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From the Blogosphere
Jacobs Grabs Another Contract – Analyst Blog
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Jacobs Engineering Group Inc. (JEC) received a contract from a major oil and gas company for engineering of its thermal facility located near Lac la Biche, Alberta, Canada. However, the contract value is not disclosed.
Jacobs will perform EDS and detailed engineering and procurement services for the 40,000 barrel-per-day in-situ oil sands central processing facility. Engineering activities will begin in December 2009 with 40% or more of the engineering executed from Jacobs' Mumbai, India, office.
This project is expected to strengthen the company’s position as a leader in the in-situ indu< />< /><><><><>< />< />< />< />< /><>< /><>< /><>< /><>< /><><>< /><>< /><>< />< />...
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Infrastructure Stocks About to Rise?
<>Mad Money’s Jim Cramer discussed two high-quality infrastructure stocks: Fluor (FLR) and Jacobs Engineering (JEC). He analyzed them from both the technical and fundamental perspective on the segment called “Off the Charts.” Both stocks have greatly underperformed the market benchmarks in the last quarter, with both of them falling nearly 20% over the past 13 weeks. Furthermore, both stocks have fallen over the last twelve months as well compared to the nearly 30% gains in the S&P 500. These two stocks were supposed to be major beneficiaries of the Obama Administrations’ infrastructure<>< /><><><>...
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Jacobs Wins Contract in Canada – Analyst Blog
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Jacobs Engineering Group Inc. (JEC) has received a contract from Suncor Energy to provide project management, engineering and procurement services to complete the scoping study and Design Basis Memorandum (DBM) for tailings and water transfer projects. These projects are a portion of the Tailings Reduction Operations (TRO) implementation at Suncor's oil sands mining, extraction and upgrading facility located 30 kilometers north of Fort McMurray, Alberta, Canada. Officials have not disclosed the contract value.
TRO is Suncor's new initiative to implement a Mature Fine Tailings (MFT) drying ...
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Cramer on BloggingStocks: China's industrial focus helps lots of U.S. names
Filed under: China, Market matters, Caterpillar (CAT), Schlumberger Limited (SLB), Bank of America (BAC), U.S. Steel (X), Nucor Corp (NUE), Toll Brothers (TOL), BHP Billiton Ltd ADR (BHP), Freep't McMoRan Copper (FCX), Wells Fargo (WFC), Stocks to Buy, Burlington Northern Santa Fe (BNI), Cramer on BloggingStocks TheStreet.com's Jim Cramer says at least one country is getting it right when it comes to economic stimulus.
How in the heck can you get 16% industrial growth and lowe...
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Fluor Matches Estimates – Analyst Blog
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Fluor Corporation (FLR) reported third quarter earnings per share of 89 cents, matching the Zacks Consensus Estimate. Revenue declined by 4% to $5.4 billion, which compares with $5.7 billion in the third quarter of 2008. This change was driven primarily by decreases in the Oil & Gas and Power segments. Revenue in both Industrial & Infrastructure and Government segments was up from last year.
While three of the five business segments reported earnings growth over 2008, the Oil & Gas segment profit declined by 8% and the Global Services segment profit was impacted by a $45 million provision ...
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I am amazed at the level of bailouts/workouts/handouts/ that we are seeing. I was most amazed this morning when the ...
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