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CB&I Gets Abu Dhabi Contract - Analyst Blog
Tuesday, November 9, 2010 - 7:36pm | 420Chicago Bridge & Iron Company (CBI) announced today that it has bagged a contract, worth US$40 million, awarded by Daewoo Engineering and Construction Co. Ltd. for a storage tank project in Abu Dhabi. CB&I will provide and erect various storage tanks for the Mussafah terminal, which is...
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URS Corporation Reports Third Quarter 2010 Results: EPS of $0.87
Tuesday, November 9, 2010 - 5:25pm | 74URS Corporation (NYSE: URS) today reported its financial results for the third quarter of fiscal 2010, which ended on October 1, 2010. Revenues for the quarter were $2.34 billion, compared with the $2.32 billion recorded during the third quarter of 2009. Net income was $70.4 million, an 8.7%...
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Granite Promotes Laurel Krzeminski to CFO
Tuesday, November 9, 2010 - 10:08am | 47Granite Construction Incorporated (NYSE: GVA) announced today that its Board of Directors has promoted Laurel J. Krzeminski to the position of vice president and chief financial officer, effective immediately. Krzeminski has been serving as Granite's interim CFO since June 1, 2010.
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Granite Reports Third-Quarter EPS of $.99
Tuesday, November 9, 2010 - 9:33am | 57Granite Construction Incorporated (NYSE: GVA) today reported a net income of $38.7 million, or $0.99 per diluted share, for the third quarter of 2010 compared with net income of $30.6 million, or $0.79 per diluted share, for the third quarter of 2009. A tax benefit contributed $8.0 million to net...
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Jacobs Announces $12M Contract with United States Army Corps
Tuesday, November 9, 2010 - 8:49am | 70Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it was awarded an indefinite delivery/indefinite quantity (IDIQ) contract for total building commissioning of medical and other facilities within the United States Army Corps of Engineers (USACE), Europe District's area of...
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Jacobs Receives 3-Year Contract from the Washington State Department of Transportation
Tuesday, November 9, 2010 - 8:48am | 77Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract to provide general tolling consultant services for the Washington State Department of Transportation. WSDOT is using tolling within their highway system as a tool to reduce congestion and generate revenue....
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10 Stocks Insiders Are Buying
Monday, November 8, 2010 - 5:44pm | 177It's been a month or so since I last ran this stock screen, but it isn't one that I should be running frequently either due to the reporting nature of the data that I am screening with. So what you'll find below are 10 companies whose insiders are significant owners of the stocks mentioned below....
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Zacks Bull and Bear of the Day Highlights: W. W. Grainger, Jacobs Engineering, Sunrise Senior Living and Microchip Technology Incorporated - Press Releases
Monday, November 8, 2010 - 11:33am | 2511For Immediate Release Chicago, IL – November 8, 2010 – Zacks Equity Research highlights W. W. Grainger (GWW) as the Bull of the Day and Jacobs Engineering (JEC) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Ventas Inc. (VTR), Sunrise Senior Living Inc. (SRZ) and...
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Foster Wheeler Slips - Analyst Blog
Monday, November 8, 2010 - 10:39am | 670Foster Wheeler AG (FWLT) reported third-quarter earnings from continuing operations of 40 cents, below the Zacks Consensus Estimate of 51 cents. Earnings declined sharply from continuing operations of 71 cents in the prior-year quarter. It is primarily due to market-related declines from the...
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Top 4 Stocks In The Heavy Construction Industry With The Highest Cash (FLR, FWLT, MDR, GVA)
Monday, November 8, 2010 - 4:27am | 145Below are the top heavy construction stocks on the NYSE and the NASDAQ in terms of cash. Fluor Corporation (NYSE: FLR) had $1.76 billion in total cash and $117.39 million in total debt for the latest quarter. Foster Wheeler AG (NASDAQ: FWLT) had $974.15 million in total cash for the latest quarter...
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Jacobs Engineering (JEC) - Bear of the Day
Monday, November 8, 2010 - 3:04am | 161We downgrade our recommendation on Jacobs Engineering (JEC) from Neutral to Underperform based on the company's continuous decrease in backlog since the beginning of fiscal 2010, which is expected to negatively affect its top-line results in fiscal 2011. Hence, we reduce our fiscal 2011 estimate...
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Formula for a Bull Market 11-05-2010
Friday, November 5, 2010 - 6:41pm | 874Cusick's Corner There was no lack of positive catalysts for the bull this week. At this stage, the best scenario for a thriving Bull market and signal of a potentially stronger economy is rising Earnings + falling Inflation + low Interest rates = Prices going up. But the presumption is that the...
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Fluor To The Sky (FLR)
Friday, November 5, 2010 - 2:42pm | 96Fluor Corporation (NYSE: FLR) is skyrocketing today, gaining more than 9% on the back of strong earnings. Fluor Corp. reported earnings per share of 92 cents in the third quarter of 2010, excluding items. Revenues rose to $5.5 billion. Both of these beat Wall Street estimates. At last check,...
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Jacobs Doubles Contracts - Analyst Blog
Friday, November 5, 2010 - 2:03pm | 346Jacobs Engineering Group Inc. (JEC) has won engineering contracts from the United States Government (USG), Department of State (DOS), Bureau of Overseas Buildings Operations (OBO), and Porton Fine Chemicals Ltd (Porton), China-based custom manufacturing organization. The U.S. government...
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Fluor Loss Widens on Charges - Analyst Blog
Friday, November 5, 2010 - 9:33am | 615Fluor Corporation (FLR) reported earnings per share from continuing operations of 92 cents in the third quarter of 2010, after adjusting for one-time charges. Revenues were $5.5 billion, up from $5.4 billion in the third quarter of 2009 but higher than the Zacks Consensus Estimate of $5.1 billion...