Construction & Engineering

Stifel Nicolaus is out with its report today on Insituform Technologies (NASDAQ: INSU), raising its PT from $29.50 to $30. In a note to clients, Stifel Nicolaus writes, "We reiterate our Buy rating on INSU shares. We are raising our price target to $30.00 from $29.50, based on 13x our 2012 EPS...

Insituform Technologies (Nasdaq: INSU) today announced that in addition to the recent organic growth initiatives of its Energy and Mining group in the Middle East, it has closed on the acquisition of CRTS, Inc., an Oklahoma company, and executed definitive agreements to acquire Hockway Limited and...

Foster Wheeler AG (Nasdaq: FWLT) announced today that Foster Wheeler SOFCON, an unincorporated consortium between a subsidiary of Foster Wheeler's Engineering and Construction Group and A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering, has been awarded a contract by Saudi Arabian...

Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a process design and front-end engineering design services contract by PDVSA for the new Batalla Santa Ines Refinery Phase I Hydroskimming section to be built in...

Fluor Corporation (NYSE: FLR) announced today that it has been awarded a contract by Klaipedos Nafta AB, Lithuania's state-owned oil company, to provide engineering and business support services for a new floating liquefied natural gas import terminal in Klaipeda, Lithuania. Fluor booked the...

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been awarded a five-year framework contract from EDF Energy to support its Cottam and West Burton power stations near Nottingham, United Kingdom. Officials did not disclose the contract value.

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from the Intelligence Advanced Research Projects Activity to provide services under its Aggregate Contingent Estimation program for combining event forecasts from multiple experts to improve forecast accuracy....

Pre-open movers US stock futures are higher this morning, as investors are awaiting factory-orders data. Futures on the Dow Jones Industrial Average surged 22 points to 12,536.00 and futures on the S&P 500 stock index rose 0.30 point to 1,335.10. Nasdaq 100 futures gained 8.00 points to 2,363....

AECOM Technology Corporation (NYSE: ACM) announced today that it has won two concurrent contracts with an aggregate value of up to US$72 million over three years, if all options are exercised. Under these contracts — part of the U.S. General Services Administration's Logistics Worldwide Schedule...

Below are the top small-cap general contractors stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at EMCOR Group Inc (NYSE: EME) is $5.22 billion. EME's operating margin for the same period is 4.27%. The trailing-twelve-month revenue at Comfort Systems USA...

KBR (NYSE: KBR) today announced that it has been awarded by the U.S. Army Corps of Engineers Middle East District the U.S. Central Command's Multiple Award Task Order Contract. This new MATOC program has an overall value of $3.8 billion, with a period of performance currently at two base years,...

Morgan Stanley has an Overweight rating and a $55 price target on shares of URS Corporation (NYSE: URS). In a note to clients, Morgan Stanley writes, "URS has consistently grown earnings each of the past five years and has produced more free cash flow than any other E&C. Despite this...

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 July 20, 2011. The tender offer was previously set to expire...

EMCOR Group, Inc. (NYSE: EME) announced that, its Dynalectric Los Angeles subsidiary has been awarded contracts by the City of Los Angeles, California, to upgrade and modify the existing traffic signal equipment in the Wilmington and Canoga Park districts of Los Angeles, as part of the City's new...

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that a joint venture of Jacobs, AMEC and Costain, is one of six organisations awarded a framework contract by Magnox Limited to provide waste retrieval, processing and filling services at eight of their nuclear power station sites across the...