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Stock Market & Financial Investment News

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June 18, 2014
08:43 EDTCBIChicago Bridge & Iron attractively valued after sell-off, says William Blair
William Blair believes shares of Chicago Bridge & Iron are attractively valued following the 18% pullback over the past week. The firm views the allegation of overstating earnings, as highlighted yesterday by Prescience Point, as overblown and based on aggressive assumptions. William Blair believes Chicago Bridge's purchase price allocation adjustments were in line with GAAP accounting standards and it keeps an Outperform rating on the stock. Shares of Chicago Bridge were upgraded this morning at DA Davidson.
News For CBI From The Last 14 Days
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August 26, 2014
08:08 EDTCBIChicago Bridge & Iron awarded contract by Shenhua Ningxia Coal Industry Group
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August 21, 2014
08:02 EDTCBIChicago Bridge & Iron awarded technology contract in Poland
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