Stock Blog Hub » Heavy Construction

(FWLT) Foster Wheeler AG Expands Gas Storage

vitalstocks — Wed, 30 Nov 2011 20:02:58 +0000

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 [...]

(FWLT) Foster Wheeler AG Expands Gas Storage

(MDR) McDermott International – Bear of the Day

vitalstocks — Mon, 12 Sep 2011 17:20:08 +0000

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 [...]

(MDR) McDermott International – Bear of the Day

(MDR) McDermott International Secures SURF Deal

vitalstocks — Mon, 11 Jul 2011 15:48:23 +0000

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 [...]

(MDR) McDermott International Secures SURF Deal

(FWLT) Foster Wheeler AG Wins Contract in Argentina

vitalstocks — Fri, 08 Jul 2011 20:51:39 +0000

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 [...]

(FWLT) Foster Wheeler AG Wins Contract in Argentina

(FWLT) Foster Wheeler AG to Upgrade Saudi Refinery

vitalstocks — Wed, 06 Jul 2011 15:24:26 +0000

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 & 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 [...]

(FWLT) Foster Wheeler AG to Upgrade Saudi Refinery

(FLR) Fluor Corporation Provides Australian EPCM Contract

vitalstocks — Thu, 30 Jun 2011 21:20:21 +0000

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 [...]

(FLR) Fluor Corporation Provides Australian EPCM Contract

(FWLT) Foster Wheeler Wins Contract

vitalstocks — Wed, 29 Jun 2011 17:00:25 +0000

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 [...]

(FWLT) Foster Wheeler Wins Contract

(FLR) Fluor Earns Design Contract From Dow for Propane Project

vitalstocks — Sun, 26 Jun 2011 17:31:10 +0000

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 [...]

(FLR) Fluor Earns Design Contract From Dow for Propane Project

(FLR) Fluor Wins Dow Contract

vitalstocks — Sun, 26 Jun 2011 16:44:49 +0000

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 [...]

(FLR) Fluor Wins Dow Contract

(FWLT) Foster Wheeler AG First Quarter 2011 Earnings Underperforms

vitalstocks — Wed, 04 May 2011 17:11:41 +0000

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 [...]

(FWLT) Foster Wheeler AG First Quarter 2011 Earnings Underperforms

(FWLT) Foster Wheeler AG Earnings Report Misses The Street

vitalstocks — Thu, 18 Nov 2010 04:42:57 +0000

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 [...]

(FWLT) Foster Wheeler AG Earnings Report Misses The Street

(FWLT) Foster Wheeler AG Announces Contract for Gulf of Venezuela

vitalstocks — Sun, 17 Oct 2010 20:10:25 +0000

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 [...]

(FWLT) Foster Wheeler AG Announces Contract for Gulf of Venezuela

(MDR) McDermott International Earns New Contract From Vetco Gray Australia

vitalstocks — Tue, 12 Oct 2010 22:46:10 +0000

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’s fourth-quarter 2010 bookings. The project calls for McDermott to make 12,000 tons of subsea structures and [...]

(MDR) McDermott International Earns New Contract From Vetco Gray Australia

(MDR) McDermott International – Bear of the Day

vitalstocks — Tue, 21 Sep 2010 15:50:45 +0000

We are downgrading McDermott International (MDR) shares to Underperform from Neutral due to the tentative commodity price scenario and the company’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 [...]

(MDR) McDermott International – Bear of the Day

vitalstocks — Wed, 15 Sep 2010 15:07:53 +0000

(MDR) McDermott International – Bear of the Day

(FLR) The Global Infrastructure Boom

InvestmentU — Mon, 02 Aug 2010 00:10:45 +0000

by Tony Daltorio, Investment U Research Thursday, July 15, 2010 This world is in desperate need of infrastructure. The Cohen & 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 [...]

(FLR) The Global Infrastructure Boom

(FLR) Fluor Wins $1.3 Billion Mining Contract

vitalstocks — Fri, 02 Jul 2010 00:40:19 +0000

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 [...]

(FLR) Fluor Wins $1.3 Billion Mining Contract

(MDR) McDermott International Beats Expectations but Sales Slump

vitalstocks — Tue, 18 May 2010 15:41:05 +0000

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 [...]

(MDR) McDermott International Beats Expectations but Sales Slump

(MDR) McDermott International Unit Earns More Vietnam Work

vitalstocks — Thu, 08 Apr 2010 21:27:25 +0000

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 & Construction Company Ltd. The financial terms of the transaction were not disclosed. The contract calls for J. Ray to transport and install two [...]

(MDR) McDermott International Unit Earns More Vietnam Work

(MDR) McDermott International Unit Wins Saudi Aramco Deal

vitalstocks — Mon, 29 Mar 2010 21:07:14 +0000

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 [...]

(MDR) McDermott International Unit Wins Saudi Aramco Deal

(LAYN) Layne Christensen – A Waiting Game?

Wax — Mon, 29 Mar 2010 16:57:43 +0000

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 [...]

(LAYN) Layne Christensen – A Waiting Game?

(MDR) McDermott International Unit Wins Vietnam Subsea Infrastructure Contract

vitalstocks — Thu, 18 Mar 2010 19:15:30 +0000

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, [...]

(MDR) McDermott International Unit Wins Vietnam Subsea Infrastructure Contract

(MDR) McDermott International Subsidiary to Buy General Electric Unit

vitalstocks — Thu, 18 Mar 2010 19:03:34 +0000

Babcock & 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 [...]

(MDR) McDermott International Subsidiary to Buy General Electric Unit

(MDR) McDermott International Beats Expectations – Profit Soars

vitalstocks — Thu, 04 Mar 2010 16:58:36 +0000

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. [...]

(MDR) McDermott International Beats Expectations – Profit Soars

(INSU) Insituform Technologies – Earnings Estimates Pop

vitalstocks — Thu, 04 Mar 2010 16:54:27 +0000

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 [...]

(INSU) Insituform Technologies – Earnings Estimates Pop

(FLR) Fluor Corporation Wins Mining Order

vitalstocks — Mon, 01 Mar 2010 22:37:46 +0000

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’s iron ore operations in the Pilbara Region of Western Australia. Fluor booked approximately [...]

(FLR) Fluor Corporation Wins Mining Order

(FWLT) Foster Wheeler AG’s Earnings Reports Misses The Street

vitalstocks — Mon, 01 Mar 2010 04:23:08 +0000

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 [...]

(FWLT) Foster Wheeler AG’s Earnings Reports Misses The Street

(FLR) Fluor Corporation Reports Earnings Below Consensus

vitalstocks — Mon, 01 Mar 2010 04:22:00 +0000

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 [...]

(FLR) Fluor Corporation Reports Earnings Below Consensus

(FLR) Fluor Corporation Group Wins Wind Farm Bid

vitalstocks — Mon, 11 Jan 2010 22:47:34 +0000

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 [...]

(FLR) Fluor Corporation Group Wins Wind Farm Bid

(MDR) McDermott International Unit Buys Vessel Stakes

vitalstocks — Sun, 27 Dec 2009 23:23:51 +0000

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% [...]

(MDR) McDermott International Unit Buys Vessel Stakes

(FWLT) Foster Wheeler AG Wins Vietnam Electric Deal

vitalstocks — Fri, 18 Dec 2009 01:02:39 +0000

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 [...]

(FWLT) Foster Wheeler AG Wins Vietnam Electric Deal

(MDR) McDermott International Unit Wins Nuclear Deal

vitalstocks — Wed, 16 Dec 2009 23:06:55 +0000

The Babcock & 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 & Wilcox will support a condenser replacement project at Energy Northwest’s Columbia Generating Station (a nuclear power station) [...]

(MDR) McDermott International Unit Wins Nuclear Deal

(MDR) McDermott International to Spin off Nuclear Unit

vitalstocks — Tue, 08 Dec 2009 18:46:41 +0000

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 & Wilcox Company (B&W), which specializes in construction, environmental controls and boilers for the power plant industry, within [...]

(MDR) McDermott International to Spin off Nuclear Unit

(LAYN) Layne Christensen Company’s Profit Plunges

vitalstocks — Mon, 07 Dec 2009 19:23:32 +0000

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 [...]

(LAYN) Layne Christensen Company’s Profit Plunges

(MDR) McDermott International Reports Profit Growth

vitalstocks — Sat, 14 Nov 2009 23:44:14 +0000

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 [...]

(MDR) McDermott International Reports Profit Growth

(FLR) Fluor Corporation Matches Estimates

vitalstocks — Wed, 11 Nov 2009 20:57:37 +0000

Fluor Corporation (FLR) reported third quarter earnings per share of 89 cents, matching the Zacks Consensus Estimate. Revenue declined by 4% to $5.4 billion, which compares with $5.7 billion in the third quarter of 2008. This change was driven primarily by decreases in the Oil & Gas and Power segments. Revenue in both Industrial & [...]

(FLR) Fluor Corporation Matches Estimates

(MTZ) MasTec Inc. – Fourth Consecutive Earnings Surprise in a Row

vitalstocks — Mon, 02 Nov 2009 21:39:03 +0000

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 [...]

(MTZ) MasTec Inc. – Fourth Consecutive Earnings Surprise in a Row

(GLDD) Great Lakes Dredge & Dock Corporation – Analysts Expect Huge Earnings Growth

vitalstocks — Mon, 26 Oct 2009 22:40:59 +0000

Great Lakes Dredge & 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 [...]

(GLDD) Great Lakes Dredge & Dock Corporation – Analysts Expect Huge Earnings Growth

(FLR) Fluor Wins $150 Million Gas Turbine Contract

vitalstocks — Thu, 10 Sep 2009 02:40:41 +0000

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 [...]

(FLR) Fluor Wins $150 Million Gas Turbine Contract

(FWLT) Foster Wheeler AG Wins Polish Power Station Contract

vitalstocks — Wed, 09 Sep 2009 21:35:14 +0000

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. [...]

(FWLT) Foster Wheeler AG Wins Polish Power Station Contract

(LAYN) Layne Christensen Beats Consensus by 92%

vitalstocks — Thu, 03 Sep 2009 20:45:33 +0000

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 [...]

(LAYN) Layne Christensen Beats Consensus by 92%

(FLR) Fluor Awarded Engineering Contract for Power Plants

vitalstocks — Wed, 26 Aug 2009 21:08:42 +0000

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 [...]

(FLR) Fluor Awarded Engineering Contract for Power Plants

(MTZ) MasTec Inc. – Aggressive Growth – Zacks Rank Buy

vitalstocks — Mon, 20 Apr 2009 20:12:34 +0000

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’s principal business consists of the installation and maintenance of aerial, underground and [...]

(MTZ) MasTec Inc. – Aggressive Growth – Zacks Rank Buy

(MTZ) MasTec Inc. – Value – Zacks Rank Buy

vitalstocks — Thu, 12 Mar 2009 22:59:24 +0000

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 [...]

(MTZ) MasTec Inc. – Value – Zacks Rank Buy

(PCR) Perini Corporation – solid 1-year return on equity (ROE) of 17.44%

Shawn — Tue, 03 Feb 2009 22:02:00 +0000

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 [...]

(PCR) Perini Corporation – solid 1-year return on equity (ROE) of 17.44%

(MTZ) MasTec – gains came from the company’s strategy to grow business with utilities customers as revenue doubled from last year

Shawn — Fri, 02 Jan 2009 23:52:45 +0000

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 [...]

(MTZ) MasTec – gains came from the company’s strategy to grow business with utilities customers as revenue doubled from last year

(MTZ) MasTec, Inc – significant efforts to expand amongst its utility customers

Shawn — Tue, 09 Dec 2008 17:12:36 +0000

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’s principal business [...]

(MTZ) MasTec, Inc – significant efforts to expand amongst its utility customers

(MTRX) Matrix has surprised and beaten estimates in each of the last 2 quarters

Shawn — Thu, 30 Oct 2008 00:56:02 +0000

Matrix Service Company’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 [...]

(MTRX) Matrix has surprised and beaten estimates in each of the last 2 quarters

(LAYN) – Layne Christensen Co – analysts responded to the second quarter earnings surprise by raising estimates

Shawn — Sat, 25 Oct 2008 14:41:42 +0000

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 [...]

(LAYN) – Layne Christensen Co – analysts responded to the second quarter earnings surprise by raising estimates

Shawn — Fri, 24 Oct 2008 12:42:38 +0000

(LAYN) – Layne Christensen Co – analysts responded to the second quarter earnings surprise by raising estimates