During Tuesday’s Current trade, Shares of Emerson Electric Co. (NYSE:EMR), lost -2.51% to $46.52.
Emerson Process Administration, a global business of Emerson (EMR), is automating the Shehong Liushu Hydropower Project that will bring clean electrical power to China’s Sichuan province.
Hydropower development, particularly small hydropower, has been gaining traction in China as a clean energy source that can supplement thermal power sources and electrify rural areas. This project by Tuopai Power Development Co. Ltd. comprises of three 16-megawatt units to assist meet the growing energy needs of the Shehong region in southwest Sichuan. The first unit is predictable to be operational in March 2016.
Emerson will provide its Ovation™ control and SCADA technology to manage hydropower operations. Tuopai Power Development is among the first hydropower generators in China to adopt distributed control system technology that provides tighter overall control, improved diagnostics, improved plant efficiency, reliable grid synchronization, improved cybersecurity and more efficient operator deployment.
Emerson Electric Co. provides technology and engineering solutions to industrial, commercial, and consumer markets worldwide. It operates through five segments: Process Administration, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. The Process Administration segment offers products and technology, and engineering, project administration, and consulting services for precision measurement, control, monitoring, asset optimization, and safety and reliability of oil and gas reservoirs and plants. This segment serves end markets in oil and gas, refining, chemicals, power generation, pharmaceuticals, food and beverages, pulp and paper, metals and mining, and municipal water supplies.
Shares of Atwood Oceanics, Inc. (NYSE:ATW), declined -3.56% to $18.43, during its current trading session.
Atwood Oceanics, Inc. (ATW) declared that its board of directors has declared a quarterly cash dividend of $0.25 per share of common stock, payable on October 8, 2015 to shareholders of record as of 5:00 p.m., New York City time, on October 1, 2015.
Atwood Oceanics, Inc. is a leading offshore drilling company engaged in the drilling and completion of exploration and development wells for the global oil and gas industry. The Company presently owns 11 mobile offshore drilling units and is constructing two ultra-deepwater drillships. The Company was founded in 1968 and is headquartered in Houston, Texas. Atwood Oceanics, Inc. common stock is traded on the New York Stock Exchange under the symbol “ATW.”
Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells worldwide. As of November 10, 2014, it owned a fleet of 13 mobile offshore drilling units, in addition to 3 ultra-deepwater drill ships under construction. The company was founded in 1968 and is headquartered in Houston, Texas.
Baker Hughes Incorporated (NYSE:BHI), during its Tuesday’s current trading session decreased -2.77% to $54.45.
Baker Hughes Incorporated (BHI) Chairman and Chief Executive Officer Martin S. Craighead declared that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable September 23, 2015 to holders of record on September 2, 2015.
Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company’s 49,000 employees recently work in more than 80 countries assisting customers find, evaluate, drill, produce, transport and process hydrocarbon resources. For more information about Baker Hughes, visit: www.bakerhughes.com.
Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company offers drilling and evaluation products and services, which comprise drill bits for performance drilling, hole enlargement, and coring; conventional and rotary steerable systems used to drill wells; measurement-while-drilling and logging-while-drilling systems to perform reservoir navigation services; drilling optimization services; tools for coil tubing drilling and wellbore re-entry systems; coring drilling systems; surface logging; emulsion and water-based drilling fluids systems; reservoir drill-in fluids; and fluids environmental services.
Finally, Baker Hughes Incorporated (NYSE:BHI), decreased -0.68%, to $9.49.
ON Semiconductor Corp (ON) declared private offering of $600 million aggregate principal amount of 1.00% Convertible Senior Notes due 2020 (the “notes”). The notes were offered only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). ON Semiconductor has granted to the initial purchasers of the notes a 30-day option to purchase up to an additional $90 million aggregate principal amount of notes.
The notes will be ON Semiconductor’s senior unsecured obligations and guaranteed by certain of its auxiliaries. The notes will bear interest at a rate of 1.00% per year, payable semiannually in arrears on June 1 and December 1 of each year, starting on December 1, 2015. The notes will mature on December 1, 2020.
ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. It operates in four segments: Application Products Group, Image Sensor Group, Standard Products Group, and System Solutions Group.
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