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Stock Market & Financial Investment News

News Breaks
December 30, 2013
09:05 EDTBP, KBRKBR awarded engineering design contract by BP for Shah Deniz Stage 2 project
KBR (KBR) announced that it was awarded a contract by BP Exploration (BP) to provide detailed engineering and procurement support services for the Shah Deniz Stage 2 Project located in the Azerbaijan sector of the Caspian Sea. It will be booked into backlog in 4Q13. This contract win follows the successful completion of FEED services for Shah Deniz Stage 2 and will be delivered through KBR’s offices in the U.K., Singapore and Indonesia. KBR will provide engineering design and procurement support services for an offshore complex consisting of two bridge-linked fixed jacket platforms as well as an onshore gas processing facility. The onshore facility consists of two gas processing trains with 900 mmscf/d capacity each and condensate processing facilities with about 105 mbd capacity located adjacent to the existing Shah Deniz Stage 1 facilities at Sangachal Terminal. This work will start in January 2014 and run through to 2018.
News For KBR;BP From The Last 14 Days
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April 23, 2014
06:23 EDTBPBP agrees to sale of interests in four Alaska North Slope assets
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April 21, 2014
07:38 EDTBPBP refuses U.S. request for Gulf spill research funding, FT says
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April 14, 2014
10:02 EDTBPOn The Fly: Analyst Upgrade Summary
Acorda Therapeutics (ACOR) upgraded to Outperform from Market Perform at FBR Capital... Allegheny Technologies (ATI) upgraded to Neutral from Underperform at Sterne Agee... BP (BP) upgraded to Buy from Hold at Canaccord... Bloomin' Brands (BLMN) upgraded to Buy from Hold at Deutsche Bank... Boardwalk Pipeline (BWP) upgraded to Neutral from Underperform at BofA/Merrill... Boston Scientific (BSX) upgraded at BofA/Merrill... Charles Schwab (SCHW) upgraded to Buy from Neutral at UBS... Citigroup (C) upgraded to Hold from Sell at Rafferty Capital... Community Health (CYH) upgraded to Outperform from Perform at Oppenheimer... Eaton Vance (EV) upgraded to Neutral from Sell at Citigroup... Eli Lilly (LLY) upgraded to Hold from Underperform at Jefferies... F5 Networks (FFIV) upgraded to Buy from Hold at Stifel... HeartWare (HTWR) upgraded to Buy from Neutral at BTIG... Heartland Payment (HPY) upgraded to Hold from Sell at Stifel... Hyatt Hotels (H) upgraded to Outperform from Market Perform at FBR Capital... MasterCard (MA) upgraded to Outperform from Neutral at RW Baird... McDermott (MDR) upgraded to Neutral from Underweight at HSBC... Palo Alto (PANW) upgraded to Overweight at Stephens... PetroChina (PTR) upgraded to Neutral from Underperform at Credit Suisse... Seagate (STX) upgraded to Buy from Hold at Argus... Sensata (ST) upgraded to Buy from Neutral at Citigroup... Stryker (SYK) upgraded to Neutral from Reduce at SunTrust... TD Ameritrade (AMTD) upgraded to Buy from Neutral at UBS... TTM Technologies (TTMI) upgraded to Buy from Hold at Stifel... Transocean (RIG) upgraded to Hold from Sell at Deutsche Bank... VMware (VMW) upgraded to Outperform from Underperform at CLSA... Visa (V) upgraded to Outperform from Neutral at RW Baird... Yahoo (YHOO) upgraded to Buy from Neutral at SunTrust... Zimmer (ZMH) upgraded to Neutral from Reduce at SunTrust... bebe stores (BEBE) upgraded to Buy from Neutral at Janney Capital.
05:54 EDTBPBP upgraded to Buy from Hold at Canaccord
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April 11, 2014
08:11 EDTBPBP says can help improve relations between west, Russia, Reuters says
In an effort to calm shareholders' worries over the company's large exposure to Russia, BP executives said it can help improve relations between Russia and the west and is talking to politicians all over the globe, according to Reuters, citing comments from CEO Bob Dudley. Reference Link
April 10, 2014
09:25 EDTKBREngineering stocks could be boosted by gas exports, says Sterne Agee
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