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Citi: Court Ruling Lifts Cloud Over Chicago Bridge & Iron Shares
Wednesday, June 28, 2017 - 1:33pm | 510A Delaware Supreme Court ruling in favor of Chicago Bridge & Iron Company N.V. (NYSE: CBI) in the company’s multibillion-dollar dispute with Westinghouse “is a significant stabilizing event for CB&I shares,” according to Citi. Westinghouse bought CB&I’s nuclear...
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Chicago Bridge & Iron, Toshiba Stocks Fall As Nuclear Construction Deal Cost Issues Continue
Wednesday, December 28, 2016 - 12:43pm | 352Shares of Chicago Bridge & Iron Company N.V. (NYSE: CBI) fell more than 6 percent on Wednesday while shares of Japan-based TOSHIBA CORP NPV (OTC: TOSBF) plummeted more than 20 percent. Chicago Bridge & Iron is a provider of services to the energy infrastructure market across the world. The...
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Four Infrastructure Stocks with Room to Run
Tuesday, May 7, 2013 - 1:28pm | 956Analysts at UBS (NYSE: UBS) expect delayed infrastructure and public works projects to pick up steam as the U.S. economy slowing regains its footing. While the pace of it has been slow so far this year, pent up demand could push things along in the second half of the year and especially in 2014....
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Seven Hot European Stocks
Tuesday, February 28, 2012 - 7:53am | 1100The European situation was the focus at this past weekend's G20 meeting. Even as a bailout of Greece seems to be all but set, several eurozone members teeter on the brink of recession. On top of that comes the backlash from Iran over sanctions due to its nuclear development efforts. See also:...
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UPDATE: Jefferies Raises PT on Chicago Bridge & Iron to $44 (CBI)
Wednesday, April 27, 2011 - 9:37am | 106Jefferies is out with its report today on Chicago Bridge & Iron (NYSE: CBI), raising its PT from $37 to $44. In a note to clients, Jefferies writes, "Chicago Bridge & Iron reported fiscal first quarter earnings of $50.5 million or $0.50/share in-line with our estimates of $50.2 million or...
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Jefferies Raises PT On Chicago Bridge & Iron To $44
Wednesday, April 27, 2011 - 7:14am | 28Jefferies & Company has raised the price target on Chicago Bridge & Iron (NYSE: CBI) from $37 to $44 and maintains its Hold rating.
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Chicago Bridge & Iron Has Solid Outlook As Energy Drives Spending
Wednesday, February 23, 2011 - 10:17am | 68According to Jefferies & Company, Chicago Bridge & Iron (NYSE: CBI) had a good quarter and has a solid outlook as energy drives spending. J.P. Morgan said that Chicago Bridge & Iron reported fiscal fourth quarter earnings of $63.2 million. “New orders reflected an increased level of...
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Goldman Sachs On U.S. Engineering & Construction
Wednesday, October 6, 2010 - 7:14am | 269Goldman Sachs published a research report on Engineering & Construction in the U.S. In the report, Goldman Sachs writes "In our view, investors should stay selective as 2011 consensus estimates still look too high for certain EI stocks (e.g., Sell rated JEC). CL-Buy CBI ($28 price target) and...