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Chicago Bridge & Iron Company NV (CBI)

CBI on New York Consolidated

9.99USD
18 Aug 2017
Change (% chg)

$0.21 (+2.15%)
Prev Close
$9.78
Open
$9.66
Day's High
$10.15
Day's Low
$9.66
Volume
5,548,847
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5,795,502
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$36.56
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$9.55

Latest Key Developments (Source: Significant Developments)

CB & I says has been awarded a contract by Técnicas Reunidas, S.A.
Monday, 14 Aug 2017 08:00am EDT 

Aug 14 (Reuters) - Chicago Bridge & Iron Company NV :Chicago Bridge & Iron Company NV - ‍co has been awarded a contract by Técnicas Reunidas, S.A for new product storage tanks​.Chicago Bridge & Iron - ‍new product storage tanks to be part of clean fuels expansion project at Saudi Aramco's refinery in Ras Tanura, Saudi Arabia​.  Full Article

Chicago Bridge & Iron reports Q2 loss per share $3.02
Wednesday, 9 Aug 2017 04:16pm EDT 

Aug 10 (Reuters) - CB&I -:CB&I announces second quarter 2017 results.Q2 loss per share $3.02.Q2 revenue $1.3 billion versus $2.2 billion.Q2 revenue view $2.47 billion -- Thomson Reuters I/B/E/S.Q2 earnings per share view $0.83 -- Thomson Reuters I/B/E/S.Chicago Bridge & Iron Company NV says company outlines cost reduction plan and suspends dividend.Chicago Bridge & Iron Company NV - ‍company outlines cost reduction plan and suspends dividend​.Chicago Bridge & Iron Company NV says reduction program expected to generate cost savings of approximately $100 million on an annualized basis.Chicago Bridge & Iron Company NV says suspension of dividend is expected to result in annual cash savings of $28 million to $30 million.Chicago Bridge & Iron - expects h2 2017 revenue to be between $3.7 and $4.0 billion and diluted earnings per share in range of $1.00 to $1.25​.  Full Article

CB&I announces intent to sell technology business
Wednesday, 9 Aug 2017 04:15pm EDT 

Aug 9 (Reuters) - Chicago Bridge & Iron Company Nv :CB&I announces intent to sell technology business.‍CB&I has retained Bank of America Merrill Lynch and Wachtell, Lipton, Rosen & Katz to advise on divestiture​.‍CB&I intends to maintain its interest in net power technology​.‍Sale intended to include former engineered products business, currently part of Cb&I's fabrication services operating group​.  Full Article

CB&I awarded storage tank contract by Venture Global LNG
Wednesday, 5 Jul 2017 08:00am EDT 

July 5 (Reuters) - Chicago Bridge & Iron Company Nv ::CB&I awarded storage tank contract by Venture Global LNG.CB&I awarded storage tank contract by Venture Global LNG.Chicago Bridge & Iron Company NV- awarded contract valued at nearly $200 million by Venture Global LNG, U.S. based liquefied natural gas export company.Chicago Bridge & Iron-under contract co to provide, on turn-key basis, 2 single-containment LNG storage tanks; construction of tanks expected to begin in 2018.  Full Article

CB&I completes sale of Capital Services Business
Friday, 30 Jun 2017 11:33am EDT 

June 30 (Reuters) - Chicago Bridge & Iron Company Nv :CB&I completes sale of Capital Services Business.CB&I will record an additional non-cash pre-tax charge of approximately $50 mln in Q2 of 2017.CB&I and Veritas Capital agreed to amend sales price to $700 mln.Expect an additional positive impact on overall business by recognizing related cost synergies.  Full Article

Chicago Bridge & Iron awarded technology contract by Shurtan Gas Chemical Complex
Wednesday, 28 Jun 2017 08:00am EDT 

June 28 (Reuters) - Chicago Bridge & Iron Company NV :Chicago Bridge & Iron Co - awarded a technology contract by Shurtan Gas Chemical Complex for a grassroots ethylene complex to be built in Southern Uzbekistan.  Full Article

CB&I awarded contract for ethane cracking furnace project
Wednesday, 21 Jun 2017 08:00am EDT 

June 21 (Reuters) - Chicago Bridge & Iron Company Nv :CB&I awarded contract for ethane cracking furnace project.Chicago Bridge & Iron Company NV - has been awarded a contract valued at approximately $40 million by e. i. Du pont de nemours and company (dupont).Chicago Bridge & Iron company NV - new cracking furnace will have an ethylene capacity of 200 million pounds per year.  Full Article

Chicago Bridge & Iron Co awarded contract by Too Hill Resources
Monday, 12 Jun 2017 08:00am EDT 

June 12 (Reuters) - Chicago Bridge & Iron Company Nv ::Has been awarded a contract by Too Hill Resources.Contract is for license and engineering design of a grassroots lube base oil plant in Shymkent, Kazakhstan.  Full Article

Chicago Bridge & Iron Company awarded contract by PT Petrokimia Butadiene Indonesia
Tuesday, 16 May 2017 08:00am EDT 

May 16 (Reuters) - Chicago Bridge & Iron Company Nv :Chicago Bridge & Iron Company NV - has been awarded a contract by PT Petrokimia Butadiene Indonesia.  Full Article

CB&I Q1 earnings per share $0.24
Monday, 8 May 2017 04:15pm EDT 

May 8 (Reuters) - Chicago Bridge & Iron Company Nv ::New awards for Q1 were $3.3 billion, as compared to $1.2 billion for Q1 of 2016.Fy2017 earnings per share view $4.20, revenue view $9.97 billion -- Thomson Reuters I/B/E/S.Backlog at end of q1 of 2017 was $19.3 billion.cb&i reports first quarter 2017 financial results.Q1 earnings per share $0.24.Q1 revenue $2.4 billion versus i/b/e/s view $2.42 billion.Q1 earnings per share view $0.93 -- Thomson Reuters I/B/E/S.Sees fy 2017 earnings per share $3.50 to $4.00.Sees fy 2017 revenue $9.5 billion to $10.5 billion.  Full Article

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Exclusive: Few foreign bids expected for Petrobras $1 billion natgas project - sources

SAO PAULO/RIO DE JANEIRO Taking aim at local corruption, Brazil is trying to get competition among global players to build a $1 billion natural gas plant, but the number of foreign bids will be smaller than anticipated due to more stringent requirements, sources said.