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Stock Market & Financial Investment News

News Breaks
January 13, 2014
06:19 EDTJECJacobs Engineering upgraded to Buy from Neutral at UBS
UBS upgraded Jacobs Engineering to reflect accelerating earnings growth over the next 12-18 months driven by acquisitions, North American energy infrastructure, and reduced government exposure drag. Price target raised to $75 from $60.
News For JEC From The Last 14 Days
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June 23, 2015
07:48 EDTJECJacobs renews Project Representative role for Crossrail
Jacobs Engineering announced it was reappointed as Project Representative for the $22B, or GBP14.8B, Crossrail program by the U.K.'s Department for Transport and Transport for London. Company officials did not disclose the contract value, but noted that the contract is renewed for a term of up to five years. Under the terms of the contract, as Crossrail Project Representative, Jacobs is providing assurance to the project sponsors that Crossrail Ltd and its delivery partners deliver the project on schedule, within budget and to the agreed specification. This work involves a review of the program fundamentals: scope, strategy, risk, schedule, quality, cost and safety. It also considers the changing nature of Crossrail as it transitions from civil engineering to systems implementation and operations testing and commissioning.
07:46 EDTJECJacobs Engineering unit awarded contract by DECC
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June 16, 2015
07:46 EDTJECJacobs Engineering wins contract with InoChem in Saudi Arabia
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07:45 EDTJECJacobs Engineering awarded air combat facilities project in Australia
Jacobs Engineering Group announced it was appointed by Managing Contractor Lend Lease Building Pty Limited for a major extension to an existing contract for the New Air Combat Capability facilities project in Australia. The NACC project is developing new and refurbished facilities on ten Defence sites around Australia to accommodate the Royal Australian Air Force’s introduction of the new Joint Strike Fighter F-35A Lightning jets. Under the terms of the contract extension, Jacobs is providing design services encompassing structural, security, electrical, mechanical, civil, traffic, hydraulic, fire and acoustics. Company officials did not disclose the contract value.

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