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Stock Market & Financial Investment News

News Breaks
February 21, 2013
13:54 EDTKBRKBR shares substantially undervalued, says DA Davidson
After KBR reported EPS that surpassed its guidance which it had reduced last month, DA Davidson believes the company is poised to benefit from global investments in energy. The firm expects the company's project opportunities to increase, and it maintains a Buy rating.
News For KBR From The Last 14 Days
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August 21, 2014
08:10 EDTKBRKBR awarded EPC contract for new HDPE facility in La Porte, Texas
KBR announced it has been awarded a contract from Gemini HDPE, a manufacturing joint venture between INEOS Olefins & Polymers USA and Sasol, to provide engineering, procurement, and construction, or EPC, services for a new high-density polyethylene, or HDPE, facility to be located at INEOS's Battleground Manufacturing Complex in La Porte, Texas. The new facility is designed to produce 470 kilotons per annum of bimodal HDPE using Innovene S process technology licensed from INEOS Technologies. The new, single-train facility will include new polymerization, pelletization, and railcar load-out facilities, plus upgrades to existing utilities and infrastructure.

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