New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 12, 2014
07:46 EDTXOM, JECJacobs receives contract from Exxon Mobil
Jacobs Engineering (JEC) announced that it was awarded a contract from ExxonMobil (XOM)Chemical to provide engineering, procurement and construction services as part of a multi-billion dollar ethane cracker project in ExxonMobil’s Baytown, Texas complex and associated premium product facilities in Mont Belvieu, Texas. Company officials did not disclose the contract value. Under the terms of the contract, Jacobs is providing site enabling works and interconnections services for the two sites. Jacobs’ scope of work includes site preparation of 350 acres for the ethane cracker in Baytown and 100 acres for the product facilities in Mont Belvieu.
News For JEC;XOM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 13, 2015
12:18 EDTJECJacobs Engineering awarded contract from Texas Department of Transportation
Subscribe for More Information
October 12, 2015
10:00 EDTXOMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Bloomin' Brands (BLMN) upgraded to Strong Buy from Buy at CL King... Blue Buffalo Pet Products (BUFF) upgraded to Overweight at Morgan Stanley... Brandywine Realty (BDN) upgraded to Outperform from Neutral at Credit Suisse... CONMED (CNMD) upgraded to Buy from Neutral at Ladenburg... CVR Refining (CVRR) upgraded to Overweight from Equal Weight at Barclays... Charles River (CRL) upgraded to Market Perform from Underperform at Wells Fargo... Citizens Financial (CFG) upgraded to Buy from Neutral at Citi... Eni SpA (E) upgraded to Neutral from Reduce at Nomura... Entravision (EVC) upgraded to Outperform from Neutral at Wedbush... Exxon Mobil (XOM) upgraded to Equal Weight from Underweight at Barclays... Federated National (FNHC) upgraded to Buy from Neutral at Janney Capital... Goldman Sachs (GS) upgraded to Buy from Hold at Sandler O'Neill... Harris (HRS) upgraded to Overweight from Neutral at JPMorgan... Impala Platinum (IMPUY) upgraded to Outperform from Underperform at RBC Capital... MGIC Investment (MTG) upgraded to Outperform from Market Perform at Keefe Bruyette... Melco Crown (MPEL) upgraded to Outperform from Neutral at Credit Suisse... NetApp (NTAP) upgraded to Outperform from Neutral at Baird... Northrop Grumman (NOC) upgraded to Neutral from Underweight at JPMorgan... PBF Energy (PBF) upgraded to Equal Weight from Underweight at Barclays... PPG Industries (PPG) upgraded to Buy from Neutral at Goldman... RWE AG (RWEOY) upgraded to Buy from Hold at Societe Generale... Raytheon (RTN) upgraded to Overweight from Neutral at JPMorgan... The Advisory Board (ABCO) upgraded to Outperform from Market Perform at FBR Capital.
05:47 EDTXOMExxon 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 9, 2015
16:00 EDTXOMOptions Update; October 9, 2015
iPath S&P 500 VIX Short-Term Futures up 1c to 21.29. Option volume leaders: AAPL FB NFLX GE TWTR AA TSLA BABA XOM GPRO
October 8, 2015
08:46 EDTXOMExxon Mobil favored defensive position in integrated oil space, says Cowen
Subscribe for More Information
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 7, 2015
08:43 EDTXOMExxon Mobil volatility flat as WTI oil trades above $49
Subscribe for More Information
October 6, 2015
16:01 EDTXOMOptions Update; October 6, 2015
Subscribe for More Information
07:46 EDTJECJacobs wins $390M EPCM contract from Nippon Shokubai Europe
Subscribe for More Information
07:45 EDTJECJacobs Engineering awarded lean contract for Network Rail in U.K.
Subscribe for More Information
October 1, 2015
19:56 EDTXOMExxon Mobil filed $2.63M for Arkansas crude spill, Reuters says
Subscribe for More Information
12:16 EDTXOMOn The Fly: Top stock stories at midday
Stocks on Wall Street were lower at midday as investors remain cautious following last quarter's rout. The Dow, Nasdaq and S&P 500 each lost 7% or more in the third quarter and yesterday's end-of-quarter rally is turning out to be very short-lived as investors brace for tomorrow's nonfarm jobs report and the Federal Reserve rate setting meeting that comes late this month. ECONOMIC EVENTS: In the U.S., Markit's manufacturing purchasing managers' index inched up to 53.1 in the final September reading, compared to the preliminary September figure of 53.0 that was flat from August. ISM's manufacturing index fell to 50.2 in September, however, versus expectations for a reading of 50.6. Construction spending grew 0.7% in August, versus the consensus expectation for a rise of 0.5% for the month. Initial jobless claims rose to 277,000 in the week of September 26, versus expectations for 271,000 first-time claims. In Asia, Chinese markets were closed for holidays, but monthly manufacturing data was still released. The government's official manufacturing PMI ticked up to 49.8, beating expectations for a 49.6 reading. The final Caixin/Markit PMI, meanwhile, fell to a fresh six-and-a-half-year low of 47.2 in September, though that was slightly improved an earlier flash estimate of 47. In Japan, the Bank of Japan's quarterly tankan survey of large manufacturers for the September quarter came in at positive 12, compared with expectations for a positive 13 reading. In Europe, Markit's final Eurozone manufacturing PMI for September came in at 52.0, consistent with the flash figure and down from August's final 52.3 reading. COMPANY NEWS: Shares of General Motors (GM) rose fractionally near midday after the company reported its U.S. sales grew 12% in September compared to the same month of last year. Additionally, the auto giant hosted a global business update event, where it announced two new car- and ride-sharing projects and confirmed its plans to jointly develop a commercially viable fuel cell vehicle with Honda (HMC) in the 2020 timeframe. Fiat Chrysler (FCAU), which reported U.S. sales increased 14% last month, and Ford (F), which said its U.S. sales rose 23% in September, both saw their shares slip fractionally near noon. MAJOR MOVERS: Among the notable gainers was Sarepta Therapeutics (SRPT), which rallied 19% after the company released additional data from its Phase IIb program of eteplirsen in patients with Duchenne muscular dystrophy. Also higher was PBF Energy (PBF), which gained 10% after agreeing to purchase the 155,000 barrel-per-day Torrance refinery, and related logistics assets, from ExxonMobil (XOM). Among the noteworthy losers was Crocs (CROX), which dropped 14% after Piper Jaffray analyst Erinn Murphy downgraded the stock to Neutral, saying adverse currency moves and China weakness could cause sales to miss expectations in Q3. Also lower were shares of Dunkin' Brands (DNKN), which fell 10% after the company projected third quarter U.S. same-store sales that fell below the prior year period and said it would close 100 stores in the U.S. in 2015 and 2016. INDEXES: Near midday, the Dow was down 195.02, or 1.2%, to 16,089.68, the Nasdaq was down 55.92, or 1.21%, to 4,564.24, and the S&P 500 was down 17.57, or 0.92%, to 1,902.46.
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.
16:19 EDTXOMExxon Mobil to sell Torrance refinery to PBF Energy
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use