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In what it termed a “restructuring of its supply-chain operations,” Ferguson-based Emerson Electric last week informed 330 employees in its transportation division that they will be out of a job by year’s end. Full Article at St. Louis Post-Dispatch
Income stocks are not necessarily growth stocks. But the characteristics of winning growth stocks can be a plus for any stock type. Manufacturer Dover (DOV) doesn't meet growth-stock criteria, with modest three-year sales and earnings growth rates. Full Article at Investor's Business Daily
US engineering company Emerson Electric said that it has agreed to acquire network equipment technology provider Avocent, in a transaction that will strengthen its ability to deliver total infrastructure management to its data centre customers around... Full Article at Computer Business Review
ST. LOUIS (AP) The Emerson Electric Company, the manufacturing and technology services company, said Tuesday that it had agreed to buy the Avocent Corporation for about $1.2 billion in cash, a move the company says will offer customers better... Full Article at International Herald Tribune
Emerson Electric Company (EMR) is a diversified global manufacturing and technology company. Full Article at iStockAnalyst
Wells Fargo initiates coverage on Emerson Electric (NYSE: EMR) with an Outperform rating. Full Article at Street Insider
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