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Divestiture Feb 2017 Verified

Emerson Divestiture of Network Power, Leroy-Somer and Control Techniques

Emerson reports the impact of discontinued operations including Network Power, Leroy-Somer and Control Techniques, indicating these businesses have been divested.

“Including the impact of discontinued operations (Network Power, Leroy-Somer and Control Techniques), earnings per share were $0.48, down 9 percent, and operating cash flow was $238 million, down 51 percent.”

Entities

Other Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.