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Stock Market & Financial Investment News

News Breaks
February 28, 2013
08:20 EDTCBIChicago Bridge & Iron shares should be bought, says Sterne Agee
Sterne Agee believes that Chicago Bridge & Iron finished 2012 on a strong note and recommends buying the stock ahead of the company's March 28 investor meeting. The firm raised its target on the shares to $60 from $56 and maintains a Buy rating.
News For CBI From The Last 14 Days
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September 2, 2015
08:00 EDTCBICB&I awarded contract for LACC ethane cracker project
CB&I announced it has been awarded an early works contract by LACC, LLC, a joint venture between Axiall Corporation and Lotte Chemical Corporation, to provide additional detailed engineering and early procurement services associated with the proposed LACC Ethane Cracker Project in Lake Charles, Louisiana. This new scope of work follows CB&I's previous supply of its proprietary ethylene technology and front-end engineering design services to LACC.
September 1, 2015
08:02 EDTCBICB&I awarded storage sphere contracts in excess of $70M
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August 31, 2015
08:03 EDTCBICB&I announces expansion award for Sunoco's Mariner East 2 project
CB&I announced it has been awarded a contract valued at approximately $300M by Sunoco Partners Marketing & Terminals, LP for the expansion of the Marcus Hook Industrial Complex in Marcus Hook, Pennsylvania. The award is part of Sunoco's Mariner East 2 project. The scope of work includes the engineering, procurement, fabrication and construction of four large low-temperature tanks that will be used for the storage of refrigerated ethane, butane and propane. CB&I previously announced it is providing an ethane and propane tank for the complex as part of the Mariner East 1 project.

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