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JP Morgan Raises PT On Chicago Bridge & Iron To $50
Wednesday, June 1, 2011 - 5:04am | 29JP Morgan has raised the price target on Chicago Bridge & Iron Corporation (NYSE: CBI) from $45 to $50 and maintains its Overweight rating.
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Great Lakes Dredge & Dock Corporation Increases Quarterly Dividend to $0.021
Tuesday, May 31, 2011 - 3:00pm | 117Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) - announced today that its Board of Directors has declared a quarterly cash dividend on its common stock. The Board approved increasing its annual dividend by $1 million resulting in an aggregate expected dividend of $5 million per year, the...
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Great Lakes Dredge & Dock Corporation Increases Quarterly Dividend to $0.021
Tuesday, May 31, 2011 - 3:00pm | 117Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) - announced today that its Board of Directors has declared a quarterly cash dividend on its common stock. The Board approved increasing its annual dividend by $1 million resulting in an aggregate expected dividend of $5 million per year, the...
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Foster Wheeler Awarded Limited Notice to Proceed for Four Supercritical Circulating Fluidized-Bed Steam Generators in Korea
Tuesday, May 31, 2011 - 7:18am | 174Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Power Group has been given a limited notice to proceed by Hyundai Engineering and Construction for the design and supply of four supercritical circulating fluidized-bed steam generators for the Samcheok Green Power...
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Options Brief: MasTec, Inc.
Friday, May 27, 2011 - 9:52am | 70Shares of MasTec, Inc. (NYSE: MTZ) are higher on the session by 1.44%, trading at $20.49. Overall put volume is now running at 5.85x the daily average, with 3% of all puts traded being purchases on the offer. 1,042 contracts have traded on the session so far. MasTec, Inc. is a national...
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Calls Purchased on Jacobs Engineering Group Inc.
Friday, May 27, 2011 - 9:42am | 121Shares of Jacobs Engineering Group Inc. (NYSE: JEC) are higher on the session by 1.82%, currently trading at $25.22. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name...
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A Peek Into The Market Before The Trading Starts
Thursday, May 26, 2011 - 6:39am | 423Pre-open movers US stock futures are flat this morning, as investors are awaiting data on jobless claims and first-quarter economic growth. Futures on the Dow Jones Industrial Average surged 18 points to 12,369.00 and futures on the S&P 500 stock index rose 1.90 points to 1,318.50. Nasdaq 100...
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CB&I Awarded Engineering Contract for Golden Eagle Offshore Platforms
Thursday, May 26, 2011 - 6:05am | 98CB&I (NYSE: CBI) announced today that it has been awarded a contract valued at approximately $150 million by Nexen Petroleum U.K. Limited for the detailed engineering of two fixed platforms for the Golden Eagle field in the U.K. sector of the North Sea. CB&I's scope of work includes...
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Top 4 Small-Cap Stocks In The Heavy Construction Industry With The Highest Operating Margin
Wednesday, May 25, 2011 - 11:41pm | 131Below are the top small-cap heavy construction stocks on the NYSE, the NASDAQ and the AMEX in terms of operating margin. The trailing-twelve-month operating margin at Preformed Line Products Company (NASDAQ: PLPC) is 11.00%. PLPC's ROE for the same period is 15.35%. The trailing-twelve-month...
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Top Narrow Based Indexes For May 25
Wednesday, May 25, 2011 - 9:23am | 190By 10:20 am, the Dow Jones Industrial Average was down 14.83 points, or 0.12%, to 12,341.38, while the broader Standard & Poor's 500 index had dropped 1.60 points, or 0.12%. The NASDAQ composite index fell 0.47 point, or 0.02%. Some of the narrow based indexes that are still afloat in the...
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Morning Market Movers
Wednesday, May 25, 2011 - 8:53am | 121Quantum Fuel Systems Technologies Worldwide Inc (NASDAQ: QTWW) shares advanced 40.41% to $5.42 at 9:50 am. QTWW received a fleet contract from Dow Chemical Company (NYSE: DOW). Martha Stewart Living Omnimedia Inc (NYSE: MSO) shares surged 19.63% to $4.51. MSO appointed Lisa Gersh as the company's...
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Dycom Industries Announces $20M Stock Repurchase Program
Tuesday, May 24, 2011 - 3:21pm | 65Dycom Industries, Inc. (NYSE: DY) announced today that its Board of Directors has authorized $20 million to repurchase shares of Dycom's outstanding common stock. The stock repurchases are authorized to be made over the next eighteen months in open market or private transactions. The Company used...
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Jacobs Wins a $19M Contract for Biomass Gasification and Methanation Plant in Sweden
Tuesday, May 24, 2011 - 6:45am | 137Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has received a contract from Goteborg Energi AB for the GoBiGas-project, a 20 megawatt biomass gasification and methanation project in Goteborg, Sweden. Officials estimate the contract value at $19 million (EUR 13.7 million)....
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Jacobs Receives Five-Year Contract from Infineum
Tuesday, May 24, 2011 - 6:45am | 56Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it was awarded a contract from Infineum, a world class formulator, manufacturer and marketer of petroleum additives, under a master services agreement for the company's operations in Europe, Asia and North America. Officials did not...
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UPDATE: Goldman Sachs Adds KBR to Americas Conviction List
Tuesday, May 24, 2011 - 6:43am | 155Goldman Sachs is out with its report today on KBR (NYSE: KBR), adding KBR to its Americas Conviction List at Buy. In a note to clients, Goldman Sachs writes, "We add KBR to the Americas Conviction List at Buy. We see it as one of the best stories in a late-cycle sector that just inflected, and...