-
Quanta Services Reports Q4 Results
Wednesday, February 23, 2011 - 11:59am | 107According to J.P. Morgan, Quanta Services (NYSE: PWR) reported Q4 results before the open and will host a call this morning at 9:30am EST to discuss. J.P. Morgan reported that PWR provided initial 2011 diluted EPS guidance of $0.80-0.90, below its $1.00 estimate and the Street's $1.05. “It is...
-
Chicago Bridge & Iron Has Solid Outlook As Energy Drives Spending
Wednesday, February 23, 2011 - 10:17am | 68According to Jefferies & Company, Chicago Bridge & Iron (NYSE: CBI) had a good quarter and has a solid outlook as energy drives spending. J.P. Morgan said that Chicago Bridge & Iron reported fiscal fourth quarter earnings of $63.2 million. “New orders reflected an increased level of...
-
Fluor Reports Q4 EPS of $0.65 vs. $0.75
Wednesday, February 23, 2011 - 10:02am | 179Fluor Corporation (NYSE: FLR) today announced financial results for its fiscal year ended December 31, 2010. Net earnings attributable to Fluor for 2010 were $357 million, or $1.98 per diluted share, compared with $685 million, or $3.75 per diluted share in 2009. Consolidated segment profit for the...
-
Wunderlich Has Buy On MasTec (MTZ)
Wednesday, February 23, 2011 - 8:38am | 164Wunderlich Securities has a Buy rating and a $18 price target on shares of MasTec, Inc. (NYSE: MTZ). In a note to clients, Wunderlich writes, "MasTec, Inc. (MTZ) reports 4Q10 results after the close today, Wednesday, February 23. The Street is looking for revenue and EPS of $649 million and $0.38,...
-
Quanta Services Reports Upbeat Q4 Earnings
Wednesday, February 23, 2011 - 7:15am | 57Quanta Services Inc (NYSE: PWR) reports its Q4 adjusted EPS at $0.23, beating the consensus of $0.16. PWR reports its Q4 revenue at $1.11 billion, versus the consensus of $1.01 billion. PWR shares gained 0.46% to $22.73 in after-hours trading. Read more from Benzinga's Company news.
-
CB&I Reports Q4 EPS of $0.63 vs. $0.56
Tuesday, February 22, 2011 - 5:03pm | 44CB&I (NYSE: CBI) today reported net income for the fourth quarter of $63.2 million or $0.63 per diluted share, versus $41.2 million or $0.41 per diluted share in 2009. Revenue for the quarter was $947.9 million with new awards of $992.0 million.
-
Jacobs Awarded HCA Engineering Panel Framework Contract
Tuesday, February 22, 2011 - 8:49am | 38Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been appointed to a new framework panel for the Homes and Communities Agency. The contract duration is four years.
-
Jacobs Receives Contract for Chemicals Manufacturing Plant and Conversion Projects
Tuesday, February 22, 2011 - 8:46am | 93Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it signed a contract in Dec. 2010, with the Saudi Industrial Investment Group and Arabian Chevron Phillips Petrochemical Company Limited to provide engineering, procurement and construction management services for a polyamide 6,6...
-
KBR Awarded Contract by Public Works Authority of Qatar
Wednesday, February 16, 2011 - 5:41pm | 121KBR (NYSE: KBR) today announced that it has been awarded a contract by the Public Works Authority of Qatar to provide program management services and engineering support to deliver a package of thirty major roads that comprise the Doha Expressway Program. KBR will serve as program manager for the...
-
Fluor and Boeing Team to Pursue Sandia National Laboratories Work
Tuesday, February 15, 2011 - 1:01pm | 94Fluor Corporation (NYSE: FLR) announced today that the company has reached a teaming agreement with Boeing (NYSE: BA) to pursue work from the United States Department of Energy (DOE) at its Sandia National Laboratories. Sandia is a government-owned, contractor-operated facility that is managed on...
-
Energy Services of America Corporation Reports Q1 EPS of $(0.01)
Monday, February 14, 2011 - 10:31am | 77Energy Services of America (NYSE: ESA) announced today that the company finished the first three months of its fiscal year at about breakeven with a loss of ($54,553) for the three months ended December 31, 2010. This was very comparable to the slight income of $637,563 for the three months ended...
-
Foster Wheeler Awarded Engineering Contract for Copper Processing Facility
Monday, February 14, 2011 - 9:16am | 75Foster Wheeler AG (Nasdaq: FWLT) announced today that its Global Engineering and Construction Group has been awarded an engineering design contract for a copper concentrator plant in Chile for the Chilean Copper Corporation. The engineering contract is part of the improvement project for the El...
-
Options Brief: Fluor Corporation (FLR)
Friday, February 11, 2011 - 11:38am | 80Shares of Fluor Corporation (NYSE: FLR) are higher on the session by 1.37%, trading at $72.39. Overall call volume is now running at 2.03x the daily average, with 63% of all calls traded being purchases on the offer. 3,963 contracts have traded on the session so far. Fluor Corporation is a holding...
-
Benzinga's Top Upgrades (RDWR, FLR, IPG, SO)
Friday, February 11, 2011 - 9:16am | 132Radware Ltd (NASDAQ: RDWR) was upgraded by Oppenheimer from "perform" to "outperform." RDWR's shares closed at $38.29 yesterday. Radware's PEG ratio is 0.83. Citigroup upgraded Fluor Corporation (NYSE: FLR) from "hold" to "buy.” FLR's shares closed at $71.41 yesterday. Fluor's trailing-twelve-month...
-
Citi Upgrades Fluor Corp. to Buy (FLR)
Friday, February 11, 2011 - 9:05am | 156Citi is out with its report on Fluor Corp. (NYSE: FLR), upgrading FLR from Hold to Buy. In a note to clients, Citi writes, "We are upgrading FLR to Buy from Hold and raising our TP by $14.00 to $86.00/share. The changes reflect an increase in our target multiple to 21.5x from 20.0x as well as...