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Stock Market & Financial Investment News

News Breaks
June 19, 2014
07:06 EDTKBRKBR to undertake strategic review of businesses
KBR CEO Stuart Bradie said, "Overall results were disappointing and were negatively impacted by losses stemming from our Service segment's pipe fabrication and module assembly facility in Canada and on two U.S. construction projects, as well as underperformance in our IGP business. Our Hydrocarbons and especially our Gas Monetization segments continued their strong performance. The company will undergo an in-depth strategic review of its businesses and how we can best address the markets we serve. Once completed, we will provide an update to the market and expect to resume our previous practice of providing earnings guidance. Looking forward, the company's market position remains strong with a good pipeline of early stage front end engineering design and engineering procurement and construction opportunities throughout the world."
News For KBR From The Last 14 Days
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January 27, 2015
10:24 EDTKBRDeutsche Bank warns E&C companies could be hit hard by low oil
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10:00 EDTKBROn the Fly: Analyst Downgrade Summary
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06:49 EDTKBRKBR downgraded to Hold from Buy at Deutsche Bank
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January 22, 2015
10:03 EDTKBROn the Fly: Analyst Initiation Summary
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07:42 EDTKBRKBR initiated with an Underperform at BofA/Merrill
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January 20, 2015
10:17 EDTKBRHalliburton, KBR appeals won't be heard by Supreme Court, Reuters reports
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