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Emerson Profit Misses Estimates, Shares Fall

Emerson Electric Co reported lower-than-expected quarterly earnings as floods in Thailand disrupted supplies and weak European economies hurt demand. The industrial conglomerate also cut its full-year sales forecast. Emerson, whose shares fell 2.6 percent in morning trading, expects most of the pressures on its operations to be temporary. Its profit forecast was in line with … Read More »

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Honeywell Files Lawsuit Alleging Patent Infringement By Nest Labs; Follows Similar Litigation Against Other Manufacturers

MINNEAPOLIS– Honeywell today filed a patent infringement lawsuit against Nest Labs, Inc. in the United States District Court for the District of Minnesota. The lawsuit alleges infringement of seven Honeywell patents related to its thermostat technology. The patents are related to, among other things, simplified methods for operating and programming a thermostat including the use … Read More »

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EPA Proposes Faster R-22 Phaseout

How much HCFC-22 will be available to contractors in 2012 is an unanswered question as the Environmental Protection Agency (EPA) considers a faster phaseout of HCFCs. The EPA began the year by issuing a 75-page proposal called Protection of Stratospheric Ozone: Adjustments to the Allowance System for Controlling HCFC Production, Import, and Export. When and … Read More »

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A Mobile Ecosystem Slowly Grows Around Home Energy

Home energy management is still an early-adopter trend for most normal consumers, but as mobile operators and device makers get more involved in selling network access and special energy monitoring devices, the sector may hit the mainstream in a year or two. Several news items out of the Mobile World Congress (MWC), a mobile electronics … Read More »

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Arizona Gas Prices May Rise Through Summer

Gas prices could make a record run through this summer, according to a report from AAA Arizona. Fuel prices in Arizona in January were the highest on record for that month, and the climb is not expected to slow through the summer, the organization said. Arizona’s average gas price has increased about 22 cents a … Read More »

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