SmarTrend Watching for Potential Rebound in Shares of Chicago Bridge & Iron After 4.03% Loss
Comtex SmarTrend(R) - Tue Jul 29, 4:24PM CDT
Chicago Bridge & Iron (NYSE:CBI) traded in a range yesterday that spanned from a low of $60.65 to a high of $64.19. Yesterday, the shares fell 4.0%, which took the trading range below the 3-day low of $61.26 on volume of 4.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Chicago Bridge & Iron Shares Down 15.2% Since SmarTrend's Sell Call (CBI)
Comtex SmarTrend(R) - Mon Jul 28, 9:12AM CDT
SmarTrend identified a Downtrend for Chicago Bridge & Iron (NYSE:CBI) on June 13th, 2014 at $76.01. In approximately 2 month, Chicago Bridge & Iron has returned 15.19% as of today's recent price of $64.47.
Will Jacobs (JEC) Beat on Q3 Earnings with Contract Wins? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 28, 8:10AM CDT
Jacobs Engineering Group (JEC) is scheduled to release its third-quarter fiscal 2014 (ended Jun 27, 2014) results after the market closes on Jul 28.
Promises of easier nuclear construction fall short
By RAY HENRY - AP - Sat Jul 26, 10:04AM CDT
WAYNESBORO, Ga. (AP) — The U.S. nuclear industry has started building its first new plants in decades using prefabricated Lego-like blocks meant to save time and money and revive the once promising energy source.
NYSE stocks posting largest percentage decreases
AP - Fri Jul 25, 5:12PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:
Chicago Bridge & Iron Falls 9.23% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Fri Jul 25, 3:46PM CDT
Chicago Bridge & Iron (NYSE:CBI) traded in a range yesterday that spanned from a low of $61.26 to a high of $69.47. Yesterday, the shares fell 9.2%, which took the trading range below the 3-day low of $68.42 on volume of 7.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Chicago Bridge & Iron Beats Q2 Earnings on Robust Operations - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 25, 10:10AM CDT
Chicago Bridge & Iron (CBI) posted second-quarter 2014 adjusted earnings of $1.36 per share, surpassing the Zacks Consensus Estimate of $1.27 per share by 7.1%.
CB&I Reports Strong 2014 Second Quarter Results
PR Newswire - Thu Jul 24, 3:05PM CDT
CB&I (NYSE: CBI) today reported adjusted net income for the second quarter of $148.3 million, or $1.36 per diluted share, excluding integration related costs of $5.9 million, or $0.05 per diluted share. Second quarter U.S. GAAP net income was $142.4 million, or $1.31 per diluted share. Revenue for the second quarter was $3.3 billion, up from $2.9 billion in the comparable prior year period. Second quarter new awards totaled $4.2 billion, which resulted in a backlog of $31.5 billion.
Will German Equity Outflows Help These Undervalued European Stocks?
at The Street - Thu Jul 24, 9:26AM CDT
By James Dennin for Kapitall. The German stock exchange, the DAX, has almost tripled over the last few years as [...]
CB&I and Versalis Announce Agreement for New Technology Offerings
PR Newswire - Thu Jul 24, 7:00AM CDT
CB&I (NYSE:CBI) announced today a cooperation agreement by which CB&I will market and provide engineering services for Versalis' low density polyethylene (LDPE) and ethyl vinyl acetate copolymer (EVA) technologies in North America. CB&I will be able to offer both tubular and autoclave high pressure processes, which will enhance the range of products at Versalis' LDPE and EVA plants and add a high-quality product mix to meet any market needs.
Jim Cramer's 'Mad Money' Recap: Unconventional Wisdom
at The Street - Wed Jul 23, 7:05PM CDT
Should investors settle for average results? Absolutely not, Cramer says.
CB&I and Clariant's Polypropylene Catalyst Partnership off to a Successful Start
PR Newswire - Tue Jul 22, 7:00AM CDT
CB&I (NYSE:CBI) and Clariant announced today its new Ziegler-Natta (ZN) polypropylene catalyst production plant in Louisville, Kentucky, is on schedule to begin production in 2015. The plant is part of a long-term strategic partnership between Clariant's Catalysts business unit and CB&I's Lummus Novolen Technology business. Based at Clariant's largest US production hub, the state-of-the-art facility will combine innovative catalysts - jointly developed by both companies with high-capacity output to serve the fast growing polypropylene industry.
CB&I Announces Heater Award in Oman
PR Newswire - Fri Jul 18, 7:00AM CDT
CB&I (NYSE:CBI) announced today it has been awarded a contract valued in excess of $50 million by Daelim-Petrofac JV for the design and supply of delayed coking, hydrocracking, crude and vacuum heaters and a steam reformer for the Oman Refineries and Petrochemicals Company LLC (Orpic) project located in Sohar, Oman.
Chicago Bridge & Iron, China National Nuclear Corp Pen MOU - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 17, 4:30PM CDT
Chicago Bridge & Iron (CBI) recently signed a memorandum of understanding (MOU) with China National Nuclear Corporation (CNNC) in order to enhance cooperation and collaboration between the companies in the development of nuclear power plants.
Scheduled Conference Calls, Philanthropic Efforts, and Agreements - Analyst Notes on PCC, Ingersoll Rand, CB&I, Parker-Hannifin and PulteGroup
PR Newswire - Thu Jul 17, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Precision Castparts Corp. (NYSE: PCP), Ingersoll-Rand PLC (NYSE: IR), Chicago Bridge & Iron Company N.V. (NYSE: CBI), Parker-Hannifin Corporation (NYSE: PH) and PulteGroup, Inc. (NYSE: PHM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4888-100free.
CB&I Announces Contract Orders for Nuclear Power Plant Modifications and Upgrades
PR Newswire - Thu Jul 17, 7:00AM CDT
CB&I (NYSE:CBI) today announced it has been awarded contract orders by Entergy Operations, Inc. valued in excess of $100 million for project and construction management services related to the implementation of Nuclear Regulatory Commission (NRC) ordered modifications and upgrades at multiple nuclear energy facilities throughout the U.S.
CB&I and China National Nuclear Corporation to Collaborate on Nuclear Power Plant Development
PR Newswire - Wed Jul 16, 7:01AM CDT
CB&I (NYSE:CBI) today announced it has signed a memorandum of understanding (MOU) with China National Nuclear Corporation (CNNC) to facilitate enhanced cooperation and collaboration between CNNC and CB&I in the development of nuclear power plants. The areas of cooperation include operation and maintenance support services for CNNC's operating nuclear power plants in China; engineering, procurement, and construction management (EPCM) of the AP1000® nuclear power plants planned and owned by CNNC in China; international nuclear power market development; and nuclear power training programs and management personnel exchange in the U.S. and China.
CB&I Awarded Additional Technology Contracts in Oman
PR Newswire - Wed Jul 16, 7:00AM CDT
CB&I (NYSE:CBI) today announced it has been awarded additional contracts by Oman Oil Refineries and Petroleum Industries Company (Orpic) for the Liwa Plastics Project in the Sultanate of Oman. CB&I's scope of work includes the license and engineering design of three units in addition to the previously announced award for its ethylene technology and front end engineering and design (FEED) services.
Upgrade Alert for Chicago Bridge & Iron (CBI)
Comtex SmarTrend(R) - Wed Jul 16, 6:57AM CDT
Chicago Bridge & Iron (NYSE:CBI) was upgraded from Overweight to Focus List at Johnson Rice today. The stock closed yesterday at $68.38 on volume of 1.3 million shares, below average daily volume of 2.6 million. In the past 52 weeks, Chicago Bridge & Iron share prices have been bracketed by a low of $57.73 and a high of $89.22 and closed yesterday at $68.38, 18% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has remained constant.