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Stock Market & Financial Investment News

News Breaks
August 19, 2014
07:46 EDTJEC, HUNJacobs designs and builds iron sulfate plant for Huntsman pigments in Italy
Jacobs Engineering Group (JEC) recently completed Huntsman Pigments’ (HUN) new EUR38M iron sulfate plant at its titanium dioxide pigment manufacturing facility in Scarlino, Italy. Huntsman celebrated the completion on July 1. Jacobs worked closely with Huntsman to execute the project from its Milan, Italy office; providing engineering and design, procurement assistance, construction management and project management services for the project, which involved safely integrating the new facility into the existing operating plant. Commissioning of the new plant is now underway. It is expected to be fully operational in the fall of 2014.
News For JEC;HUN From The Last 14 Days
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February 3, 2016
11:32 EDTJECJacobs sees underlying Q2 results 'similiarly challenged' as Q1
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11:30 EDTJECJacobs Engineering says continues to identify additional cost reductions
Says adverse market conditions, particularly in oil and mining, continue to have significant impact on businesses. Says growth markets including aeropsace, pharma-bio helped mitigate pressures from more challenged sectors. Says balance sheet "strong," should strengthen further. Regarding restructuring, says continues to identify additional cost reductions and believes company has opportunities to further streamline and achieve more efficiences. Says conducting economic review of entire portfolio. Sees "a lot of uncertainty" in oil and gas markets. Says refining segment "solid." Says share buyback program an appropriate use of cash. Comments taken from the Q1 earnings conference call. Jacobs is down 3.83% to $37.18 in late morning trading.
08:34 EDTJECJacobs Engineering reports total backlog of $18.2B at January 1
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08:33 EDTJECJacobs Engineering backs FY16 adjusted EPS view $2.80-$3.30, consensus $3.08
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08:32 EDTJECJacobs Engineering reports Q1 adjusted EPS 78c, consensus 69c
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February 2, 2016
07:49 EDTJECJacobs awarded Pre-FID study contract for Baltic Gas project
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07:48 EDTJECJacobs awarded $436M Aberdeen Test Center support services contract
Jacobs Engineering announced it received a contract from the U.S. Army to provide test support services to the Aberdeen Test Center at Aberdeen Proving Ground, Maryland. Jacobs has supported ATC since 2001 through two predecessor contracts and one bridge contract. The total maximum cost of the five-year indefinite delivery/indefinite quantity contract is $436M. Jacobs' role is to provide mission test support services to ATC, one of the Department of Defense's premier test and training ranges supporting both military and commercial materiel developers, by testing a broad spectrum of equipment throughout the life cycle, from concept through deployment.
January 29, 2016
07:46 EDTJECJacobs confirmed in framework for decommissioning work with Sellafield
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January 26, 2016
07:46 EDTJECJacobs awarded contract by Welsh Government for road improvement
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