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Stock Market & Financial Investment News

News Breaks
January 24, 2013
16:20 EDTKBRKBR to provide construction management services for Abu Dhabi airport expansion
KBR announced that it has entered into a contract with the Abu Dhabi Airports Company, ADAC, to provide construction management services for part of its expansion program at Abu Dhabi International Airport. Abu Dhabi International Airport is one of the fastest growing hubs in the world, with a growth rate of 19.7% over the past five years. KBR will be responsible for managing various contractors' costs, schedules, quality, contract administration and risks. The scope of the utilities work includes over 60 miles of gravity storm and sanitary sewer, potable water, chill water and fire water piping and over 25 miles of power and telecommunication duct banks, a Central Utility Plant, a highway interchange, airside and landside roads, cooling stations and standby power generation for a new Midfield Terminal and other airport commercial users.
News For KBR From The Last 14 Days
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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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