Emerson Electric Co. EMR is set to release fourth-quarter fiscal 2020 (ended September 2020) results on Nov 3, before market open. 3 internet company Meituan plunged 3.8% after the People’s Daily wrote an editorial slamming the industry’s preoccupation with growing traffic and volumes in areas such as grocery delivery, at the expense of real scientific innovation.China’s two largest corporations are also its most acquisitive, using scores of deals to expand into adjacent fields and groom some of the country’s most promising startups.Alibaba had led a $2.6 billion buyout of Intime as part of efforts to develop new business models that combine e-commerce with brick-and-mortar retailing. "In conclusion, the fiscal year wasn’t just about reacting to the pandemic. "This has turned into an absolute tidal wave," Texas Governor Greg Abbott said. "9 Lessons After a Crazy Week for IPOs" by Eric J. Savitz indicates that, even after AirBnB Inc (NASDAQ: ABNB), DoorDash Inc (NYSE: DASH) and others exploded into the market recently, there are still another 500 unicorns (that is, private companies with $1 billion-plus values) waiting in the wings.See also: Benzinga's Bulls And Bears Of The Week: Boeing, Netflix, Nike, Starbucks And MoreWith trillions of dollars in index funds tracking the S&P 500, and trillions in actively managed funds benchmarked against the index, a whole lot of investors could be forced to buy Tesla Inc (NASDAQ: TSLA) stock at inflated values, according to Evie Liu's "Tesla Is Joining the S&P 500. 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Adjusted EBIT margin, which excludes restructuring and related costs, was 19.3 percent for the quarter, up 80 basis points, supported by accelerated cost reduction actions. As the broader macroeconomic outlook begins to stabilize, we are well-positioned with a more agile and lean cost structure to sustain and build upon our strong profitability, particularly as late cycle end markets begin their recovery. These core technologies and capabilities will strengthen our position in attractive and growing marketplaces including software, renewable energy, and transmission & distribution. 03.11.2020 - Emerson (NYSE: EMR) today reported results for the fourth fiscal quarter and fiscal year ended September 30, 2020. Tesla Inc (NASDAQ: TSLA) bear Wolf Richter wrote in a blog over the weekend that the sharp spikes in the automaker's stock -- as charted by him -- have always been followed by plunges.What Happened: Richter, the author of the Wolfstreet.com blog, wrote over the weekend that the latest spike on his "Quadruple WTF chart of the Year" has been powered by the automaker's inclusion in the S&P500.The analyst said that the latest surge in the stock of the Elon Musk-led company "annihilated" his preceding chart dating back to Aug. 31 and the two charts released before that on July 1 and Feb. 4 respectively. Management believes it is appropriate to assume a conservative forecast for the 2021 macroeconomic environment given the current uncertainty, and expects a slow-but-steady improvement in demand over the course of 2021 as economies, companies, and communities continue to gradually reopen and learn to safely operate with the virus. Fourth quarter GAAP net sales of $4.6 billion were down 8 percent; underlying sales were down 9 percent, in-line with management guidance. Reconciliations of Non-GAAP measures (denoted by *) with the most directly comparable GAAP measure (dollars in millions, except per share amounts): Earnings before interest and taxes margin*, Adjusted earnings before interest and taxes margin*, Automation Solutions Segment EBIT margin (GAAP), Automation Solutions Adjusted Segment EBIT margin*, Automation Solutions Adjusted Segment EBITDA margin*, Commercial & Residential EBIT margin (GAAP), Commercial & Residential Adjusted EBIT margin*, Commercial & Residential Adjusted EBITDA margin*, Operating cash flow to net earnings (GAAP). Richter noted that Tesla has earnings per share of $0.50 over the past four quarters and the company has a PE ratio of 1,220 times earnings, while profitable automakers typically have that number around 10 to 20.Tesla shares have returned 629.08% on a year-to-date basis.Why It Matters: The Palo Alto-based automaker has 1% of the world's market share of passenger vehicle market but its market cap this month exceeded that of the combined market cap of Toyota Motor Corporation (NYSE: TM), Volkswagen AG (OTC: VWAGY), Daimler AG (OTC: DDAIF), General Motors Company (NYSE: GM), Bayerische Motoren Werke AG (OTC: BMWYY), Honda Motor Co, Ltd (NYSE: HMC), and Ford Motor Company (NYSE: F), noted Richter.The analyst says Tesla has taken advantage of the situation and "extracted $12.3 billion in new funds from investors via three stock sales this year -- of which $10 billion in three months. But steeply rising home prices and little prospect that the Fed will change its ways mean trouble for those looking to buy a home. Shares of AMD trade around $91 at time of publication, off the 52-week low of $37.AMD Stock Forecast AMD designs and produces microprocessors for the computer and consumer electronics industries. Share repurchases were suspended in fiscal year 2020, with approximately $950 million repurchased, due to the changing demand environment associated with COVID-19. Additionally, cold chain markets showed signs of stabilizing. "Although the COVID-19 virus has not yet subsided, the Emerson global team has learned to operate safely and effectively, in person, in this environment. (AMOUNTS IN MILLIONS EXCEPT PER SHARE, UNAUDITED), Less: Noncontrolling interests in earnings of subsidiaries, Short-term borrowings and current maturities of long-term debt. Asia, Middle East & Africa orders declined by 9 percent, while China was down low double digits. Completed 64 consecutive years of increased dividends per share and plan to announce a 2 cent increase for 2021, after today's Board of Directors meeting. On Monday, shares in No. I’m proud of the team for executing on this challenging but vital work. It May End the Same Way. Statements in this press release that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. The table above does not include $5 of costs related to restructuring actions that were reported in cost of sales in the fourth quarter of fiscal 2020. "We would like to play an important part," CEO Alf Poor said while speaking at the Benzinga Global Small Cap Conference this past week. David Farr - Chairman & CEO. Asia, Middle East & Africa declined by 11 percent while Europe declined 8 percent. Digital transformation initiatives continue to gain momentum among many of our industrial customers, and these portfolio enhancements will enable us to help more customers adapt and excel within new operating paradigms.”. “The above-mentioned companies have a large influence in the industry, carry out many investments and takeovers, have specialized legal teams and should be familiar with the regulations governing M&A. Asia, Middle East & Africa orders declined by 9 percent, while China was down low double digits. EMERSON ELECTRIC CO. company earnings calendar and analyst expectations - Upcoming and past events | Nyse: EMR | Nyse ... Quarterly results: 2018 Q2: 2018 Q3: 2018 Q4: 2019 Q1: 2019 Q2: 2019 Q3: 2019 Q4: 2020 Q1: 2020 Q2: 2020 Q3: 2020 Q4 (e) 2021 Q1 (e) 2021 Q2 (e) 2021 Q3 (e) 2021 Q4 (e) Sales M $ Released Forecast Spread: 4 248 4 219 "Although the COVID-19 virus has not yet subsided, the Emerson global team has learned to operate safely and effectively, in person, in this environment. These risks and uncertainties include the scope, duration and ultimate impact of the COVID-19 pandemic as well as economic and currency conditions, market demand, including related to the pandemic and oil and gas price declines and volatility, pricing, protection of intellectual property, cybersecurity, tariffs, competitive and technological factors, among others, as set forth in the Company's most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. 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