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Fluor Corporation Increases Share Repurchase to 12M Shares
Thursday, November 4, 2010 - 4:57pm | 57Fluor Corporation (NYSE: FLR) announced today that its Board of Directors has approved an increase in the Company's share repurchase program of approximately 7.2 million shares, bringing the total number of shares available for repurchase to twelve million. The current authorization is equal to 6.7...
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Fluor Reports Third Quarter EPS of $.32
Thursday, November 4, 2010 - 4:44pm | 159Fluor Corporation (NYSE: FLR) announced financial results for its third quarter ended September 30, 2010. Revenue rose 2 percent to $5.5 billion, compared with $5.4 billion in the third quarter of 2009. The company reported a net loss attributable to Fluor of $54 million, compared with net earnings...
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Fluor Corporation Reports Mixed Results (FLR)
Thursday, November 4, 2010 - 4:16pm | 145Fluor Corporation (FLR) reports Q3 earnings loss of $0.30 versus consensus of $0.22 loss. Fluor Corporation reports revenues of $5.5 billion versus consensus of $5.21 billion. Revenues increased 2% year over year. The outlook for 2010 earnings has been maintained at the previously indicated range...
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Quanta Services Misses Estimate - Analyst Blog
Thursday, November 4, 2010 - 3:03pm | 555Quanta Services Inc. (PWR) reported 2010 third quarter earnings from continuing operations of 26 cents per share, below the Zacks Consensus Estimate. Revenues for the quarter came in at $1.21 billion, above the Zacks Consensus revenue estimate of $1.14 billion. Quanta completed the acquisition...
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Company News for November 4, 2010 - Corporate Summary
Thursday, November 4, 2010 - 1:54pm | 826• Qualcomm (NASDAQ: QCOM) posted better-than-expected third-quarter earnings of $0.68, up from estimates of $0.59, and revenues of $2.95 billion, that beat estimates of $2.85 billion • NRG Energy (NYSE: NRG) posted a third quarter earnings and revenue miss, with results of $0.87 below estimates for...
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Granite Construction Declares Quarterly Dividend of $.13
Thursday, November 4, 2010 - 9:03am | 42Granite Construction Incorporated (NYSE: GVA) announced today that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on January 14, 2011 for shareholders of record on December 31, 2010.
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Foster Wheeler Profit Falls, Misses Estimates (FWLT)
Thursday, November 4, 2010 - 8:57am | 211Foster Wheeler AG (Nasdaq: FWLT) on Thursday morning released financial results that failed to meet Wall Street expectations. Foster Wheeler AG reported that its 3rd quarter net income fell to $51.7 million, or 41 cents per share, down from $90 million, or 71 cents per share, a year earlier....
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Deutsche Bank Lowers Quanta Services Estimates And Price Target
Thursday, November 4, 2010 - 8:51am | 128Deutsche Bank is lowering its Quanta Services, Inc. (NYSE: PWR) 4Q EPS estimate by $0.09 (to $0.16; at the mid-point of mgmt's guidance) to incorporate lower sales and GMs and a higher tax rate ($0.01). “Key revisions to our 4Q est's include: -2% to sales (primarily Elec Powerdespite Valard acq), -...
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Earnings Scheduled For November 4 (KFT, SBUX, FLR, TWC, CBS, PCS, ATVI, RDEN, LIZ, PCG, AGO, DTV, CROX)
Thursday, November 4, 2010 - 3:52am | 286Kraft Foods (NYSE: KFT) is forecast to report its Q3 earnings at $0.45 per share. Starbucks (NASDAQ: SBUX) is estimated to report its Q4 EPS at $0.32. Fluor Corp (NYSE: FLR) may report Q3 loss at $0.26 per share. Time Warner Cable Inc (NYSE: TWC) is expected to report its Q3 earnings at $0.88 per...
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Benzinga's Worst Performing Industries (PWR, CTRP, RURL, PHM, BHS, WBD, COCO, ESI)
Wednesday, November 3, 2010 - 7:41pm | 188General Contractors industry was the worst performer in Wednesday's trading session, with a decrease of 5.41%. Quanta Services, Inc. (NYSE: PWR) plunged 9.98% on earnings results. In the after hours, PWR gained 1.34%. Consumer Services sector fell 4.35% today, as Ctrip.com International, Ltd. (ADR...
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MasTec Shares Jump 9% On Earnings Beat (MTZ)
Wednesday, November 3, 2010 - 5:37pm | 237MasTec, Inc. (NYSE: MTZ) released financial results on Wednesday after the market closed that beat Wall Street estimates. MasTec, Inc announced that its 3rd quarter net income rose to $30 million, or 35 cents per share, up from $21.6 million, 27 cents per share, a year earlier. The company's...
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Quanta Services Guidance Sends Shares Falling (PWR)
Wednesday, November 3, 2010 - 2:20pm | 292Shares of Quanta Services, Inc. (NYSE: PWR) are currently down 10.6% at $17.82 per share during Wednesday afternoon trading. Today's trading range for shares of Quanta Services, Inc has been between $17.71 and $18.79 per share. The consensus price target of analysts covering the company's stock is...
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Market Roundup (DAL, PWR, HMC)
Wednesday, November 3, 2010 - 1:47pm | 231Delta Air Lines Inc (NYSE: DAL) reported an 8.6% y/y rise in its October traffic. The company's traffic came in at 16.61 billion revenue passenger miles, up from 15.3 billion revenue passenger miles, in the year-ago period. DAL's October load factor dropped to 83.4%, down from 84.1%, in the year-...
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Baker Awarded $1.9M FCC Contract
Wednesday, November 3, 2010 - 10:57am | 66Michael Baker Jr., Inc., an engineering unit of Michael Baker Corporation (BKR), announced today that it has been selected by the Federal Communications Commission (FCC) to perform data analysis and quality assessment services related to the creation of a national broadband map database. The...
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URS Gets U.S. Navy Order - Analyst Blog
Tuesday, November 2, 2010 - 5:03pm | 397URS Corporation (URS) has been awarded a $45 million contract to provide technical and program management capabilities to the Naval Surface Warfare Center in Crane, Indiana. URS will offer research, design and development services in addition to acquisition, prototyping and life-cycle...