-
UPDATE: Layne Christensen Reports Upbeat Q1 Results
Wednesday, June 8, 2011 - 7:04am | 106Layne Christensen Co (NASDAQ: LAYN) reported stronger-than-expected first-quarter results on Wednesday. LAYN reported its quarterly net income at $13.1 million, or $0.66 per share, up from $6.6 million, or $0.34 per share, in the year-ago period. Excluding one-time items, LAYN's earnings came in...
-
US Stock Futures Signal Lower Start On Wall Street
Wednesday, June 8, 2011 - 5:17am | 494US stock futures are lower this morning after Federal Reserve Chairman Ben Bernanke's speech. Investors are awaiting the Fed's recent summary of regional conditions. Futures on the Dow Jones Industrial Average dropped 32 points to 12,040.00 and futures on the S&P 500 stock index fell 3.90...
-
Earnings Scheduled For June 8
Wednesday, June 8, 2011 - 12:46am | 288Pall Corporation (NYSE: PLL) is projected to report its FQ3 EPS at $0.71 on revenue of $667.50 million. Cantel Medical Corp (NYSE: CMN) is expected to report its Q3 EPS at $0.31 on revenue of $76.17 million. Men's Wearhouse Inc (NYSE: MW) is estimated to report its Q1 EPS at $0.49 on revenue of...
-
Baker Acquires JMA Architecture Studios; Terms Not Disclosed
Tuesday, June 7, 2011 - 3:47pm | 101Michael Baker Corporation (NYSE: BKR) announced today that an affiliate of the Corporation has acquired JMA Architects, Inc., d/b/a JMA Architecture Studios, a 40-person architectural and interior design firm based in Las Vegas, Nevada. The addition of JMA, with its particular expertise in the...
-
URS Awarded Defense Threat Reduction Agency Contract; Contract Has a Maximum Value of $950 Million
Tuesday, June 7, 2011 - 7:30am | 179URS Corporation (NYSE: URS) today announced that it has been awarded an indefinite delivery/indefinite quantity contract from the Department of Defense to support the Defense Threat Reduction Agency's Cooperative Threat Reduction Program. The multiple award contract, which has a five-year base term...
-
Jacobs Receives Contract From DuPont Titanium Technologies
Tuesday, June 7, 2011 - 6:45am | 114Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has received a contract from DuPont Titanium Technologies to provide full engineering procurement and construction management services for the company's Mexico titanium dioxide capacity expansion project. Officials did not disclose...
-
Foster Wheeler Receives National Award in Spain for Repsol Refinery Project
Monday, June 6, 2011 - 7:33am | 233Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded the 2010 National Prize of Industrial Engineering by the Spanish National Society of Professional Industrial Engineers. Foster Wheeler received the award in the “...
-
AECOM awarded U.S. Air Force Contract Field Teams Task Order Worth up to $15M
Monday, June 6, 2011 - 6:39am | 44AECOM Technology Corporation (NYSE: ACM) announced today that it has won a task order contract from the U.S. Air Force for Contract Field Teams worth up to US$15 million, if the option year is exercised.
-
Fast Money Picks For June 3rd (SHAW, FWLT, GM, JEC, CXO)
Thursday, June 2, 2011 - 6:32pm | 199On CNBC's Fast Money, Stephen Weiss suggested that investors should consider a short position in The Shaw Group Inc. (NYSE: SHAW), and Foster Wheeler AG (NASDAQ: FWLT). The Shaw Group (SHAW) fell 0.17% today, and Foster Wheeler (FWLT) added 1.28%. Tim Seymour thinks that General Motors Company (...
-
Fluor Awarded South Carolina Manufacturing Plant Expansion by Showa Denko Carbon
Thursday, June 2, 2011 - 4:00pm | 40Fluor Corporation (NYSE: FLR) announced today that it was awarded an engineering, procurement and construction contract by Showa Denko Carbon, Inc., to expand its graphite products manufacturing facility in Ridgeville, South Carolina.
-
KBR Awarded Engineering Design Services Contract for Australian Coal Seam Gas Pipelines
Wednesday, June 1, 2011 - 3:08pm | 147KBR (NYSE: KBR) today announced that it has been selected to execute engineering design services for three coal seam gas pipelines designed to carry CSG from gasfields in central Queensland, Australia to an export facility on Curtis Island. The project will be executed for the McConnell Dowell/CCC...
-
Energy Services of America Corporation Commences Warrant Exchange Offer
Wednesday, June 1, 2011 - 9:02am | 290Energy Services of America Corporation (NYSE: ESA) announced today that the Company has commenced a warrant exchange offer and has provided warrant holders with an offer to purchase, a letter of transmittal and other documents containing details as to how they may participate in the exchange offer...
-
Energy Services of America Corporation Commences Warrant Exchange Offer, Offering 1-Share Per 8 1/2 Warrants Tendered
Wednesday, June 1, 2011 - 8:58am | 161Energy Services of America Corporation (NYSE: ESA) announced today that the Company has commenced a warrant exchange offer and has provided warrant holders with an offer to purchase, a letter of transmittal and other documents containing details as to how they may participate in the exchange offer...
-
UPDATE: J.P. Morgan Raising Price Target On Chicago Bridge & Iron Co. NV
Wednesday, June 1, 2011 - 6:29am | 147J.P. Morgan Chase & Co. is raising its price target on shares of Chicago Bridge & Iron Co. NV (NYSE: CBI) to $50 from $45, and it has an Overweight rating on shares. In a note to investors, J.P. Morgan writes, "We view CBI as a prime beneficiary of an improving outlook for gas-driven EPC...
-
CB&I Announces Storage Tank Project in the Bahamas that is Valued in Excess of $40M
Wednesday, June 1, 2011 - 6:14am | 96CB&I (NYSE: CBI) announced that it has been awarded a storage tank project,valued in excess of US$40 million, by Bahamas Oil Refining Company International Limited. CB&I's scope of work includes the engineering, procurement, fabrication and construction of 14 oil storage tanks, with a...