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Stock Market & Financial Investment News

News Breaks
April 30, 2014
08:34 EDTJECJacobs Engineering attractive after pullback, says Sterne Agee
After Jacobs Engineering reported 1H results that Sterne Agee views as disappointing, the firm remains confident in the company's fundamentals and its ability to accelerate its EPS growth. The firm recommends that investors looking to exploit the upcoming energy/infrastructure cycle add to their positions in the name. It keeps an $80 price target and Buy rating on the stock.
News For JEC From The Last 14 Days
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October 23, 2014
08:54 EDTJECEngineering & construction stocks undervalued, says Sterne Agee
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October 21, 2014
07:47 EDTJECJacobs Engineering awarded Remediation task order
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07:47 EDTJECJacobs awarded two-year framework agreement from MODON
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October 14, 2014
07:46 EDTJECJacobs on team to deliver Ravenhall Prison project in Melbourne, Australia
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07:46 EDTJECJacobs awarded contract from Los Angeles County Department of Public Works
Jacobs announced that it has received an award from the Los Angeles County Department of Public Works to provide project management/construction management and project controls support services for the design, renovation and construction of multiple facilities at the Rancho Los Amigos National Rehabilitation Center in Downey, California. The overall program budget is up to $400M.The project includes the renovation and rehabilitation of an historic building, a new patient tower addition, two medical office buildings, demolition of multiple structures, and landscape/hardscape of over half of the site. Additionally, it includes design management and coordination with involved jurisdictions including the Office of Statewide Health Planning and Development and the State Historic Preservation Office. The project is expected to be delivered using both job order contracting for make-ready work and design-build for the major building portions.

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