Key Developments: Fluor Corp (FLR)
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24 May 2013
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$64.93
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$44.99
Latest Key Developments (Source: Significant Developments)
Fluor Corp Reaffirms FY 2013 EPS Guidance
Fluor Corp announced that the Company is maintaining its EPS guidance for fiscal 2013 at the previously announced range of $3.85 to $4.35 per diluted share. Full Article
Fluor Corp Announces Quarterly Dividend
Fluor Corp announced that Board Of Directors has declared a quarterly cash dividend of $0.16 per share on the Company's common stock, payable July 2, 2013, to shareholders of record on June 3, 2013. Full Article
Fluor Corp's Joint Venture Signs Contract and Receives NTP on Horseshoe Project in Dallas
Fluor Corp announced that a company Joint Venture executed the contract with the Texas Department of Transportation (TxDOT) for the design, construction, and potential maintenance of the Horseshoe Project in Dallas, Texas. Pegasus Link Constructors LLC (PLC), the Fluor-led Joint Venture, was selected as the proposer for the project by TxDOT in the fourth quarter of 2012. Along with the signing of the contract, PLC received a notice to proceed (NTP) with the design phase and the construction NTP is expected shortly. Full Article
Fluor Corp Secures Clean Fuels Contract From SAPREF In South Africa
Fluor Corp announced that it was awarded a front-end engineering and design (FEED) contract by South African Petroleum Refineries (SAPREF) for Clean Fuels II Project in Durban, South Africa. The undisclosed contract value was booked in the first quarter of 2013. Full Article
Fluor Corp Secures Operations And Maintenance Contract At Arizona Solar Power Facility
Fluor Corp announced that it was awarded a five-year operations and maintenance services contract by Arlington Valley Solar Energy II, LLC (AVSE II), a member of LS Power Group, for the Company's new solar photovoltaic (PV) facility in Arizona. Full Article
Fluor Corp Settles Hanford Lawsuit
Fluor Corp announced that it was settled a lawsuit brought by a qui tam relator under the False Claims Act arising from Fluor's management of the Hazardous Materials Management and Emergency Response (HAMMER) facility. The U.S. Department of Energy (DOE) commissioned HAMMER for the training of emergency first responders. Fluor Hanford, Inc., a Fluor subsidiary, managed the HAMMER facility under a 1996 - 2009 DOE contract. The lawsuit alleged that Fluor improperly billed the Department for costs incurred to market the HAMMER facility for training of other government agencies. Full Article
Fluor Corp Reaffirms FY 2013 EPS Guidance-Conference Call
Fluor Corp announced for fiscal 2013, it expects on EPS basis, to be $3.85 to $4.35 in terms of a range. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $4.16 for fiscal 2013. Full Article
Fluor Corp Wins FEED Contract For Qatar Petroleum / Shell Al-Karaana Petrochemical Project
Fluor Corp announced that it has been awarded a front-end engineering and design (FEED) contract by Qatar Petroleum (QP) and Shell Global Solutions for a proposed grassroots petrochemical project located in Ras Laffan Industrial City, Qatar. Fluor will book the undisclosed contract value into backlog in the first quarter of 2013. The potential scope of the Al-Karaana petrochemical project includes a mix-feed steam cracker, two train monoethylene glycol units, linear alpha olefins and oxo alcohol units, and required utilities, infrastructure and offsites. Fluor will lead the FEED project execution from its Haarlem, the Netherlands, office with support from other global Fluor locations Full Article
Fluor Corp Reaffirms FY 2013 EPS Guidance
Fluor Corp announced that for fiscal 2013, it is maintaining EPS guidance at the previously announced range of $3.85 to $4.35 per diluted share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $4.17 for fiscal 2013. Full Article
Fluor Corp Announces Quarterly Dividend
Fluor Corp announced that the board of directors has declared a quarterly cash dividend of $0.16 per share on the Company's common stock, payable April 2, 2013, to shareholders of record on March 4, 2013. Full Article
Fluor profit beats Street on strong energy contracts
- Engineering company Fluor Corp posted a better-than-expected quarterly profit on Thursday, helped by contracts to build oil and natural gas facilities.
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