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Fast Money Picks For March 15th (GE, BHI, CELG, FWLT, WLK)
Monday, March 14, 2011 - 9:09pm | 235On CNBC's Fast Money, JJ Kinahan said that General Electric Company (NYSE: GE) should be bought on Tuesday. He believes that today's sell off is an overreaction to GE's exposures to Japan. General Electric Company (GE) fell 2.16% on Monday, and closed at $19.92. Joe Terranova wants to buy Baker...
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KBR to Provide Aniline Technology License to Inner Mongolia Connell Chemical Industry Co
Monday, March 14, 2011 - 4:05pm | 54KBR (NYSE: KBR) today announced that it has been awarded a contract by Inner Mongolia Connell Chemical Industry Co., Ltd. (Connell) to provide licensing, basic engineering and related training and field services for its grassroots aniline plant in TongLiao, Inner Mongolia Province, China.
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Puts Purchased on Jacobs Engineering Group Inc. (JEC)
Monday, March 14, 2011 - 1:47pm | 116Shares of Jacobs Engineering Group Inc. (NYSE: JEC) are lower on the session by 1.65%, currently trading at $48.27. The stock has been moving largely higher over the past six months and is currently trading above 200-day moving average. Options traders are buying puts on the name today. A short...
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Quarterly Changes to the NASDAQ Q-50 Index
Monday, March 14, 2011 - 11:33am | 283The NASDAQ OMX Group, Inc. (Nasdaq: NDAQ) announced today the results of the quarterly re-ranking of the NASDAQ Q-50 Index (Nasdaq:NXTQ), which will become effective prior to market open on Monday, March 21, 2011. The following eight securities will be added to the Index: Charter Communications,...
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BB&T Downgrades MTZ To Hold
Monday, March 14, 2011 - 6:52am | 47Analysts at BB&T downgrade MasTec Inc (NYSE: MTZ) from “buy” to “hold.” MTZ shares gained 4.91% to close at $20.10 on Friday. More Analyst Ratings here
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Sterne Agee Reiterates Buy Rating, $81 PT On FLR
Friday, March 11, 2011 - 9:54am | 167Sterne Agee is reiterating its Buy rating and $81 PT on shares of Fluor Corporation (NYSE: FLR). “Meetings with FLR management confirmed our view that the company remains on track to end 2011 with backlog above the prior peak level which should set the company up for new peak EPS in 2012,” Sterne...
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Deutsche Bank Raises PT On MYR Group To $25
Thursday, March 10, 2011 - 8:38am | 29Deutsche Bank has raised the price target on MYR Group (NASDAQ: MYRG) from $23 to $25 and maintains its Buy rating.
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Furmanite Corporation (NYSE: FRM) Announces FY 2010 EPS Of $0.26
Thursday, March 10, 2011 - 8:24am | 20Furmanite Corporation (NYSE: FRM) has announced its FY 2010 EPS of $0.26.
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Furmanite Reports Q4 EPS of $0.10
Thursday, March 10, 2011 - 8:21am | 61Furmanite Corp (NYSE: FRM) reported its Q4 EPS at $0.10, versus the consensus of $0.10. FRM reported its Q4 revenue at $75.07 million, versus the consensus of $78.5 million. FRM shares gained 2.19% to close at $7.45 yesterday. Read more from Benzinga's Company news.
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Foster Wheeler and Consortium Partners Sign Contract with Saudi Aramco
Monday, March 7, 2011 - 9:24am | 94Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group together with the subsidiary's consortium partners comprising A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., and Saudi Consolidated Engineering Company -...
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Emcor Group Inc. Director Sells 12,708 Shares of EME
Friday, March 4, 2011 - 5:28pm | 60In a Form 4 filed earlier today, Emcor Group Inc. (NYSE: EME) Director, Albert Fried, reported that he sold 12,708 shares of EME on March 3rd for an average price of $31.93. The transaction totaled $405,824. Mr. Fried owns 18,822 direct shares of EME. Source: The Washington Service
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Stock on The Move: (CBI) Breaking out New High ...
Thursday, March 3, 2011 - 3:34pm | 16Stock on The Move: (CBI) Breaking out New High ...
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Michael Baker Corporation REports Q4 EPS of $(0.07) vs. $0.57
Thursday, March 3, 2011 - 8:43am | 35Michael Baker Corporation (NYSE: BKR) today reported its financial results for the fourth quarter. Revenues $120.36M EPS $(0.07)
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Good News & Bad News Challenges Market 03-02-2011
Wednesday, March 2, 2011 - 8:00pm | 808Cusick's Corner We have a market that is challenged by good news and bad news. The good news is that the employment picture is looking better, watch for confirmation with the latest unemployment number this Friday. The bad news is that inflation appears to be growing faster than anticipated,...
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Market Trading Like a Tennis Match!
Wednesday, March 2, 2011 - 4:01pm | 894Cusick's Corner The tennis match continues into the Midday, with the bulls bouncing back from the lows. The market hit the lows on the ADP data which to me was very interesting, thought there could be a run to upside on the heels of a good number. Battle lines are being drawn, with the...