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Stock Market & Financial Investment News

News Breaks
March 24, 2014
08:32 EDTAEP, BWCBabcock & Wilcox selected by American Electric for steam generator services
The Babcock & Wilcox Company (BWC) announced that its subsidiary, Babcock & Wilcox Nuclear Energy, was awarded a contract from American Electric Power (AEP) to provide steam generator services for the Donald C. Cook Nuclear Plant just north of Bridgman, Mich. The D.C. Cook Plant contains two units, one of which is outfitted with Babcock & Wilcox replacement recirculating steam generators. As part of this contract, B&W NE will execute a comprehensive inspection and cleaning campaign, which includes eddy current testing, visual inspections and water lancing. The inspections and cleaning activities are conducted periodically to monitor and maintain the condition of the steam generators. The multi-year contract began in February.
News For BWC;AEP From The Last 14 Days
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June 29, 2015
10:51 EDTAEPSupreme Court overrules EPA regulations on power plant pollution, The Hill says
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10:09 EDTBWCOn The Fly: Analyst Initiation Summary
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08:03 EDTBWCBabcock & Wilcox initiated with an Overweight at KeyBanc
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07:22 EDTBWCBWX Technologies would be M&A fit for Huntington Ingalls, says Deutsche Bank
Deutsche Bank noted that the planned spin-off of BWX Technologies (BWXT) from Babcock & Wilcox (BWC) is scheduled to be completed this week on July 1, stating that it believes the spun off company is likely to attract the attention of strategic players such as Huntington Ingalls (HII) and General Dynamics (GD). The firm thinks the potential M&A fit looks "most striking" for Huntington and estimates that a deal multiple could reach 10-11X the about $300M in EBITDA at BWX Technologies, which would likely be "worth the stretch" for the shipbuilder.
June 22, 2015
19:56 EDTAEPUtilities sector dips after EPA warns of 'significant risks' from climate change
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