Moody's: Emerson unchanged

Moody's Investors Service said it maintained Emerson Electric Co.'s long-term issuer rating at A2, senior unsecured ratings at A2, senior unsecured medium-term notes ratings at provisional A2, senior unsecured shelf ratings of provisional A2, preferred shelf ratings of provisional Baa1, junior preferred shelf ratings of provisional Baa1 and commercial paper ratings of prime-1.

The ratings reflect the company's considerable scale, leading market positions, product and business line diversification and consistent operating profitability, Moody's said.

The ratings also incorporate the company's sizeable free cash flow generation, solid liquidity and ample coverage of fixed charges, the agency said.

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