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Fluor wins new contract near Bridgeport

Fluor Corp. has secured a contract to engineer, procure, construct and commission the Jack County Generating Facility Unit 2 near Bridgeport for Brazos Electric Power Cooperative. (FLR)

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Fluor buys two European engineering firms

Engineering and construction contractor Fluor Corp. has acquired two European-based engineering companies — UNEC Engineering NV, which is based in Antwerp, Belgium, and Europea de Ingenieria y Asesoramiento, based in Tarragona, Spain. (FLR)

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Expected stimulus spending boosts construction industry stocks

Shares of engineering and construction companies including Granite Construction Inc., URS Corp. and Fluor Corp. posted double-digit gains Monday on speculation about President-elect Barack Obama's economic stimulus plans. (GVA) (URS) (FLR)

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Expected stimulus spending boosts construction industry stocks

Shares of engineering and construction companies including Granite Construction Inc., URS Corp. and Fluor Corp. posted double-digit gains Monday on speculation about President-elect Barack Obama's economic stimulus plans. (GVA) (URS) (FLR)

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Beware the Obama stimulus bubble

... an economic stimulus package. In just the past week alone, shares of construction-management firm Fluor Corp (). have gained 17% and energy-engineering company Shaw Group () has skyrocketed 22%Some of these stocks began to run up even before the election in the hopes of an Obama victory. Shares of contractor and construction materials maker Granite Construction () are up nearly 70%...

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Deals: To Canada and Beyond

Meanwhile, a ripple in mid-sized deals announced just today seems to foreshadow more activity for when this week's tally is reported. The largest was diversified health care-products company Johnson & Johnson saying it would pay $438 million for Omrix Biopharmaceuticals Inc. In the defense sector, L-3 Communications agreed to acquire Chesapeake Sciences Corp., a maker of anti-submarine warfare...