Finkelstein Thompson LLP Announces Investigation of Avocent Corp.'s Acquisition by Emerson Electric Co. Oct 14, 2009
WASHINGTON, Oct. 13, 2009 (GLOBE NEWSWIRE) -- Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Avocent Corp. ("Avocent" or the "Company") (Nasdaq: - ) arising from the Company's announcement of its intent to merge with Emerson Electric Co. ("Emerson"). Under the terms of the proposed merger agreement, Avocent shareholders will receive $25 in cash for each share of Avocent common stock they own for a total transaction value of $1. (Primezone Releases)
Kendall Law Group Announces Shareholder Investigation Into Avocent Corporation Oct 10, 2009
DALLAS, Oct. 9, 2009 (GLOBE NEWSWIRE) -- Kendall Law Group, led by a former federal judge and former U.S. Attorney, announces a shareholder investigation into Avocent Corporation (Nasdaq: - ) in connection with an agreement to sell the Company to Emerson Electric Co.. The firm is investigating whether the board of directors of Avocent breached their fiduciary duty and other violations of state law related to the approval of the acquisition, which is expected to close around January 1, 2010. (Primezone Releases)
Appleton EGS to close within the year Aug 9, 2009
According to a company Web site the Appleton Electric Company was founded in 1903 and, in 1982, Appleton became a wholly owned subsidiary of Emerson Electric Company, a Fortune 100 Company. In 1997, Appleton and several other entities joined together to become EGS Electrical Group Canada Ltd.. (Fremont Tribune, NE)
U.S. Job Cuts Slowed in July, Unemployment Rate Fell as Recession Eased Aug 8, 2009
Emerson Electric Co., a maker of industrial equipment, will cut an additional 5,000 to 6,000 positions in the next few quarters, after it posted its third straight drop in quarterly earnings, the longest stretch since 2002. The St. Louis-based company has already eliminated 20,000 jobs. (Bloomberg -- US)
Bonnie Bowden Jun 16, 2009
She was retired from Emerson Electric Co., and a member of West Paris Baptist Church. In addition to her parents, she was preceded in death by a sister, Mildred Vessey, and a brother, Ben Rhea Pinkston. (Camden Chronicle, TN)
Area stocks suffer after sales report May 14, 2009
The stocks of such companies as Emerson Electric Co. (InSinkErator), Kohls Department Stores, M&I Bank and Modine Manufacturing Co. all posted declines. At the close of New York trading Wednesday, Lee Enterprises stock had fallen by 26. (Racine Journal Times, WI)
People in Business, 5-10-09 May 10, 2009
Jerry Ryder, president of InSinkErator Division of Emerson Electric Co. in Racine, will be honored as the eighth inductee into the Wisconsin Safety Council s Safety Hall of Fame. The Wisconsin Corporate Safety Awards ceremony is part of the Wisconsin Safety Council s 67th Annual Safety and Health Congress & Expo at the Kalahari Resort in Wisconsin Dells May 18-20. (Racine Journal Times, WI)
Taxpayers Lose $299 Million in Build America Bondholders' Instant Profits May 5, 2009
Rated AAA by S&P, the school paid about the same yield relative to Treasuries as St. Louis-based Emerson Electric Co., which is ranked five levels lower and sold bonds the same week. Both were priced to yield 2. (Bloomberg)
Despite Doom and Gloom, St. Louis Envisions Economic Recovery Through ARRA Funds Apr 28, 2009
Steeves is general counsel for Emerson Electric Co., based in St. Louis. The commission brings together state leaders from across the region to advocate for passenger rail improvements. (Saint Louis Front Page)
City Council sets hearing date Apr 15, 2009
Published: Tuesday, April 14, 2009 12:14 PM CDT The Paragould City Council passed a resolution setting a hearing date for a petition by Emerson Electric Company to vacate, close and abandon a portion of Roundhouse Road at its meeting Monday ... The portion of the road the company is wanting the city to close runs west of the Emerson Electric Company facility. (Paragould Daily Press, AR)
Stocks extend losses; Dow drops 2 percent Apr 8, 2009
Stocks extend losses to 2nd day; Dow tumbles 186. Article:Stocks extend losses to 2nd day; Dow tumbles 186:/n/a/2009/04/07/financial/f034350D32. (San Francisco Chronicle -- Business)
Wall St tumbles as earnings kick off Apr 8, 2009
Stocks extend losses to 2nd day; Dow tumbles 186- International Business-News-The Economic Times. International Business. (India Times)
Degree of Uncertainty Mar 30, 2009
Lovell interned at Barclays Capital in New York last summer but passed on a full-time job offer there in favor of a strategic planning post at industrial conglomerate Emerson Electric Co. in St. Louis after he graduates in June. The ripsaw economy has left candidates for master of business administration degrees reassessing their options and tossing out old assumptions in ways that would have been inconceivable even a year ago. (Boston Globe)
Component Changes Made to Dow Jones and Dow Jones STOXX Select Dividend Indexes Mar 3, 2009
In the Dow Jones U.S. Select Dividend Index, International Paper (United States, Basic Resources, IP) and PNC Financial Services Group Inc. (United States, Banks, PNC) will be replaced by Emerson Electric Co. (United States, Industrial Goods & Services, EMR) and Cleco Corp (United States, Utilities, CNL), respectively. Allied Irish Banks PLC, Bank Zachodni WBK S.A. and William Hill PLC are being removed due to the cancellation of their dividend payments. (Primezone Releases)
