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Stock Market & Financial Investment News

News Breaks
June 19, 2014
10:58 EDTKBRKBR falls after posting unexpected loss, levels to watch
Shares are currently down 9.6% to $23.75 following an unexpected loss for its Q1 reported earlier today. At current price, support is at $23.17, the low of the day. Resistance is at $24.44. The move down breaks the short-term uptrend that was in place from late May.
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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