Breaking News Instant updates and real-time market news.

EMR

Emerson

$67.29

0.08 (0.12%)

10:42
10/15/19
10/15
10:42
10/15/19
10:42

Emerson says will 'carefully evaluate' D.E. Shaw's proposals

Emerson confirmed receipt of a letter to Emerson's board of directors and presentation from D.E. Shaw. The company noted that on Oct. 1, Emerson announced that it is conducting a comprehensive review of operational, capital allocation and portfolio initiatives to enhance shareholder value and position the company for both near- and long-term success. Emerson Chairman and CEO David Farr said: "Emerson was one of the first industrial companies to address concerning trends in the macroeconomic environment, and we've announced increased restructuring actions since May to proactively manage our cost structure. The Board of Directors has been focused on this issue over the course of the year and concluded that a thorough review will inform decisions that drive strong value creation for our shareholders in what we expect to be an uncertain environment." Clemens A.H. Boersig, Lead Independent Director, added: "Emerson maintains an open dialogue with all shareholders and welcomes their input on potential opportunities to enhance shareholder value. We will carefully evaluate D.E. Shaw's proposals as we continue to assess value-creation opportunities."

  • 05

    Nov

EMR Emerson
$67.29

0.08 (0.12%)

08/13/19
ARGS
08/13/19
DOWNGRADE
ARGS
Hold
Emerson downgraded to Hold from Buy at Argus
08/13/19
08/13/19
DOWNGRADE

Hold
Emerson downgraded to Hold from Buy at Argus
As previously reported, Argus analyst John Eade downgraded Emerson to Hold after its recent disappointing Q3 results, with earnings rising at a slower pace relative to prior quarters orders tracking weak. The analyst also points to the stock underperforming over the past quarter while trading in a bearish pattern of lower highs and lower lows that dates to October 2018. Ease still expects Emerson to generate high single-digit earnings and 3-4% revenue growth with margin improvement over the longer term, but sees its near-term trends challenged by slower sales and compressing margins from acquisition integration and tariffs.
09/30/19
RBCM
09/30/19
UPGRADE
Target $77
RBCM
Outperform
Emerson upgraded to Outperform from Sector Perform at RBC Capital
RBC Capital analyst Deane Dray upgraded Emerson Electric to Outperform from Sector Perform and raised his price target for the shares to $77 from $65.
09/30/19
09/30/19
UPGRADE
Target $77

Outperform
Emerson upgraded to Outperform from Sector Perform at RBC Capital
As previously reported, RBC Capital analyst Deane Dray upgraded Emerson Electric to Outperform from Sector Perform and raised his price target for the shares to $77 from $65. The analyst cites the stock's relative earnings multiple being at the bottom of its historical range, with added upward bias coming from the company's quality cyclical exposure and his ongoing "75% defensive sector weighting". Dray further speculates that Emerson Electric CEO Dave Farr may push for a break-up of the company prior to his expected retirement in FY21-22, unlocking shareholder value.

TODAY'S FREE FLY STORIES

12:20
11/14/19
11/14
12:20
11/14/19
12:20
General news
Treasury Action: yields have continued to drift lower »

Treasury Action: yields…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
11/14/19
11/14
12:17
11/14/19
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
11/14/19
11/14
12:16
11/14/19
12:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

12:15
11/14/19
11/14
12:15
11/14/19
12:15
Conference/Events
Federal Reserve Bank of St. Louis president speaks at a luncheon »

St. Louis Federal Reserve…

12:10
11/14/19
11/14
12:10
11/14/19
12:10
General news
Fed Chair Powell has concluded day 2 testimony »

Fed Chair Powell has…

KKR

KKR

$29.68

0.3 (1.02%)

, DIS

Disney

$147.85

-0.84 (-0.56%)

12:09
11/14/19
11/14
12:09
11/14/19
12:09
Hot Stocks
'Fortnite' streamer Ewok moving to Microsoft's Mixer from Amazon's Twitch »

Soleil "Ewok"…

KKR

KKR

$29.68

0.3 (1.02%)

DIS

Disney

$147.85

-0.84 (-0.56%)

TCEHY

Tencent

$0.00

(0.00%)

MSFT

Microsoft

$147.39

0.06 (0.04%)

AMZN

Amazon.com

$1,751.40

-2.44 (-0.14%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

  • 14

    Nov

  • 14

    Nov

  • 14

    Nov

  • 15

    Nov

  • 19

    Nov

  • 20

    Nov

  • 04

    Dec

  • 09

    Dec

MRTX

Mirati Therapeutics

$102.34

1.6 (1.59%)

12:05
11/14/19
11/14
12:05
11/14/19
12:05
Options
Mirati Therapeutics call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

12:05
11/14/19
11/14
12:05
11/14/19
12:05
General news
The Treasury's $95 B 4- and 8-week bill offerings were mixed »

The Treasury's $95 B…

12:05
11/14/19
11/14
12:05
11/14/19
12:05
General news
Breaking General news story  »

St. Louis Federal Reserve…

12:05
11/14/19
11/14
12:05
11/14/19
12:05
General news
Breaking General news story  »

St. Louis Federal Reserve…

WMT

Walmart

$119.87

-1.19 (-0.98%)

, CSCO

Cisco

$44.69

-3.75 (-7.74%)

12:04
11/14/19
11/14
12:04
11/14/19
12:04
On The Fly
Fly Intel: Wall Street's top stories at midday »

The Dow and S&P…

WMT

Walmart

$119.87

-1.19 (-0.98%)

CSCO

Cisco

$44.69

-3.75 (-7.74%)

AXNX

Axonics

$29.70

4.21 (16.52%)

DDS

Dillard's

$76.51

8.71 (12.85%)

NTAP

NetApp

$62.17

2.13 (3.55%)

RBBN

Ribbon Communications

$3.18

-0.87 (-21.48%)

CGC

Canopy Growth

$15.58

-2.94 (-15.87%)

WB

Weibo

$44.80

-8.01 (-15.17%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

  • 14

    Nov

  • 14

    Nov

  • 14

    Nov

  • 19

    Nov

  • 20

    Nov

  • 21

    Nov

  • 09

    Dec

  • 10

    Dec

  • 12

    Dec

  • 12

    Feb

CGC

Canopy Growth

$15.64

-2.88 (-15.55%)

12:00
11/14/19
11/14
12:00
11/14/19
12:00
Hot Stocks
Canopy Growth falls -15.6% »

Canopy Growth is down…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

  • 19

    Nov

I

Intelsat

$12.10

-2.31 (-16.03%)

12:00
11/14/19
11/14
12:00
11/14/19
12:00
Hot Stocks
Intelsat falls -16.0% »

Intelsat is down -16.0%,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 10

    Dec

CTRA

Contura Energy

$10.25

-7.9 (-43.53%)

12:00
11/14/19
11/14
12:00
11/14/19
12:00
Hot Stocks
Contura Energy falls -44.1% »

Contura Energy is down…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

GFF

Griffon

$24.95

3.23 (14.87%)

12:00
11/14/19
11/14
12:00
11/14/19
12:00
Hot Stocks
Griffon rises 14.2% »

Griffon is up 14.2%, or…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PING

Ping Identity

$18.90

2.4 (14.55%)

12:00
11/14/19
11/14
12:00
11/14/19
12:00
Hot Stocks
Ping Identity rises 14.5% »

Ping Identity is up…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Nov

IGT

International Game

$15.31

2.39 (18.50%)

12:00
11/14/19
11/14
12:00
11/14/19
12:00
Hot Stocks
International Game rises 18.8% »

International Game is up…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

11:55
11/14/19
11/14
11:55
11/14/19
11:55
General news
Powell assured the Fed will use its tools "aggressively" if appropriate »

Powell assured the Fed…

ACN

Accenture

$194.94

0.43 (0.22%)

11:52
11/14/19
11/14
11:52
11/14/19
11:52
Hot Stocks
Accenture announces intent to acquire consulting firm Silveo »

Accenture has announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Nov

  • 19

    Dec

VOD

Vodafone

$20.50

-0.61 (-2.89%)

11:45
11/14/19
11/14
11:45
11/14/19
11:45
Options
Vodafone call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

11:45
11/14/19
11/14
11:45
11/14/19
11:45
General news
Breaking General news story  »

New York Federal Reserve…

11:38
11/14/19
11/14
11:38
11/14/19
11:38
General news
4-Week Bill Auction Total Amount data reported »

4-Week Bill Auction Total…

11:38
11/14/19
11/14
11:38
11/14/19
11:38
General news
8-Week Bill Auction Total Amount data reported »

8-Week Bill Auction Total…

TMO

Thermo Fisher

$298.18

-1.72 (-0.57%)

, QGEN

Qiagen

$36.88

1.36 (3.83%)

11:37
11/14/19
11/14
11:37
11/14/19
11:37
Upgrade
Thermo Fisher, Qiagen rating change  »

Evercore upgrades Qiagen…

TMO

Thermo Fisher

$298.18

-1.72 (-0.57%)

QGEN

Qiagen

$36.88

1.36 (3.83%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 02

    Dec

  • 07

    Dec

WORK

Slack Technologies

$21.18

-0.12 (-0.56%)

11:35
11/14/19
11/14
11:35
11/14/19
11:35
Options
Slack put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 04

    Dec

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.