‘I Don't Want to Sell to an Oligarch': A CEO on Exiting Russia [Business News Network (BNN) (Canada)]
Emerson Electric Company (EMR)
Last emerson electric company earnings: 4/21 06:55 am
Check Earnings Report
US:NYSE Investor Relations:
emerson.com/en-us/investors
Company Research
Source: Business News Network
More than 30 jurisdictions have sanctions on banks, individuals or companies following the invasion of Ukraine. And the Russians who have the means aren't the most desirable buyers, said the head of Emerson Electric Co., which announced Wednesday that it would divest its Metran Industrial Group unit based in Chelyabinsk. “Look, I don't want to sell the business to an oligarch. I don't want to sell it to the Russian government,” Chief Executive Officer Lal Karsanbhai said in a telephone interview. “Our preference would be to sell it to our management team and employees in Russia.” The situation highlights the difficulty many companies are facing as they pause, end or unload operations in Russia amid a global outcry over the country's actions toward Ukraine. Emerson is leaning on international consulting and law firms, including Ernst & Young and Baker McKenzie, that are still operating in Russia, he said. It could take as long as nine months to get the deal done for Metran, which
Show less
Read more
Impact Snapshot
Event Time:
EMR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EMR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EMR alerts
High impacting Emerson Electric Company news events
Weekly update
A roundup of the hottest topics
EMR
News
- Emerson Electric (EMR) Stock Moves -0.67%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Linear Actuators Global Strategic Industry Report 2024: Market to Reach $46.8 Billion by 2030 - Enabling Industrial Automation Functions Across Multiple Verticals [Yahoo! Finance]Yahoo! Finance
- ESD Valve Market Valuation to Reach US$ 581.9 Million by 2034 | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- US Industrial Valve Market to Reach $11.02 Billion by 2029 - Gate Valves Leading the Market - Exclusive Focus Insight Report by Arizton [Yahoo! Finance]Yahoo! Finance
- Oatey Co. Taps Wyatt Kilmartin as Executive Vice President, Chief Commercial Officer [Yahoo! Finance]Yahoo! Finance
EMR
Earnings
- 2/7/24 - Beat
EMR
Sec Filings
- 3/21/24 - Form 11-K
- 3/21/24 - Form 11-K
- 3/5/24 - Form 4
- EMR's page on the SEC website