International Business News - CBI http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Chicago Bridge & Iron Co. said Tuesday U.S. regulators approved a divestiture as a way of resolving antitrust concerns over its 2001 acquisition of assets owned by rival Pitt-Des Moines Inc. http://www.ibtimes.com/articles/20081202/ftc-approves-cb-i-divestiture-to-matrix-services.htm Tue, 02 Dec 2008 08:09:25 EST Among the earnings stories for Tuesday, Oct. 28, from AP Financial News: NEW YORK (AP)--DreamWorks Animation SKG Inc. said Tuesday that its third-quarter profit fell 21 percent as revenue slipped despite the strong performance of Kung Fu Panda, but the results topped Wall Street's expectations and shares jumped in after-hours trading. http://www.ibtimes.com/articles/20081028/earnings-roundup-dreamworks-centex.htm Tue, 28 Oct 2008 18:41:27 EDT Chicago Bridge & Iron Co., an engineering and construction services company, on Tuesday lowered its 2008 outlook after reporting its third-quarter profit fell due to an $86 million charge for expected cost overruns at two projects in the U.K. http://www.ibtimes.com/articles/20081028/chicago-bridge-lowers-2008-outlook.htm Tue, 28 Oct 2008 18:14:53 EDT Chicago Bridge & Iron Co. on Tuesday reported that its third-quarter profit fell, hampered by an $86 million pretax charge for expected cost overruns at two large liquefied natural gas projects in the U.K. http://www.ibtimes.com/articles/20081028/chicago-bridge-iron-3q-profit-falls.htm Tue, 28 Oct 2008 17:54:30 EDT Engineering and construction services company Chicago Bridge & Iron Co. has been awarded a contract by Westinghouse Electric Co. worth more than $150 million to build two nuclear power containment vessels. http://www.ibtimes.com/articles/20081027/cb-i-to-build-2-nuclear-containment-vessels.htm Mon, 27 Oct 2008 07:44:14 EDT Among the earnings projection stories for Friday, Oct. 17, the AP Financial News: WASHINGTON (AP)--Satyam Computer Services Inc. on Friday lowered its revenue projection but raised its earnings estimates for fiscal 2009. http://www.ibtimes.com/articles/20081017/outlook-roundup-satyam-computer-cb-u.htm Fri, 17 Oct 2008 18:35:40 EDT Engineering and construction services company Chicago Bridge & Iron Co. is taking an $86 million provision for cost overruns tied to liquefied natural gas projects in the United Kingdom. http://www.ibtimes.com/articles/20081017/cb-i-takes-86m-provision-for-gas-projects.htm Fri, 17 Oct 2008 15:59:42 EDT Engineering and construction company Chicago Bridge & Iron Co. said Monday it has filed with the Federal Trade Commission to resolve ongoing legal issues related to the company's 2001 acquisition of some assets of steel distributor Pitt-Des Moines Inc. http://www.ibtimes.com/articles/20080915/chicago-bridge-iron-plans-to-sell-some-assets.htm Mon, 15 Sep 2008 11:45:09 EDT Chicago Bridge & Iron Co., through its Lummus Technology business, has been awarded contracts of more than $45 million for technology licenses and basic engineering for chemical production in India. http://www.ibtimes.com/articles/20080909/cb-i-wins-45m-in-chemical-production-contracts.htm Tue, 09 Sep 2008 12:31:54 EDT Chicago Bridge & Iron Co. said its board declared a regular quarterly dividend of 4 cents. The engineering and construction company dividend is payable Sept. 30 to shareholders of record Sept. 17. http://www.ibtimes.com/articles/20080908/chicago-bridge-declares-4-cent-dividend.htm Mon, 08 Sep 2008 10:31:36 EDT The recent drop in crude oil prices has dampened investor interest in engineering and construction company stocks, leaving many trading near 52-week lows. But while lower commodity prices may have muted the sector's gains, an analyst said Friday that investors should watch companies' ability to execute in the current market rather than look solely for double-digit backlog growth. http://www.ibtimes.com/articles/20080905/sector-snap-engineering-construction-companies.htm Fri, 05 Sep 2008 15:08:41 EDT Chicago Bridge & Iron Co. said Thursday it won a contract worth more than $100 million from a major North American refiner to design and build a sulfur processing complex. http://www.ibtimes.com/articles/20080724/chicago-bridge-gets-100m-sulfur-complex-contract.htm Thu, 24 Jul 2008 10:36:44 EDT Engineering and construction services company Chicago Bridge & Iron Co. NV said Tuesday it will record a pretax charge in the second quarter due to expected cost overruns on two major liquefied natural gas projects in the United Kingdom. http://www.ibtimes.com/articles/20080715/cb-i-will-record-charge-in-2q-due-to-higher-costs.htm Tue, 15 Jul 2008 17:04:42 EDT Shares of construction and engineering companies traded higher in morning trading Thursday after Shaw Group Inc. posted a better-than-expected third-quarter profit and the broader market was lifted by strong June retail sales. http://www.ibtimes.com/articles/20080710/opening-glance-heavy-construction-climbs.htm Thu, 10 Jul 2008 10:21:20 EDT Shares of construction and engineering companies opened higher, shrugging off a downturn in the broader market as oil prices climbed after Iran test fired nine missiles. http://www.ibtimes.com/articles/20080709/opening-glance-heavy-construction-shares-rise.htm Wed, 09 Jul 2008 10:19:50 EDT Shares of construction and engineering companies closed lower on Wednesday as the broader market declined into bear market territory on sharply higher oil prices and a Commerce Department report showing May factory orders came in at their weakest level in three months. http://www.ibtimes.com/articles/20080702/closing-glance-heavy-construction-slips.htm Wed, 02 Jul 2008 16:14:11 EDT Shares of heavy construction and engineering companies fell alongside broader indexes on Wednesday, while a KeyBanc Capital Markets analyst said that lower state government spending could affect some companies in the sector. http://www.ibtimes.com/articles/20080702/sector-wrap-construction-engineering-shares-drop.htm Wed, 02 Jul 2008 14:18:20 EDT Chicago Bridge & Iron Co. said Monday it has been awarded a $90 million contract to build a hydrogen plant at a California refinery. The construction and engineering firm said the plant will be designed to meet new clean fuel standards and is expected to produce about 100 million standard cubic feet per day of hydrogen. It is expected to be completed in early 2010. http://www.ibtimes.com/articles/20080630/chicago-bridge-wins-90m-hydrogen-plant-contract.htm Mon, 30 Jun 2008 12:09:59 EDT Shares of construction and engineering companies started mixed on Monday as the broader market wobbled following a fresh spike in oil prices. Light, sweet crude touched a new record above $143 per barrel early Monday. http://www.ibtimes.com/articles/20080630/opening-glance-construction-engineering-mixed.htm Mon, 30 Jun 2008 11:57:29 EDT Shares of construction and engineering companies finished mixed as the broader market declined amid a record-breaking spike in oil prices and continued concern over the financial sector. http://www.ibtimes.com/articles/20080627/closing-glance-heavy-construction-shares-mixed.htm Fri, 27 Jun 2008 16:14:37 EDT