Fluor FLR

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    1. From Barron’s, December 1, 2014 (Part 1)


      Sat, 29 Nov 2014

      have been airlines, hotels, retail, and the consumer-discretionary sector. Global infrastructure engineering firm Fluor [ FLR ; -26% from high; fwd P/E 13.8; after backing out net cash, fwd P/E < 11] has fallen too much on oil concerns

    2. Fluor Ramps Up Its Share Repurchase Activity; We See It as a Good Use of Shareholder Capital


      Tue, 18 Nov 2014

      On Nov. 18, Fluor announced it was increasing its share repurchase ..... outstanding as of the end of the third quarter. Fluor plans to repurchase another $500 million ..... think this is a wise move as we consider Fluor shares to be moderately undervalued and

    3. Fluor's Backlog Remains Strong; Reducing FVE to $73 Due to Slightly Weaker Oil & Gas Outlook


      Thu, 30 Oct 2014

      After reviewing Fluor 's third-quarter results, we are lowering our fair value estimate ..... the next two or three years. We are maintaining our no moat rating. Fluor lowered the midpoint of its full-year earnings guidance to $4.20

    4. Understanding China’s Property Market


      Mon, 29 Sep 2014

      A big military contract award adds to Fluor 's robust growth prospects.

    5. Fluor's Second Quarter Supported by Strong Oil and Gas Margins; Maintaining Fair Value Estimate


      Fri, 1 Aug 2014

      After reviewing Fluor 's second-quarter results, we are maintaining ..... share as well as our no-moat rating. Fluor maintained its full-year earnings guidance ..... came from the Government segment, where Fluor received new awards totaling $3.1 billion

    6. BRIEF-Heijmans consortium selected preferred bidder for Dutch A9 motorway


      Thu, 24 Jul 2014

      * Ixas Zuid-oost, a consortium consisting of Ballast Nedam, Fluor , Heijmans and 3i Infrastructure, selected as preferred bidder for project A9 Gaasperdammerweg in Netherlands

    7. SNC's Core E&C Business Continues to Struggle; Company Lacks a Solid Capital Allocation Plan


      Fri, 9 May 2014

      which continues to lag the results of other E&C operators, especially in the oil and gas industry where competitors like Fluor have seen growing demand. EBIT from the oil and gas business was CAD -3.4 million this quarter (down from CAD 6.2

    8. Despite Record New Awards, Fluor's 2014 Results Will Likely Be Weaker Than Expected


      Fri, 2 May 2014

      After reviewing Fluor 's first-quarter results, we are maintaining ..... and gas projects ($8.8 billion); Fluor 's overall backlog also increased to ..... billion). Each of these factors confirms Fluor 's competitive strength in the oil and

    9. SNC Lavalin Expects Another Transition Year in 2014; New Growth Strategy Off to Slow Start


      Fri, 7 Mar 2014

      for example, that it expects the infrastructure and oil and gas segments to be challenging again in 2014; however, Fluor (a major E&C competitor) said it is optimistic about both of those areas of the market in 2014 and has been winning

    10. SNC Lavalin's 3Q in Line With Profit Warning Issued in October; Low Oil & Gas Activity is a Concern


      Fri, 1 Nov 2013

      year-to-date is concerning given that strong petrochemical project demand in North America has been a tailwind for competitors like Fluor . Indeed, one of the pillars of SNC's updated growth strategy is an increased focus on oil and gas projects in the Americas

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