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Stocks to Watch Today (Free subscription) | yesterday
Shares of $2.44 billion (market cap) construction firm Shaw Group (SHAW) are on the march after reports over the weekend the firm this week will be granted contracts to make modules for nuclear reactors to be built in the U.K. by Toshiba’s Westinghouse Electric division. An article in U.K. paper [...]
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Connecting the Dots in the New World Order (Free subscription) | 7 hours ago
Thousands of jobs that were to have been created in Britain to build the next generation of nuclear power plants could be heading overseas instead, after Westinghouse, the nuclear company sold by the government three years ago to Toshiba, chose one of its largest shareholders as the lead contractor to build reactors. Westinghouse is expected to confirm this week that it has appointed US-based Shaw...
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The Guardian (Free subscription) | 22/11/2009
Nuclear firm Westinghouse expected to appoint Shaw Group to lead its construction programme Thousands of jobs that were to have been created in Britain to build the next generation of nuclear power plants could be heading overseas instead, after Westinghouse , the nuclear company sold by the government three years ago to Toshiba , chose one of its largest shareholders as the lead contractor to build...
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Business Wire (Free subscription) | 18/11/2009
BATON ROUGE, La.--(BUSINESS WIRE)--The Shaw Group Inc. (NYSE: SHAW) today announced it has been selected to license its proprietary Refinery Offgas (ROG) purification and recovery technology and supply process design services for a 1,500 kilo tonnes per annum (kTA) deep catalytic cracking (DCC) unit in Shaanxi province, China. The unit, which produces ethylene and propylene from heavy oil feedstock,...
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Business Wire (Free subscription) | 16/11/2009
BATON ROUGE, La.--(BUSINESS WIRE)--The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a five-year Indefinite Delivery/Indefinite Quantity Multiple Award Construction Contract by the U.S. Department of Defense for construction services at Naval Facilities Engineering Command (NAVFAC) installations throughout California, Arizona, Nevada, New Mexico, Utah and Colorado. Shaw is one of...
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PR News Wire (Free subscription) | 09/11/2009
MOUNT AIRY, N.C., Nov. 9 /PRNewswire-FirstCall/ -- Pike Electric Corporation (NYSE: PIKE), a leading national energy solutions provider, announced today that The Shaw Group Inc. (NYSE: SHAW) has awarded Pike an engineering, procurement, and construction (EPC) contract for the new 230kV Transmission Switchyard and Offsite Power System for the V.C. Summer Nuclear Station in South Carolina.
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San Fransisco Chronicle (Free subscription) | 05/11/2009
Shares of the Shaw Group jumped Thursday soon after the CEO of the engineering and construction firm bought $6.4 million worth of shares this week. CEO James M. Bernhard Jr. purchased 160,400 shares Tuesday and 89,600 shares Wednesday, according to a federal... Engineering - Construction - Shaw Group - Business - Switzerland
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ABC News (Free subscription) | 05/11/2009
Shares of Shaw Group jump after CEO buys $6.4 million worth of company stock
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Seattle Times (Free subscription) | 05/11/2009
Shares of the Shaw Group jumped Thursday soon after the CEO of the engineering and construction firm bought $6.4 million worth of shares this week.
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Business Wire (Free subscription) | 05/11/2009
BATON ROUGE, La.--(BUSINESS WIRE)--The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a contract by Petkim Petrochemical Holding AS to provide engineering and procurement services and additional study work for an ethylene plant capacity expansion in Aliaga, Turkey. Shaw built the original 300 kTA plant in 1986 and performed basic engineering for the previous capacity revamp to 520...
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Business Wire (Free subscription) | 29/10/2009
BATON ROUGE, La.--(BUSINESS WIRE)--The Shaw Group Inc. (NYSE: SHAW) today reported financial results for the fourth quarter and fiscal year ended Aug. 31, 2009. For the year, net income excluding the Westinghouse segment was $170.3 million, or $2.02 per diluted share. Net income including the Westinghouse segment, which includes non-operating foreign exchange translation losses, was $15.0 million,...
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MarketIntelligenceCenter.com (Free subscription) | 26/10/2009
Shaw Group (SHAW) was upgraded today by analysts at Stifel Nicolaus and the stock is now at $29.92, up $1.06 (3.67%) on volume of 498,469 shares traded. The brokerage lifted SHAW to Buy from Hold. Over the last 52 weeks the stock has ranged from a low of $11.47 to a high of $35.14. Shaw Group stock has been showing support around $28.01 and resistance ...
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Business Wire (Free subscription) | 23/10/2009
BATON ROUGE, La.--(BUSINESS WIRE)--Just 10 months since breaking ground on the Inner Harbor Navigation Canal (IHNC) Surge Barrier project, The Shaw Group Inc. (NYSE: SHAW) has completed a major phase of construction on Lake Borgne near New Orleans, driving the final 66-inch diameter, 144-foot-long vertical pile on the foundation of the world’s largest storm surge barrier on Oct. 21, 2009. The...