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Stock Market & Financial Investment News

News Breaks
January 14, 2014
08:07 EDTKBR, DDKBR announces EPCM MSA with DuPont
KBR (KBR) announced it has been awarded a five-year Master Services Agreement, or MSA, with DuPont Engineering (DD) to provide engineering, procurement and construction management, or EPCM, services for most DuPont facilities in the U.S. and Mexico. Expected revenue from the first year of the undisclosed contract value will be included in the Hydrocarbons segment's backlog of unfilled orders in Q4. The balance of the contract value will be added to backlog during the life of the agreement. This contract extends the long-standing EPCM services support of DuPont facilities in the U.S. Northeast region to now include the entire U.S. region and Mexico. In combination with the recently awarded industrial services contract, KBR will now provide comprehensive engineering, procurement, construction management, and continuous construction and maintenance services for most DuPont manufacturing sites in the USA. As part of this expanded relationship, KBR will open a new office in Charleston, WV.
News For KBR;DD From The Last 14 Days
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October 31, 2014
08:16 EDTKBRKBR awarded $50M NAVFAC job order construction contract
KBR announced that it has been awarded an indefinite-delivery/indefinite quantity job order construction contract by the Naval Facilities Engineering Command Europe Africa Southwest Asia for the largest U.S. base in Africa. This contract award is the second recent contract awarded to KBR by NAVFAC to support military operations at Camp Lemonnier in Djibouti, Africa. KBR is currently performing operations and maintenance services under the Base Operations Support Services contract. Under the terms of the contract, KBR will perform renovations, repairs, maintenance, replacement, alterations, demolition and small/midcap construction for Department of Defense activities in Djibouti, Africa. The value of the contract awarded to KBR is valued up to $50M over five years.
06:57 EDTDDDuPont management to meet with Deutsche Bank
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October 30, 2014
08:16 EDTKBRKBR awarded FEED contract for Tangguh LNG Project expansion
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October 29, 2014
13:03 EDTDDDuPont sells Land Management business assets to Bayer CropScience
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11:52 EDTDDTrian upped DuPont stake to 2.7%, Bloomberg reports
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October 28, 2014
07:25 EDTDDDuPont, Trian battle centers on R&D, WSJ says
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06:04 EDTDDDuPont sees FY14 EPS $4.00-$4.10, consensus $4.00
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06:04 EDTDDDuPont sees Q4 EPS growth of 20% over 59c in 4Q14
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06:02 EDTDDDuPont reports Q3 EPS 54c, consensus 53c
Reports Q3 revenue $7.87B, consensus $7.95B. Reports Q3 sales $7.5B.
October 27, 2014
15:36 EDTDDNotable companies reporting before tomorrow's open
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October 23, 2014
09:15 EDTKBRKBR awarded Statoil global MSA
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October 21, 2014
15:32 EDTDDU.S. EPA approves DuPont's Formacel 1100
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12:21 EDTDDHoneywell responds to EC statement of objections
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10:27 EDTDDDuPont aims to defend itself 'vigorously' against EC investigation
DuPont (DD) Chemicals & Fluoroproducts president Thierry Vanlancker commented on the European Commission's Statement of Objections. Vanlancker said, "DuPont has complied at all times with applicable laws in its development and commercialization of HFO-1234yf, and we plan to defend vigorously against the commission's allegations and preliminary conclusions. This is one step in a long process, and while it may take years to be resolved, we are confident that the Commission will ultimately conclude that actions taken by DuPont complied with applicable laws. We will fight this every step of the way, as it has no basis in law or fact. We are disappointed in the European Commission and in the process leading up to this point. DuPont and Honeywell (HON)developed HFO-1234yf jointly in response to the European Union's Mobile Air Conditioning Directive. This regulation requires automakers to use a refrigerant with very low global warming potential for vehicle air-conditioning systems. The regulatory timeframe was short considering the significant challenges of developing and commercializing a refrigerant that meets all the automotive industry's needs. This short timeframe was a primary reason for DuPont and Honeywell working jointly to develop HFO-1234yf. Regardless of the Statement, the EU MAC Directive remains in full force today, with all new vehicles required to use a refrigerant with a GWP of under 150 by January 2017."
09:04 EDTDDSunCoke Energy names Fay West as SVP, CFO
SunCoke Energy (SXC) and SunCoke Energy Partners, L.P. (SXCP) announced that Fay West has been promoted to SVP and CFO of both companies, reporting directly to Fritz Henderson, SunCokeís Chairman and CEO. Fay was previously Vice President and Controller. This appointment is effective October 27. Mark E. Newman, SVP and CFO, has accepted the position of SVP and CFO of DuPontís (DD) new Performance Chemicals Company.

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