Construction & Engineering

KBR (NYSE: KBR) today announced it has been awarded an engineering contract for Section 14-2 of the Tarrant Regional Water District's proposed 350 million gallon per day raw water transmission pipeline system serving Fort Worth and Dallas, Texas. Under this contract, KBR will undertake the...

Wunderlich Securities reiterated its MasTec (NYSE: MTZ) Buy rating and $26 price target in a research report published today. In the report, Wunderlich Securities states, "Mastec (MTZ) announced today that it had closed on an acquisition of Fabcor in Canada, a pipeline and facilities construction...

MasTec, Inc. (NYSE: MTZ) today announced that it has acquired Fabcor TargetCo, Ltd., and its subsidiaries, a Canadian pipeline and facility construction services company with offices in Grand Prairie, Alberta and Dawson Creek, British Columbia, Canada. Fabcor's pipeline and facility construction...

KBR (NYSE: KBR) today announced that it has been awarded a contract by Chevron U.S.A. Inc. to execute detailed design engineering for the Jack & St. Malo floating production unit located in the Lower Tertiary trend in the deepwater Gulf of Mexico. The Jack and St. Malo fields are located within...

Standpoint Research initiates AECOM Technology (NYSE: ACM) with a Buy rating and $36 price target.

Insituform Technologies, Inc. (NASDAQ: INSU) announced today the creation of two joint ventures with Wasco Energy. Wasco, a subsidiary of Wah Seong Corporation Berhad, is based in Kuala Lumpur, Malaysia and is widely recognized as the world's second largest provider of pipe coating, insulation and...

US stock futures are higher this morning, as investors are awaiting new-home-sales data. Futures on the Dow Jones Industrial Average gained 28 points to 12,462.00 and futures on the S&P 500 stock index rose 3.80 points to 1,334.80. Nasdaq 100 futures surged 6.25 points to 2,381.75. US stock...

Cooper Industries plc (NYSE: CBE) is projected to report its Q1 EPS at $0.84 on revenue of $1.23 billion. Johnson Controls Inc (NYSE: JCI) is projected to report its Q2 EPS at $0.55 on revenue of $9.37 billion. Jacobs Engineering Group Inc (NYSE: JEC) is projected to post its FQ2 EPS at $0.63 on...

KeyBanc Capital Markets is upgrading shares of KBR, Inc. (NYSE: KBR) to Buy, and is raising its estimates for 2011 and 2012 following earnings. It has a $43 price target on shares. In a note to clients, KeyBanc writes, "We are upgrading our rating on KBR, Inc. (KBR-NYSE) to BUY (from HOLD) on an...

KBR Inc (NYSE: KBR) was upgraded by KeyBanc Capital from "hold" to "buy." KBR's shares closed at $36.73 yesterday. KBR's trailing-twelve-month revenue is $9.96 billion. Ticonderoga upgraded Charles Schwab Corporation (NYSE: SCHW) from “neutral” to “buy.” SCHW's shares closed at $18.59 yesterday....

EMCOR Group (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 EMCOR Services Mesa Energy Systems subsidiary has been awarded a contract to perform an energy retrofit...

Analysts at Boenning & Scattergood initiate coverage of Layne Christensen Company (NASDAQ: LAYN) with an “outperform” rating. The target price for LAYN is set to $36. LAYN shares gained 0.81% to $30.01 in pre-market trading. More Analyst Ratings here

Below are the top small-cap general contractors stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at EMCOR Group Inc (NYSE: EME) is $5.12 billion. EME's operating margin for the same period is 4.33%. The trailing-twelve-month revenue at Comfort Systems USA...

KBR (NYSE: KBR) announced today that it has been awarded an engineering, procurement and construction (EPC) contract by KiOR, Inc. (KiOR) to build a first-of-its-kind biomass-to-renewable crude facility to be located in Columbus, Miss. The facility is designed to process approximately 500 tons per...

Wunderlich Securities is raising its price target on MasTec, Inc. (NYSE: MTZ) from $21 to $26 “on improved outlook for 2011 and 2012.” “We view the recently announced acquisition of T-Mobile by AT&T as a positive,” Wunderlich Securities writes. “This program will likely lead to increased...