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Stock Market & Financial Investment News

News Breaks
March 4, 2014
07:47 EDTBP, JECJacobs awarded contract by BP
Jacobs Engineering (JEC) announced that it was awarded a contract by BP (BP) for process and infrastructure work on the greenfield Khazzan project in the Sultanate of Oman. Under the terms of the contract, Jacobs is providing engineering, procurement and construction management services in relation to approximately $2B of gas gathering and water pipelines, wellhead production facilities and export pipelines for the development of the southern sector of Block 61. Jacobsí scope of work also includes the detailed design and program management for the associated project infrastructure. The work utilizes resources from multiple Jacobs offices located in the Middle East, U.K., India and the U.S., and Jacobs is also committed to supporting the In Country Value goals of the Sultanate of Oman to build local content by developing the local workforce and engaging local suppliers. The project is expected to mobilize immediately.
News For JEC;BP From The Last 14 Days
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October 2, 2015
06:28 EDTBPBP in talks over deal with Iran, the Times reports
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October 1, 2015
09:35 EDTBPActive equity options trading on open
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September 30, 2015
17:26 EDTJECJacobs Engineering awarded contract from IKEA centers in Italy
Jacobs Engineering was selected by IKEA Centers to perform project and construction management services for a new shopping center in Roncadelle, Italy. The project consists of the construction of a two-level shopping center, fully integrated with the existing IKEA store. The new shopping center is scheduled to open in 2016.
September 28, 2015
10:00 EDTBPOn The Fly: Analyst Initiation Summary
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08:03 EDTBPBP initiated with an Outperform at BMO Capital
06:20 EDTBPBP not concerned over hostile takeover due to Macondo disclaimer, Bloomberg says
BP, which is allegedly readying defenses for potential acquisition offers, isn't concerned about a hostile takeover because of a disclaimer in its Macondo spill settlement that could put $12.6B onto the price tag, Bloomberg reports. A potential buyer may have to accelerate the payment of as much as two-thirds of the $18.7B in penalties BP agreed to pay the U.S. and several states, the report says, citing company filings. An option that provides the government and certain states the power to demand faster payment in a takeover basically hands them a veto over any deal, the report says. Reference Link
September 24, 2015
06:20 EDTBPBP management to meet with Jefferies
Meetings to be held in Chicago/Kansas City/Minneapolis September 29- October 1 hosted by Jefferies.
September 22, 2015
13:13 EDTBPBP initiated with a Neutral at Macquarie

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