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Stock Market & Financial Investment News

News Breaks
June 4, 2014
07:35 EDTFWLT, OCFoster Wheeler awarded EPCM contract for Owens Corning facility
Foster Wheeler AG (FWLT) announced that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management contract by Owens Corning (OC) for a new composite materials manufacturing facility at Gastonia, North Carolina. The plant will produce a paper-like glass-fiber tissue that is used in various industries to add strength to products while also reducing their weight. Foster Wheeler's contract value was not disclosed. The engineering, procurement and early construction work was included in the company’s 1Q14 bookings and the balance of the construction management scope is expected to be released later in 2014.
News For FWLT;OC From The Last 14 Days
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July 24, 2014
10:03 EDTOCOn The Fly: Analyst Downgrade Summary
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06:28 EDTOCOwens Corning downgraded to Hold from Buy at Stifel
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July 23, 2014
07:35 EDTOCOwens Corning sees FY CapEx approximately $370M
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07:34 EDTOCOwens Corning reports Q2 adjusted EPS 38c, consensus 46c
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July 22, 2014
15:30 EDTOCNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include PepsiCo (PEP) , consensus $1.23; Boeing (BA), consensus $2.01; Dow Chemical (DOW), consensus 72c; EMC (EMC), consensus 43c; Simon Property Group (SPG), consensus $2.13; Thermo Fisher (TMO), consensus $1.62; General Dynamics (GD), consensus $1.77; Freeport-McMoRan (FCX), consensus 49c; Delta Air Lines (DAL), consensus $1.04; Northrop Grumman (NOC), consensus $2.22; Whirlpool (WHR), consensus $2.91; B/E Aerospace (BEAV), consensus $1.07; Ryder (R), consensus $1.40; Owens Corning (OC), consensus 46c.
July 17, 2014
07:32 EDTFWLTFoster Wheeler-led JV awarded contract by Nafusah Oil Operations
Foster Wheeler announced that a subsidiary of its Global Engineering and Construction Group, in joint venture with Taknia Libya Engineering, has been awarded a front-end engineering design contract by Nafusah Oil Operations Libyan Branch for an onshore oilfield development, known as the Area 47 Development Project in Libya. Area 47 is located in the Hamada region, approximately 200 km south of Tripoli, in the Ghadames Basin. The Foster Wheeler contract value was not disclosed and will be included in the company’s 2Q14 bookings.

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