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Chicago Bridge & Iron Company NV (CBI.N)

CBI.N on New York Stock Exchange

18.96USD
17 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Mcdermott International Says In Case Of Termination Of Deal With Cb&I Under Certain Specified Circumstances, Co To Pay Cb&I Termination Fee Of $60 Mln
Monday, 18 Dec 2017 05:25pm EST 

Dec 18 (Reuters) - Chicago Bridge & Iron Company Nv ::MCDERMOTT INTERNATIONAL- IN CASE OF TERMINATION OF DEAL WITH CB&I UNDER CERTAIN SPECIFIED CIRCUMSTANCES, CO TO PAY CB&I TERMINATION FEE OF $60 MILLION.  Full Article

Mcdermott And CB&I To Combine In Transaction Valued At $6 BLN
Monday, 18 Dec 2017 04:15pm EST 

Dec 18 (Reuters) - Mcdermott International Inc ::MCDERMOTT AND CB&I TO COMBINE IN TRANSACTION VALUED AT $6 BILLION.MCDERMOTT INTERNATIONAL INC - MCDERMOTT SHAREHOLDERS TO OWN 53% AND CB&I SHAREHOLDERS TO OWN 47% OF COMBINED COMPANY.MCDERMOTT INTERNATIONAL - COMBINED CO TO HAVE COMBINED REVENUES OF APPROXIMATELY $10 BILLION AND BACKLOG OF APPROXIMATELY $14.5 BILLION.MCDERMOTT INTERNATIONAL - CB&I SHAREHOLDERS TO BE ENTITLED TO RECEIVE 2.47221 SHARES OF CO STOCK FOR EACH SHARE OF CB&I COMMON STOCK OWNED.MCDERMOTT INTERNATIONAL - DEAL IS EXPECTED TO BE CASH ACCRETIVE, EXCLUDING ONE-TIME COSTS, WITHIN FIRST YEAR AFTER CLOSING.MCDERMOTT INTERNATIONAL INC - DEAL ALSO EXPECTED TO GENERATE ANNUALIZED COST SYNERGIES OF $250 MILLION IN 2019.MCDERMOTT INTERNATIONAL INC - ANNUALIZED COST SYNERGIES OF $250 MILLION EXPECTED IN 2019 FROM DEAL.MCDERMOTT INTERNATIONAL - DAVID DICKSON, CURRENT PRESIDENT AND CEO OF MCDERMOTT, WILL BE PRESIDENT AND CEO OF COMBINED CO.MCDERMOTT INTERNATIONAL - STUART SPENCE, CURRENT CFO OF MCDERMOTT, WILL BE CHIEF FINANCIAL OFFICER OF COMBINED COMPANY.MCDERMOTT INTERNATIONAL INC - BOARD OF DIRECTORS OF COMBINED CO WILL BE COMPRISED OF 11 MEMBERS, INCLUDING 10 INDEPENDENT DIRECTORS AND DAVID DICKSON.MCDERMOTT INTERNATIONAL INC - COMBINED CO HAS SECURED ABOUT $6 BILLION OF FULLY-COMMITTED FINANCING, LED BY BARCLAYS, CREDIT AGRICOLE CIB & GOLDMAN SACHS.MCDERMOTT INTERNATIONAL INC - TRANSACTION HAS BEEN APPROVED BY BOARDS OF BOTH COMPANIES.  Full Article

Chicago Bridge & Iron Co ‍Receives Full Notice To Proceed For Petrochemical Plant In Kazakhstan​
Monday, 11 Dec 2017 08:00am EST 

Dec 11 (Reuters) - Chicago Bridge & Iron Company Nv ::CHICAGO BRIDGE & IRON COMPANY NV - ‍RECEIVES FULL NOTICE TO PROCEED FOR PETROCHEMICAL PLANT IN KAZAKHSTAN​.  Full Article

Indian Oil selects Chicago Bridge & Iron for residue upgrading unit in Mathura, India​
Tuesday, 14 Nov 2017 08:00am EST 

Nov 14 (Reuters) - Chicago Bridge & Iron Company Nv :Chicago Bridge & Iron Co- selected by Indian Oil Corp for license, engineering design & catalyst supply for a residue upgrading unit in Mathura, India​.  Full Article

Chicago Bridge & Iron says ‍awarded a contract by Lukoil Nizhegorodnefteorgsyntez, a subsidiary of JSC Lukoil​
Thursday, 2 Nov 2017 08:00am EDT 

Nov 2 (Reuters) - Chicago Bridge & Iron Company NV ::Chicago Bridge & Iron Company NV - ‍awarded a contract by Lukoil Nizhegorodnefteorgsyntez, a subsidiary of JSC Lukoil​.  Full Article

CB&I posts Q3 earnings per share $0.10
Monday, 30 Oct 2017 04:15pm EDT 

Oct 30 (Reuters) - Chicago Bridge & Iron Company Nv :CB&I announces third quarter 2017 results.Q3 earnings per share $0.10.Q3 earnings per share view $0.50 -- Thomson Reuters I/B/E/S.Sees Q4 2017 earnings per share $0.50 to $0.60.Sees Q4 2017 revenue $1.8 billion to $2.0 billion.Q3 revenue $1.7 billion versus I/B/E/S view $1.8 billion.Chicago Bridge & Iron Company NV - ‍backlog at September 30, 2017, was $10.7 billion, compared to backlog of $13.2 billion at September 30, 2016​.Says ‍new awards in Q3 of 2017 totaled $437 million, compared to $1.7 billion in Q3 of last year​.Q4 earnings per share view $0.53, revenue view $1.84 billion -- Thomson Reuters I/B/E/S.Chicago Bridge & Iron Company NV qtrly results were impacted by unusual items totaling $49 million, or $0.31 per share​.Chicago Bridge & Iron Company NV - ‍ "anticipate a strong Q4 and first half of 2018 for new awards"​.Chicago Bridge & Iron Company NV - ‍ "experienced continued cost pressure during quarter, primarily on IPL and Calpine power projects".  Full Article

Chicago Bridge & Iron - awarded contract by Phillips 66 to increase storage capacity in Nederland, Texas​
Tuesday, 26 Sep 2017 08:00am EDT 

Sept 26 (Reuters) - Chicago Bridge & Iron Company Nv :Chicago Bridge & Iron - awarded contract by Phillips 66 to increase storage capacity at Phillips 66's liquid products terminal in Nederland, Texas​.  Full Article

CB&I says consortium between co, saipem S.P.A. awarded contract by DUQM Refinery and Petrochemicals Industries
Monday, 18 Sep 2017 08:00am EDT 

Sept 18 (Reuters) - Chicago Bridge & Iron Company Nv ::CB&I says consortium between co, Saipem S.P.A. awarded contract by Duqm Refinery and petrochemicals industries for epc package 3 for duqm refinery project.CB&I says CB&I's portion of contract is valued at approximately $140 million​.  Full Article

CB&I announces CATOFIN Technology Award for petrochemical plant in China
Monday, 11 Sep 2017 08:00am EDT 

Sept 11 (Reuters) - Chicago Bridge & Iron Company Nv :Chicago Bridge & Iron Co- ‍awarded contract by Xuzhou Haiding Chemical Technology for license,engineering design of grassroots propane dehydrogenation unit.  Full Article

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

BRIEF-Chicago Bridge & Iron Co ‍Receives Full Notice To Proceed For Petrochemical Plant In Kazakhstan​

* CHICAGO BRIDGE & IRON COMPANY NV - ‍RECEIVES FULL NOTICE TO PROCEED FOR PETROCHEMICAL PLANT IN KAZAKHSTAN​ Source text for Eikon: Further company coverage: