House Transportation & Infrastructure Committee to hold a hearing The Panel on Public Private Partnerships holds a hearing entitled, "Overview of Public-Private Partnerships for Highway and Transit Projects" to receive testimony on the role public-private partnerships play in the delivery of highway and transit projects. Participants include Senior Vice President of Fluor (FLR), Richard Fierce on March 5 at 10 am. Webcast Link
Fluor comments positive, says Sterne Agee Sterne Agee believes that Fluor provided upbeat and confident commentary around multiple end- market opportunities. The firm thinks the company's backlog and margins can expand. It keeps a $105 price target and Buy rating on the shares.