Weyerhaeuser Co. (WY) completed the divestiture of its Cellulose Fibers business to International Paper Company (IP) for $2.2 billion cash, subject to post-closing modifications.
Keeping positive momentum in mind, we may zero-in some construction stocks that have gained in the current mixed scenario and have the potential to gain further before mortgage rates start rising.
Jacobs Engineering Group Inc. (JEC) recently inked a feasibility study deal with Borealis in a bid to further strengthen the long-standing relation between the companies.
Chicago Bridge & Iron (CBI) secured a contract with Puget Sound Energy worth over $200 million.
Renowned construction company Jacobs Engineering Group Inc. (JEC) continues to strengthen its portfolio with a string of contract wins.
Strength in consumption expenditure and higher business investment powered this unexpectedly high increase in GDP.
Time for a Little Pullback?
On Monday, shares of the Herzfeld Caribbean Basin Fund (CUBA) rallied 18% in pre-market trading as a result of Fidel Castro's death over the weekend.
On Nov 28, 2016, Zacks Investment Research upgraded Jacobs Engineering Group Inc. (JEC) to a Zacks Rank #3 (Hold) from a Zacks Rank #4 (Sell).
Last Friday's session closed the Thanksgiving week on a bullish note with the NASDAQ Composite ending at 5,398.92, up 0.34%; the Dow Jones Industrial Average edging 0.36% higher, to finish at 19,152.14;...
Jacobs Engineering Group Inc. (JEC) recently secured a $350 million indefinite quantity/indefinite delivery curative action contract from the U.S. Army Corps of Engineers New England District (USACE NAE)....
EMCOR (EME) hit a fresh 52-week high of $71.60 on Nov 23. Let's take a look at some of the growth drivers of the company.
The Zacks Analyst Blog Highlights: EMCOR Group, MasTec, Simpson Manufacturing, Gibraltar Industries and LafargeHolcim
Housing starts climbed 25.5% in October as builders ramped up construction of both single and multi-family homes
Jacobs Engineering Group Inc. (JEC) secured a contract from Exxon Mobil Corporation (XOM), for an undisclosed amount.
The Zacks Analyst Blog Highlights: Willdan Group, Gibraltar Industries, MasTec and Comfort Systems USA
New Highs for the Holidays?
The Zacks Analyst Blog Highlights: Best Buy, Willdan Group, MasTec, Preferred Apartment Communities and Gaming and Leisure Properties
The emphasis on building up infrastructure "second to none" puts the spotlight squarely on stocks related to the sector.
Shares of MasTec, Inc. (MTZ) reached a new 52-week high of $37.25 on Nov 14, before closing lower at $36.70.