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Stock Market & Financial Investment News

News Breaks
January 17, 2013
10:07 EDTEMREmerson awarded contract for control technologies at Nevada solar project
Emerson Process Management, a global business of Emerson, has been awarded a contract to apply its Ovation expert control system at the Crescent Dunes Solar Energy Project near Tonopah, Nev. When it comes online at the end of 2013, this 110-megawatt concentrated solar power project will be the first commercial-scale solar facility in the United States to generate power from solar energy that is captured and stored in liquid molten salt. The project, which is being developed by Tonopah Solar Energy, an affiliate of SolarReserve, is expected to produce enough clean, renewable electricity to power more than 75,000 homes during peak electricity demand, and will be executed by Cobra Thermosolar Plants as engineering, procurement and construction contractor. Cobra Thermosolar Plants awarded the contract to Emerson.
News For EMR From The Last 14 Days
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August 26, 2015
10:00 EDTEMROn The Fly: Analyst Upgrade Summary
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09:28 EDTEMREmerson upgraded to Buy from Hold at Vertical Research
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08:15 EDTEMREmerson reports supports estimate for muted Fastenal growth, says William Blair
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August 25, 2015
09:44 EDTEMREmerson says 3-month July orders growth down 15%-20%
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August 19, 2015
08:53 EDTEMREmerson management to meet with Oppenheimer
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August 17, 2015
10:03 EDTEMREmerson signs 10-year agreement with BP for enhanced oil and gas execution
BP (BP) and Emerson (EMR) have signed a global agreement for Emerson Process Management, a global business of Emerson, to provide automation technologies and aftercare services for BP's upstream oil and gas operations. The new 10-year agreement extends the existing arrangement between the companies, allowing Emerson to provide an expanded scope of technologies and expertise that help ensure safe and competitive projects and support BP's Field of the Future program for enhanced operating efficiency and oil recovery. The new agreement expands the companies' existing relationship on upstream projects. Under the scope of the new agreement, Emerson will continue to supply automation system technologies, including distributed control systems and safety instrumented systems, but will now also provide valves and measurement instruments as well as technologies for supervisory control and data acquisition, asset management, and machinery health monitoring.

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