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Stock Market & Financial Investment News

News Breaks
July 15, 2014
07:46 EDTJEC, BPJacobs receives project services contract from BP
Jacobs (JEC) announced that it was awarded a contract with BP (BP) to provide engineering, design and procurement services for the Coker Heater Replacement Project at its Cherry Point Refinery in Blaine, Washington. Company officials did not disclose the contract value.
News For JEC;BP From The Last 14 Days
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August 4, 2015
07:46 EDTJECJacobs Engineering awarded contract by NJDOT
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August 3, 2015
08:25 EDTBPMobileye, Delphi named Volkswagen supplier partners for ADAS
On Friday, Volkswagen Group (VLKAY) announced it has nominated the first 44 suppliers who will be collaborating with the Group on a new common strategic level under the joint "Future Automotive Supply Tracks," or "FAST," initiative. "These suppliers were chosen for their outstanding performance in their respective field of competence based on a systematic selection process," Volkswagen stated. Mobileye (MBLY) and Delphi (DLPH) were each named as partners for ADAS, or advanced driver assistance systems. Other supplier partners named by the German automaker included NVIDIA (NVDA), Vodafone (VOD), IBM (IBM), Avis Budget (CAR), Corning (GLW), Honeywell (HON), BP (BP) and Exxon Mobil (XOM).
July 31, 2015
12:51 EDTJECJacobs Engineering selected as preferred bidder by EDF to support 3,200MW plant
Jacobs Engineering Group announced that it has been selected as a preferred bidder by EDF Energy to support its proposed new 3,200 MW nuclear power generation plant at Hinkley Point in Somerset, United Kingdom. Under the terms of the contract, Jacobs is to provide project management for the building and civil work on the main construction site including the marine works. Jacobs has worked on every nuclear licensed site in the UK, providing specialist expertise across the complete nuclear lifecycle from the existing nuclear power generation fleet, the new build program, through to decommissioning and clean up. Jacobs is currently providing a wide range of services to the EDF Group for projects in the UK and Europe. These include project management services to support EDF Energy’s program of maintenance and life extension projects at its eight UK nuclear power station sites and environmental services to support the 2000 megawatt Cottam and West Burton coal-fired stations.
July 30, 2015
10:00 EDTBPOn The Fly: Analyst Upgrade Summary
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08:16 EDTBPBP upgraded to Buy from Hold at Argus
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July 29, 2015
13:04 EDTBPSaudi Arabia to lower oil production after summer, WSJ reports
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July 28, 2015
09:18 EDTBPOn The Fly: Pre-market Movers
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07:49 EDTJECJacobs Engineering announces formal restructuring effort
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07:48 EDTJECJacobs board reauthorizes additional $500M share buyback program
Says Board of Directors reauthorizes an additional $500 million share buyback program with a term of three years.
07:47 EDTJECJacobs Engineering raises FY15 EPS view to $3.11-$3.31 from $2.90-$3.20
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07:46 EDTJECJacobs Engineering reports Q3 adjusted EPS 97c, consensus 73c
Reports Q3 revenue $2.91B, consensus $3.01B. Jacobs also announced continued strength in total backlog of $18.8 billion at June 26, 2015, including a technical professional services component of $12.2 billion.
05:57 EDTBPBP sees Q3 production to be broadly flat with Q2
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05:57 EDTBPBP reports Q2 production up 0.3% to 2,112 mboe/d
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05:56 EDTBPBP reports Q2 profit ($5.82B) vs. $3.37B last year
Reports Q2 replacement cost profit ($6.27B) vs. $3.18B last year. Reports Q2 underlying replacement cost benefit $1.31B vs. $3.64B last year. Reports Q2 underlying replacement cost profit per ordinary share of $7.17 vs. $19.71 last year. Reports Q2 replacement cost per ADS 43c vs. $1.18 last year.
July 27, 2015
15:03 EDTBPNotable companies reporting before tomorrow's open
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July 23, 2015
11:49 EDTJECJacobs wins Smart Motorway Project contract by Highways England
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July 22, 2015
06:39 EDTBPEuro, U.S. oil and gas groups to find tough competition in Iran, WSJ says
European and U.S. oil and gas firms drawn to Iran as sanctions lessen can expect not only opportunities, but also Iranian companies offering tough competition or joint ventures, the Wall Street Journal reports. Though no Iran-based companies have the clout of firms such as Exxon Mobil (XOM) or Schlumberger (SLB), companies that can take on engineering tasks are emerging and growing in Iran, the report says. If the Iran nuclear agreement comes into effect and sanctions are lifted against Iran sometime soon, those Iranian companies will be well positioned to compete for tens of billions of dollars worth of service contracts, the report adds. Other publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
06:27 EDTBPBP faces challenges in India, Russia, WSJ reports
BP's oil and gas fields project in India with Reliance Industries, the company's first major project since the Deepwater Horizon spill in 2010, has been stalled, posing global challenges for the oil giant, the Wall Street Journal reports. In addition, political hurdles in Russia and cost-ineffective shale operations in the U.S. have also hurt BP, the report says. Reference Link
July 21, 2015
07:46 EDTJECJacobs wins five year contract from Suncor
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07:45 EDTJECJacobs Engineering awardedc ontract for California high speed rail
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