Key Developments: Chicago Bridge & Iron Company NV (CBI)
63.70USD
21 May 2013
$0.29 (+0.46%)
$61.76
$63.50
$64.24
$62.64
2,154,564
2,035,269
$64.67
$32.48
Latest Key Developments (Source: Significant Developments)
Chicago Bridge & Iron Company NV Declares Interim Common Stock Dividend
Chicago Bridge & Iron Company NV announced that it has declared an interim dividend on common stock of $0.05 per share, payable June 28, 2013, to shareholders of record as of June 14, 2013. Full Article
Chicago Bridge & Iron Company NV Reaffirms FY 2013 Revenue Guidance-Conference Call
Chicago Bridge & Iron Company NV expects increasing project activity in each of the operating groups to continue throughout fiscal 2013 providing sequential quarterly revenue growth consistent with the underpinning of the previously announced fiscal 2013 guidance of $10.7 billion to $11.2 billion. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $11.2 billion for fiscal 2013. Full Article
Chicago Bridge & Iron Company NV Announces Contract in Australia
Chicago Bridge & Iron Company NV announced it has been awarded a contract valued in excess of USD80 million by JKC Australia LNG Pty Ltd. The scope of work includes the engineering, procurement, construction and pre-commissioning for non-cryogenic storage tanks for the Ichthys Project LNG facilities in Darwin, Northern Territory, Australia. Full Article
Chicago Bridge & Iron Company NV Announces To Acquire Technology Business From Phillips 66
Chicago Bridge & Iron Company NV announced that it has entered into an agreement with Phillips 66 to acquire the company's E-Gas Technology business. The E-Gas solids gasification technology is a process to convert coal or petroleum coke (petcoke) into syngas, which can be used for power generation or further converted to substitute natural gas, hydrogen and downstream methanol-related chemicals production. Financial terms of the transaction were not disclosed. Full Article
Chicago Bridge and Iron Company NV Announces Contract In Asia
Chicago Bridge and Iron Company NV announced that it has been awarded a contract valued in excess of USD180 million for the engineering, procurement, construction and commissioning work for LNG storage tanks on a project in Asia. Project completion is scheduled for 2015. Full Article
Chicago Bridge and Iron Company NV Declares Interim Common Stock Dividend
Chicago Bridge and Iron Company NV announced that it has declared an interim dividend on common stock of $0.05 per share, payable March 28, 2013 to shareholders of record as of March 18, 2013. Full Article
Chicago Bridge and Iron Company NV Completes Shaw Group Acquisition
Chicago Bridge and Iron Company NV announced that it has completed the acquisition of The Shaw Group. CB&I and Shaw shareholders overwhelmingly approved the transaction in December 2012. Full Article
Chicago Bridge and Iron Company NV Announces Offshore Award
Chicago Bridge and Iron Company NV announced that it has been awarded a project valued in excess of US$250 million by Daewoo Ship building & Marine Engineering Co, Ltd. (DSME). This is a fourth quarter 2012 award. CB&I's scope of work, which will commence in the first quarter, includes detailed engineering design services for the Mariner Topsides project that is part of the Mariner oil field development project being operated by Statoil in the UK North Sea. Full Article
TOSHIBA CORP In Talks With Three Firms To Sell Part Of Westinghouse Stake Including Chicago Bridge And Iron Company NV-Reuters
Reuters reported that TOSHIBA CORP is in talks with three parties, including U.S. engineering firm Chicago Bridge and Iron Company NV to sell a portion of its stake in its nuclear power unit Westinghouse. Toshiba CEO Norio Sasaki told Dow Jones Newswires in a interview that the firm is in discussions to sell up to a 16% stake in Westinghouse, in which the Japanese company currently owns a 67% stake. Full Article
Chicago Bridge and Iron Company NV Receives Esso Longford Gas Conditioning Plant Project Contract
Chicago Bridge and Iron Company NV (CB&I)announced that it has been awarded a contract, valued at approximately USD550 million, by Esso Australia Resources Pty Ltd for work at its Longford, Victoria, Australia site. CB&I's work scope includes the engineering, procurement, fabrication, and construction of the Longford Gas Conditioning Plant, which is designed to handle 400 million cubic feet per day of gas from the Kipper, Tuna and Turrum fields in Bass Strait. Full Article
Berkshire reveals CB&I stake, adds to Wells Fargo
- Warren Buffett's Berkshire Hathaway Inc on Wednesday revealed a new investment in Chicago Bridge & Iron Co and said it has added to its largest equity holding, Wells Fargo & Co.
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