Construction & Engineering

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 (TxDOT) to reconstruct and widen a portion of I-35 in Waco (Bell County), Texas. Work on this...

J.P. Morgan has published a report on Chicago Bridge & Iron Co. NV (NYSE: CBI) raising the price target from $50.00 to $52.50. In the report, J.P. Morgan wrote, "We affirm our Overweight rating on CBI, which remains on the JPMorgan US Analyst Focus List. Last night's results affirmed our...

CNBC Fast Money's Brian Kelly recommended a long position in Lorillard Inc. (NYSE: LO) in the wake of strong earnings results from Philip Morris International Inc. (NYSE: PM). Lorillard Inc. (LO) gained 3.12%, and Philip Morris International Inc. (PM) added 4.84%. Guy Adami wants to buy Chicago...

CB&I (NYSE: CBI) announced today that it has been awarded a contract, valued in excess of US$500 million, for the engineering, fabrication and construction of two 160,000 cubic meter LNG storage tanks, as well as additional work for a confidential LNG liquefaction project in the Asia Pacific...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Wednesdays's trading session (listed from highest total volume to lowest): 1) Nalco Holding (NYSE: NLC): Shares...

Below are the top heavy construction stocks on the NYSE in terms of return on equity. The trailing-twelve-month return on equity at MasTec Inc (NYSE: MTZ) is 16.89%. MTZ's PEG ratio is 1.01. The trailing-twelve-month return on equity at McDermott International Inc (NYSE: MDR) is 15.56%. MDR's...

Michael Baker Jr., Inc., an engineering unit of Michael Baker Corporation (NYSE: BKR), announced today that it has established a new office in Towanda, Bradford County, Pa., in support of its Marcellus Shale initiative and growing client base across the Marcellus Shale region from Pittsburgh to...

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received an award from the U.S. Army Corps of Engineers Kansas City District for enhanced commissioning services in the Northwestern Division area of responsibility as prescribed by the United States Green Building Council.

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been awarded a contract by URENCO ChemPlants Limited, a wholly owned subsidiary of URENCO Ltd, for project management, design engineering, procurement, construction management and inactive commissioning associated with a new...

Energy Services of America Corporation (NYSE: ESA) today announced the extension of the offering period for its exchange offer for all of its outstanding warrants. The offering period as extended will expire at 5:00 p.m. Eastern Time on August 20, 2011. The tender offer was previously set to...

Michael Baker Jr., Inc., an engineering unit of Michael Baker Corporation (NYSE: BKR), announced today that it has been awarded a $2.2 million construction management support and construction inspection contract for seven separate construction projects with a combined construction value of $22...

According to Citi, KBR (NYSE: KBR) coverage is initiated with Buy rating. Citi said that it rates KBR Buy/Speculative (1S) with a 12-month target price of $52.00/share. “KBR should appeal to investors willing to accept a speculative level of risk and seeking exposure to: 1) oil & gas spending...

Marriot International (NYSE: MAR) dipped 5.09% to $35.25 in the pre-market session. MAR projects earnings of $1.35 to $1.43 per share for the full year, versus analysts' estimates of $1.42 per share. Hartford Financial Services Group Inc (NYSE: HIG) moved down 4.22% to $24.52 in the pre-market...

Synaptics Inc. (NASDAQ: SYNA) today announced that the first commercially available Google Chromebooks are exclusively equipped with a Synaptics ClickPad™. The ClickPad features the latest Image Sensing technology that provides full-time finger tracking capability, more accurate touch detection and...

Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Power Group has been given the full notice to proceed by Hyundai Engineering and Construction for the design and supply of four 550 MWe supercritical circulating fluidized-bed steam generators for the Samcheok Green...