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Stock Market & Financial Investment News

News Breaks
February 17, 2014
17:16 EDTFLRFluor says joint venture team selected for fuels project in Kuwait
Fluor announced its joint venture team was selected by Kuwait National Petroleum Company as the preferred bidder to design, construct and commission the Mina Abdullah Package 2 Clean Fuels Project in southern Kuwait. Fluor expects to book its undisclosed portion of the project value in Q1. For the lump-sum, turnkey project, Fluor will provide engineering, procurement, construction (EPC) services as well as the associated commissioning, start-up and testing support.
News For FLR From The Last 14 Days
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January 22, 2015
10:03 EDTFLROn the Fly: Analyst Downgrade Summary
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07:48 EDTFLRFluor downgraded to Underperform from Buy at BofA/Merrill
As previously reported, BofA/Merrill assumed coverage on Fluor with an Underperform rating from a Buy rating. The firm sees better value elsewhere in the sector and expects double-digit backlog decline and peak earnings in 2015. Price target is $51.
07:05 EDTFLRFluor downgraded to Underperform from Buy at BofA/Merrill

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