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Stock Market & Financial Investment News

News Breaks
June 18, 2014
10:32 EDTCBIChicago Bridge & Iron volatility spikes on wide price movement
Chicago Bridge & Iron June call option implied volatility is at 64, July is at 43, October is at 35; compared to its 26-week average of 27 according to Track Data suggesting large near term price movement.
News For CBI From The Last 14 Days
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December 15, 2014
08:01 EDTCBIChicago Bridge & Iron downgraded to Hold from Buy at Stifel
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December 10, 2014
08:03 EDTCBICB&I awarded plant services contract renewal valued at $80M
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December 3, 2014
09:21 EDTCBIEngineering & Construction stock decline overdone, says Sterne Agee
Sterne Agee says that the decline in energy sensitive Engineering & Construction stocks has been overdone. The firm says that the stocks' current valuations appear to be supported by visible backlogs and new order flow, favorable downstream, dynamics natural gas monetization, regulatory-driven trends, and liquid financial profiles. The firm keeps Buy ratings on Chicago Bridge & Iron (CBI), Fluor (FLR), and Jacobs Engineering (JEC).

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