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Stock Market & Financial Investment News

News Breaks
January 28, 2013
08:45 EDTBWCBabcock & Wilcox names Kairus K. Tarapore as Chief Administrative Officer
The Babcock & Wilcox Company announced that Kairus K. Tarapore is named Chief Administrative Officer, effective immediately. Tarapore replaces former B&W Senior Vice President and Chief Human Resources Officer Vangel Athanas, who is leaving B&W to pursue other opportunities. Prior to joining B&W, Mr. Tarapore served as Executive Vice President, Human Resources, for Ceridian Corporation from 2006 to 2012.
News For BWC From The Last 14 Days
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February 25, 2015
16:30 EDTBWCBabcock & Wilcox reports Q4 adjusted EPS 64c, consensus 44c
Reports Q4 revenue $837.1M, consensus $771.54M.
February 12, 2015
08:32 EDTBWCBabcock & Wilcox says awarded $535M Navy contract
Babcock & Wilcox announced that its subsidiary Babcock & Wilcox Nuclear Operations Group has been awarded contracts totaling approximately $535.1M for the manufacture of naval nuclear reactor components for U.S. Navy submarines and aircraft carriers. Of this work, approximately $424.6M was issued as options under previously announced contract awards in 2010 and 2013. Approximately $110.5M has been issued under new contracts awarded in late 2014. The work under these contracts, which began in January 2015, is being performed at B&W NOG's facilities in three states over the next several years. The primary activity funded under these contracts is the manufacture of nuclear propulsion components for Virginia Class submarines and Ford Class aircraft carriers. Also included are work scopes for the disassembly and recovery of highly enriched uranium materials.

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