Log in to your IBTimes Account

close
ID
Password

Opening Glance: Construction companies open mixed



16 May 2008 @ 10:46 am EST

NEW YORK (AP) - Shares of construction and engineering companies opened mixed as the broader markets slipped following a report that consumer confidence hit a 28-year low while oil prices surpassed $127 a barrel.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
MDR 57.4 -3.31
KBR 31.85 -1.22
FLR 179.92 -0.04
PCR 27.23 -0.72

SYMBOL LOOKUP

On the positive side, McDermott International Inc. said Friday a subsidiary was awarded a $7 million contract to provide emissions control equipment for Great River Energy.

Here's how some shares of construction and engineering companies are faring:

McDermott International, up $1.63, or 2.8 percent, to $60.17.

KBR Inc., up 27 cents to $34.93.

Fluor Corp., down $1.82 to $189.82.

Perini Corp., down $1.54, or 3.7 percent, to $40.51.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

More News

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register


advertisement
More Industries
Surging fuel and raw material prices are putting earnings at risk
Britain's High Court has ruled that Pringles are not a potato snack, and thus are not subject to value-added tax. Friday's ruling by Justice Nicholas War...
Oil prices fell more than $1 a barrel Friday from record levels set a day earlier on hopes that tensions surrounding Iran's nuclear program could ease an...

Advertisement
Corporate Website Design

Professional Website Design For Corporate - Get a Free Quote Today

Latest Investing Research Reports

Find the most up to date research from leading investment firms to make the most informed investing decisions

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives