Must-know: Mid-cap companies that issued high-yield debt lately
AECOM Technology (ACM) is an engineering and construction company. It had the week’s largest issue. ACM plans to use the proceeds from the issue to repay existing debt.
Why Did Jacobs Engineering Group’s Income Fall in 4Q15?
Jacobs Engineering Group (JEC) has a market cap of $5.4 billion. The company’s year-to-date price movement was a mix of rises and falls in fiscal 2015.
Fluor Corporation’s Revenue Fell while Income Rose in 3Q15
After Fluor Corporation’s 3Q15 earnings report, which showed an 8.8% drop in revenue, FLR fell by 1.4% to close at $46.55 per share on October 29, 2015.
Jacobs Engineering Stock Reacted to Trump’s Victory
After Donald Trump won the US presidential election, Jacobs Engineering (JEC) rose 9% on November 9. For now, the benefits are just speculation.
Rosenstein’s JANA Partners buys an activist stake in URS Corp.
Barry Rosenstein’s hedge fund JANA Partners disclosed a new position in URS Corp. (URS) at the end of February 2014. URS is an international provider of engineering, construction, and technical services.
KBR Stock: Performance and Outlook
KBR has an assorted mix of business portfolios, which helps it combat cyclicality associated with any single market.
Jacobs Engineering Has Been a Super Stock in 2016
Among the ratings listed in Thomson Reuters, ten analysts have a “hold” rating on Jacobs Engineering, five have a “buy” rating, and two have a “sell” rating.
How Does Jacobs Engineering Group Compare to Its Peers?
The First Trust ISE Global Construction and Engineering ETF (FLM) invests 2.9% of its holdings in Jacobs Engineering Group.
How Does Fluor Corporation Compare to Its Peers?
Fluor Corporation is way ahead of its ETFs based on PBV ratio. The PBV ratios of FLR, FLM, FXR, RPV, and RGI are 2.2x, 1.4x, 2.2x, 1.1x, and 3.0x, respectively.
Greenlight exits position in Computer Sciences Corporation
Greenlight Capital exited a position in Computer Sciences Corporation (CSC). The position accounted for 2.05% of the fund’s portfolio for the second quarter that ended in June.
Greenlight acquires stake in NorthStar Asset Management
Greenlight disclosed a new position in NSAM. The position accounted for 1.21% of the fund’s portfolio for the third quarter that ended in September.
Highlights of David Einhorn’s Greenlight Capital’s 3Q 13F
Activist investor David Einhorn’s Greenlight Capital’s recent 13F filing revealed new positions and disposals during the third quarter that ended in September.