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Stock Market & Financial Investment News

News Breaks
May 6, 2014
07:47 EDTJEC, BAJacobs selected by Boeing for project and construction management contract
Jacobs Engineering Group (NYSE:JEC) announced that it was selected by Boeing (BA) to provide Project Management and Construction Management services to support the design and construction of a new fabrication facility in Everett, Washington. Under the terms of the contract, Jacobs is providing preliminary planning support, project management, construction management and project controls for the 1.2 million-square-foot Composite Wing Center for Boeing’s 777X, the newest member of its commercial airplane fleet. Up to 2,000 construction professionals could be employed to build the facility. Construction is expected to begin in late 2014 and to be completed by mid-2016.
News For JEC;BA From The Last 14 Days
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August 22, 2014
18:16 EDTBAGeneral Electric equipped 787 Dreamliner approved by regulators, WSJ says
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August 21, 2014
11:26 EDTBABoeing reports 12 new orders in weekly update
Boeing reported orders for 10 737s and two 777s for unidentified customers in its weekly update.
August 20, 2014
05:10 EDTJECJacobs Engineering announces $500M share repurchase program
Jacobs Engineering Group announced that its board approved a program to repurchase up to $500M of the company's common stock over the next three years.
August 19, 2014
16:45 EDTBABombardier shakes up commercial aircraft marketing division, WSJ says
Canadian transportation company Bombardier (BDRBF) has replaced its commercial aircraft marketing chief Philippe Poutissou with Ross Mitchell, says the Wall Street Journal. The moves come as part of a broader restructuring of Bombardier's marketing division as the company competes with Boeing (BA) and Airbus Group (EADSY), added the Wall Street Journal. Reference Link
07:46 EDTJECJacobs designs and builds iron sulfate plant for Huntsman pigments in Italy
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07:46 EDTJECJacobs receives contract from Hong Kong SAR government
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August 14, 2014
17:49 EDTBABoeing awarded $295.64M government contract
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13:39 EDTBABoeing reports 10 new 777 orders in weekly update
Boeing in its weekly update reported 10 new 777 orders for unidentified customers.
06:32 EDTBABoeing clears way for new 777X wing facility, Reuters says
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August 13, 2014
16:40 EDTBAAir Lease places two new Boeing 777-300ERS wth KLM
Air Lease announced long term lease agreements with KLM for two additional new Boeing (BA) 777-300ER aircraft, scheduled for delivery in 2H16 and early 2017. These aircraft placements are in addition to the two new 777-300ER aircraft scheduled for lease from ALC to KLM in early 2015 and early 2016.
06:09 EDTBABoeing, Sikorsky selected to build Technology Demonstrator
Sikorsky Aircraft, a subsidiary of United Technologies (UTX) and Boeing (BA) have been selected to build a helicopter for the U.S. Army’s Joint Multi-Role Technology Demonstrator Phase 1 program, paving the way for the next generation of vertical lift aircraft. The U.S. Army Aviation Technology Directorate selected the Sikorsky-Boeing team to continue the development of the SB>1 Defiant, a medium-lift helicopter configured to Sikorsky’s X2 coaxial design, through flight testing. First flight for the program is expected in 2017. Reference Link
August 12, 2014
07:46 EDTJECJacobs receives contract from Exxon Mobil
Jacobs Engineering (JEC) announced that it was awarded a contract from ExxonMobil (XOM)Chemical to provide engineering, procurement and construction services as part of a multi-billion dollar ethane cracker project in ExxonMobil’s Baytown, Texas complex and associated premium product facilities in Mont Belvieu, Texas. Company officials did not disclose the contract value. Under the terms of the contract, Jacobs is providing site enabling works and interconnections services for the two sites. Jacobs’ scope of work includes site preparation of 350 acres for the ethane cracker in Baytown and 100 acres for the product facilities in Mont Belvieu.
06:29 EDTBABoeing sees most defense arm reductions from supply chain, Reuters says
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August 11, 2014
06:50 EDTBAJason Communications to sponsor a symposium
17th Annual Space and Missile Defense Symposium to be held in Huntsville, Alabama on August 11-14.

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