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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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January 27, 2015
10:24 EDTCBIDeutsche Bank warns E&C companies could be hit hard by low oil
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06:51 EDTCBIChicago Bridge & Iron price target lowered to $51 from $80 at Deutsche Bank
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January 26, 2015
08:05 EDTCBIChicago Bridge & Iron awarded $65M contract renewal
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January 22, 2015
10:03 EDTCBIOn the Fly: Analyst Initiation Summary
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06:28 EDTCBIChicago Bridge & Iron initiated with an Underperform at BofA/Merrill
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January 14, 2015
09:35 EDTCBIChicago Bridge downgraded to Overweight from Focus List at Johnson Rice
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