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Stock Market & Financial Investment News

News Breaks
January 14, 2014
08:07 EDTDD, KBRKBR 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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March 3, 2015
10:01 EDTKBROn The Fly: Analyst Downgrade Summary
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05:48 EDTKBRKBR downgraded to Hold from Buy at Jefferies
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February 27, 2015
07:08 EDTKBRKBR sees FY15 EPS ex-items $1.07-$1.22, consensus $1.16
2015 is expected to be a transition year for KBR as the company implements its strategy to focus on the global hydrocarbons and international government services markets. KBR will continue its efforts to exit non-strategic businesses and to reduce operating costs. The company also plans to continue efforts to obtain negotiated resolutions of ongoing commercial disputes and will continue to defend against unjustified claims. KBR currently forecasts 2015 legal costs associated with legacy U.S. Government contracts to range from $18M-$25M. Excluding these legacy-related costs, the company expects 2015 fully diluted EPS to be in the range of $1.07-$1.22.
07:07 EDTKBRKBR reports Q4 EPS ($8.57), may not compare to consensus 21c
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February 26, 2015
13:43 EDTDDDuPont EVP sees lifetime Rynaxypyr sales nearly $1.5B, sees Cyazypyr sales $500M
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February 20, 2015
09:37 EDTKBRKBR awarded ammonia plant EPC contract
KBR announced that it has executed an EPC contract with Yara International and BASF Group's new joint production company to provide ammonia synthesis licensed technology and engineering, procurement and construction to build a world-scale ammonia plant at BASF's site in Freeport, Texas. Expected revenue from the contract will be included in Q1 backlog for KBR's Engineering and Construction segment.
February 19, 2015
08:40 EDTKBRKBR, Showa Denko sign multi-technology acetyls licensing agreement
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February 17, 2015
10:09 EDTDDDuPont tells shareholders 'we are on the right path'
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07:20 EDTDDDuPont management to meet with UBS
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