Emerson Electric CEO David Farr has done a pretty good job of preparing investors for a tough year ahead for the company. You know you're in trouble when an earnings presentation begins with the words, "It is a global industrial recession." That said, investing isn't just about buying companies that are currently flying high, and Farr's guidance was enough to reassure investors, who took the stock higher in a down market. Let's take a look at Emerson Electric's first quarter and what management said about it.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
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