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Stock Market & Financial Investment News

News Breaks
June 20, 2014
13:38 EDTSRE, CBIChicago Bridge & Iron confirms FERC approval for Cameron LNG project
CB&I (CBI) confirms Cameron LNG, a subsidiary of Sempra Energy (SRE), received authorization from the Federal Energy Regulatory Commission to site, construct and operate a natural gas liquefaction and export facility at the site of the company's LNG receipt terminal in Hackberry, La. CB&I said the FERC permit is one of the last major regulatory approvals required to start construction on the natural gas liquefaction facility. The authorization approves the development of the three-train liquefaction facility that will provide an export capability of 12M tonnes per annum of LNG, or approximately 1.7B cubic feet per day, and will allow CB&I and its joint venture partner, Chiyoda, to access the site and begin construction later this year, the company said.
News For CBI;SRE From The Last 14 Days
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December 15, 2014
10:00 EDTSREOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: UPS (UPS) downgraded to Hold from Buy at Deutsche Bank... CGG SA (CGG) downgraded to Underperform from Market Perform at Raymond James... Ford (F) downgraded to Hold from Buy at Deutsche Bank... Cenovus Energy (CVE) downgraded to Market Perform from Outperform at BMO Capital... Cobalt (CIE) downgraded to Neutral from Buy at Goldman... Gastar Exploration (GST) downgraded to Neutral from Buy at SunTrust... Itau Unitbanco (ITUB) downgraded to Neutral from Buy at Goldman... Methanex (MEOH) downgraded to Outperform from Strong Buy at Raymond James... OGE Energy (OGE) downgraded to Hold from Buy at Jefferies... SandRidge Energy (SD) downgraded to Neutral from Buy at SunTrust... Sempra Energy (SRE) downgraded to Neutral from Overweight at JPMorgan... HollyFrontier (HFC) downgraded to Neutral from Buy at BofA/Merrill... CNA Financial (CNA) downgraded to Market Perform from Outperform at William Blair... Allergan (AGN) downgraded to Hold from Buy at Stifel... RF Micro Devices (RFMD) downgraded to Neutral from Buy at DA Davidson.
08:01 EDTCBIChicago Bridge & Iron downgraded to Hold from Buy at Stifel
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07:04 EDTSRESempra Energy downgraded to Neutral from Overweight at JPMorgan
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December 10, 2014
08:03 EDTCBICB&I awarded plant services contract renewal valued at $80M
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