Eight Corporate Jets: What Is This, the '80s? [Yahoo! Finance News]
Emerson Electric Company (EMR)
Last emerson electric company earnings: 4/21 06:55 am
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Source: Yahoo! Finance News
Eight Corporate Jets: What Is This, the '80s? Bloomberg Opinion) -- The activist investors are on the tarmac at Emerson Electric Co. D.E. Shaw Group on Tuesday released a letter calling for the $42 billion industrial company to spin off its climate division and make productivity and corporate-governance improvements, including culling its fleet of eight corporate jets and a helicopter. The public pressure follows reports late last month that D.E. Shaw was seeking a breakup of the company and Emerson’s subsequent announcement that it would review its operations. In its letter, D.E. Shaw takes issue with the lack of tangible commitments and deadlines for Emerson’s strategic review and stresses that some of its recommendations – such as making all board directors subject to annual elections – shouldn’t require that much deliberation in this day and age. D.E. Shaw is justified in its wariness of Emerson kicking the can down the road. CEO David Farr has been in his role for 19 years and, a
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News
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- Oatey Co. Taps Wyatt Kilmartin as Executive Vice President, Chief Commercial Officer [Yahoo! Finance]Yahoo! Finance
- Emerson Schedules Second Quarter 2024 Earnings Release and Conference CallPR Newswire
- Bloom Energy appoints new finance chief [Seeking Alpha]Seeking Alpha
- Emerson's Next-Generation Software Streamlines Pharmaceutical Development, Accelerates Speed to MarketPR Newswire
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