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Stock Market & Financial Investment News

News Breaks
March 18, 2014
07:47 EDTJEC, COPJacobs Engineering receives project services contract from ConocoPhillips
Jacobs Engineering Group (JEC) announced that it received a contract from ConocoPhillips (COP) to provide engineering, procurement and construction services for projects across the lower 48 states of the U.S. Company officials did not disclose the contract value, but noted that it is a three year program with options to extend it for an additional four years. Jacobsí scope of work under the terms of the contract includes front end studies and engineering, procurement and construction management services for a range of ConocoPhillips projects.
News For JEC;COP From The Last 14 Days
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July 30, 2015
13:57 EDTCOPConocoPhillips sees $400M charge in Q3 to terminate drillship contract
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07:15 EDTCOPConocoPhillips says on track for higher end of its 2015 production target
The company is on track to achieve the higher end of its 2015 production target of 2%-3% growth compared with 2014 production from continuing operations, excluding Libya. Q3 production, excluding Libya, is expected to be 1,510 to 1,550 MBOED, which reflects planned turnaround activity during the quarter.
07:15 EDTCOPConocoPhillips lowers FY15 capex view to $11B from $11.5B
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07:13 EDTCOPConocoPhillips reports Q2 EPS ex-items 7c, consensus 4c
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July 29, 2015
15:08 EDTCOPNotable companies reporting before tomorrow's open
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13:04 EDTCOPSaudi Arabia to lower oil production after summer, WSJ reports
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July 28, 2015
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.
July 27, 2015
05:52 EDTCOPStocks with implied volatility movement; COX COP
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July 26, 2015
18:42 EDTCOPConocoPhillips plans 'thousands' of additional layoffs, WSJ says
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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 EDTCOPEuro, 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
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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