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Stock Market & Financial Investment News

News Breaks
August 4, 2014
08:36 EDTBWCBabcock & Wilcox unit awarded contract
The Babcock & Wilcox announced that Babcock & Wilcox Construction, a subsidiary of Babcock & Wilcox Power Generation Group, has been awarded a contract to erect a dry flue gas desulfurization unit at Southwestern Electric Power Flint Creek Power Plant in Gentry, Arkansas. BWCC will construct the 550 megawatt plantís dry FGD system, which will create hundreds of jobs during peak construction periods in 2015. The contract was booked by B&W PGG in Q2. Construction activity for Flint Creek is expected to begin soon, with completion scheduled for mid 2016.
News For BWC From The Last 14 Days
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January 22, 2015
10:03 EDTBWCOn the Fly: Analyst Initiation Summary
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07:43 EDTBWCBabcock & Wilcox initiated with a Buy at BofA/Merrill
Target $33.
January 20, 2015
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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