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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.
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July 24, 2014
08:25 EDTFLRFluor consortium announced as preferred bidder for Netherlands project
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July 23, 2014
17:33 EDTFLRFluor awarded 3-year contract by DOE valued at about $420M
Fluor was chosen by the U.S. Department of Energy, or DOE, for the next phase of cleanup at the Paducah Gaseous Diffusion Plant, or GDP, in Paducah, Kentucky. Fluor is the prime contractor for the management, integration and execution of the deactivation and post-GDP shutdown remediation activities at the Paducah site. It is anticipated that the new contract will help reduce environmental risks and create local job opportunities. The estimated value of the contract, which Fluor booked in Q3, is approximately $420M over three years.
06:58 EDTFLRFluor initiated with an Outperform at Wells Fargo
Price target range $103-$105.

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