Emerson Reports Second Quarter 2015 Results

ST. LOUIS--(BUSINESS WIRE)--Emerson (NYSE: EMR) today announced that net sales in the second quarter ended March 31, 2015 were down 7 percent, with underlying sales flat excluding unfavorable currency translation of 5 percent and an impact from divestitures of 2 percent. Global customers in oil and gas and industrial markets, particularly energy-related, reduced spending faster and deeper than we expected as a result of the significant decline in oil prices and strength of the U.S. dollar. By g

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