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	<title>Stock Blog Hub &#187; Heavy Construction</title>
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		<title>(FWLT) Foster Wheeler AG Expands Gas Storage</title>
		<link>http://www.stockbloghub.com/2011/11/30/fwlt-foster-wheeler-ag-expands-gas-storage/87685</link>
		<comments>http://www.stockbloghub.com/2011/11/30/fwlt-foster-wheeler-ag-expands-gas-storage/87685#comments</comments>
		<pubDate>Wed, 30 Nov 2011 20:02:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Foster Wheeler AG]]></category>
		<category><![CDATA[FWLT]]></category>
		<category><![CDATA[Jacobs Engineering Group Inc.]]></category>
		<category><![CDATA[JEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87685</guid>
		<description><![CDATA[Foster Wheeler Upstream, a division of Foster Wheeler AG’s (FWLT) Global Engineering and Construction Group, will be providing its project management support to the 35 billion-cubic-foot Ryckman Creek natural gas capacity storage facility. The contract has been received from Ryckman Creek Resources, LLC, a subsidiary of Peregrine Midstream Partners, LLC. The natural gas markets at the Opal Hub in Wyoming will be served by the new gas storage facility. The third-quarter 2011 bookings of Foster Wheeler will incorporate the contract value. Foster Wheeler will help Ryckman Creek Resources to start the project successfully. The work on the project will be carried on by Foster Wheeler Upstream through the third quarter of 2012. Foster Wheeler has been working on gas storage projects in Matagorda County, Texas, Evangeline Parish, Louisiana and in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/30/fwlt-foster-wheeler-ag-expands-gas-storage/87685/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MDR) McDermott International &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/09/12/mdr-mcdermott-international-bear-of-the-day-4/82962</link>
		<comments>http://www.stockbloghub.com/2011/09/12/mdr-mcdermott-international-bear-of-the-day-4/82962#comments</comments>
		<pubDate>Mon, 12 Sep 2011 17:20:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82962</guid>
		<description><![CDATA[Following a second quarter earnings miss, we are downgrading McDermott International (MDR) shares to Underperform from Neutral. The company recently reported lower-than-expected EPS for the June quarter, adversely affected by a less favorable geographic mix and weak margins in the Middle East. Near-term bookings remain lumpy at McDermott, as the current uncertain environment has hurt the economics of building new oil and gas infrastructure. Additionally, the transfer of the power generation and government operations has left McDermott with a less diversified business, thereby heightening its risk profile. These factors are reflected in our downgrade of the company&#8217;s shares. Our $12 price objective reflects a 2011 P/E multiple of 10.1x. MCDERMOTT INTL (MDR): Free Stock Analysis Report Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/12/mdr-mcdermott-international-bear-of-the-day-4/82962/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MDR) McDermott International Secures SURF Deal</title>
		<link>http://www.stockbloghub.com/2011/07/11/mdr-mcdermott-international-secures-surf-deal/78613</link>
		<comments>http://www.stockbloghub.com/2011/07/11/mdr-mcdermott-international-secures-surf-deal/78613#comments</comments>
		<pubDate>Mon, 11 Jul 2011 15:48:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[APA]]></category>
		<category><![CDATA[Apache Corporation]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78613</guid>
		<description><![CDATA[The Australian unit of McDermott International Inc. (MDR) has won a deepwater offshore contract for the Macedon Gas Project in Western Australia. Per the terms of the deal, the company would be involved in engineering and construction of the project along with structural transportation and installation of subsea infrastructure. This happens to be McDermott’s first SURF (Subsea, Umbilicals, Risers and Flowlines) venture in Australia. The scope of the deal includes thorough engineering, procurement, fabrication, transportation and installation of a 47.7-mile long and 20-inch diameter pipeline. The company will also set up subsea umbilicals and flexible flowlines using vessels from its fleet operating in water depths up to 590.5 feet. Located in the Pilbara region, the $1.5 billion Macedon Gas Project is operated by BHP Billiton (BHP) with a 71.43% interest, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/11/mdr-mcdermott-international-secures-surf-deal/78613/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FWLT) Foster Wheeler AG Wins Contract in Argentina</title>
		<link>http://www.stockbloghub.com/2011/07/08/fwlt-foster-wheeler-ag-wins-contract-in-argentina/78654</link>
		<comments>http://www.stockbloghub.com/2011/07/08/fwlt-foster-wheeler-ag-wins-contract-in-argentina/78654#comments</comments>
		<pubDate>Fri, 08 Jul 2011 20:51:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Foster Wheeler AG]]></category>
		<category><![CDATA[FWLT]]></category>
		<category><![CDATA[Jacobs Engineering Group Inc.]]></category>
		<category><![CDATA[JEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78654</guid>
		<description><![CDATA[A subsidiary of Foster Wheeler AG’s (FWLT) Global Engineering and Construction Group received a contract in Argentina for delayed coker heater from YPF S.A. The company will be providing engineering, equipment supply and supervision to construction and start-up services for the delayed coker heater for the new delayed coking unit at YPF’s Complejo Industrial La Plata in Argentina. The terms of the deal are not yet disclosed. The company&#8217;s fourth-quarter 2010 bookings included the value of the contract. The new coker will have a fired heater, which will be built on Foster Wheeler’s leading Selective Yield Delayed Coking (SYDECSM) technology. The delayed coker heater for the new delayed coking unit is expected to be completed by June 2012. YPF’s refinery has been using Foster Wheeler’s coking solution for the past ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/08/fwlt-foster-wheeler-ag-wins-contract-in-argentina/78654/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FWLT) Foster Wheeler AG to Upgrade Saudi Refinery</title>
		<link>http://www.stockbloghub.com/2011/07/06/fwlt-foster-wheeler-ag-to-upgrade-saudi-refinery/78426</link>
		<comments>http://www.stockbloghub.com/2011/07/06/fwlt-foster-wheeler-ag-to-upgrade-saudi-refinery/78426#comments</comments>
		<pubDate>Wed, 06 Jul 2011 15:24:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[AgFeed Industries Inc]]></category>
		<category><![CDATA[FEED]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Foster Wheeler AG]]></category>
		<category><![CDATA[FWLT]]></category>
		<category><![CDATA[Jacobs Engineering Group Inc.]]></category>
		<category><![CDATA[JEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78426</guid>
		<description><![CDATA[Foster Wheeler SOFCON, an unincorporated consortium between a subsidiary of Foster Wheeler AG’s (FWLT) Engineering and Construction Group and A. Al-Saihati, A. Fattani &#38; O. Al-Othman Consulting Engineering Co., (SOFCON) received a front-end engineering design (FEED) contract from Saudi Arabian Oil Company (Saudi Aramco). The contract was for the Clean Transportation Fuels Project at the Riyadh Refinery, Kingdom of Saudi Arabia. Coupled with the front-end engineering design (FEED), Foster Wheeler SOFCON will also provide project management services for the Refinery. The contract value for Foster Wheeler was not disclosed but has been included by the company in first-quarter 2011 bookings. The main release of work is expected in the third quarter of 2011. The contract value for this project was not disclosed. The initial release of work was included in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/06/fwlt-foster-wheeler-ag-to-upgrade-saudi-refinery/78426/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FLR) Fluor Corporation Provides Australian EPCM Contract</title>
		<link>http://www.stockbloghub.com/2011/06/30/flr-fluor-corporation-provides-australian-epcm-contract/77973</link>
		<comments>http://www.stockbloghub.com/2011/06/30/flr-fluor-corporation-provides-australian-epcm-contract/77973#comments</comments>
		<pubDate>Thu, 30 Jun 2011 21:20:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[AgFeed Industries Inc]]></category>
		<category><![CDATA[FEED]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Jacobs Engineering Group Inc.]]></category>
		<category><![CDATA[JEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77973</guid>
		<description><![CDATA[Fluor Corporation (FLR) is all set to provide its engineering, procurement and construction management (EPCM) services for Woodside Energy Limited’s operating gas assets in Australia. In the final agreement, the initial contract term for Fluor is three years and has an option to be extended three times by one year. The value of the contact was not disclosed but included in the second quarter 2011 bookings of the company. As per the agreement, Fluor will be responsible for capital projects supporting Woodside’s Production Projects Group. All EPCM services required in the entire project life cycle will be performed by Fluor. The engineering services will be performed by the company in its office in Perth, Australia and implementation and construction work will be done at the respective Woodside asset. Fluor will ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/30/flr-fluor-corporation-provides-australian-epcm-contract/77973/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FWLT) Foster Wheeler Wins Contract</title>
		<link>http://www.stockbloghub.com/2011/06/29/fwlt-foster-wheeler-wins-contract/77658</link>
		<comments>http://www.stockbloghub.com/2011/06/29/fwlt-foster-wheeler-wins-contract/77658#comments</comments>
		<pubDate>Wed, 29 Jun 2011 17:00:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Foster Wheeler AG]]></category>
		<category><![CDATA[FWLT]]></category>
		<category><![CDATA[Jacobs Engineering Group Inc.]]></category>
		<category><![CDATA[JEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77658</guid>
		<description><![CDATA[Foster Wheeler AG’s (FWLT) subsidiary Global Engineering and Construction Group won a contract from Sasol to execute the technical part of a viability study for a planned gas-to-liquids facility in Canada. The study is being carried out by a partnership of Sasol and Talisman Energy. It is expected that the technical part of the study will be completed during the fourth quarter of 2011. At the facility, Sasol’s GTL technology will be used to convert Shale gas to GTL naphtha, diesel and liquefied petroleum gas. The value of the contract for Foster Wheeler is not yet disclosed and will be added to the company’s 2011 bookings. Apart from the technical work, Foster Wheeler will also estimate the cost of the feasibility study, which will help Sasol and Talisman Energy to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/fwlt-foster-wheeler-wins-contract/77658/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FLR) Fluor Earns Design Contract From Dow for Propane Project</title>
		<link>http://www.stockbloghub.com/2011/06/26/flr-fluor-earns-design-contract-from-dow-for-propane-project/77392</link>
		<comments>http://www.stockbloghub.com/2011/06/26/flr-fluor-earns-design-contract-from-dow-for-propane-project/77392#comments</comments>
		<pubDate>Sun, 26 Jun 2011 17:31:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Jacobs Engineering Group Inc.]]></category>
		<category><![CDATA[JEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77392</guid>
		<description><![CDATA[Fluor Corporation (FLR) received a basic engineering and design services contract from The Dow Chemical Company. The services are for Dow’s propane dehydrogenation (PDH) expansion project in Freeport, Texas. The value of the contract has not been disclosed but included in the second quarter of 2011 bookings. In Fluor’s office in Houston, Texas basic engineering for the projects will be implemented, which will be aided from Fluor’s office in Manila, Philippines. After the completion of the project, the facility will produce polymer-grade propylene. The focus on growth and expansion in the chemical industry in the United States has improved recently. With the current partnership, Fluor has become a part of an important expansion project. The company is witnessing signs of recovery in oil and gas markets and Global Services business. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/26/flr-fluor-earns-design-contract-from-dow-for-propane-project/77392/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FLR) Fluor Wins Dow Contract</title>
		<link>http://www.stockbloghub.com/2011/06/26/flr-fluor-wins-dow-contract/77475</link>
		<comments>http://www.stockbloghub.com/2011/06/26/flr-fluor-wins-dow-contract/77475#comments</comments>
		<pubDate>Sun, 26 Jun 2011 16:44:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[DOW]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Jacobs Engineering Group Inc.]]></category>
		<category><![CDATA[JEC]]></category>
		<category><![CDATA[The Dow Chemical Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77475</guid>
		<description><![CDATA[Fluor Corporation (FLR) has won a contract from The Dow Chemical Company (DOW) for providing basic engineering and design services on its propane dehydrogenation (‘PDH’) expansion project in Freeport, Texas. The contract value is yet to be disclosed and is expected to be made in the second quarter of 2011. Dow Chemicals is engaged in specialty chemicals delivering products and solutions to sectors such as electronics, water, energy, and coatings. It has selected Fluor as a partner for this important expansion project in Texas. The basic engineering has been planned to be executed in Fluor’s Houston, Texas office with support from Manila office, Philippines. Upon completion, the facility will produce polymer-grade propylene. With this contract on board, both the companies look forward to leverage on the United States’ renewed focus ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/26/flr-fluor-wins-dow-contract/77475/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(FWLT) Foster Wheeler AG First Quarter 2011 Earnings Underperforms</title>
		<link>http://www.stockbloghub.com/2011/05/04/fwlt-foster-wheeler-ag-first-quarter-2011-earnings-underperforms/73267</link>
		<comments>http://www.stockbloghub.com/2011/05/04/fwlt-foster-wheeler-ag-first-quarter-2011-earnings-underperforms/73267#comments</comments>
		<pubDate>Wed, 04 May 2011 17:11:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Foster Wheeler AG]]></category>
		<category><![CDATA[FWLT]]></category>
		<category><![CDATA[Jacobs Engineering Group Inc.]]></category>
		<category><![CDATA[JEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73267</guid>
		<description><![CDATA[Foster Wheeler AG (FWLT) reported first-quarter 2011 earnings per share from continuing operations of 18 cents compared with 56 cents in the prior-year quarter. The company underperformed the Zacks Consensus Estimate of 42 cents. Excluding asbestos related provision of 1 cent, earnings per share in the quarter came in at 19 cents compared with 56 cents (no asbestos related provision). Net income in the quarter declined due to lower realized EBITDA margins in Global Engineering and Construction (E&#38;C) Group as well as Global Power Group (GPG), lower volumes in Global E&#38;C Group and fewer opportunities to increase profit in both groups. Total Revenue Consolidated operating revenue in the quarter was $1.04 billion compared with $945.6 million in the prior-year period. Segment Result Global Engineering and Construction (E&#38;C) Group operating revenue ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/04/fwlt-foster-wheeler-ag-first-quarter-2011-earnings-underperforms/73267/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(FWLT) Foster Wheeler AG Earnings Report Misses The Street</title>
		<link>http://www.stockbloghub.com/2010/11/17/fwlt-foster-wheeler-ag-earnings-report-misses-the-street/58451</link>
		<comments>http://www.stockbloghub.com/2010/11/17/fwlt-foster-wheeler-ag-earnings-report-misses-the-street/58451#comments</comments>
		<pubDate>Thu, 18 Nov 2010 04:42:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Foster Wheeler AG]]></category>
		<category><![CDATA[FWLT]]></category>
		<category><![CDATA[Jacobs Engineering Group]]></category>
		<category><![CDATA[JEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=58451</guid>
		<description><![CDATA[Foster Wheeler AG (FWLT) reported third-quarter earnings from continuing operations of 40 cents, below the Zacks Consensus Estimate of 51 cents. Earnings declined sharply from continuing operations of 71 cents in the prior-year quarter. It is primarily due to market-related declines from the volume of work executed in both business groups, coupled with lower realized EBITDA margin in Engineering and Construction Group. Consolidated revenue was $904.7 million compared with $1,216 million in the prior-year quarter. EBITDA/scope margin in Engineering and Construction was 17.4% for the quarter. This compares to 22% for the average quarter of 2009. For the first nine months of 2010, margin in the group was 20.1%. EBITDA  in the Global Power Group was equal to $40.4 million, which is below the average quarter of 2009, primarily due ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/17/fwlt-foster-wheeler-ag-earnings-report-misses-the-street/58451/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(FWLT) Foster Wheeler AG Announces Contract for Gulf of Venezuela</title>
		<link>http://www.stockbloghub.com/2010/10/17/fwlt-foster-wheeler-ag-announces-contract-for-gulf-of-venezuela/55131</link>
		<comments>http://www.stockbloghub.com/2010/10/17/fwlt-foster-wheeler-ag-announces-contract-for-gulf-of-venezuela/55131#comments</comments>
		<pubDate>Sun, 17 Oct 2010 20:10:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[AgFeed Industries Inc]]></category>
		<category><![CDATA[FEED]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Foster Wheeler AG]]></category>
		<category><![CDATA[FWLT]]></category>
		<category><![CDATA[Jacobs Engineering Group]]></category>
		<category><![CDATA[JEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=55131</guid>
		<description><![CDATA[Foster Wheeler AG (FWLT), through its Global Engineering and Construction Group, has received a pre-front-end engineering design (pre-FEED) and front-end engineering design (FEED) contract from a joint venture company of Eni Venezuela B.V and Repsol YPF Venezuela Gas, S.A. The contract is for the development of new production facilities at the Perla field, situated in the Gulf of Venezuela, Caribbean Sea. Eni Venezuela B.V and Repsol YPF Venezuela Gas, S.A. are working together to develop non-associated natural gas exploration and exploitation activities in Cardon IV area, in the Bolivarian Republic of Venezuela. The new facilities at the Perla field is designed to have offshore structures, trees, controls, offshore processing, subsea flowlines and export pipelines. The facilities will also include a linking system between the wellheads and onshore gas plants, together ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(MDR) McDermott International Earns New Contract From Vetco Gray Australia</title>
		<link>http://www.stockbloghub.com/2010/10/12/mdr-mcdermott-international-earns-new-contract-from-vetco-gray-australia/54915</link>
		<comments>http://www.stockbloghub.com/2010/10/12/mdr-mcdermott-international-earns-new-contract-from-vetco-gray-australia/54915#comments</comments>
		<pubDate>Tue, 12 Oct 2010 22:46:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54915</guid>
		<description><![CDATA[Energy-focused engineering and construction firm McDermott International (MDR) announced that one of its units has received a subsea infrastructure contract from Vetco Gray Australia Pty Ltd. The transaction, valued in excess of $50 million, will be included in McDermott&#8217;s fourth-quarter 2010 bookings. The project calls for McDermott to make 12,000 tons of subsea structures and spools for Chevron Corp’s (CVX) Gorgon liquefied natural gas (“LNG”) venture in Australia. Chevron Australia holds approximately 47% operated interest in the A$43 billion ($37 billion) Gorgon development. The other partners are ExxonMobil Corp. (XOM) and Royal Dutch Shell PLC (RDSA). The Gorgon gas fields, off the coast of Western Australia, are estimated to contain 40 trillion cubic feet of gas deposits with an expected economic life of at least 40 years from the time ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/12/mdr-mcdermott-international-earns-new-contract-from-vetco-gray-australia/54915/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(MDR) McDermott International &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/09/21/mdr-mcdermott-international-bear-of-the-day-2/52367</link>
		<comments>http://www.stockbloghub.com/2010/09/21/mdr-mcdermott-international-bear-of-the-day-2/52367#comments</comments>
		<pubDate>Tue, 21 Sep 2010 15:50:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=52367</guid>
		<description><![CDATA[We are downgrading McDermott International (MDR) shares to Underperform from Neutral due to the tentative commodity price scenario and the company&#8217;s clouded post-split outlook. Near-term bookings remain lumpy at McDermott, as the current uncertain environment has adversely affected the economics of building new oil and gas infrastructure. Additionally, the transfer of the power generation and government operations has left McDermott with a less diversified business, thereby heightening its risk profile. These factors are reflected in our downgrade of the company&#8217;s shares to Underperform from Neutral. Our $12 price objective reflects 2010 P/E multiple of 10.4x. MCDERMOTT INTL (MDR): Free Stock Analysis Report Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/21/mdr-mcdermott-international-bear-of-the-day-2/52367/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MDR) McDermott International &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/09/15/mdr-mcdermott-international-bear-of-the-day/51552</link>
		<comments>http://www.stockbloghub.com/2010/09/15/mdr-mcdermott-international-bear-of-the-day/51552#comments</comments>
		<pubDate>Wed, 15 Sep 2010 15:07:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=51552</guid>
		<description><![CDATA[We are downgrading McDermott International (MDR) shares to Underperform from Neutral due to the tentative commodity price scenario and the company&#8217;s clouded post-split outlook. Near-term bookings remain lumpy at McDermott, as the current uncertain environment has adversely affected the economics of building new oil and gas infrastructure. Additionally, the transfer of the power generation and government operations has left McDermott with a less diversified business, thereby heightening its risk profile. Partially offsetting these negatives are the company&#8217;s solid margins, clean execution skills and expectations of accelerated activity levels later this year. Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/15/mdr-mcdermott-international-bear-of-the-day/51552/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FLR) The Global Infrastructure Boom</title>
		<link>http://www.stockbloghub.com/2010/08/01/flr-the-global-infrastructure-boom/43586</link>
		<comments>http://www.stockbloghub.com/2010/08/01/flr-the-global-infrastructure-boom/43586#comments</comments>
		<pubDate>Mon, 02 Aug 2010 00:10:45 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLM]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Jacobs Engineering Group]]></category>
		<category><![CDATA[JEC]]></category>
		<category><![CDATA[PowerShares Emerg Mks Infrastructure]]></category>
		<category><![CDATA[PXR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=43586</guid>
		<description><![CDATA[by Tony Daltorio, Investment U Research Thursday, July 15, 2010 This world is in desperate need of infrastructure. The Cohen &#38; Steers 2009 Global Infrastructure Report shows that clearly enough. Over the next 25 years, the world should spend $40 trillion on such projects. That includes power, sewage, roads and telecommunications… exactly what makes the world economy turn. The Report detailed what, where and how much, for example: Water: $22.61 trillion Incorporatedluding over $9 trillion in Asia and nearly $5 trillion in Latin America Electricity: $9 trillion Incorporatedluding $4.23 trillion in Asia and $1.53 trillion in North America Road and Rail: $7.8 trillion Incorporatedluding $3.12 trillion in Europe and $2.11 trillion in Asia. Airports and Seaports: $1.59 trillion Incorporatedluding about $0.5 trillion in Asia. China and India alone need to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/01/flr-the-global-infrastructure-boom/43586/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>(FLR) Fluor Wins $1.3 Billion Mining Contract</title>
		<link>http://www.stockbloghub.com/2010/07/01/flr-fluor-wins-1-3-billion-mining-contract/42065</link>
		<comments>http://www.stockbloghub.com/2010/07/01/flr-fluor-wins-1-3-billion-mining-contract/42065#comments</comments>
		<pubDate>Fri, 02 Jul 2010 00:40:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=42065</guid>
		<description><![CDATA[Fluor Corp. (FLR) has bagged a $1.3 billion mining contract awarded by Minera Lumina Copper in Chile. Minera Lumina Copper Chile is owned by Pan Pacific Copper Co., Ltd. and Mitsui Co., Ltd. The work involves engineering design, manufacturing and commissioning of a copper mine at 13,000 feet above the mean sea level. The mine will have an annual capacity of 3.6 million tons of fine copper and 87 kilotons of molybdenum. The controlling office for the project will be located at Santiago, Chile. The total employment potential during the construction phase is 5000. The project is expected to be completed in the third quarter of 2013. Fluor stands out as one of the few engineering and construction companies having the technological expertise, logistics, procurement capabilities and project management experience ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/01/flr-fluor-wins-1-3-billion-mining-contract/42065/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MDR) McDermott International Beats Expectations but Sales Slump</title>
		<link>http://www.stockbloghub.com/2010/05/18/mdr-mcdermott-international-beats-expectations-but-sales-slump/37523</link>
		<comments>http://www.stockbloghub.com/2010/05/18/mdr-mcdermott-international-beats-expectations-but-sales-slump/37523#comments</comments>
		<pubDate>Tue, 18 May 2010 15:41:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37523</guid>
		<description><![CDATA[Energy-focused engineering and construction company McDermott International (MDR) reported better-than-expected first-quarter earnings, driven by robust performance from the Offshore Oil and Gas Construction segment. Earnings per share, excluding costs related to a planned spin-off, came in at 38 cents, 2 cents above the Zacks Consensus Estimate and 5 cents above the prior-year period. However, revenue of $1.2 billion was down 20.9% from the first quarter 2009 level, reflecting lower sales in all the company’s segments. Segment Performance McDermott’s segment results are as follows: Offshore Oil and Gas Construction: Segment revenues were down 26.7% to $519.5 million as higher sales in the Asia Pacific were more than offset by reduced levels in other areas. Income for the quarter came in at $82.8 million, compared with $45.0 million during the first quarter ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/18/mdr-mcdermott-international-beats-expectations-but-sales-slump/37523/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MDR) McDermott International Unit Earns More Vietnam Work</title>
		<link>http://www.stockbloghub.com/2010/04/08/mdr-mcdermott-international-unit-earns-more-vietnam-work/33201</link>
		<comments>http://www.stockbloghub.com/2010/04/08/mdr-mcdermott-international-unit-earns-more-vietnam-work/33201#comments</comments>
		<pubDate>Thu, 08 Apr 2010 21:27:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33201</guid>
		<description><![CDATA[J. Ray McDermott S.A. – a subsidiary of energy-focused engineering and construction firm McDermott International Inc. (MDR) – announced the receipt of a transportation and installation contract from Vietnam-based PTSC Mechanical &#38; Construction Company Ltd. The financial terms of the transaction were not disclosed. The contract calls for J. Ray to transport and install two wellhead platform jackets, topsides (including two drill decks, a main deck and helideck/electrical house), infield pipelines (including tie-spools and a pin-piled pipeline end manifold), and a subsea isolation valve. The company is due to commence work in the third quarter of 2010. J. Ray sees the PTSC award as a major push behind its strategy of tapping the Asia-Pacific market. To be carried out in the Te Giac Trang oilfield offshore Vietnam, it is the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/08/mdr-mcdermott-international-unit-earns-more-vietnam-work/33201/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(MDR) McDermott International Unit Wins Saudi Aramco Deal</title>
		<link>http://www.stockbloghub.com/2010/03/29/mdr-mcdermott-international-unit-wins-saudi-aramco-deal/31765</link>
		<comments>http://www.stockbloghub.com/2010/03/29/mdr-mcdermott-international-unit-wins-saudi-aramco-deal/31765#comments</comments>
		<pubDate>Mon, 29 Mar 2010 21:07:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31765</guid>
		<description><![CDATA[J. Ray McDermott S.A. – a subsidiary of energy-focused engineering and construction firm McDermott International Inc. (MDR) – announced the receipt of an infrastructure upgrade and electrification contract from Saudi Aramco, the state-owned national oil company of Saudi Arabia. The financial terms of the transaction were not disclosed. The project, encompassing the upgrade of crude gathering and power supply facilities in Saudi Aramco&#8217;s Safaniya field, will help sustain crude oil production to meet Saudi Aramco&#8217;s maximum sustainable capacity targets for the field by 2013. As per the agreement terms, J. Ray will be responsible for engineering, procurement, construction, and installation (or EPCI) of a new tie-in platform (STP-20) with a 6,000-ton topside, a new electrical deck module for an existing platform (STP-18), a 53-kilometer, 42-inch trunk line, 4 new in-field ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/29/mdr-mcdermott-international-unit-wins-saudi-aramco-deal/31765/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(LAYN) Layne Christensen &#8211; A Waiting Game?</title>
		<link>http://www.stockbloghub.com/2010/03/29/layn-layne-christensen-a-waiting-game/32102</link>
		<comments>http://www.stockbloghub.com/2010/03/29/layn-layne-christensen-a-waiting-game/32102#comments</comments>
		<pubDate>Mon, 29 Mar 2010 16:57:43 +0000</pubDate>
		<dc:creator>Wax</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[LAYN]]></category>
		<category><![CDATA[Layne Christensen Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32102</guid>
		<description><![CDATA[We noticed yesterday that Layne Christensen Company, Inc. (Nasdaq: LAYN) had scheduled their fiscal 2010 earnings call for March 30, 2010. While we hate to admit it, this is a great example of just what can happen when investors fail to believe their own research. Several years ago, we were asked if we knew of a company that actually owned water rights. Admittedly we had never heard of such a thing, but were intrigued with the idea. In the end, we never found a company that actually owned water rights, but we did come across Layne Chistensen. Curious, we ran some numbers, read a few SEC filings, and decided we would wait, since the stock seemed just a bit to expensive. We actually waited right through the recent market bottom ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/29/layn-layne-christensen-a-waiting-game/32102/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(MDR) McDermott International Unit Wins Vietnam Subsea Infrastructure Contract</title>
		<link>http://www.stockbloghub.com/2010/03/18/mdr-mcdermott-international-unit-wins-vietnam-subsea-infrastructure-contract/31099</link>
		<comments>http://www.stockbloghub.com/2010/03/18/mdr-mcdermott-international-unit-wins-vietnam-subsea-infrastructure-contract/31099#comments</comments>
		<pubDate>Thu, 18 Mar 2010 19:15:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31099</guid>
		<description><![CDATA[J. Ray McDermott S.A. – a subsidiary of energy-focused engineering and construction firm McDermott International Inc. (MDR) – announced the receipt of a subsea infrastructure contract from Vietnam-based PetroVietnam Technical Services Corp. The financial terms of the transaction were not disclosed. The contract, encompassing engineering, procurement, construction and installation of new production and export lines, umbilical and subsea cable, calls for J. Ray to tie-in, test and pre-commission two 2.2 kilometers flexible flowlines, replace two 2.3 kilometers export flowlines and umbilical, install a subsea cable and 4.8 kilometers of insulated flexible flowlines. J. Ray is due to commence engineering and procurement work immediately, while offshore installation is likely to begin during the third quarter of 2011. J. Ray sees the PetroVietnam award as a major push to its strategy of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/18/mdr-mcdermott-international-unit-wins-vietnam-subsea-infrastructure-contract/31099/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(MDR) McDermott International Subsidiary to Buy General Electric Unit</title>
		<link>http://www.stockbloghub.com/2010/03/18/mdr-mcdermott-international-subsidiary-to-buy-general-electric-unit/30878</link>
		<comments>http://www.stockbloghub.com/2010/03/18/mdr-mcdermott-international-subsidiary-to-buy-general-electric-unit/30878#comments</comments>
		<pubDate>Thu, 18 Mar 2010 19:03:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30878</guid>
		<description><![CDATA[Babcock &#38; Wilcox Power Generation Group – a subsidiary of energy-focused engineering and construction firm McDermott International Inc. (MDR) – announced the purchase of an air and emissions unit from GE Energy, a division of General Electric Co. (GE). No details were available on the financial terms of the transaction, which is expected to close following the satisfaction of customary closing conditions. The GE Energy segment employs around 220 people in various locations in the U.S. and worldwide, who are scheduled to become part of Babcock &#38; Wilcox in the coming months. The acquisition include GE Energy’s electrostatic precipitator and emissions monitoring business units, consisting of its electrostatic precipitator replacement parts and mechanical components product lines, electrostatic precipitator performance-enhancing hardware and controls, continuous emissions monitoring systems, data acquisition and handling ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/18/mdr-mcdermott-international-subsidiary-to-buy-general-electric-unit/30878/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MDR) McDermott International Beats Expectations &#8211; Profit Soars</title>
		<link>http://www.stockbloghub.com/2010/03/04/mdr-mcdermott-international-beats-expectations-profit-soars/29683</link>
		<comments>http://www.stockbloghub.com/2010/03/04/mdr-mcdermott-international-beats-expectations-profit-soars/29683#comments</comments>
		<pubDate>Thu, 04 Mar 2010 16:58:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29683</guid>
		<description><![CDATA[Energy-focused engineering and construction company McDermott International (MDR) reported better-than-expected fourth-quarter earnings, driven by robust performance from the Offshore Oil and Gas Construction segment. Earnings per share came in at 42 cents, 2 cents above the Zacks Consensus Estimate and 23 cents above the prior-year period. This was the company’s fourth consecutive positive earnings surprise. McDermott has performed well during this period, with its average earnings surprise being 11.1%. This implies that the company has exceeded the Zacks Consensus Estimate by 11.1% over the last four quarters. However, revenue of $1.5 billion was down 12.3% from the fourth quarter 2008 level. This was mainly on account of weak performance of the company’s Power Generation Systems segment. Segment Performance McDermott’s segment results are as follows: Offshore Oil and Gas Construction: Segment ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/04/mdr-mcdermott-international-beats-expectations-profit-soars/29683/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(INSU) Insituform Technologies &#8211; Earnings Estimates Pop</title>
		<link>http://www.stockbloghub.com/2010/03/04/insu-insituform-technologies-earnings-estimates-pop/29697</link>
		<comments>http://www.stockbloghub.com/2010/03/04/insu-insituform-technologies-earnings-estimates-pop/29697#comments</comments>
		<pubDate>Thu, 04 Mar 2010 16:54:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Insituform Technologies Inc.]]></category>
		<category><![CDATA[INSU]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29697</guid>
		<description><![CDATA[Insituform Technologies, Inc. (INSU) just topped forecasts which sent share price soaring. Analysts continue to revise estimates, giving the company excellent growth projections. Company Description Insituform provides infrastructure services for the water, wastewater, and energy and mining industries. The company primarily works on environmentally-friendly protection and rehab solutions for existing pipelines. Beat the Street On Feb 25 Insituform reported fourth-quarter results that showed earnings per shares of 41 cents, 4 cents ahead of the Zacks Consensus Estimates. Operating income came in at $15.8 million, up 53% since the same period last year. Insituform&#8217;s backlog is $463 million, which is just under its record high. Bullish Outlook While the fourth quarter was the strongest in company history, the company sees even better things to come in 2010. Management is looking for ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/04/insu-insituform-technologies-earnings-estimates-pop/29697/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(FLR) Fluor Corporation Wins Mining Order</title>
		<link>http://www.stockbloghub.com/2010/03/01/flr-fluor-corporation-wins-mining-order/29399</link>
		<comments>http://www.stockbloghub.com/2010/03/01/flr-fluor-corporation-wins-mining-order/29399#comments</comments>
		<pubDate>Mon, 01 Mar 2010 22:37:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29399</guid>
		<description><![CDATA[Fluor Corporation (FLR) announced that its joint venture with Sinclair Knight Merz was awarded a contract by BHP Billiton to execute the next phase of its Rapid Growth Program. The focus of the project will be the continued expansion of BHP Billiton&#8217;s iron ore operations in the Pilbara Region of Western Australia. Fluor booked approximately $500 million in the company&#8217;s fourth quarter of 2009. The Fluor SKM Iron Ore Joint Venture&#8217;s scope includes overall program management activities and engineering, procurement and construction management (EPCM) services for specific elements of the mine, port and rail works. Since 2001, Fluor, as part of the Mine &#38; Port Development Joint Venture with SKM, has provided engineering, procurement, and construction management services to BHP Billiton Iron Ore, and has successfully delivered Rapid Growth Projects ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/01/flr-fluor-corporation-wins-mining-order/29399/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(FWLT) Foster Wheeler AG&#8217;s Earnings Reports Misses The Street</title>
		<link>http://www.stockbloghub.com/2010/02/28/fwlt-foster-wheeler-ags-earnings-reports-misses-the-street/29148</link>
		<comments>http://www.stockbloghub.com/2010/02/28/fwlt-foster-wheeler-ags-earnings-reports-misses-the-street/29148#comments</comments>
		<pubDate>Mon, 01 Mar 2010 04:23:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Foster Wheeler AG]]></category>
		<category><![CDATA[FWLT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29148</guid>
		<description><![CDATA[Foster Wheeler AG (FWLT) reported a net income of $65.1 million, or 51 cents per share for the fourth quarter of 2009, compared with $99.9 million, or 75 cents in the fourth quarter of 2008. This was lower than the Zacks Consensus Estimate of 65 cents for the most recent quarter. Operating revenues were $1.2 billion in the quarter. Segment Details Global Engineering &#38; Construction Group (E&#38;C) New orders booked in Foster Wheeler scope were below the average quarter of 2008, reflecting a slippage of expected awards combined with routine quarterly variability. EBITDA in the fourth quarter of 2009 reflects a gain of $11.3 million for the settlement of a prior claim and a charge of $6.1 million for anticipated severance costs. Scope operating revenues were below the average quarter ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/28/fwlt-foster-wheeler-ags-earnings-reports-misses-the-street/29148/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FLR) Fluor Corporation Reports Earnings Below Consensus</title>
		<link>http://www.stockbloghub.com/2010/02/28/flr-fluor-corporation-reports-earnings-below-consensus/29146</link>
		<comments>http://www.stockbloghub.com/2010/02/28/flr-fluor-corporation-reports-earnings-below-consensus/29146#comments</comments>
		<pubDate>Mon, 01 Mar 2010 04:22:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29146</guid>
		<description><![CDATA[Net earnings attributable to Fluor Corporation (FLR) for the fourth quarter of 2009 were $149 million, or 82 cents per share, compared with $190 million, or $1.03 in 2008. This was lower than the Zacks Consensus Estimate of 88 cents. The effective tax rate in the fourth quarter of 2009 was higher than expected at 39%, while the fourth quarter of 2008 benefited from a materially lower 24% effective tax rate due to a variety of factors. Segment profit for the quarter decreased 4% to $310 million, compared with $323 million a year ago. Fourth quarter profits reflect growth in the Power, Government and Industrial &#38; Infrastructure segments, offset by declines in Oil &#38; Gas and Global Services. Corporate G&#38;A expenses in the quarter were $61 million, down $22 million ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/28/flr-fluor-corporation-reports-earnings-below-consensus/29146/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FLR) Fluor Corporation Group Wins Wind Farm Bid</title>
		<link>http://www.stockbloghub.com/2010/01/11/flr-fluor-corporation-group-wins-wind-farm-bid/24656</link>
		<comments>http://www.stockbloghub.com/2010/01/11/flr-fluor-corporation-group-wins-wind-farm-bid/24656#comments</comments>
		<pubDate>Mon, 11 Jan 2010 22:47:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[ABB]]></category>
		<category><![CDATA[ABB Limited]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Foster Wheeler AG]]></category>
		<category><![CDATA[FWLT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24656</guid>
		<description><![CDATA[Fluor Corporation (FLR) announced that its UK division, Fluor Limited, and SSE (Scottish and Southern Energy plc), have been awarded exclusive rights by The Crown Estate to develop the Round 3 offshore wind farm zone in the Firth of Forth, off the coast of Scotland. The proposed wind farm zone is located approximately 22 kilometers from the East coast of Scotland, and covers an area of 2,852 square kilometers in the outer Firth of Forth. The zone has a potential installed capacity of up to 3.4 gigawatts (GW) which would almost double Scotland’s entire existing renewables capacity. The 32 GW of installed capacity proposed by the offshore wind energy developers for 2020 would supply a quarter of the UK’s electricity needs. It implies that the UK will have a secure ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/11/flr-fluor-corporation-group-wins-wind-farm-bid/24656/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MDR) McDermott International Unit Buys Vessel Stakes</title>
		<link>http://www.stockbloghub.com/2009/12/27/mdr-mcdermott-international-unit-buys-vessel-stakes/23550</link>
		<comments>http://www.stockbloghub.com/2009/12/27/mdr-mcdermott-international-unit-buys-vessel-stakes/23550#comments</comments>
		<pubDate>Sun, 27 Dec 2009 23:23:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23550</guid>
		<description><![CDATA[J. Ray McDermott S.A. – a subsidiary of energy-focused engineering and construction firm McDermott International Inc. (MDR) – announced the purchase of interest in two underwater oil and gas construction vessels from Norwegian offshore services company Oceanteam ASA. The acquisitions include a 50% stake in the subsea construction vessel North Ocean 102 and a 75% stake in a new build vessel North Ocean 105. The financial terms of the transaction were not disclosed. J. Ray has agreed to charter the vessels for five years, following which it will have the option to buyout Oceanteam’s share in both the ships. The company expects to take delivery of North Ocean 102 in the third quarter of 2010. The second vessel, North Ocean 105, is still unbuilt. J. Ray will collaborate with Oceanteam ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/27/mdr-mcdermott-international-unit-buys-vessel-stakes/23550/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FWLT) Foster Wheeler AG Wins Vietnam Electric Deal</title>
		<link>http://www.stockbloghub.com/2009/12/17/fwlt-foster-wheeler-ag-wins-vietnam-electric-deal/23145</link>
		<comments>http://www.stockbloghub.com/2009/12/17/fwlt-foster-wheeler-ag-wins-vietnam-electric-deal/23145#comments</comments>
		<pubDate>Fri, 18 Dec 2009 01:02:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Foster Wheeler AG]]></category>
		<category><![CDATA[FWLT]]></category>
		<category><![CDATA[Jacobs Engineering Group]]></category>
		<category><![CDATA[JEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23145</guid>
		<description><![CDATA[Foster Wheeler AG (FWLT) announced that a subsidiary of its Global Power Group has been awarded a contract by Wuhan Kaidi Electric Power Co., Ltd. for the design and supply of two circulating fluidized-bed (CFB) steam generators for Vietnam National Coal-Mineral Industries Group’s (Vinacomin) Mao Khe Thermal Power Plant Project located in northern Quang Ninh Province, Vietnam. The terms of the agreement were not disclosed, and the contract value will be included in the company’s fourth quarter 2009 bookings. Commercial operation of the new steam generators is scheduled for the fourth quarter of 2012. Foster Wheeler will design and supply the two 220 MW (gross megawatt) CFB steam generators and auxiliary equipment and provide site advisory services for the project. The Global Power Group designs, manufactures, and erects steam generating ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/17/fwlt-foster-wheeler-ag-wins-vietnam-electric-deal/23145/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MDR) McDermott International Unit Wins Nuclear Deal</title>
		<link>http://www.stockbloghub.com/2009/12/16/mdr-mcdermott-international-unit-wins-nuclear-deal/23020</link>
		<comments>http://www.stockbloghub.com/2009/12/16/mdr-mcdermott-international-unit-wins-nuclear-deal/23020#comments</comments>
		<pubDate>Wed, 16 Dec 2009 23:06:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23020</guid>
		<description><![CDATA[The Babcock &#38; Wilcox Co. – a subsidiary of energy-focused engineering and construction firm McDermott International Inc. (MDR) – announced the receipt of a nuclear contract from leading power supplier Energy Northwest. As per the deal, Babcock &#38; Wilcox will support a condenser replacement project at Energy Northwest’s Columbia Generating Station (a nuclear power station) in Richland, Washington. The project is scheduled during a 2011 outage at the plant. During the outage, Babcock &#38; Wilcox will take away the existing waterboxes and copper-nickel tube bundles, following which they will be replaced by new waterboxes and titanium tube bundles. Additionally, Babcock &#38; Wilcox will carry out piping rerouting and reconnections to the condenser. Finally, after the completion of the outage, Babcock &#38; Wilcox will restore the interferences and inspect the final ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/16/mdr-mcdermott-international-unit-wins-nuclear-deal/23020/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MDR) McDermott International to Spin off Nuclear Unit</title>
		<link>http://www.stockbloghub.com/2009/12/08/mdr-mcdermott-international-to-spin-off-nuclear-unit/22234</link>
		<comments>http://www.stockbloghub.com/2009/12/08/mdr-mcdermott-international-to-spin-off-nuclear-unit/22234#comments</comments>
		<pubDate>Tue, 08 Dec 2009 18:46:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=22234</guid>
		<description><![CDATA[Energy-focused engineering and construction firm, McDermott International Inc. (MDR) announced plans to separate its power generation business from its offshore oil and gas services business, thereby creating two independent, publicly traded companies. McDermott will spin-off The Babcock &#38; Wilcox Company (B&#38;W), which specializes in construction, environmental controls and boilers for the power plant industry, within the next three–four quarters. Babcock &#38; Wilcox also manufactures nuclear components. The remaining business will take on the name of McDermott&#8217;s J. Ray McDermott S.A. (JRMSA) operating subsidiary and will trade under McDermott International&#8217;s existing ticker symbol, MDR. J. Ray McDermott will stand alone as an engineering, construction and installation company, focused in the offshore oil and gas exploration and production market. The spin-off is proposed to be tax-free to shareholders of McDermott. Post separation, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/08/mdr-mcdermott-international-to-spin-off-nuclear-unit/22234/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LAYN) Layne Christensen Company&#8217;s Profit Plunges</title>
		<link>http://www.stockbloghub.com/2009/12/07/layn-layne-christensen-companys-profit-plunges/22133</link>
		<comments>http://www.stockbloghub.com/2009/12/07/layn-layne-christensen-companys-profit-plunges/22133#comments</comments>
		<pubDate>Mon, 07 Dec 2009 19:23:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[LAYN]]></category>
		<category><![CDATA[Layne Christensen Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=22133</guid>
		<description><![CDATA[Layne Christensen Co. (LAYN) reported fiscal third-quarter results before the opening bell on Monday. The company’s earnings plunged 45.8% to $6.6 million, or 34 cents per share, from $12.2 million, or 63 cents per share recorded in the year-ago quarter. However, the result came in ahead of the Zacks Consensus Estimate of 21 cents per share, mainly due to improved gross margin and management’s efforts to reduce expenses. Layne Christensen is engaged in providing drilling services and related products and services in 4 principal markets: water infrastructure, mineral exploration, geotechnical construction and oil and gas. The company’s customers include municipalities, industrial, mining, oil and gas companies and consulting and engineering firms. The Mission Woods, KS-based company’s revenue slipped 17.7% year over year to $217.8 million. Water Infrastructure revenues slipped 12.2% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/07/layn-layne-christensen-companys-profit-plunges/22133/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MDR) McDermott International Reports Profit Growth</title>
		<link>http://www.stockbloghub.com/2009/11/14/mdr-mcdermott-international-reports-profit-growth/20528</link>
		<comments>http://www.stockbloghub.com/2009/11/14/mdr-mcdermott-international-reports-profit-growth/20528#comments</comments>
		<pubDate>Sat, 14 Nov 2009 23:44:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[McDermott International Inc.]]></category>
		<category><![CDATA[MDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20528</guid>
		<description><![CDATA[Energy-focused engineering and construction company, McDermott International Inc. (MDR) reported better-than-expected third-quarter earnings, driven by robust performance from the Offshore Oil and Gas Construction segment. Earnings per share came in at 50 cents, 10 cents above the Zacks Consensus Estimate and 13 cents above the prior-year period. Revenues were up marginally (by 0.7%) to $1.7 billion. Offshore Oil and Gas Construction McDermott’s Offshore Oil and Gas Construction segment revenues were up 26% to a record $1 billion, as higher sales in the Middle East and Caspian regions more than offset reduced levels in other areas. Operating income for the quarter came in at $106.5 million (second highest quarterly income ever), compared to a loss of $19.7 million during the third quarter of 2008, reflecting strength in the Asia Pacific and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/14/mdr-mcdermott-international-reports-profit-growth/20528/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FLR) Fluor Corporation Matches Estimates</title>
		<link>http://www.stockbloghub.com/2009/11/11/flr-fluor-corporation-matches-estimates/20238</link>
		<comments>http://www.stockbloghub.com/2009/11/11/flr-fluor-corporation-matches-estimates/20238#comments</comments>
		<pubDate>Wed, 11 Nov 2009 20:57:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[ABB]]></category>
		<category><![CDATA[ABB Limited]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Foster Wheeler AG]]></category>
		<category><![CDATA[FWLT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20238</guid>
		<description><![CDATA[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 &#38; Gas and Power segments. Revenue in both Industrial &#38; Infrastructure and Government segments was up from last year. While three of the five business segments reported earnings growth over 2008, the Oil &#38; Gas segment profit declined by 8% and the Global Services segment profit was impacted by a $45 million provision relating to a collection issue on a completed paper mill revamp project. New project awards for the quarter were $2.9 billion, compared with record awards of $8.8 billion a year ago. Consolidated ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/11/flr-fluor-corporation-matches-estimates/20238/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTZ) MasTec Inc. &#8211; Fourth Consecutive Earnings Surprise in a Row</title>
		<link>http://www.stockbloghub.com/2009/11/02/mtz-mastec-inc-fourth-consecutive-earnings-surprise-in-a-row/19388</link>
		<comments>http://www.stockbloghub.com/2009/11/02/mtz-mastec-inc-fourth-consecutive-earnings-surprise-in-a-row/19388#comments</comments>
		<pubDate>Mon, 02 Nov 2009 21:39:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[MasTec Inc.]]></category>
		<category><![CDATA[MTZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19388</guid>
		<description><![CDATA[MasTec Inc. (MTZ) reported third quarter results on Oct 28 that surprised on the Zacks Consensus Estimate by 1 cent. It was the fourth consecutive surprise in a row. MasTec designs and builds infrastructure for communication companies, utilities and governments through the United States. Earnings per share were 27 cents compared to the Zacks Consensus Estimate of 26 cents. EPS was 35 cents in the third quarter of 2008. &#8220;Once again, we had an excellent quarter, in spite of a difficult economic environment. Continued tight credit markets and delays in the Federal government finalization of stimulus plan programs have delayed projects and caused many of our customers to defer capital expenditures,&#8221; Jose R. Mas, President and Chief Executive Officer. &#8220;However, with the recent release of Federal stimulus grant monies, combined ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/02/mtz-mastec-inc-fourth-consecutive-earnings-surprise-in-a-row/19388/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GLDD) Great Lakes Dredge &amp; Dock Corporation &#8211; Analysts Expect Huge Earnings Growth</title>
		<link>http://www.stockbloghub.com/2009/10/26/gldd-great-lakes-dredge-dock-corporation-analysts-expect-huge-earnings-growth/18705</link>
		<comments>http://www.stockbloghub.com/2009/10/26/gldd-great-lakes-dredge-dock-corporation-analysts-expect-huge-earnings-growth/18705#comments</comments>
		<pubDate>Mon, 26 Oct 2009 22:40:59 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[GLDD]]></category>
		<category><![CDATA[Great Lakes Dredge & Dock Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18705</guid>
		<description><![CDATA[Great Lakes Dredge &#38; Dock Corporation (GLDD) is a play on the stimulus plan as the largest provider of dredging services in the United States is seeing more active bids from the Army Corps of Engineers. In the first six months of the year, the company saw a 40% increase in dredging operations revenues. The domestic bid market&#8217;s second quarter activity also almost doubled from the first quarter and rose 30% from 2008&#8242;s first half. In August, Great Lakes viewed this as a positive sign for the domestic market for the rest of 2009 and into 2010. Due to the up tick in activity levels in the domestic market and a slowdown in the Middle East, the company re-positioned two hydraulic dredges back to the United States. Great Lakes is ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/26/gldd-great-lakes-dredge-dock-corporation-analysts-expect-huge-earnings-growth/18705/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FLR) Fluor Wins $150 Million Gas Turbine Contract</title>
		<link>http://www.stockbloghub.com/2009/09/09/flr-fluor-wins-150-million-gas-turbine-contract/14793</link>
		<comments>http://www.stockbloghub.com/2009/09/09/flr-fluor-wins-150-million-gas-turbine-contract/14793#comments</comments>
		<pubDate>Thu, 10 Sep 2009 02:40:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14793</guid>
		<description><![CDATA[Fluor Corporation (FLR) announced yesterday that it received a $150 million engineering, procurement and construction [EPC] contract from ISAB Energy to rebuild a gas turbine power train. The contract is to rebuild one of the two 266-megawatt combined cycle gas turbine power trains in Sicily, Italy. The power train, which is a part of a 532-megawatt power plant that provides electric power to the Italian grid, was damaged in an accident in October 2008. The company is working with ISAB Energy to rebuild the facility and bring its power plant back to full capacity by the end of the second quarter of 2010. The total installed cost for the project managed by Fluor is more than $150 million. The project was booked into the company’s second quarter 2009 backlog. During ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/09/flr-fluor-wins-150-million-gas-turbine-contract/14793/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FWLT) Foster Wheeler AG Wins Polish Power Station Contract</title>
		<link>http://www.stockbloghub.com/2009/09/09/fwlt-foster-wheeler-ag-wins-polish-power-station-contract/14720</link>
		<comments>http://www.stockbloghub.com/2009/09/09/fwlt-foster-wheeler-ag-wins-polish-power-station-contract/14720#comments</comments>
		<pubDate>Wed, 09 Sep 2009 21:35:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Foster Wheeler]]></category>
		<category><![CDATA[FWLT]]></category>
		<category><![CDATA[Jacobs Engineering Group]]></category>
		<category><![CDATA[JEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14720</guid>
		<description><![CDATA[Foster Wheeler AG (FWLT) said a unit of its Global Power Group recently won a contract from ZE PAK S.A. for the design, supply and erection of a 55 MWe biomass-fired circulating fluidized-bed (CFB) boiler island for the Konin Power Station in Poland. Foster Wheeler has received a notice to begin work on this contract. The terms of the agreement were not disclosed and the contract value will be included in the company’s orders for the third quarter of 2009. Commercial operation of the new steam generator is scheduled for the first quarter of 2012. Foster Wheeler will design and supply the steam generator and auxiliary equipment. It will carry out the erection and commissioning of the boiler island. The steam generator will be equipped adequately to burn wood biomass ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/09/fwlt-foster-wheeler-ag-wins-polish-power-station-contract/14720/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LAYN) Layne Christensen Beats Consensus by 92%</title>
		<link>http://www.stockbloghub.com/2009/09/03/layn-layne-christensen-beats-consensus-by-92/14345</link>
		<comments>http://www.stockbloghub.com/2009/09/03/layn-layne-christensen-beats-consensus-by-92/14345#comments</comments>
		<pubDate>Thu, 03 Sep 2009 20:45:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[LAYN]]></category>
		<category><![CDATA[Layne Christensen Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14345</guid>
		<description><![CDATA[Layne Christensen Co. (LAYN) announced fiscal second-quarter results yesterday after the closing bell. The company reported GAAP net loss of $8.6 million or 45 cents per share, compared to GAAP net income of $15.1 million or 78 cents per share in the year-ago quarter. Excluding a non-cash impairment charge, net income came in at $4.4 million or 23 cents per share, beating the Zacks Consensus Estimate by nearly 92%, or 11 cents. Layne Christensen is engaged in providing drilling services and related products and services in 4 principal markets: water infrastructure, mineral exploration, geotechnical construction and oil and gas. The company’s customers include municipalities, industrial, mining, oil and gas companies and consulting and engineering firms. The Mission Woods, Kansas-based company’s revenue slumped 19.4% year over year to $217.2 million, still ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/03/layn-layne-christensen-beats-consensus-by-92/14345/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FLR) Fluor Awarded Engineering Contract for Power Plants</title>
		<link>http://www.stockbloghub.com/2009/08/26/flr-fluor-awarded-engineering-contract-for-power-plants/13511</link>
		<comments>http://www.stockbloghub.com/2009/08/26/flr-fluor-awarded-engineering-contract-for-power-plants/13511#comments</comments>
		<pubDate>Wed, 26 Aug 2009 21:08:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13511</guid>
		<description><![CDATA[Yesterday, Fluor Corporation (FLR) announced that it has been awarded an engineering services contract to design a concentrating solar power plant for eSolar, Inc. Fluor will provide design optimization to rapidly scale eSolar’s 46 megawatt power plants. The company did not disclose the contract value, but said that the amount was booked in the third quarter. Fluor boasts three decades of experience in the renewables sector Incorporatedluding work in the solar, wind, nuclear, geothermal and air quality improvement markets. The company is looking to benefit from the fast-growing renewable energy market. Fluor pointed that according to McKinsey &#38; Company research, installed global solar capacity is expected to grow by 30% to 35% annually &#8212; from a total of 10 gigawatts today to 200 to 400 gigawatts by 2020. The company ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/08/26/flr-fluor-awarded-engineering-contract-for-power-plants/13511/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(MTZ) MasTec Inc. &#8211; Aggressive Growth &#8211; Zacks Rank Buy</title>
		<link>http://www.stockbloghub.com/2009/04/20/mtz-mastec-inc-aggressive-growth-zacks-rank-buy/5762</link>
		<comments>http://www.stockbloghub.com/2009/04/20/mtz-mastec-inc-aggressive-growth-zacks-rank-buy/5762#comments</comments>
		<pubDate>Mon, 20 Apr 2009 20:12:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[MasTec Inc.]]></category>
		<category><![CDATA[MTZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=5762</guid>
		<description><![CDATA[MasTec, Inc. (MTZ) has an earnings announcement coming up on the 28th of April and estimates are on the rise. Company Description MASTEC INC. is one of the largest providers of construction services to the telecommunications industry in the United States. The Company&#8217;s principal business consists of the installation and maintenance of aerial, underground and buried copper and fiber optic cable, underground conduit, manhole systems and related construction for local telephone companies. The companies include Regional Bell Operating Companies and non-Bell local telephone companies such as Sprint Corp., and GTE Corp. Estimates Up Full-year estimates for this and next year have been raised as the company&#8217;s quarterly report approaches, Apr 28. The consensus for 2009 is $1.14, up 3 cents in the past 2 months. Next year&#8217;s estimates are averaging ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/04/20/mtz-mastec-inc-aggressive-growth-zacks-rank-buy/5762/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(MTZ) MasTec Inc. &#8211; Value &#8211; Zacks Rank Buy</title>
		<link>http://www.stockbloghub.com/2009/03/12/mtz-mastec-inc-value-zacks-rank-buy/4213</link>
		<comments>http://www.stockbloghub.com/2009/03/12/mtz-mastec-inc-value-zacks-rank-buy/4213#comments</comments>
		<pubDate>Thu, 12 Mar 2009 22:59:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[MasTec Inc.]]></category>
		<category><![CDATA[MTZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=4213</guid>
		<description><![CDATA[MasTec Inc. (MTZ), the builder of infrastructure, reported record revenue in 2008 and expects to see gains from the economic stimulus plan. The company has surprised the last 4 quarters by an average of 17.06%. MTZ has a PEG ratio of only 0.7. Company Description MasTec designs and builds infrastructure for communication companies, utilities and governments through the United States. For 75 years, MasTec has designed infrastructure such as power delivery systems, cable and satellite television networks, fiber optic highways, natural gas systems, and voice, video and data networks. The company has long-term service and maintenance agreements with companies such as DirecTV, Verizon, AT&#38;T, Progress Energy, and Florida Power &#38; Light. MasTec Has Record Year in 2008 On Mar 2, MasTec reported fourth quarter and full year 2008 earnings that ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/03/12/mtz-mastec-inc-value-zacks-rank-buy/4213/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PCR) Perini Corporation &#8211; solid 1-year return on equity (ROE) of 17.44%</title>
		<link>http://www.stockbloghub.com/2009/02/03/pcr-perini-corporation-solid-1-year-return-on-equity-roe-of-1744/2506</link>
		<comments>http://www.stockbloghub.com/2009/02/03/pcr-perini-corporation-solid-1-year-return-on-equity-roe-of-1744/2506#comments</comments>
		<pubDate>Tue, 03 Feb 2009 22:02:00 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[PCR]]></category>
		<category><![CDATA[Perini Corp.]]></category>
		<category><![CDATA[VitalStocks]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=2506</guid>
		<description><![CDATA[Perini Corporation (PCR), the construction company which specializes in large, complex projects in the hospitality and gaming, sports and entertainment, and healthcare markets for both private and government customers, on Jan 15 announced it was acquiring Keating Building Corporation, a privately held construction company focused on the Mid-Atlantic region. The deal was for $43 million in cash plus a portion of the operating results for 2009 &#8211; 2011. Keating has anticipated fiscal year 2008 revenues of $425 million and a $860 million project pipeline. Keating Building Corporation will operate as a wholly owned subsidiary with its same management. Since we last reviewed Perini in March 2008, the company has moved from a Zacks #1 Rank (strong buy) stock to a Zacks #2 Rank (buy) stock. The company has an impressive ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/02/03/pcr-perini-corporation-solid-1-year-return-on-equity-roe-of-1744/2506/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(MTZ) MasTec &#8211; gains came from the company&#8217;s strategy to grow business with utilities customers as revenue doubled from last year</title>
		<link>http://www.stockbloghub.com/2009/01/02/mtz-mastec-gains-came-from-the-companys-strategy-to-grow-business-with-utilities-customers-as-revenue-doubled-from-last-year/1927</link>
		<comments>http://www.stockbloghub.com/2009/01/02/mtz-mastec-gains-came-from-the-companys-strategy-to-grow-business-with-utilities-customers-as-revenue-doubled-from-last-year/1927#comments</comments>
		<pubDate>Fri, 02 Jan 2009 23:52:45 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[MasTec Inc.]]></category>
		<category><![CDATA[MTZ]]></category>
		<category><![CDATA[VitalStocks]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=1927</guid>
		<description><![CDATA[MasTec Inc. (MTZ) recently issued bullish 2009 guidance after closing on a $400 million acquisition. In November, the company reported all-time record quarterly revenue. MTZ is trading at 9.6x forward earnings. Company Description MasTec Inc. designs and builds infrastructure for communication companies, utilities and governments through the United States. For 75 years, MasTec has designed infrastructure such as power delivery systems, cable and satellite television networks, fiber optic highways, natural gas systems, and voice, video and data networks. The company has long-term service and maintenance agreements with companies such as DirecTV, Verizon, AT&#38;T, Progress Energy, and Florida Power &#38; Light. On Dec 17, MasTec announced it had completed the previously announced acquisition of Wanzek Construction, Inc. which will expand the company&#8217;s reach into the alternative energy market. Wanzek was focused ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/01/02/mtz-mastec-gains-came-from-the-companys-strategy-to-grow-business-with-utilities-customers-as-revenue-doubled-from-last-year/1927/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(MTZ) MasTec, Inc &#8211; significant efforts to expand amongst its utility customers</title>
		<link>http://www.stockbloghub.com/2008/12/09/mtz-mastec-inc-significant-efforts-to-expand-amongst-its-utility-customers/1644</link>
		<comments>http://www.stockbloghub.com/2008/12/09/mtz-mastec-inc-significant-efforts-to-expand-amongst-its-utility-customers/1644#comments</comments>
		<pubDate>Tue, 09 Dec 2008 17:12:36 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[MTZ]]></category>
		<category><![CDATA[VitalStocks]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=1644</guid>
		<description><![CDATA[MasTec, Inc. (MTZ) has posted record revenue levels as it posted its fourth earnings surprise in the past 4 quarters. The company also reiterated its guidance for 2008 and 2009. Company Description MASTEC INC. is one of the largest providers of construction services to the telecommunications industry in the United States. The Company&#8217;s principal business consists of the installation and maintenance of aerial, underground and buried copper and fiber optic cable, underground conduit, manhole systems and related construction for local telephone companies. The companies include Regional Bell Operating Companies and non-Bell local telephone companies such as Sprint Corp., and GTE Corp. Record Revenue On Nov 5 MasTec announced its third-quarter results that included $398 million in revenue. Revenue rose 49% year-over-year, from $267, to the record high for the company. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/12/09/mtz-mastec-inc-significant-efforts-to-expand-amongst-its-utility-customers/1644/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(MTRX) Matrix has surprised and beaten estimates in each of the last 2 quarters</title>
		<link>http://www.stockbloghub.com/2008/10/29/mtrx-matrix-has-surprised-and-beaten-estimates-in-each-of-the-last-2-quarters/1155</link>
		<comments>http://www.stockbloghub.com/2008/10/29/mtrx-matrix-has-surprised-and-beaten-estimates-in-each-of-the-last-2-quarters/1155#comments</comments>
		<pubDate>Thu, 30 Oct 2008 00:56:02 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[MTRX]]></category>
		<category><![CDATA[VitalStocks]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=1155</guid>
		<description><![CDATA[Matrix Service Company&#8217;s (MTRX) share price appears to have found a short-term bottom, rebounding from a key level and climbing more than 50% in the last 3 weeks. In the meantime, estimates have held in higher ground, creating a value opportunity for a stock operating in a growth sector. Company Description Matrix Service Company provides construction, repair and maintenance services to the energy industry. The company was founded in 1989, has a market cap of $301 million and is headquartered in Tulsa, Oklahoma. First-Quarter Results Matrix reported awesome second-quarter results on Oct 2 that demonstrate the strong demand energy services companies continue to enjoy. Revenue was up 16% from last year to $186.7 million. Net income increased 50% to $9.5 million. This produced earnings of 36 cents per share, 6 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/10/29/mtrx-matrix-has-surprised-and-beaten-estimates-in-each-of-the-last-2-quarters/1155/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(LAYN) &#8211; Layne Christensen Co &#8211; analysts responded to the second quarter earnings surprise by raising estimates</title>
		<link>http://www.stockbloghub.com/2008/10/25/layn-layne-christensen-co-analysts-responded-to-the-second-quarter-earnings-surprise-by-raising-estimates-3/1074</link>
		<comments>http://www.stockbloghub.com/2008/10/25/layn-layne-christensen-co-analysts-responded-to-the-second-quarter-earnings-surprise-by-raising-estimates-3/1074#comments</comments>
		<pubDate>Sat, 25 Oct 2008 14:41:42 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[LAYN]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/0011074/2008/10/25/layn-layne-christensen-co-analysts-responded-to-the-second-quarter-earnings-surprise-by-raising-estimates-3</guid>
		<description><![CDATA[Layne Christensen Company (LAYN) has seen its stock fall in the market sell-off despite posting record revenues that grew 23.8% in the second quarter. LAYN has surprised on earnings 3 out of the last 4 quarters on average by 19.18%. Layne has a forward P/E of 8.05.Company Description Layne Christensen, a Zacks #1 Rank (strong buy), provides drilling services in four markets: water resources, mineral exploration, geoconstruction and energy services and production. Its customers include a large cross section of industries from municipalities, industrial companies, miners, oil and gas companies and consulting firms. The company operates in the U.S., Canada, Mexico, Australia, Africa and South America. Layne has several different revenue streams Incorporatedluding Layne Energy, an exploration and production company with over 400 wells in the Mid-Continent Cherokee Basin. Its ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/10/25/layn-layne-christensen-co-analysts-responded-to-the-second-quarter-earnings-surprise-by-raising-estimates-3/1074/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LAYN) &#8211; Layne Christensen Co &#8211; analysts responded to the second quarter earnings surprise by raising estimates</title>
		<link>http://www.stockbloghub.com/2008/10/24/layn-layne-christensen-co-analysts-responded-to-the-second-quarter-earnings-surprise-by-raising-estimates-2/1044</link>
		<comments>http://www.stockbloghub.com/2008/10/24/layn-layne-christensen-co-analysts-responded-to-the-second-quarter-earnings-surprise-by-raising-estimates-2/1044#comments</comments>
		<pubDate>Fri, 24 Oct 2008 12:42:38 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Heavy Construction]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[LAYN]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/0011044/2008/10/24/layn-layne-christensen-co-analysts-responded-to-the-second-quarter-earnings-surprise-by-raising-estimates-2</guid>
		<description><![CDATA[Layne Christensen Company (LAYN) has seen its stock fall in the market sell-off despite posting record revenues that grew 23.8% in the second quarter. LAYN has surprised on earnings 3 out of the last 4 quarters on average by 19.18%. Layne has a forward P/E of 8.05.Company Description Layne Christensen, a Zacks #1 Rank (strong buy), provides drilling services in four markets: water resources, mineral exploration, geoconstruction and energy services and production. Its customers include a large cross section of industries from municipalities, industrial companies, miners, oil and gas companies and consulting firms. The company operates in the U.S., Canada, Mexico, Australia, Africa and South America. Layne has several different revenue streams Incorporatedluding Layne Energy, an exploration and production company with over 400 wells in the Mid-Continent Cherokee Basin. Its ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/10/24/layn-layne-christensen-co-analysts-responded-to-the-second-quarter-earnings-surprise-by-raising-estimates-2/1044/feed</wfw:commentRss>
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