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Stock Market & Financial Investment News

News Breaks
May 7, 2014
06:47 EDTFWLTFoster Wheeler reports Q1 adjusted EPS 19c, consensus 38c
Reports Q1 revenue $711.70M, consensus $885.63M
News For FWLT From The Last 14 Days
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August 20, 2014
07:31 EDTFWLTFoster Wheeler awarded contract for heat recovery steam generator in Mexico
Foster Wheeler AG announced that a subsidiary of its Global Power Group has been awarded a contract by Iberdrola, for the design and supply of a heat recovery steam generator. The unit will be installed at a cogeneration plant that Iberdrola is building at the Kimberly Clark de Mexico Ramos Arizpe Facility in Coahuila, Mexico. Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed, and the contract value will be included in the company’s third-quarter 2014 bookings. Foster Wheeler will design and supply the HRSG and provide advisory services for erection and start-up of the unit, which will incorporate a dual pressure level design with the capability to produce steam with or without combustion turbine operation. The HRSG will be coupled to a GE LM6000PH combustion gas turbine. Commercial operation of the HRSG is scheduled to begin during the first quarter of 2016.
August 14, 2014
07:30 EDTFWLTFoster Wheeler licensee receives contracts for HRSGs in Asia
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