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KBR Comments on Latest Nigerian FCPA Charges
Tuesday, December 7, 2010 - 4:21pm | 148Recent press reports name KBR (NYSE: KBR) Chairman, President and CEO William P. Utt in the latest apparent charges to be filed by the Nigerian Government. The issues related to this latest set of charges involve violations of the Foreign Corrupt Practices Act that occurred between 1994 and 2004....
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Layne Christensen Hits 52-Week High (LAYN)
Tuesday, December 7, 2010 - 12:41pm | 248Shares of Layne Christensen Company (Nasdaq: LAYN) are trading up 5.6% at $35.64 per share during the Tuesday morning trading session. The day's trading range for shares of Layne Christensen Company has been between $34.53 and a 52-week high of $36.62 per share. Analysts covering the company's...
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Jacobs Wins Contracts from Gatwick Airport
Tuesday, December 7, 2010 - 8:49am | 54Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it won two framework contracts from Gatwick Airport Limited to provide architecture- and civil engineering-led design services at Gatwick Airport until 2013, with an option to extend for a further year. Officials did not disclose the...
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A Peek Into The Market Before The Trading Starts
Tuesday, December 7, 2010 - 8:48am | 548Pre-open movers US stock futures are higher, this morning as President Barack Obama agreed on a deal with the Republican Party in order to extend tax cuts for the coming two years for all Americans. Futures on the Dow Jones Industrial Average advanced 76 points to 11,429 and S&P 500 futures...
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Jacobs Receives Contract for New Sulfur Recovery Unit
Tuesday, December 7, 2010 - 8:46am | 72Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from CPC Corporation, Taiwan to design and license Jacobs' proprietary EUROCLAUS technology for a desulfurization unit as part of the Ta-Lin refinery expansion project in Kaoshiung, Taiwan. Officials did not...
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Jacobs Receives $271 Million Basic Ordering Agreement
Tuesday, December 7, 2010 - 8:45am | 84Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a basic ordering agreement to provide design-build services at EnRoute Facilities for the Federal Aviation Administration. Officials indicated that the maximum BOA value is $271 million for the entire performance period. The...
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Layne Christensen Beats Estimates (LAYN)
Tuesday, December 7, 2010 - 7:26am | 229Layne Christensen Company (Nasdaq: LAYN) released financial results on Tuesday morning that beat Wall Street estimates. Layne Christensen Company announced that its 3rd quarter net income rose to $8.2 million, or 42 cents per share, up from $6.6 million, or 34 cents per share, a year earlier. The...
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Layne Christensen Reports Upbeat Q3 Results
Tuesday, December 7, 2010 - 7:16am | 55Layne Christensen (NASDAQ: LAYN) reports its Q3 EPS at $0.42, beating the consensus of $0.30. LAYN reports its Q3 revenue at $269.8 million, versus the estimates of $244.66 million. LAYN shares surged 5.15% to $35.50 in after-hours trading. Read more from Benzinga's Company news.
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Earnings Scheduled For December 7 (HRB, TLB, AZO, MTN, MW, AVAV, AHCI, COO, LAYN, MIND, TTC)
Tuesday, December 7, 2010 - 4:32am | 292H&R Block (NYSE: HRB) is expected to report a Q2 loss of $0.38 per share on revenue of $339.54 million. Talbots (NYSE: TLB) is projected to post its earnings at $0.26 per share on revenue of $303.11 million in the third quarter. AutoZone Inc (NYSE: AZO) is likely to report its Q1 EPS at $3.40...
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Benzinga's Top Upgrades (CTSH, ELN, PPO, JEC)
Monday, December 6, 2010 - 10:10am | 142Cognizant Technology Solutions (NASDAQ: CTSH) was upgraded by Goldman Sachs from "neutral" to "buy." CTSH's shares closed at $69.31 on Friday. Cognizant Technology's quarterly earnings surged 49.20% y/y. UBS upgrade Elan Corporation Plc (NYSE: ELN) from "neutral" to "buy." ELN's shares closed at $5...
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Stocks Crossing Over Their 50 & 200 Day Moving Averages
Friday, December 3, 2010 - 2:16pm | 114A few stocks are crossing over their 50 & 200 day moving averages today. Companies like Arkansas Best Corporation (NASDAQ: ABFS), AECOM Technology Corporation (NYSE: ACM) and Alliance Data Systems Corporation (NYSE: ADS) have all crossed over these averages, potentially signifying a bullish...
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Mad Money Lightning Round OT: Cramer Believes That CHK Is Too Cheap (INSU, NIHD, AMX, ABT, CCG, CHK)
Thursday, December 2, 2010 - 8:41pm | 230On CNBC's Mad Money Lightning Round OT, Jim Cramer said that investors should not buy Insituform Technologies, Inc. (NASDAQ: INSU). He added that you don't want to own this company in this housing market. Insituform Technologies (INSU) gained 2.37% today, and closed at $23.76. Cramer thinks that...
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Options Brief: Granite Construction (GVA)
Thursday, December 2, 2010 - 11:27am | 76Shares of Granite Construction Incorporated (NYSE: GVA) are higher on the session by 0.82%, trading at $27.06. Overall put volume is now running at 3.410x the daily average, with 70% of all puts traded being purchases on the offer. 2,117 contracts have traded on the session so far. Granite...
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CB&I Wins China Contract - Analyst Blog
Wednesday, December 1, 2010 - 3:51pm | 447Chicago Bridge & Iron Company (CBI) announced that it has won a contract from Liaoning Tongyi Petrochemical Co., Ltd. for the engineering design consultancy work for OCT olefins conversion and dehydrogenation units at several sites in China. The units will produce isobutylene and propylene...
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CB&I Wins China Contract - Analyst Blog
Wednesday, December 1, 2010 - 10:09am | 447Chicago Bridge & Iron Company (CBI) announced that it has won a contract from Liaoning Tongyi Petrochemical Co., Ltd. for the engineering design consultancy work for OCT olefins conversion and dehydrogenation units at several sites in China. The units will produce isobutylene and propylene...