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BASFY

BASF

$0.00 /

+ (+0.00%)

, EMR

Emerson

$64.81 /

-0.86 (-1.31%)

09:07
05/20/19
05/20
09:07
05/20/19
09:07

BASF awards Emerson multi-million dollar contract for automation at German plant

As part of its five-year investment to boost capacity and operational excellence within its global plastics additives business, BASF (BASFY) has awarded Emerson (EMR) a multi-million dollar contract to modernize automation software and controllers at its specialty chemical production facility in Lampertheim, Germany. These enhancements will help the world's largest chemical manufacturer increase production flexibility and enhance operations. BASF will implement Emerson's new hybrid automation solution that replaces existing programmable logic controllers , used to control 20 reactors, with Emerson's leading DeltaV PK Controller. For BASF, Emerson will also replace an obsolete system controlling the tank farm and distillation columns at the facility, which produces additives that improve characteristics for plastics and coatings. The expansion of Emerson's DeltaV distributed control system, which is already used to control other parts of the plant, will ensure continued efficient production and enable BASF to standardize its control architecture, helping to reduce integration complexity and operator training costs. A key part of the project is to expand automation security protections. This advanced technology, developed with Emerson to address cybersecurity threats, has been applied at other BASF manufacturing plants. By modernizing its automation systems, BASF can take advantage of new capabilities embedded in Emerson's automation systems that help fortify plant operations against cyber threats. Emerson will also provide approximately 8,000 hours of on-site engineering services, a separate virtualized system to reduce hardware capital and operating costs and lifecycle support services.

BASFY

BASF

$0.00 /

+ (+0.00%)

EMR

Emerson

$64.81 /

-0.86 (-1.31%)

  • 21

    May

  • 06

    Aug

BASFY BASF
$0.00 /

+ (+0.00%)

01/10/19 JPMorgan
BASF upgraded to Overweight from Neutral at JPMorgan
12/07/18 Deutsche Bank
BASF guidance cut not a surprise, says Deutsche Bank
12/04/18 Credit Suisse
FMC Corporation price target raised to $113 from $105 at Credit Suisse
11/29/18 Barclays
BASF downgraded to Equal Weight from Overweight at Barclays
EMR Emerson
$64.81 /

-0.86 (-1.31%)

04/08/19 Citi
Emerson upgraded to Buy from Neutral at Citi
02/28/19 JPMorgan
JPMorgan's Tusa recommends long Emerson, short Rockwell pair trade
02/15/19 JPMorgan
JPMorgan's Tusa calls Emerson top 'GARP pick' after investor day
02/06/19 Credit Suisse
Emerson price target raised to $75 from $70 at Credit Suisse

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Initiation
RealPage initiated with an Outperform at Baird » 16:43
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Recommendations
Ceva price target raised to $40 from $35 at Roth Capital » 16:42
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Analog Devices raises quarterly dividend 15% to 62c per share » 16:42
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Analog Devices

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Upgrade
Bernstein upgrades Nvidia with $360 target ahead of two catalysts » 16:41
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NVDA

Nvidia

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, MLNX

Mellanox

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Bernstein analyst Stacy…

Bernstein analyst Stacy Rasgon upgraded Nvidia (NVDA) to Outperform from Market Perform with a price target of $360, up from $300. The shares closed Tuesday up 2%, or $6.78, to $296.57. The company's March 19 analyst day and the completion of the Mellanox (MLNX) acquisition are two potential catalysts for the shares, Rasgon tells investors in a research note. The analyst, who admits not upgrading Nvidia sooner was a mistake, says improved Turing traction and the return of hyperscale cloud spending puts the company with stability.

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Earnings
American Water reaffirms FY20 EPS view $3.79-$3.89, consensus $3.87 » 16:40
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AWK

American Water

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Hot Stocks
National Bank chief administrative officer, general counsel to depart » 16:40
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NBHC

National Bank

$33.52 /

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Accenture

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Earnings
American Water reports Q4 adjusted EPS 73c, consensus 73c » 16:39
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AWK

American Water

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Syndicate
Bluebird Bio files automatic mixed securities shelf  16:39
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BLUE

Bluebird Bio

$88.23 /

-0.91 (-1.02%)

 
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Hot Stocks
STAG Industrial names Jaclyn Paul as Principal Accounting Officer » 16:38
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STAG

STAG Industrial

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-0.2 (-0.61%)

STAG Industrial announced…

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Earnings
Retail Opportunity reports Q4 EPS 9c, consensus 9c » 16:38
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ROIC

Retail Opportunity

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-0.06 (-0.35%)

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Earnings
Amedisys sees FY20 adj. EPS $4.90-$5.13, consensus $4.91 » 16:35
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AMED

Amedisys

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Earnings
Verisk Analytics reports Q4 EPS $1.13, consensus $1.12 » 16:35
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VRSK

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Initiation
Manhattan Associates initiated with an Outperform at Baird » 16:33
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MANH

Manhattan Associates

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Amedisys reports Q4 adj. EPS 94c, consensus 93c » 16:33
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Earnings
HealthStream sees FY20 revenue $247.5M-$255.5M, consensus $250.07M » 16:33
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HSTM

HealthStream

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Bed Bath & Beyond says FY20 capital allocation strategy to include $1B of spend » 16:33
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Earnings
HealthStream reports Q4 cont ops EPS 11c, consensus 6c » 16:32
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HSTM

HealthStream

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Hot Stocks
Coeur Mining reports FY20 proven/provable gold reserves of 2.6M oz » 16:32
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CDE

Coeur Mining

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Hot Stocks
Bluebird Bio sees completing LentiGlobin BLA in second half of 2020 » 16:32
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BLUE

Bluebird Bio

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Earnings
Quad/Graphics sees FY20 revenue $3.5B-$3.7B, one estimate $3.5B » 16:31
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QUAD

Quad/Graphics

$5.13 /

+0.15 (+3.01%)

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Earnings
Quad/Graphics reports Q4 EPS ex-items 14c, one estimate 3c » 16:31
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QUAD

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Hot Stocks
Blue Apron reports Q4 Orders 1.6M vs. 2.4M last year » 16:30
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APRN

Blue Apron

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+0.47 (+12.05%)

Reports Q4 customers 351K…

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Options
Preliminary option volume of 24.5M today » 16:30
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Preliminary option volume…

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Hot Stocks
Groupon trading resumes  16:30
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GRPN

Groupon

$3.02 /

+0.175 (+6.15%)

 
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