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Emerson Electric ( EMR), a diversified technology company, has been rated a buy since December 2005. The company reported an 11.2% increase in third-quarter revenue to $6.13 billion, which was driven by double-digit sales growth from three of its five segments. Net income increased 18.4% to $574 million, or 78 cents a share, in the fourth quarter, driven by strong sales performance and a continued focus on cost reduction, which supported the margin. Higher net income boosted return on equity, which expanded 196 basis points to 23.43% in the fourth quarter compared with the same period last year, and return on assets, which improved 97 basis points to 10.85%.