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ArchiveEurope Driving Volatility (SBUX, FLR, HANS, GRPN, LEDS, MTZ)Posted by Geoff Seiler at 4:48PM on November 4th
Stocks fell on the day as a weaker-than-expected jobs report and a continued focus on Europe weighed on equities. Greece will remain in the headlines over the weekend, as the country’s prime minister faces a confidence vote, which if he…  This Is Not 2008 (FSLR, FLR, NILE, DLB, WWWW, IPSU)Posted by Geoff Seiler at 5:08PM on August 5th
Watching the market today was like riding a rollercoaster, with some twist and turns along with some rapid ascents and quick declines — and afterwards you were left with a bit of a queasy feeling. Economic fears remain rampant, but… Construction Data Lifts Markets But Can’t Help Infrastructure Plays (FLR, JEC, MDR, CBI, GLDD, ICA, CAEI)Posted by Ryan Patel at 11:46AM on June 1st
The market pared losses and moved higher today, as the Commerce Department reported a 2.7% gain in construction spending in April. The gain was the largest since August 2000, according to coverage from the Associated Press, and the number came… Goldman Mixed On Construction Names (FLR, CBI, FWLT, JEC, MDR)Posted by Ryan Patel at 10:36AM on May 27th
Goldman Sachs adjusted its ratings on a pair of construction names this morning. Citing valuation and the possibility of a 2011 earnings beat, Goldman upgraded Fluor (FLR) from to Buy from Neutral, while keeping Chicago Bridge & Iron (CBI) on its Conviction… Investors Search For Bearings (FLR, CHD, PCLN, NUAN, KRY)Posted by Jim Ambrosio at 4:42PM on May 11th
It was an up and down day on Wall Street with stocks finally ending mixed. After the big losses and gains of the past several sessions tied to the problems and possible solution with Europe’s sovereign debt crisis, a seesaw… Consumer Sentiment: Actions Speak Louder Than WordsPosted by Geoff Seiler at 4:37PM on February 26th
Stocks edged up to close the week on a light trading day as snow once again fell on Wall Street. The news was mixed today, with GDP revised upward and retail earnings once again coming in strong, but consumer sentiment… Oilman Pickens’ Slimmed Down Portfolio Rebounding in 2009Posted by Max Magee at 9:05AM on July 22nd
Don’t look now, but after a nearly disastrous 2008, many of the positions in legendary oilman T. Boone Pickens’ slimmed down 2009 portfolio are posting outsized gains. 2008 was a brutal year for Pickens. BP Capital, his energy-focused hedge fund, had… Engineering Stocks: StimulatedPosted by Max Magee at 12:50PM on June 29th
Global economic stimulus efforts are supporting the engineering and construction industry. Economic stimulus efforts from the United States and China are helping the heavy construction and engineering sector, which had been beat up in the global economic downturn. Today, analyst Sterne… |
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