|Bid||0.7432 x 1800|
|Ask||0.7521 x 1300|
|Day's Range||0.7156 - 0.8378|
|52 Week Range||0.7156 - 7.6600|
|Beta (3Y Monthly)||0.82|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 27, 2019 - Mar 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.50|
Babcock & Wilcox Enterprises, Inc. (B&W) (BW) announced today that its subsidiary, The Babcock & Wilcox Company, has been awarded a significant contract to provide five industrial water-tube boilers to Imperial for its Aspen oil sands project in Alberta, Canada. B&W will design and supply the five MCFM 200-120 model boilers, which feature the company’s exclusive multi-circulation boiler technology, and modularized auxiliary components to provide steam for Imperial’s steam assisted gravity drainage (SAGD) bitumen extraction operation. “As oil sands producers ramp up operations in Alberta, B&W is well-positioned to provide steam generation technologies tailored to their specific needs,” said B&W Power segment Senior Vice President Mark Low.
Babcock & Wilcox Enterprises, Inc. (B&W) (BW) announced today that its subsidiary, Babcock & Wilcox Loibl GmbH (B&W Loibl), has been awarded a contract for more than $20 million to supply a co-firing conveying system and other equipment to RWE Generation NL’s Amercentrale power plant in Geertruidenberg, Netherlands. In addition, B&W Loibl will refurbish an existing storage silo and supply auxiliary equipment. Installation of the conveyor systems is planned to begin in early 2019 and is scheduled to be completed in the fourth quarter of 2019.
Babcock & Wilcox Enterprises, Inc. (“B&W”) (BW) announced today that on November 27, 2018, it received notification from the New York Stock Exchange ("NYSE") that the Company has fallen below its continued listing criteria based on the price of B&W’s common stock. The Company has a period of six months from the date of notification, with a possible extension, to bring the 30-day average closing share price back above $1.00. Under NYSE rules, B&W's common stock will continue to be listed on the NYSE during this period, subject to the Company's compliance with other NYSE continued listing requirements.
Shares of JD.Com Inc (NASDAQ: JD) fell more than 4% in premarket trade as the Chinese online retailing giant missed third-quarter revenue expectations. Revenue for the quarter was 104.8 billion yuan, versus a consensus estimate of 106.2 billion yuan. Net income was 3.0 billion yuan, compared to 1.0 billion yuan for the same period last […] The post Stock Market News Daily Roundup November 19 appeared first on Market Exclusive.
Shares of Babcock & Wilcox Enterprises Inc. rose 4.3% in premarket trade Monday after the energy and environmental technologies company said Chief Executive Leslie Kass is leaving the company after just 9 months in the role "to pursue other opportunities." The company has named Kenny Young as its new CEO, effective immediately. Young will also remain president of B. Riley Financial Inc. Separately, the company said Lou Salamone, most recently with CityMD, was named executive vice president of finance, with the expectation that he will become chief financial officer, to succeed current interim CFO Joel Mostrom. "The executive changes put in place a proven leadership team with a combination of turnaround expertise and power industry experience and are intended to unlock value from B&W's various segments and lead to increased shareholder returns," the company said in a statement. the new management team was granted equity awards that will begin to vest when the price of B&W's stock reaches $2.25, which is 162% above Friday's closing price of 86 cents. The stock has plunged 85% year to date through Friday, while the S&P 500 has gained 2.3%.
Babcock & Wilcox Enterprises, Inc. (“B&W”) (BW) announced today that Kenny Young has been appointed Chief Executive Officer of the Company, effective immediately. Leslie Kass, who has served as Chief Executive Officer since February 2018, is leaving B&W to pursue other opportunities.
On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 63 cents. Losses, adjusted for non-recurring gains, were 83 cents per share. The power generation equipment company ...
- Continued progress toward completion of Renewable projects, despite increased estimated costs- $62 million in cost savings program underway; initial benefits realized in third qu
Babcock & Wilcox Enterprises, Inc. expects to host a conference call and webcast on Thursday, November 8, 2018 at 5:00 p.m. ET.
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.