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Stock Market & Financial Investment News

News Breaks
May 13, 2014
14:19 EDTKBRKBR files to delay 10-Q, SEC opens probe
As previously reported on a Form 8-K filed May 5, KBR is in the process of restating its consolidated financial statements as of and for the year ended December 31, 2013. The SEC has informed KBR that it has opened an investigation with respect to the matters disclosed in the Form 8-K. In connection with and upon conclusion of, the restatement, KBR expects to amend its Form 10-K for the year ended December 31, 2013 as soon as practicable and will not file its Form 10-Q for the three months ended March 31, until after the filing of the amended Form 10-K. As a result, KBR’s Quarterly Report on Form 10-Q for the three months ended March 31 could not, without unreasonable effort and expense, have been filed with the SEC before its May 12 due date, nor can it be filed by May 19, the extended due date of such report.
News For KBR From The Last 14 Days
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July 10, 2014
08:49 EDTKBRKBR wins $113.82M contract for base support in Bahrain
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July 9, 2014
08:50 EDTKBRKBR awarded contract to construct production facility for Purdue Pharma
KBR announced that KBR Building Group, a subsidiary within KBR's Services Group, has been awarded a contract by Purdue Pharma Manufacturing L.P. to build a new Oral Solid Dosage manufacturing plant in Durham, N.C. The 188,000-square-foot, steel-framed facility is being constructed on a 51-acre site in Treyburn Corporate Park in Durham. Production areas will feature clean room spaces with epoxy flooring, and epoxy painted walls and ceilings. The building will also house administrative offices, laboratories and associated support areas, such as dining, conference, and training areas.

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