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More on Emerson Electric (EMR) Q3 earnings: "Orders have slowed as near-term business investment...
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Tuesday, November 6, 2012, 6:47 AM ETMore on Emerson Electric (EMR) Q3 earnings: "Orders have slowed as near-term business investment has become more cautious ... This has resulted in a challenging and tenuous planning environment," says the company, expecting 2013 sales growth of just 0-5%. As opposed to the norm - firms hoping for 2013 H2 to bail them out - Emerson expects any growth to be in H1 thanks to the Thai floods of 2012 H1. Shares -2% premarket. (PR)
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