| From: JakeStraw | 1/5/2011 9:15:39 AM | | | | | | Emerson To Provide Critical Technologies For New Oil Terminal In Southern Iraq
finance.yahoo.com
Metering Systems Will Help Ensure Accurate Accounting As Oil Is Loaded Onto Tanker Ships For Export
Wednesday January 5, 2011
AUSTIN, Texas--(BUSINESS WIRE)-- Iraq’s South Oil Company has awarded Emerson Process Management, an Emerson (NYSE:EMR) business, a contract to provide crude oil metering systems and related technologies for the new Al-Basra Oil Terminal now under construction in the Persian Gulf.
The new terminal, which includes both onshore and offshore facilities, will boost Iraq’s oil export capacity by 2.7 million barrels per day. The added capacity will give Iraq increased access to global markets as it expands production from its southern oil fields. |
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| From: JakeStraw | 2/2/2011 10:19:25 AM | | | | | | Emerson Awarded $95 Million Contract to Modernize Automation at Europe’s Largest Thermal Power Plant
Automation technology and services will help improve efficiency of power plant in Poland
finance.yahoo.com
Wednesday February 2, 2011
PITTSBURGH--(BUSINESS WIRE)-- The largest electricity company in Poland has awarded a $95 million automation contract to Emerson Process Management, an Emerson (NYSE:EMR) business. Polska Grupa Energetyczna selected Emerson to provide technology and services to modernize six generating units at its Belchatow Power station, which is the largest thermal power plant in Europe. |
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| From: JakeStraw | 3/9/2011 10:13:09 AM | | | | | | Emerson To Supply Control Technology For Four New Westinghouse Nuclear Reactors In China
finance.yahoo.com
Wednesday March 9, 2011
AUSTIN, Texas--(BUSINESS WIRE)-- Westinghouse Electric Company has awarded Emerson Process Management, an Emerson (NYSE:EMR) business, contracts totaling approximately US$17 million to supply its Ovation™ expert control technology at four new Westinghouse AP1000™ nuclear reactors in China. The award continues a long relationship between the two companies, with the Ovation control system or its predecessors already installed at most existing Westinghouse nuclear reactors.
The new reactors will help China cleanly, efficiently, and safely generate additional baseload electricity to meet the country’s needs, which are growing at more than 8 percent per year, according to the World Nuclear Association. |
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| From: JakeStraw | 4/18/2011 12:02:24 PM | | | | | | Emerson Partners With Sanmina-SCI To Build Solar Power Inverters For Canadian Market
finance.yahoo.com
Emerson’s reliable, highly flexible inverters convert DC power from photovoltaic arrays into AC power that can be placed directly on the electric grid. The Emerson grid-tie inverters to be built by Sanmina-SCI are designed for utility and large-scale commercial uses. Production of the inverters will begin this year and may also serve solar energy projects throughout North and South America. |
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| From: JakeStraw | 4/27/2011 2:47:38 PM | | | | | | | Oppenheimer analysts upgraded shares of Emerson Electric Co. (EMR) from a "perform" rating to an "outperform" rating. They now have a $74.00 price target on the stock, up previously from $65.00. |
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| From: JakeStraw | 11/8/2011 12:41:42 PM | | | | | | | Emerson Electric Co. (EMR) was upgraded today by analysts at Citigroup to a "buy" rating. The analysts now have a $60.00 price target on the stock. |
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| From: Paul Senior | 12/22/2011 11:17:58 AM | | | | | | And a little more now too as stock drops. Analysts don't seem to like EMR now:
thestreet.com
Emerson Electric( EMR _) numbers lowered at UBS. Shares of EMR now seen reaching $50, according to UBS. Estimates also lowered on climate weakness and flat year-over-year orders. Neutral rating.
Emerson Electric numbers cut at Citigroup. Shares of EMR now seen reaching $56, according to Citigroup. Estimates also lowered on Thai flood, destocking, and pockets of lower demand. Buy rating. Emerson Electric target lowered at Goldman Sachs. Shares of EMR now seen reaching $51, Goldman Sachs said. Facing incremental demand weakness. Buy rating. |
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