Construction & Engineering

Kaufman Brothers analysts raised their price target on shares of Rackspace Hosting Inc. (RAX) from $35.00 to $38.00. Rackspace Hosting, Inc. operates in the hosting and cloud computing industry. RBC Capital analysts raised their price target on shares of Rosetta Resources Inc. (ROSE), an...

Jacobs Engineering Group Inc. (NYSE: JEC), in a joint venture with Huitt-Zollars, announced today that it received a contract from the U.S. Army Corps of Engineers Fort Worth District for construction phase services within the Southwest region, primarily at the Fort Bliss Army Post, located near El...

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been awarded an engineering and procurement supply contract by China Sun Paper for an integrated chlorine dioxide plant in Laos. Officials did not disclose the contract value.

EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and Melectrical construction, energy infrastructure and facilities services for a diverse range of businesses, announced that, as previously reported during its April, First Quarter 2011 Earnings Call, its S.A. Comunale subsidiary...

AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that a joint venture in which it participates with Parsons International has been awarded a program...

Dean Foods Co (NYSE: DF) is projected to report its Q1 EPS at $0.06 on revenue of $3.07 billion. Molycorp Inc (NYSE: MCP) is estimated to post its Q1 EPS at $0.10 on revenue of $41.68 million. Walt Disney Company (NYSE: DIS) is projected to report its FQ2 EPS at $0.56 on revenue of $9.13...

MYR Group (NASDAQ: MYRG) Reports EPS of $0.21 vs. $0.16 Estimate; Revenues $150.3M vs. $151.55M Estimate

Insituform Technologies, Inc. (Nasdaq: INSU) announced today that it has received a contract valued at approximately $3.6 million for 2011 from the City of Hamilton, Ontario, Canada, for the first year of a three-year sewer pipeline rehabilitation project. The City of Hamilton, which has the...

Seventeen years ago we saw the first leveraged mutual fund with daily reset.  Now we have dozens of them along with ETFs that work the same way.  Yet after all this time, many investors still don't understand what leveraged funds can and cannot do.  Even professional investors ignorantly called...

Wedbush was mixed in a report on Primoris Services (NASDAQ: PRIM) released today. Wedbush comments, “We are reaffirming our cautious stance on shares of Primoris Services ahead of the company's Q1 earnings release. With the Ruby Project (Ruby) likely progressing as planned and the recent rise in...

Goldman Sachs released a report outlining the company AECOM Tech (NYSE: ACM) earlier. In the report, Goldman noted the company's strong quarter but had reservations about the future. Goldman Sachs stated, “ACM reported $2.6 billion in new awards (based on contracted backlog) vs GS: $2.2 billion,...

J.P. Morgan is maintaining its Overweight rating and its price target of $77 on Fluor Corp. (NYSE: FLR) in light of solid 1Q results.. According to J.P. Morgan, “We maintain our 2011E EPS (FLR affirmed prior guidance of $3.00-3.40), as Q1 results were solidly in-line with our expectations, and the...

Fluor Corp (NYSE: FLR) Reports EPS of $0.78 vs. $0.76 Estimate; Revenues $5.06B vs. $5.58B Estimate

Shares of Quanta Services, Inc. (NYSE: PWR) are higher on the session by 1.41%, currently trading at $19.39. 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 today...

Shares of KBR, Inc. (NYSE: KBR) are lower on the session by 0.49%, trading at $36.31. Overall put volume is now running at 11.03x the daily average, with 55% of all puts traded being purchases on the offer. 1,213 contracts have traded on the session so far. KBR, Inc. is a global engineering,...