News Breaks |
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| January 22, 2013 |
| 07:45 EDT |  | JEC | Jacobs Engineering wins program management contract from SoCalGas
Jacobs Engineering Group was selected by Southern California Gas Co., or SoCalGas, to provide project management services for the Pipeline Safety Enhancement Program. Officials did not disclose the contract value, but noted that it is a five-year contract with a provision for five one-year extensions. Phase 1A of the Pipeline Safety Enhancement Program consists of pressure testing approximately 360 miles of existing pipelines; replacing approximately 246 miles of the 3,750 mile pipeline system; and upgrading or replacing 173 mainline valves. SoCalGas is awaiting approval of the Pipeline Safety Enhancement Program from the California Public Utilities Commission, which is expected in mid-2013. The scope of the pipeline testing and replacement plan is subject to change by the CPUC. |
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News For JEC From The Last 14 Days Check below for free stories on JEC the last two weeks. |
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| May 14, 2013 |
| 07:50 EDT | | JEC | Jacobs Engineering awarded contract by Central Texas Regional Mobility Authority
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| 07:48 EDT | | JEC | Jacobs Engineering renews frame agreement with Borealis
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| May 9, 2013 |
| 10:08 EDT |  | JEC | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Chicago Bridge & Iron (CBI) initiated with a Buy at Deutsche Bank... Fluor (FLR) initiated with a Buy at Deutsche Bank... Infinity Pharmaceuticals (INFI) initiated with an Outperform at Wells Fargo... Jacobs Engineering (JEC) initiated with a Hold at Deutsche Bank... KBR (KBR) initiated with a Buy at Deutsche Bank... MasTec (MTZ) initiated with a Buy at Deutsche Bank... McDermott (MDR) initiated with a Hold at Deutsche Bank... Merit Medical (MMSI) initiated with a Hold at Benchmark Co... Ocean Power (OPTT) initiated with a Strong Buy at Ascendiant Capital... Quanta Services (PWR) initiated with a Buy at Deutsche Bank... ZELTIQ Aesthetics (ZLTQ) initiated with a Buy at Maxim... Evercore Partners (EVR) initiated with a Positive at Susquehanna... Alexander & Baldwin (ALEX) initiated with an Outperform at JMP Securities... Myriad Genetics (MYGN) coverage resumed with an Overweight at Stephens... Pinnacle Foods (PF) initiated with a Buy at Janney Capital. |
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| May 8, 2013 |
| 16:29 EDT | | JEC | Jacobs Engineering initiated with a Hold at Deutsche Bank
Target $56. |
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| May 7, 2013 |
| 07:46 EDT | | JEC | Jacobs Engineering awarded contract option period with potential value of $128M
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| 07:45 EDT | | JEC | Jacobs Engineering receives contract from Minera Chinalco
Jacobs Engineering Group announced that it received a contract from Minera Chinalco Peru S.A. to perform a feasibility study for the expansion of its Toromocho copper mining facilities in the Morococha District of Peru. Officials did not disclose the contract value, but noted that the project is expected to be executed out of Jacobs’ Lima, Peru office with assistance from its Santiago, Chile and Tucson, Ariz., U.S. offices. |
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| 07:27 EDT |  | JEC | RW Baird to host a conference
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