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Stock Market & Financial Investment News

News Breaks
May 22, 2014
07:20 EDTTISI, MDR, FLR, PWR, KBR, DRC, WG, MTRX, GLPW, BWCJohnson Rice to hold a conference
2014 Energy Infrastructure Conference to be held in Chicago on May 22.
News For BWC;DRC;FLR;GLPW;KBR;MDR;MTRX;PWR;TISI;WG From The Last 14 Days
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January 30, 2015
08:09 EDTKBRKBR selected as global upstream partner for BG Group
KBR (KBR) announced that it has been selected by BG Group (BRGYY) as their Global Upstream Alliance Partner. The six-year contract, includes an option for two two-year extensions, and will provide capability support, services and project management services across all of BG Group's Global Upstream Portfolio. The single partner alliance will focus on BG Group's global portfolio of projects, enhancing BG Group's capacity to deliver major upstream oil and gas projects around the world. This integrated approach will capitalize on KBR's high caliber of people, knowledge and expertise and will be central to BG Group's overall delivery. KBR is a pioneer in project alliances and has delivered many successful projects in the North Sea using the alliancing model.
January 29, 2015
10:22 EDTDRCHigh option volume stocks
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January 28, 2015
08:32 EDTBWCBabcock & Wilcox unit awarded contracts for over $200M for biomss power plant
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January 27, 2015
10:24 EDTKBR, FLRDeutsche Bank warns E&C companies could be hit hard by low oil
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10:00 EDTKBR, FLROn the Fly: Analyst Downgrade Summary
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06:49 EDTKBRKBR downgraded to Hold from Buy at Deutsche Bank
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06:48 EDTFLRFluor downgraded to Hold from Buy at Deutsche Bank
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06:03 EDTDRCSiemens CEO says Dresser-Rand takeover 'makes sense,' Reuters reports
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January 26, 2015
13:30 EDTTISITeam management to meet with Stephens
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07:56 EDTDRCSiemens to face shareholder pushback over oil equipment acquisition, WSJ says
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January 22, 2015
10:03 EDTKBR, BWCOn the Fly: Analyst Initiation Summary
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10:03 EDTFLROn the Fly: Analyst Downgrade Summary
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07:48 EDTFLRFluor downgraded to Underperform from Buy at BofA/Merrill
As previously reported, BofA/Merrill assumed coverage on Fluor with an Underperform rating from a Buy rating. The firm sees better value elsewhere in the sector and expects double-digit backlog decline and peak earnings in 2015. Price target is $51.
07:43 EDTBWCBabcock & Wilcox initiated with a Buy at BofA/Merrill
Target $33.
07:42 EDTKBRKBR initiated with an Underperform at BofA/Merrill
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07:05 EDTFLRFluor downgraded to Underperform from Buy at BofA/Merrill
January 21, 2015
10:01 EDTMDROn The Fly: Analyst Downgrade Summary
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06:40 EDTMDRMcDermott downgraded to Neutral from Buy at UBS
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January 20, 2015
10:17 EDTKBRHalliburton, KBR appeals won't be heard by Supreme Court, Reuters reports
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08:36 EDTBWCBabcock & Wilcox to supply supercritical boiler for Vietnam power plant
The Babcock & Wilcox Company announced that its subsidiary, Babcock & Wilcox Power Generation Group, has been chosen to design and manufacture a supercritical coal-fired boiler and selective catalytic reduction system for the Duyen Hai 3 Extension power plant in Vietnam. The selection was made by Japanese prime contractor Sumitomo Corporation, which will build the 688 megawatt plant for its customer, Power Generation Corporation 1, a subsidiary of Electricity Vietnam. B&W has received a full notice to proceed and the project was booked in the fourth quarter of 2014. Engineering is underway and the plant is scheduled for commercial operation in mid 2018.

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