|Bid||0.00 x 1400|
|Ask||0.00 x 3200|
|Day's Range||1.05 - 1.18|
|52 Week Range||0.83 - 7.66|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 6, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.60|
Babcock & Wilcox Enterprises, Inc. (BW) announced today that it has closed the sale of its MEGTEC and Universal industrial services business to Dürr AG for $130 million, subject to adjustment. Headquartered in Barberton, Ohio, Babcock & Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets, and has been transforming our world for 151 years.
Babcock & Wilcox Enterprises, Inc. (BW) (“B&W”) announced that the Committee on Foreign Investment in the United States (CFIUS) has completed its review of the company’s previously announced sale of its MEGTEC and Universal businesses to Dürr AG (“Dürr”) and determined that there are no unresolved national security concerns with respect to the sale. Babcock & Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets and has been transforming our world for 151 years.
Babcock & Wilcox Enterprises, Inc. (BW) (B&W) announced today it has reached an agreement with joint venture developers Industrial Commercial Properties LLC (ICP) and Industrial Realty Group, LLC (IRG) to lease new office space in the renovated East End development in Akron, Ohio, and that its Barberton and Copley operations will relocate to this new space in 2019. The lease agreement is for an initial term of 15 years. Additionally, B&W announced it is relocating its corporate headquarters to Ohio from Charlotte, N.C.
Babcock & Wilcox Enterprises, Inc. (BW) announced today that it has closed its previously announced sale of Palm Beach Resource Recovery Corporation (PBRRC) to a subsidiary of Covanta Holding Corporation for $45 million, subject to adjustment. Net proceeds from the sale will be used to reduce balances under B&W’s revolving credit facilities and for working capital purposes. PBRRC provides O&M services to the Solid Waste Authority (SWA) of Palm Beach County for two waste-to-energy facilities located in West Palm Beach, Fla., which were designed and built by B&W and its project partners.
Babcock & Wilcox Enterprises, Inc. (B&W) (BW) announced today that Kenneth Siegel has been appointed to its Board of Directors. Mr. Siegel is an accomplished business executive with more than 20 years of experience as a senior leader of major corporations. Mr. Siegel’s appointment is effective immediately, and he will be appointed to one or more Committees of the Board at a later date.
New York, NY, based Investment company Steel Partners Holdings L.p. buys Babcock & Wilcox Enterprises Inc, The Hain Celestial Group Inc during the 3-months ended 2018-06-30, according to the most recent ...
On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of $2.12. Losses, adjusted for asset impairment costs and to account for discontinued operations, came to 25 cents per ...
MORRISTOWN, N.J., Aug. 9, 2018 /PRNewswire/ -- Covanta Holding Corporation (CVA), a world leader in sustainable waste and energy solutions, today announced its agreement to purchase a subsidiary of Babcock & Wilcox Enterprises, Inc. (BW) with the operating and maintenance contracts for two Energy-from-Waste (EfW) facilities in Palm Beach County, Florida for $45 million. The facilities are owned by the Solid Waste Authority (SWA) of Palm Beach County and have a combined capacity of 1.7 million tons per year.
Babcock & Wilcox Enterprises, Inc. (BW) (the “Company”) expects to host a conference call and webcast on Thursday, August 9, 2018 at 5:00 p.m. ET. President and Chief Executive Officer, Leslie C. Kass, and Interim Chief Financial Officer, Joel Mostrom will discuss the Company’s second quarter 2018 results. The listen-only audio of the conference call will be broadcast live via the Internet at www.babcock.com.
Stock Research Monitor: AETI, ATKR, and BW LONDON, UK / ACCESSWIRE / July 26, 2018 / If you want a free Stock Review on AOS sign up now at www.wallstequities.com/registration . WallStEquities.com follows ...
WallStEquities.com shifts focus on the Industrial Electrical Equipment space, which produces electrical products that generate, distribute, and use electrical power. Under observation this morning are these four equities: A. O. Smith Corp. (NYSE: AOS), American Electric Technologies Inc (NASDAQ: AETI), Atkore International Group Inc. (NYSE: ATKR), and Babcock & Wilcox Enterprises Inc. (NYSE: BW).
Babcock & Wilcox Enterprises, Inc. (B&W) (BW) announced that it had signed a definitive agreement to sell its MEGTEC and Universal businesses to Dürr AG (“Dürr”) for $130 million, subject to adjustment. As part of the Dürr organization, these businesses will be well positioned to continue to serve their customers around the world with high-quality products. Headquartered in Charlotte, N.C., Babcock & Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets, and has been transforming our world for over 150 years.
Babcock & Wilcox Enterprises, Inc. (“B&W”) (BW) confirmed that it had received a non-binding indication of interest from Steel Partners, which beneficially owns 17.8% of B&W’s outstanding common stock, to acquire B&W in a transaction in which B&W shareholders would receive between $3.00 and $3.50 per share in cash. The non-binding indication of interest assumes the acquisition of all of B&W’s businesses, including its MEGTEC and Universal businesses. B&W said that its Board of Directors will review the Steel Partners non-binding indication of interest to determine the course of action it believes to be in the best interests of B&W and its stockholders.
The Shuman Law Firm announces that it is investigating potential shareholder claims against certain officers and directors of Babcock & Wilcox Enterprises, Inc. (“Babcock & Wilcox” or the “Company”) (NYSE: BW). Babcock & Wilcox provides fossil and renewable power generation and environmental equipment for the power and industrial markets worldwide. The Firm’s investigation relates to allegations raised in a purported class action lawsuit filed against Babcock & Wilcox over alleged securities laws violations which was recently upheld by a federal judge in North Carolina at the motion to dismiss stage.