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Stock Market & Financial Investment News

News Breaks
March 7, 2013
08:37 EDTBWCBabcock & Wilcox signs contract for carbon capture project
Babcock & Wilcox subsidiary Babcock & Wilcox Power Generation Group has reached an agreement with the FutureGen Industrial Alliance to begin initial engineering and preparation for full front-end engineering and design work on the U.S. Department of Energy’s FutureGen 2.0 carbon capture and storage project. B&W’s complete scope of work for FutureGen 2.0 includes the design of the near-zero emissions plant’s oxy-coal combustion system, air quality control systems, boiler, steel and other control systems.
News For BWC From The Last 14 Days
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June 29, 2015
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.

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