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More on Emerson's (EMR) FQ2: Net profit -2% to $545M, hurt by weakness in Europe, China and...

More on Emerson's (EMR) FQ2: Net profit -2% to $545M, hurt by weakness in Europe, China and Brazil. Revenue falls at 3 of 5 divisions, although process management, which operates in the energy industry, increases sales. Emerson cuts FY EPS outlook from from $3.45-$3.60 to $3.35-$3.50; consensus is at the top of that range. Shares -4.8%.
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