts Price Target on Emerson Electric (EMR) Following 3Q

Emerson Declares Dividend

August 4, 2015 11:31 AM EDT

ST. LOUIS--(BUSINESS WIRE)-- The board of directors of Emerson (NYSE: EMR) today declared the regular quarterly cash dividend of forty-seven cents ($0.47) per share of common stock payable September 10, 2015, to stockholders of record August 14, 2015.

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Emerson Reports Third Quarter 2015 Results

August 4, 2015 7:00 AM EDT

Net sales of $5.5 billion decreased 13 percent, with underlying sales down 5 percent Average trailing three-month underlying order rates for the previous four months were down 9 percent Reported earnings per share decreased 18 percent to $0.84 Share repurchase of $639 million in the quarter

ST. LOUIS--(BUSINESS WIRE)-- Emerson (NYSE: EMR) today announced that net sales in the third quarter ended June 30, 2015 were down 13 percent, with underlying sales down 5 percent excluding unfavorable currency translation of 5 percent and an impact... More