Construction & Engineering

According to J.P. Morgan, The Punch List (NYSE: CBI) Q1 earnings results are expected to help validate the sustainability of the upturn in E&C bookings it saw materialize in 2H10, with BtB hopefully continuing to climb. J.P. Morgan said that key topics could include anecdotes on individual end...

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from Masan Resources Corporation for a major mining and minerals project in Vietnam. Masan Resources Corporation is a subsidiary of Masan Group Corporation. The contract value is estimated at USD21.8 million....

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it is providing construction management agency services for the new, 1.2-million-square-foot Veterans Affairs (VA) replacement medical center facility for the Eastern Colorado Health Care System/Department of Veterans Affairs in Aurora...

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from Huntsman Corporation and Zamil Group Holding Company to provide front end engineering and designservices for a Morpholine and Diglycolamine Agent unit located in Jubail, Saudi Arabia. Officials did not...

Jacobs Engineering Group (NYSE: JEC) announced today that it received a contract from Masan Resources Corporation for a major mining and minerals project in Vietnam. Masan Resources Corporation is a subsidiary of Masan Group Corporation. The contract value is estimated at USD21.8 million. Jacobs'...

EMCOR Group, Inc. (NYSE: EME) announced that its subsidiary, Trautman & Shreve Inc., has been awarded a contract for the installation of all the mechanical systems at the new Denver Police Crime Laboratory in Denver, Colorado.

Shares of Quanta Services, Inc. (NYSE: PWR) are lower on the session by 2.29%, trading at $20.50. Overall put volume is now running at 3.98x the daily average, with 52% of all puts traded being purchases on the offer. 1,901 contracts have traded on the session so far. Quanta Services, Inc. is a...

KBR (NYSE: KBR) announced today that a consortium consisting of its subsidiary, BE&K Construction Company and a subsidiary of The Babcock & Wilcox Company (B&W) has been awarded a contract by the Palm Beach County Solid Waste Authority to provide engineering, procurement and...

AECOM Technology Corporation (NYSE: ACM) announced today that an AECOM-led team has been awarded a US$40-million on-call contract by the California Department of Water Resources to provide aquatic and hydrodynamic technical services for the agency's activities in the Sacramento-San Joaquin Delta.

Stifel Nicolaus is reiterating MasTec, Inc. (NYSE: MTZ) as a Buy, and is raising its price target to $26, to $21.50. In a note to clients, Stifel Nicolaus writes, "Shares have pulled back 11.2% since reaching a 52-week high of $21.99 on 4/7/11 (S&P 500 declined 1.8% over the same period). We...

URS Corporation (NYSE: URS) today announced it has acquired BP Barber. The financial terms of the transaction were not disclosed.

Argan (NYSE: AGX) today announced financial results for the fourth quarter and year ended January 31, 2011. In March 2011, Vitarich Laboratories, Inc. (VLI), a wholly owned subsidiary of Argan, sold substantially all of its assets to NBTY, Florida, Inc. As a result, Argan is reporting VLI's...

Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has received a contract from Statoil Petroleum AS for the pre-front-end engineering for the Snøhvit Future Development Project at Statoil's Melkøya-based LNG facility on Melkøya...

Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has received a contract from Statoil Petroleum AS for the pre-front-end engineering for the Snøhvit Future Development Project at Statoil's Melkøya-based LNG facility on Melkøya...

KBR (NYSE: KBR) today announced that its newly-established Middle East-based Engineering Company has been awarded an engineering and project management services contract by the Saudi Arabian Oil Company as part of its General Engineering Services Plus initiative. The partners in this new...