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Stock Market & Financial Investment News

News Breaks
July 7, 2014
08:52 EDTRYCEY, KBRKBR awarded contract as CSC for LHD ships
KBR (KBR) announced that it has been awarded an initial five-year contract by the Australian Defence Force, or ADF, to provide the Capability Support Coordinator, or CSC, services for the Canberra Class Landing Helicopter Dock, or LHD, ships. The CSC contract will provide configuration management, data management, maintenance monitoring, engineering and supply support services, all within an Asset Management framework to meet the technical integrity, seaworthiness and mission preparedness of the Landing Helicopter Dock ships. KBR has engaged Rolls-Royce (RYCEY) Australia Services Pty Limited to work with KBR to deliver these services. The LHD ships will be the largest vessels ever constructed for the Australian Defence Force, and will be operated by the Royal Australian Navy, or RAN. The two Canberra class LHDs, HMAS Canberra and HMAS Adelaide, can each transport over 1,100 troops, 100 armored vehicles and 12 rotary wing aircraft.
News For KBR;RYCEY 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 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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