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News Breaks
March 18, 2014
07:47 EDTCOP, JECJacobs 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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October 12, 2015
05:47 EDTCOPExxon Mobil upgraded to Equal Weight from Underweight at Barclays
Barclays analyst Paul Cheng upgraded Exxon Mobil (XOM) to Equal Weight citing the oil major's relative dividend yield. Cheng raised his price target for shares to $85 from $80. The analyst, however, prefers shares of ConocoPhillips (COP) or Suncor (SU) over Exxon (XOM).
October 8, 2015
05:14 EDTJECJacobs Engineering announces new global leadership structure
Jacobs Engineering announced that it will move to a new leadership structure organized around four global lines of business. These changes are designed to better serve the needs of our global client base, leverage our talented workforce and provide enhanced growth opportunities across the business. The four global lines of business are: Petroleum & Chemicals - J. Gary Mandel will become president of this line of business. Petroleum & Chemicals will serve Jacobs' clients around the globe in oil & gas, refining and chemicals related opportunities. Buildings & Infrastructure - Phillip J. Stassi will become president of this line of business. This change will allow Jacobs to better leverage its buildings and infrastructure capabilities to take advantage of the growth opportunities in this global market. Aerospace & Technology - Terence D. Hagen will become president of this line of business. It will serve Jacobs' global aerospace, defense and nuclear clients. Industrial - Andrew F. Kremer will become president of this line of business. Industrial will cover mining & metals, inorganic chemicals, pulp & paper and manufacturing clients. As part of the Industrial line of business, Jacobs is creating a Life Sciences global business unit. Robert G. Norfleet will become senior vice president and general manager of this new unit. Life Sciences will serve Jacobs' global clients in the pharma-bio space as well as in related biologic areas.
October 6, 2015
07:46 EDTJECJacobs wins $390M EPCM contract from Nippon Shokubai Europe
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07:45 EDTJECJacobs Engineering awarded lean contract for Network Rail in U.K.
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October 1, 2015
05:21 EDTCOPStocks with implied volatility movement; GPS COP
Stocks with implied volatility movement; Gap (GPS) 34, ConocoPhillips (COP) 37 according to iVolatility.
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.
12:34 EDTCOPConocoPhillips mentioned positively by Seeking Alpha contributor
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09:56 EDTCOPConocoPhillips strength attributed to takeover speculation

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