-
Citigroup Upgrades Fluor Corporation To Buy, PT To $86
Friday, February 11, 2011 - 8:25am | 27Citigroup has upgraded Fluor Corporation (NYSE: FLR) from Hold to Buy and has raised the price target from $72 to $86.
-
The Infrastructure Stocks Highway
Wednesday, February 9, 2011 - 12:32am | 471It seems like every major city and even smaller cities I've driven through, I've noticed some sort of road, bridge, or tunnel repairs and upgrades. Even in Redondo Beach, California, the sidewalk along the cliffs above the beach is being torn up, and according to the locals, is being paid for by...
-
Jacobs Receives $4.9M Contract From the Air Force Materiel Command Project
Tuesday, February 8, 2011 - 8:46am | 71Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from the Air Force Materiel Command for acquisition support of its Aeronautical Systems Center F-22 Division. The AFMC/ASC F-22 Division is based in Wright-Patterson Air Force Base, Ohio. Officials estimate the...
-
Jacobs Receives Contract From BAA Airports
Tuesday, February 8, 2011 - 8:46am | 84Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it won a framework contract from BAA Airports Ltd. to provide design engineering consultancy services across all six of its international airports in England and Scotland until 2015. Jacobs' scope of work includes full multi-...
-
Jacobs Receives Contract from Health and Hospital Corporation of Marion County
Tuesday, February 8, 2011 - 8:45am | 59Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from Health and Hospital Corporation of Marion County, Ind. to provide comprehensive program and construction management services for the design and construction phases of the new 1.2 million square-foot Wishard...
-
Aecom Technology Profits And Sales Climb Higher (ACM)
Tuesday, February 8, 2011 - 8:35am | 172Los Angeles, California-based Aecom Technology Corporation (NYSE: ACM) released financial results on Tuesday morning that were in-line with Wall Street estimates. Aecom Technology Corporation announced that its 1st quarter net income from continuing operations climbed 25% to $57 million, or 48...
-
Is Chicago Bridge's Stock Headed to $40 and Beyond?
Monday, February 7, 2011 - 3:28pm | 111Steady as she goes with Chicago Bridge & Iron (NYSE: CBI), which I first wrote about on April 6, 2009, at a price of $7.31, which has pushed through psychological resistance at $30. Further, obviously if you're in near $7.31 or at a dollar-cost-average below $14, now may be a good time to...
-
NASDAQ Stocks Hitting 52-Week Highs (PETM, IDCC, INSU, RDEN)
Monday, February 7, 2011 - 11:26am | 142PetSmart Inc (NASDAQ: PETM) shares reached $42.19 to create a new 52-week high, before falling to $42.00, representing a 1.25% gain. Analysts at JMP Securities upgraded PETM from “market perform” to “market outperform.” InterDigital Inc (NASDAQ: IDCC) shares jumped 4.66% to touch a new 52-week high...
-
Foster Wheeler Wins Contract for Feasibility Study
Friday, February 4, 2011 - 10:19am | 111Foster Wheeler AG, (Nasdaq: FWLT) announced today that its Global Engineering and Construction Group has been awarded a feasibility study contract by Karnalyte Resources Inc. for the Wynyard Carnallite Potash Project in Saskatchewan, Canada. The study will consider initial production of 500,000...
-
Michael Baker Files to Sell $125M of Common Stock
Friday, February 4, 2011 - 10:10am | 107Michael Baker Corporation (NYSE: BKR) announced today that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). Under the shelf registration, if and when declared effective by the SEC, the Company may sell, from time to time, up to $...
-
Fluor Corporation Announces Dividend of $.125
Thursday, February 3, 2011 - 3:53pm | 37Fluor Corporation's (NYSE: FLR) board of directors has declared a quarterly cash dividend of $0.125 per share on the company's common stock, payable April 4, 2011, to shareholders of record on March 4, 2011.
-
Baker Awarded Structure Design Contract Worth $688,000
Thursday, February 3, 2011 - 1:23pm | 96The LPA Group of North Carolina, a unit of Michael Baker Corporation (NYSE: BKR), announced today that it has been selected by the North Carolina Department of Transportation to perform structure design work on a $688,000 contract for a 3,400-foot bridge on U.S. 70, Beaufort Bypass, Morehead City,...
-
On the African gold trail with GoldStone Resources
Thursday, February 3, 2011 - 11:08am | 2994Since Jurie Wessels took the reins as chief executive of Goldstone Resources (LON:GRL) in May 2009, the company has snapped up a collection of prospective gold projects in west and central Africa that have given its investors a reason to get excited. Together with exploration director Dr Hendrik...
-
Top 4 Small-Cap Stocks In The General Contractors Industry With The Highest Revenue (FIX, MYRG, PIKE, CAEI)
Thursday, February 3, 2011 - 4:21am | 137Below are the top small-cap general contractor stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Comfort Systems USA Inc (NYSE: FIX) is $1.05 billion. FIX's ROE for the same period is 5.16%. The trailing-twelve-month revenue at MYR Group Inc (NASDAQ: MYRG)...
-
Goldman Sachs Morning Summary
Wednesday, February 2, 2011 - 10:42am | 207Goldman Sachs is out with its research report on the Americas this morning. Goldman Sachs upgraded its Quest Software (NASDAQ: QSFT) rating to Neutral from Sell, downgraded Nuance Communications (NASDAQ: NUAN) to Sell from Neutral, raised Pfizer's (NYSE: PFE) price target to $22 from $20, raised...