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Fluor Named by Quadra FNX to Perform Sierra Gorda Mining Work in Chile; Company Booked $1B For Sierra Gorda Project in Q2
Wednesday, July 13, 2011 - 6:32am | 58Fluor Corporation (NYSE: FLR) announced today that the company has won a contract from Minera Quadra Chile Limitada, a subsidiary of Quadra FNX Mining Ltd., to perform work at the company's Sierra Gorda project in Chile. Fluor booked approximately $1 billion for the Sierra Gorda project in the...
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Baker Awarded New Orleans Rail Gateway Contract by Louisiana DOTD for $4.8M
Tuesday, July 12, 2011 - 9:38am | 173Michael Baker Jr., Inc., a unit of Michael Baker Corporation (NYSE: BKR), announced today that it has been awarded a three-year, $4.8 million rail/roadway engineering and environmental services contract by the Louisiana Department of Transportation and Development for the New Orleans Rail Gateway,...
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Jacobs Receives Consultancy Contract from EDF's NNB Generation Company; Value Not Disclosed
Tuesday, July 12, 2011 - 6:46am | 67Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been awarded a consultancy agreement for the provision of professional services to EDF's NNB Generation Company Ltd (NNB GenCo). NNB GenCo is the prospective licensee for future nuclear plants to be owned and operated within the...
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Jacobs Appointed to Highways Agency Project Support Services Framework; Estimated Value $40M
Tuesday, July 12, 2011 - 6:46am | 62Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been appointed to the Highways Agency's Project Support Services Framework to provide integrated highway engineering, technology design services and traffic modelling services in support of the Highways Agency's four-year major...
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Jacobs Receives Contract from North West Redwater; Value Not Disclosed
Tuesday, July 12, 2011 - 6:45am | 54Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been awarded a contract by North West Redwater Partnership to provide detailed engineering, procurement and construction services for the development of a new oil refinery in Alberta, Canada. Officials did not disclose the...
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CB&I Awarded Contract for U.S. Gas Processing Plant for $300M
Tuesday, July 12, 2011 - 6:04am | 153CB&I (NYSE: CBI) announced that it has been awarded a contract, valued in excess of $300 million, for a new natural gas processing plant in the Northeastern U.S. CB&I's work scope includes the engineering, procurement and construction of a 200 million cubic foot per day natural gas...
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Texas Eyes Renewable Energy Zone
Monday, July 11, 2011 - 4:51pm | 247A joint venture between American Electric Power Company (NYSE: AEP) and MidAmerican Energy has recently begun construction on a major renewable zone with in Texas. The partnership, called Electric Transmission Texas, plans to invest $1.4 billion in the Competitive Renewable Energy Zone (CREZ)...
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Puts Purchased on Quanta Services
Monday, July 11, 2011 - 10:52am | 113Shares of Quanta Services (NYSE: PWR) are lower on the session by 2.93%, currently trading at $19.90. The stock has been moving largely lower over the past four months and is currently trading below the 200-day moving average. Options traders are buying puts on the name today. A short while ago...
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Hottest and Coldest Sectors for Friday 7/8/11
Friday, July 8, 2011 - 4:24pm | 1918The S&P 500 lost 9.4 points, or 0.7%, in Friday's trading session, as a weaker-than-expected jobs report put an end to the recent market rally. The SPX is now 26.78 points lower than its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Friday's session is as follows...
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Hottest and Coldest Sectors for Thursday 7/7/2011
Thursday, July 7, 2011 - 6:35pm | 1705The S&P 500 (SPX) gained 14 points, or 1%, in today's session to close at 1353.22. The index is nearing its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Thursday's session is as follows: The S&P 500 was led by the Basic Materials Sector in Thursday's session...
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Under The Hood: A Constructive Construction Play?
Thursday, July 7, 2011 - 2:00pm | 457As has been said so many times in the past, the exchange traded products universe has grown so rapidly that there are bound to be a few ETFs and ETNs that fly under the radar. That's the lay of the land and that's the point of “Under The Hood”: To unearth some hidden ETF gems that aren't getting a...
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Puts Purchased on Jacobs Engineering Group
Thursday, July 7, 2011 - 12:39pm | 113Shares of Jacobs Engineering Group (NYSE: JEC) are higher on the session by 1.53%, currently trading at $43.78. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short...
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KBR Subsidiary Selected by Seminole Electric Cooperative for First U.S. Installation of Dry Bottom Ash Systems
Thursday, July 7, 2011 - 9:25am | 70KBR (NYSE: KBR) today announced that its subsidiary Roberts & Schaefer has been selected by Seminole Electric Cooperative, Inc. to provide engineering, procurement and construction services for the Bottom Ash and Economizer Ash Handling System Replacement project in Palatka, Fla. R&S will...
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Primoris Services Corporation Announces New Pipeline Contracts Valued at Approximately $50 Million
Thursday, July 7, 2011 - 8:27am | 62Primoris Services Corporation (NASDAQ: PRIM) today announced that the business units associated with its wholly-owned subsidiary, Rockford Corporation, have been awarded new unit price contracts with an expected total value of approximately $50 million for the construction of pipelines in...
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Foster Wheeler Awarded Contract by YPF S.A.
Thursday, July 7, 2011 - 7:17am | 53Foster Wheeler AG (NASDAQ: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by YPF S.A. for the delayed coker heater for the new delayed coking unit at YPF's Complejo Industrial La Plata in Argentina.