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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...
Greentown Labs, the largest climatetech incubator in North America, today announced Emerson as its newest Terawatt Partner—the highest level of engagement with the incubator.
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.
Global technology and software company Emerson (NYSE: EMR) has been chosen by Syzygy Plasmonics to automate its innovative catalyst reactor technology that uses light instead of thermal energy, such as heat generated from burning fossil fuels, for chemical manufacturing. The all-electric production method is designed to replace fossil fuel-based combustion, helping reduce industrial greenhouse gas emissions and operational costs while advancing global sustainability goals. Syzygy estimates its r
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?
Emerson (NYSE: EMR) today reported results for its second quarter ended March 31, 2023 and updated its full year outlook for fiscal 2023, which are presented on a continuing operations basis. Emerson also declared a quarterly cash dividend of $0.52 per share of common stock payable June 9, 2023 to stockholders of record May 12, 2023.
Emerson (NYSE: EMR) today announced that Mike Baughman, vice president, controller and chief accounting officer, has been promoted to executive vice president and chief financial officer, effective May 10. He succeeds Frank Dellaquila, who will be retiring after 32 years with the company. To ensure a seamless transition, Dellaquila will serve as senior advisor to the CEO through Emerson's fiscal year end. Baughman will continue to serve as chief accounting officer for the company.
Emerson (NYSE: EMR) today announced the appointments of Leticia Gonçalves and Jim McKelvey to its Board of Directors, effective May 2, 2023. Upon the addition of Gonçalves and McKelvey, the Emerson Board will expand to 13 members.
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...