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Stock Market & Financial Investment News

News Breaks
January 18, 2013
08:30 EDTBWCBabcock & Wilcox files protest of Y-12/Pantex decision with GAO
The Babcock & Wilcox Company-led team of Nuclear Production Partners, LLC has filed a protest against NNSA’s award of a Management & Operating contract for the Y-12 National Security Complex and the Pantex Plant. NP2 was notified by NNSA on January 8 that it was not awarded the contract. NP2 filed the protest in accordance with Federal regulations at 4 C.F.R. §21. GAO must rule on the protest within 100 days of NP2’s filing. In the interim, the incumbent B&W-led LLCs will continue to safely and securely manage the Pantex and Y-12 facilities under their current contracts.
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May 15, 2013
08:34 EDTBWCBabcock & Wilcox announces $366M contract from Navy
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May 7, 2013
16:41 EDTBWCBabcock & Wilcox reaffirms FY13 adj. EPS view $2.25-$2.45, consensus $2.31
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16:39 EDTBWCBabcock & Wilcox reports Q1 EPS adj. 46c, consensus 49c
Reports Q1 revenue $805.4M, consensus $826.64M.

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