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Stock Market & Financial Investment News

News Breaks
September 14, 2012
07:58 EDTFLR, DOWFluor selected for Dow Chemical project in Texas
Fluor Corporation (FLR) was awarded an engineering, procurement and construction management contract by The Dow Chemical Company (DOW) for a propylene production asset project in Freeport, Texas. Fluor successfully completed the front-end engineering and design contract thereby setting the stage for this next-phase EPCM project award. Fluor will book the undisclosed value in the third quarter.
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May 16, 2013
08:08 EDTDOWDow Chemical's Enlist Duo Herbicide approved for use in Canada
Dow Chemical's wholly owned subsidiary Dow AgroSciences announced that Health Canada’s Pest Management Regulatory Agency has approved Enlist Duo herbicide with Colex-D Technology for use in Canada. This approval, which makes Canada the first nation to authorize this herbicide, is a milestone for the company’s Enlist Weed Control System.
06:15 EDTDOWDow ordered to pay $1.2B in urethane price-fixing case, Bloomberg reports
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05:27 EDTFLRFluor awarded $185M contract for Sharq Crossing program in Qatar
Fluor announced that the company executed a contract with Qatar's Public Works Authority to provide program management and construction supervision services for the approximately $5B Sharq Crossing program - previously referred to as the Doha Bay Crossing program. A formal notice of award was received in January and the contract was recently signed by both parties. The approximately $185M contract will be booked in Fluor's Q2.
May 15, 2013
07:33 EDTDOWNational Association of Business Economics to hos a conference
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05:35 EDTFLRFluor reaches settlement covering all outstanding issues on Greater Gabbard
Fluor announced today that the company and Greater Gabbard Offshore Winds have reached a settlement on all outstanding claims related to the construction of the Greater Gabbard offshore wind farm project located off the coast of Suffolk, England. Financial terms of the settlement will not be disclosed and there is no material financial impact to Fluor. The agreement fully resolves all disputes and concludes Fluor's involvement in the project.
May 9, 2013
10:08 EDTFLROn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Chicago Bridge & Iron (CBI) initiated with a Buy at Deutsche Bank... Fluor (FLR) initiated with a Buy at Deutsche Bank... Infinity Pharmaceuticals (INFI) initiated with an Outperform at Wells Fargo... Jacobs Engineering (JEC) initiated with a Hold at Deutsche Bank... KBR (KBR) initiated with a Buy at Deutsche Bank... MasTec (MTZ) initiated with a Buy at Deutsche Bank... McDermott (MDR) initiated with a Hold at Deutsche Bank... Merit Medical (MMSI) initiated with a Hold at Benchmark Co... Ocean Power (OPTT) initiated with a Strong Buy at Ascendiant Capital... Quanta Services (PWR) initiated with a Buy at Deutsche Bank... ZELTIQ Aesthetics (ZLTQ) initiated with a Buy at Maxim... Evercore Partners (EVR) initiated with a Positive at Susquehanna... Alexander & Baldwin (ALEX) initiated with an Outperform at JMP Securities... Myriad Genetics (MYGN) coverage resumed with an Overweight at Stephens... Pinnacle Foods (PF) initiated with a Buy at Janney Capital.
May 8, 2013
16:29 EDTFLRFluor initiated with a Buy at Deutsche Bank
Target $84.
07:39 EDTDOWW.R. Grace a natural buyer of Dow polypropylene assets, says Piper Jaffray
After visiting W.R. Grace's (GRA) headquarters, Piper Jaffray raised its price target for shares to $95 from $90 and keeps an Overweight rating on the stock. Piper views Grace as a natural buyer of the Dow Chemical (DOW) polypropylene catalyst assets that are coming on the market over the next 4-6 weeks.
May 7, 2013
09:10 EDTDOWDow Chemical confirms receipt of $2.2B in cash proceeds from PIC
The Dow Chemical Company announced that it has completed final resolution of the K-Dow arbitration with Petrochemical Industries Company of Kuwait, and confirms that Dow has received a direct cash payment of $2.2B from PIC. Payment reflects the full damages awarded by the International Chamber of Commerce, as well as recovery of Dow’s costs.
09:03 EDTDOWDow AgroSciences receives U.S. EPA registration for sulfoxaflor
Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company, announced that U.S. regulatory authorities have approved the new insecticidal active ingredient, sulfoxaflor to be marketed in the U.S. as Transform and Closer. The U.S. registration, and the recent Canadian registration, are the result of a Global Joint Review which also includes Australia. Australian sulfoxaflor registration is expected by third quarter 2013. South Korea, Panama, Vietnam, Indonesia, and Guatemala have already registered sulfoxaflor and additional global registrations are expected in the near future.
May 6, 2013
08:30 EDTDOWLyondellBasell and Dow have upside form lower ethane costs, says Morgan Stanley
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05:56 EDTDOWU.S. natural gas exports helped by geopolitical debate, WSJ reports
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