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Stock Market & Financial Investment News

News Breaks
September 18, 2012
07:46 EDTJECJacobs Engineering awarded $51.8M option year by NASA
Jacobs Engineering Group announced that it has been awarded a third option year for its Facility Operations Service Contract at NASA's Stennis Space Center in Hancock County, Miss. The option year award term is valued at $51.8M. It is the third of seven award term periods following the three-year base period of the contract. Under the terms of the contract, Jacobs supports NASA and SSC missions in the areas of administration, facility engineering, food, mail, fire protection, custodial, multimedia, public affairs and education. In addition, Jacobs provides facility maintenance and operations; safety, quality and environmental assurance; medical and occupational health; and logistics and transportation services.
News For JEC 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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