EMR News and Press, Emerson Electric Company From 11/01/22

Summary ABB's third quarter results included above-average revenue and order growth, as well as the best margins seen in many years as ABB leverages past self-improvement efforts. Cracks are emerging in the macro outlook, with short-cycle demand likely to fall next year and a paus...

Emerson Electric ( NYSE: EMR ) was downgraded to an investment rating of Hold from Buy by analysts at Deutsche Bank. They said Emerson’s agreement to sell a majority interest in its climate technologies business, which makes products for heating, ventilation and a...

Emerson Electric ( NYSE: EMR ) has completed the sale of its InSinkErator business to Whirlpool ( NYSE: WHR ) for $3B. Founded in 1938 and acquired by Emerson ( EMR ) in 1968, InSinkErator manufactures food waste disposers and instant hot water dispensers for h...

Whirlpool Corporation Completes Acquisition of InSinkErator PR Newswire BENTON HARBOR, Mich. , Nov. 1, 2022 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) today announced the completion of its acquisition of InSinkErator, the world's largest manufactur...

Emerson (NYSE: EMR) today announced it has completed the previously announced sale of its InSinkErator ® business to Whirlpool Corporation (NYSE: WHR) for $3.0 billion. InSinkErator, the world’s largest manufacturer of food waste disposers and instant hot water dispe...

Emerson Electric Co ( NYSE: EMR ) is in focus on Monday after Blackstone Inc ( NYSE: BX ) agreed to take a majority stake in its “Climate Technologies” business. Details of the agreement The deal values that standalone business that focuses on HVACR product...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: T. Schneider / Shutterstock TuSimple (NASDAQ: TSP ) stock is on the move Monday as investors react to the company removing CEO Dr. Xiaodi Hou. Let’s go over everything investors in TSP stock ne...

Investors were pleased to see the stock market do so well last week, but there's still a long way to go before anyone could come close to declaring an end to the bear market. Moreover, lasting momentum has been hard to come by. Wall Street seemed to have a case of the Monday blues to start ...

Emerson Electric ( NYSE: EMR ) rose 1.8% in premarket trading Monday after the industrial automation company beat Q3 earnings estimates and agreed to sell a majority interest in its climate technologies business to private-equity giant Blackstone ( NYSE: BX ). Emerso...

Summary October saw 17 dividend growth companies boost their dividend payouts, including well-known companies like McDonald’s and AbbVie. Including McDonald’s, double-digit boosts came from Brown & Brown and Lincoln Electric. Investors should see another 15 c...