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Stock Market & Financial Investment News

News Breaks
February 10, 2014
08:41 EDTFLRFluor names Peter Oosterveer as COO
Fluor Corporation announced a realignment of senior executives to improve its speed to market and client offerings for its commercial businesses. Peter Oosterveer was named COO, responsible for leading the growth and development of Fluor’s commercial business lines. In addition to Oosterveer’s appointment as COO, Fluor is creating a more streamlined organization based on the company’s commercial business lines. He is additionally responsible for the integration and advancement of the company's direct-hire construction, fabrication and modularization capabilities. Financial performance will be reported through the company’s current reporting segments. Oosterveer was formerly the group president of Fluor’s Energy & Chemicals Group.
News For FLR From The Last 14 Days
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October 24, 2014
11:44 EDTFLRFluor shares could double over next five years, Barron's says
Year to date, shares of Fluor have dropped about 20%, but the company has great long term potential given its $40B backlog of projects and strong cash position, Barron's reports. Reference Link
October 23, 2014
13:19 EDTFLRFluor, Technip awarded RAPID UIO project in Malaysia
Technip (TKPPY), in a joint venture with Fluor (FLR), was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities for the PETRONAS Refinery and Petrochemical Integrated Development project located in the state of Johor, Malaysia. Under this contract, the Fluor and Technip joint venture will be responsible for the utilities, interconnecting and offsites scope of work. RAPID’s refinery start-up is expected by early 2019. Technip’s operating centre in Kuala Lumpur, Malaysia, will execute the contract.
09:06 EDTFLRFluor, Technip awarded RAPID refinery facilities project in Malaysia
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08:54 EDTFLREngineering & construction stocks undervalued, says Sterne Agee
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