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Stock Market & Financial Investment News

News Breaks
June 4, 2014
04:55 EDTPRIM, PRIM, DY, DY, HIL, HIL, BWC, BWC, TPC, TPC, UNTK, UNTK, FLR, FLR, WG, WG, JEC, JEC, MDR, MDR, KBR, KBRCredit Suisse to hold a conference
2014 Engineering and Construction Conference to be held in New York on June 4-5.
News For KBR;MDR;JEC;WG;FLR;UNTK;TPC;BWC;HIL;DY;PRIM From The Last 14 Days
Check below for free stories on KBR;MDR;JEC;WG;FLR;UNTK;TPC;BWC;HIL;DY;PRIM the last two weeks.
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July 23, 2014
17:33 EDTFLRFluor awarded 3-year contract by DOE valued at about $420M
Fluor was chosen by the U.S. Department of Energy, or DOE, for the next phase of cleanup at the Paducah Gaseous Diffusion Plant, or GDP, in Paducah, Kentucky. Fluor is the prime contractor for the management, integration and execution of the deactivation and post-GDP shutdown remediation activities at the Paducah site. It is anticipated that the new contract will help reduce environmental risks and create local job opportunities. The estimated value of the contract, which Fluor booked in Q3, is approximately $420M over three years.
12:35 EDTHILHill International receives contract from LACCD
Hill International announced that it has received a contract from the Los Angeles Community College District to provide project management, construction management and other specialty professional services on a task-order basis in support of LACCD's bond program. Hill's contract is one of ten awarded on a task-order basis the budget for which, in the aggregate for all ten contracts, is $82.9M over the next five years.
10:02 EDTJECOn The Fly: Analyst Initiation Summary
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08:32 EDTBWCB&W Volund signs $80M contract
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06:59 EDTJECJacobs Engineering initiated with an Outperform at Wells Fargo
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06:58 EDTFLRFluor initiated with an Outperform at Wells Fargo
Price target range $103-$105.
July 22, 2014
07:46 EDTJECJacobs awarded contract as sole provider to United Utilities
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07:38 EDTPRIMPrimoris announces new pipeline awards valued over $80M
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July 21, 2014
08:12 EDTMDRMcDermott unit awarded contract from Walter Oil & Gas
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07:33 EDTPRIMPrimoris announces new heavy civil award valued at over $23M
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July 17, 2014
07:32 EDTPRIMPrimoris announces industrial award valued at over $13M
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July 16, 2014
10:00 EDTMDROn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: American Airlines (AAL) initiated with an Overweight at Atlantic Equities... Apple (AAPL) initiated with a Buy at Citigroup... Basic Energy (BAS) initiated with a Neutral at RW Baird... Brookdale Senior Living (BKD) initiated with a Buy at Goldman... CA Technologies (CA) initiated with a Market Perform at FBR Capital... Dresser-Rand (DRC) initiated with a Neutral at RW Baird... Fortinet (FTNT) initiated with a Neutral at Goldman... Frank's International (FI) initiated with a Hold at Jefferies... Home Bancorp (HBCP) initiated with an Outperform at Fig Partners... Key Energy (KEG) initiated with an Outperform at RW Baird... McDermott (MDR) initiated with a Neutral at Tigress Financial... ORBCOMM (ORBC) initiated with a Neutral at Macquarie... Oil States (OIS) initiated with an Outperform at RW Baird... PBF Energy (PBF) initiated with an Equal Weight at Barclays... Palo Alto (PANW) assumed with a Conviction Buy at Goldman... Proofpoint (PFPT) initiated with a Buy at Goldman... Qlik Technologies (QLIK) initiated with a Market Perform at FBR Capital... Radius Health (RDUS) initiated with a Buy at Canaccord... Seventy Seven Energy (SSE) initiated with a Hold at Jefferies... Superior Energy (SPN) initiated with an Outperform at RW Baird... Tandem Diabetes (TNDM) initiated with an Outperform at William Blair... Trecora Resources (TREC) initiated with a Buy at B. Riley... Ultragenyx (RARE) initiated with an Outperform at RW Baird... United Natural Foods (UNFI) initiated with an Outperform at Oppenheimer... Viper Energy (VNOM) initiated with a Market Perform at Northland... Whiting Petroleum (WLL) initiated with a Buy at Tigress Financial.
09:07 EDTMDRMcDermott initiated with a Neutral at Tigress Financial
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08:41 EDTTPCTutor Perini unit awarded three new projects
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08:34 EDTBWCBabcock & Wilcox awarded contract for DR coal-fired boiler project
The Babcock & Wilcox Company announced that its subsidiary, Babcock & Wilcox Power Generation Group, has been awarded a contract to design and manufacture two coal-fired boilers to be installed in the Punta Catalina Power Plant for Corporación Dominicana de Empresas Eléctricas Estatales in the Dominican Republic. The contract, booked in the second quarter of 2014, was awarded by Italian engineering and procurement contractor Tecnimont S.p.A, which is developing the project as part of a consortium which includes Tecnimont, Constructora Norberto Odebrecht S.A. and Ingeniera Estrella S.r.l. Project management and front-end engineering for the project are underway in B&W PGG’s U.S. operations. The project is scheduled to be completed October 2017.
July 15, 2014
09:06 EDTHILHill International to manage construction of seven wind farms in Brazil
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08:15 EDTFLRFluor wins LNG terminal contract in Rotterdam
Fluor Corporation was awarded a contract by Gate Terminal BV, a subsidiary of Dutch Vopak and Gasunie, to design and build a liquefied natural gas break bulk terminal in Rotterdam, the Netherlands. Fluor booked the contract for an undisclosed value in 2Q14. Fluor will provide engineering, procurement and construction management services for the jetty, loading facilities, boil-off gas compressors, connection to the LNG terminal and other facilities. Fluor’s office in Spain, which has completed LNG projects globally, will be responsible for executing the project. Gate Terminal anticipates the terminal will be ready for operation in 2016.
07:46 EDTJECJacobs receives project services contract from BP
Jacobs (JEC) announced that it was awarded a contract with BP (BP) to provide engineering, design and procurement services for the Coker Heater Replacement Project at its Cherry Point Refinery in Blaine, Washington. Company officials did not disclose the contract value.
07:46 EDTJECJacobs Engineering receives contract from Brighton i360
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July 10, 2014
08:49 EDTKBRKBR wins $113.82M contract for base support in Bahrain
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