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Stock Market & Financial Investment News

News Breaks
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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November 24, 2014
12:59 EDTCBIOn The Fly: Midday Wrap
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10:00 EDTCBIOn The Fly: Analyst Downgrade Summary
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09:23 EDTCBIOn The Fly: Pre-market Movers
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06:03 EDTCBIChicago Bridge & Iron downgraded to Sell from Neutral at Goldman
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November 12, 2014
06:27 EDTCBICB&I sees FY15 EPS $5.75-$6.05, consensus $5.85
Sees FY15 revenue $14.8B-$15.2B, consensus $14.43B
06:27 EDTCBICB&I sees FY14 adjusted EPS $4.80-$5.65, consensus $5.18
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November 11, 2014
08:08 EDTCBIChicago Bridge & Iron awarded contract by Calpine Mid-Merit
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08:07 EDTCBIChicago Bridge & Iron awarded $40M contract by Coffeyville Resources
CB&I announced it has been awarded a contract valued in excess of $40M by Coffeyville Resources Refining & Marketing. The project scope includes the engineering, procurement, fabrication and field construction of a 22 million standard cubic feet per day hydrogen plant at its refinery in Coffeyville, Kansas.
November 10, 2014
15:43 EDTCBIAmerican Petroleum Institute to hold a conference
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09:58 EDTCBIChicago Bridge & Iron volatility elevated into investor meeting
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08:03 EDTCBICB&I awarded plant services contract renewal by Arizona Public Service
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