Emerson Electric Co. engages in manufacturing and developing process controls systems, valves and analytical instruments. It operates through the following segments: Automation Solutions, Climate Technologies and Tools & Home Products. The Automation Solutions segment provides measurement, control, diagnostic capabilities and integrated manufacturing solutions for automated industrial processes, and serves oil and gas, refining, chemical, power generation, pharmaceutical, food and beverage, automotive and other end markets. Its product offerings include measurement and analytical instrumentation, valves, actuators and regulators, industrial solutions and process control systems and solutions. The Climate Technologies segment provides products and services for all areas of the climate control industry, including residential heating and cooling, commercial air conditioning, and commercial and industrial refrigeration. Its products include compressors, temperature sensors and controls, thermostats, flow controls and remote monitoring technology and services that enable homeowners and businesses to manage their heating, air conditioning and refrigeration systems. The Tools & Home Products segment offers tools for professionals and homeowners, residential storage products and appliance solutions. Its products include professional pipe working tools, residential and commercial food waste disposers, wet-dry vacuums, and home shelving and closet organization systems. The company was founded by Charles Meston and Alexander Meston on September 24, 1890 and is headquartered in St. Louis, MO.
After a week of Trump controversy and the Spain terror attack, China’s Shanghai Composite Index posted strongest weekly gains in four-months as investor optimism over strong corporate earnings and healthy economic fundamentals supported Chinese equities.