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February 27, 2013
10:01 EDTEMREmerson awarded $33M contract to upgrade automation on Statoil platform
Statoil has awarded Emerson Process Management, a business of Emerson, a $33M contract to upgrade safety and automation systems on the Visund oil platform in the Norwegian North Sea. Previously selected by Statoil as one of its preferred automation and safety suppliers, Emerson will provide integrated safety and automation systems to help the international energy company boost oil recovery and extend the life of the field while also reducing operating costs and minimizing safety and environmental risks.
News For EMR From The Last 14 Days
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October 29, 2014
10:00 EDTEMROn The Fly: Analyst Downgrade Summary
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05:32 EDTEMREmerson downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Emerson to Market Perform citing expectations for modest earnings growth in FY15. The firm lowered its price target range for shares to $63-$65 from $69-$73.
October 22, 2014
08:23 EDTEMREmerson sees 2015 underlying sales growth ex-currency up slightly from 2014
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08:22 EDTEMREmerson reports orders growth of 5% for three months end September
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