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Stock Market & Financial Investment News

News Breaks
May 22, 2014
07:20 EDTBWC, TISI, PWR, MTRX, MDR, KBR, GLPW, FLR, DRC, WGJohnson 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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August 25, 2014
07:02 EDTMDRMcDermott names Stuart Spence as CFO, effective August 23
McDermott International (MDR) announced that Stuart Spence has been appointed EVP and CFO following the departure of Perry L. Elders, SVP and CFO, effective August 23. Elders will be pursuing other opportunities. Immediately prior to joining McDermott, Spence served as Vice President, Artificial Lift for Halliburton Company (HAL), where he had overall strategic and operational responsibility for Halliburtonís artificial lift product and service line.
August 22, 2014
18:15 EDTMTRXMatrix Service completes cash acquisition of Upstream Contractor
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16:05 EDTDRCDresser-Rand not currently running formal sales process, dealReporter says
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August 21, 2014
08:10 EDTKBRKBR awarded EPC contract for new HDPE facility in La Porte, Texas
KBR announced it has been awarded a contract from Gemini HDPE, a manufacturing joint venture between INEOS Olefins & Polymers USA and Sasol, to provide engineering, procurement, and construction, or EPC, services for a new high-density polyethylene, or HDPE, facility to be located at INEOS's Battleground Manufacturing Complex in La Porte, Texas. The new facility is designed to produce 470 kilotons per annum of bimodal HDPE using Innovene S process technology licensed from INEOS Technologies. The new, single-train facility will include new polymerization, pelletization, and railcar load-out facilities, plus upgrades to existing utilities and infrastructure.
06:09 EDTPWRQuanta Services selected for Chino Hills segment of Tehachapi project
Quanta Services announced that PAR Electrical Contractors, or PAR, a Quanta Services company, was selected by Southern California Edison for the 500-kilovolt underground project for the Chino Hills segment of the Tehachapi Renewable Transmission Project. PAR's scope of work under the contract is the civil package, which includes all infrastructure installation, road borings, manholes, steel risers and right of way restoration. Quanta expects construction of the project to begin this quarter and anticipates completing the project during 1Q15.

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