Construction & Engineering

Life Technologies Corporation (NASDAQ: LIFE) has received validation from the certification body of Association Francaise de Normalisation for its MicroSEQ® Listeria spp. and MicroSEQ® Listeria monocytogenes assays, molecular tests that are designed to quickly and accurately detect the presence or...

Stifel Nicolaus is out with its report today on Insituform Technologies (NASDAQ: INSU), reiterating Buy. In its report, Stifel Nicolaus writes, "We reiterate our Buy rating. We maintain our target price of $30.00 which is based on 14.0x 2012E EPS. INSU has been valued at an average 22.1x forward...

Insituform Technologies, Inc. (Nasdaq: INSU) today announced that it has entered into a new $500 million credit facility with a syndicate of banks, with Bank of America, N.A. serving as the administrative agent and JPMorgan Chase Bank, N.A. serving as the syndication agent. The credit facility...

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been awarded the second phase of the Ras Tanura Refinery Clean Fuels and Aromatics Project. This award is under the Saudi Aramco General Engineering and Project Management Services Contract.

Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Aibel AS for the provision of detailed design engineering services to support Aibel, which has been appointed by Statoil as the main engineering,...

AECOM Technology Corporation (NYSE: ACM) announced today that it was awarded a US$20-million services contract for the construction of the US$1.4-billion Ravensworth North mine expansion project in New South Wales, Australia.

KBR (NYSE: KBR) today announced it was awarded a contract by Jaiprakash Associates Ltd – a Jaypee Group company – to provide license and engineering design services for JAL's brownfield 2,200 metric tons per day ammonia plant in Kanpur, India.

Analysts at ISI Group upgraded O'Reilly Automotive Inc (NASDAQ: ORLY) from “sell” to “hold.” ORLY's shares closed at $63.93 on Friday. O'Reilly Automotive's trailing-twelve-month profit margin is 8.19%. Analysts at BB&T Capital Markets upgraded Barnes Group Inc (NYSE: B) from “hold” to “buy.”...

KBR (NYSE: KBR) today announced that it has been selected by the UK's Foreign and Commonwealth Office to provide life support, vehicle maintenance and healthcare services across Baghdad, Basra and Erbil in Iraq, and Kabul and Lashkar Gah in Afghanistan. This builds on KBR's existing relationship...

Michael Baker Corporation (NYSE: BKR) today noted that it has received and reviewed a letter dated August 25, 2011, from Starboard Value LP, one of the Company's shareholders, regarding the Company's market value and performance. Starboard also issued a public announcement about the letter. Baker...

KBR (NYSE: KBR) announced today that its Board of Directors has authorized the repurchase up to 10 million of its outstanding common shares. The shares will be repurchased from time to time in the open market at the company's discretion, subject to market conditions, and in accordance with...

A Granite Construction-led (NYSE: GVA) joint-venture team, Minnesota Transit Constructors, reached a settlement agreement with the United States Department of Justice and the Minnesota District Attorney's Office related to a false claims investigation initiated by the DOJ in 2006. The investigation...

KBR (NYSE: KBR) today announced that it has received a letter of award from Hyundai Heavy Industries Co. Limited to perform engineering design and procurement support services for the BP Quad 204 Floating Production Storage and Offload Project to be located west of Shetland Isles in UK waters....

EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses announced that its subsidiary EMCOR Services Scalise Industries has been awarded a contract for the installation of all...

MasTec, Inc. (NYSE: MTZ) today announced that it has entered into an agreement with a syndicate of 14 lenders, led by Bank of America, N.A., GE Capital Markets, Inc. and Sun Trust Robinson Humphrey, Inc., for an amended and restated senior secured revolving credit facility. The amendment expands...