Jacobs Engineering Group Inc
Chicago Bridge & Iron Stock: How It’s Performing
As of November 24, 2017, CBI stock has fallen 51% YTD due to earnings misses and a fall in profits.
KBR Stock: Performance and Outlook
KBR has an assorted mix of business portfolios, which helps it combat cyclicality associated with any single market.
How Well Is KBR Handling Its Short-Term Obligations?
As of September 30, 2017, KBR (KBR) had a total debt of $2.7 billion against $3.4 billion at the end of fiscal 2016. Nearly $1.2 billion of that is currently payable.
An Introduction to KBR
KBR (KBR), headquartered in Houston, Texas, is a comprehensive professional service and technology provider.
More about KBR’s Recent Strategic Acquisitions
Consulting and technical services On January 12, 2016, KBR (KBR) acquired three of Chematur Technologies’ engineering subsidiaries—Weatherly, Plinke, and Chematur Ecoplanning Oy—for $24.5 million. Chematur is a Swedish chemical engineering company specializing in bioethylene technologies. It is owned by China-based aniline trader and producer Connell Chemical Industry. Through subsidiary Brown & Root Industrial Services, KBR acquired MEI […]
Understanding KBR’s Inorganic Growth
KBR’s acquisitions In 2016, four significant acquisitions were made by KBR (KBR) to reorganize its technology business, industrial maintenance welding, and government services under suitable market segments. In this part, we’ll look at KBR’s government service business expansion. Wyle acquisition On July 5, 2016, KBR acquired Wyle for $579 million, using nearly $200 million in […]
Chicago Bridge & Iron: Highly Leveraged Compared to Peers
As of September 30, 2017, Chicago Bridge & Iron (CBI) had a total debt of $2.1 billion against $2.2 billion at the end of fiscal 2016.
Jacobs Engineering Posts the Highest Annual Free Cash Flows
Jacobs Engineering Group declared its 4Q16 and fiscal 2016 results on November 22. It reported adjusted EPS (earnings per share) of $0.77.
US Markets Were Turbulent, SPY’s Major Sectors Fell by 2.4%
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) fell by 2.4% and 7.1%, respectively, on Thursday, January 7, 2016.
Weak Economic Reports Took Down SPY’s Major Sectors
The Durable Goods Order report was released on Tuesday, October 27. It showed a contraction in the orders for the factory sector.