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Stock Market & Financial Investment News

News Breaks
June 20, 2014
08:31 EDTKBRKBR valuation compelling, says DA Davidson
After KBR reported a higher than expected Q1 per share loss, DA Davidson continues to expect KBR to benefit from a substantial recovery in revenue and EPS over the longer term. The firm expects the company's profits to rise as a result of growth in downstream processing work and very large LNG project opportunities. The firm keeps a Buy rating on the shares.
News For KBR From The Last 14 Days
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October 16, 2014
08:39 EDTKBRKBR Daewoo Consortium wins FLNG FEED contract
KBR announced that the KD Consortium, consisting of KBR and Daewoo Shipbuilding & Marine Engineering, has been awarded a front end engineering design, or FEED, contract by Eni East Africa SpA for a floating liquefied natural gas, or FLNG, facility for the Coral South Development Project located in Mozambique. With the award, the KD consortium will be one of three consortia competing for the engineering, procurement, construction, installation and commissioning contract to build the new floating LNG facility for Eni East Africa and its partners to develop the hydrocarbon discovery in the Rovuma Basin in Mozambique.

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