|Bid||0.00 x 800|
|Ask||74.68 x 1300|
|Day's Range||74.52 - 75.23|
|52 Week Range||55.39 - 75.54|
|Beta (3Y Monthly)||1.38|
|PE Ratio (TTM)||20.09|
|Forward Dividend & Yield||2.00 (2.66%)|
|1y Target Est||N/A|
TransAlta Corporation (TAC) has selected Emerson (EMR) as the main automation contractor in its planned conversions of coal-fired units to natural gas. The project is part of TransAlta’s $2 billion Clean Energy Investment Plan that will convert its existing coal assets in Alberta, Canada, to natural gas and extend its leadership in clean and renewable energy. The coal-to-gas (CTG) conversions at TransAlta’s Keephills and Sundance power plants will help to substantially reduce emissions while providing firm, clean, reliable electricity to Alberta.
The board of directors of Emerson today declared the regular quarterly cash dividend of fifty cents per share of common stock payable December 10, 2019 to stockholders of record November 15, 2019.
Emerson (EMR) today announced that its Board of directors has elected Mark Blinn, the former President and Chief Executive Officer of Flowserve Corporation, as an independent director. Blinn has more than 20 years of experience operating multi-industrial businesses in senior executive roles, as well as significant legal expertise and Board experience, including as a Lead Independent Director and Audit Committee Chair. “Mark has a breadth of knowledge in energy and automation end markets and expertise that spans across industries, and we are pleased to welcome him to our Board,” Chairman and Chief Executive Officer David N. Farr said.
ST. LOUIS-- -- Fourth quarter net sales of $5.0 billion increased 2 percent; underlying sales up 3 percent Fourth quarter EPS of $1.16 and full year $3.71 included discrete tax benefits of $0.09 and $0.14, respectively Fourth quarter operating cash flow of $1.2 billion, up 18 percent Full year operating cash flow of $3.0 billion; Free cash flow of $2.4 billion, net earnings conversion of 105 percent ...
If you’ve ever adjusted a thermostat at a holiday party to gain relief from sweating through a homemade reindeer sweater – you’re not alone. A new survey by heating and cooling technology leader Emerson (EMR) shines a light on the critical role of temperature and comfort during holiday gatherings. The survey found that nearly three out of five respondents (58%) say they have (or know someone who has) adjusted someone else’s thermostat during the holidays without telling them.
Emerson will report its fourth quarter and full year 2019 results prior to market open on Tuesday, November 5, 2019. Emerson senior management will discuss the results during an investor conference call that same day, beginning at 2:30 p.m.
Emerson has a strong track record of operational excellence and actions to enhance shareholder value. Since completing its repositioning in 2016, Emerson has grown both of its platforms at above market growth rates, increased its consolidated revenue at an 8% compounded annual growth rate, generated operating cash flow of more than $8 billion, and three-year TSR of 47%. Over the last five years, Emerson has divested over $6 billion in annual revenue, including Network Power, Control Techniques, and Leroy Somer.
Sensi releases new indoor air quality monitoring integration to enhance human comfort and health
Emerson (EMR) today announced that it is conducting a comprehensive review of the Company’s operational, capital allocation and portfolio initiatives to enhance shareholder value and position the Company for both near- and long-term success. Emerson’s Board will lead the evaluation, which will be supported by a leading consulting firm and independent legal and financial advisors. “Following discussions with our Board and management team over the course of this year, we have concluded that a thorough review of our cost structure, capital allocation, and portfolio will inform decisions that drive strong value creation for our shareholders in what we expect to be an uncertain environment,” said Chairman and Chief Executive Officer David N. Farr.
Martin S. Craighead, former chairman, president and CEO of Baker Hughes, has been elected to Emerson’s board of directors, Chairman and Chief Executive Officer David N. Farr announced today.
Emerson announced that today at 11:30 a.m. ET, Emerson Chairman and Chief Executive Officer David Farr will present at the Electrical Products Group Conference in Coral Gables, Fla. The presentation will not be webcast, but the presentation materials will be posted at that time on Emerson’s website at www.emerson.com/financial.
Emerson automation to improve operational efficiency, enhance cybersecurity for world’s largest chemical manufacturer
Emerson's Sensi™ Smart Thermostat Line Earns Frost & Sullivan Acclaim for Convenience, Cost Efficiency