Construction & Engineering

Fluor Corp (NYSE: FLR) releases its next round of earnings this Thursday, August 4, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Analysts are looking ahead to a positive EPS of 81 cents/share and revenues...

Stifel Nicolaus is out with its report today on Insituform Technologies (NASDAQ: INSU), lowering its PT from $31 to $30. In its report, Stifel Nicolaus writes, "We reiterate our Buy rating. We are reducing our target price to $30.00 from $31.00 based on 14.0x 2012E EPS plus 2011 net cash of nearly...

Citi Investment Research is out with a research report on KBR, Inc. (NYSE: KBR) and is raising its price target to $54 and has a Buy rating on shares. In a note to clients, Citi Investment Research writes, "KBR reported 2Q11 EPS, which was 23% higher than consensus and raised guidance by 25%. In...

Citigroup has raised the price target on KBR (NYSE: KBR) from $52 to $54 and maintains its Buy rating.

KBR (NYSE: KBR) today announced it was awarded a contract by Lihuayi Weiyuan Chemical Co., Ltd. to license its phenol technology for Lihuayi's grassroots, 220,000 tons per annum Phenol/Acetone plant in Lijin County, Shandong Province, China.

Shares of AECOM Technology (NYSE: ACM) are lower on the session by 2.19%, trading at $25.46. Overall put volume is now running at 30.06x the daily average, with 88% of all puts traded being purchases on the offer. 1,022 contracts have traded on the session so far. AECOM Technology Corporation is...

Shares of Quanta Services (NYSE: PWR) are lower on the session by 1.64%, currently trading at $19.21. The stock has been moving largely lower over the past three months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while ago...

Insituform Technologies (Nasdaq: INSU) today announced the execution of a definitive agreement to acquire the North American business of Fyfe Group, LLC for a purchase price of $115.8 million. The Company also was granted an option to acquire Fyfe Group's Asian, European and Latin American...

Goldman Sachs is out with its report today on Jacobs Engineering (NYSE: JEC), maintaining Neutral. In a note to clients, Goldman Sachs writes, "JEC reported 3Q2011 EPS of $0.71 vs. GS/consensus of $0.67/$0.70. Management also maintained FY11 EPS guidance of $2.40-$2.80. We view this as a modestly...

Bank of America has published a report on Jacobs Engineering Group (NYSE: JEC) commenting on FY3Q11 results. In the report, Bank of America wrote, "Little new news in FY3Q11 results JEC delivered operating results roughly in line with consensus but below our more optimistic forecast. Field...

KBR (NYSE: KBR) today announced that it has been awarded an engineering, procurement and construction contract by a wholly owned subsidiary of Molycorp (NYSE: MCP) to build a new Chlor-Alkali plant as part of Molycorp's Project Phoenix. The Chlor-Alkali plant construction is one of various...

Molycorp, Inc. (NYSE: MCP) today announced the award of an Engineering, Procurement, and Construction contract by a wholly owned subsidiary to KBR (NYSE: KBR) to build a Chlor-Alkali plant as part of Molycorp's state-of-the-art, $781 million Project Phoenix expansion and modernization at its...

Foster Wheeler (NASDAQ: FWLT) announced today that its board of directors has approved a senior leadership succession plan under which J. Kent Masters, 50, will become the company's Chief Executive Officer, effective October 1, 2011. It is expected that he will stand for election to the company's...

Foster Wheeler AG (Nasdaq: FWLT) announced today that its board of directors has approved a senior leadership succession plan under which J. Kent Masters, 50, will become the company's Chief Executive Officer, effective October 1, 2011. It is expected that he will stand for election to the company'...

Primoris Services Corporation (NASDAQ: PRIM) today announced that its wholly-owned subsidiary, James Construction Group, was awarded a $123.6 million contract from the Texas Department of Transportation to reconstruct and widen a portion of I-35 in Waco, Texas. Work on this project is scheduled to...