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Stock Market & Financial Investment News

News Breaks
January 3, 2014
09:23 EDTKBRKBR 2014 EPS guidance likely to be below consensus, says Stephens
Stephens predicts that the midpoint of KBR's 2014 EPS guidance range could come in at $2.67, versus the consensus outlook of $2.80. The firm keeps a $32 price target and Equal Weight rating on the stock.
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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