30.13 -0.02 (-0.07%)
After hours: 7:10PM EDT
|Bid||30.14 x 1200|
|Ask||30.11 x 1400|
|Day's Range||29.41 - 30.16|
|52 Week Range||28.00 - 60.60|
|Beta (3Y Monthly)||2.12|
|PE Ratio (TTM)||23.12|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||0.84 (2.11%)|
|1y Target Est||35.85|
Fluor Corporation (FLR) announced today that its board of directors has confirmed the appointment of Carlos M. Hernandez as chief executive officer (CEO) and named him a member of the board of the company. Hernandez was named as Fluor’s interim chief executive officer on May 1, 2019, in line with the company’s established succession plan following David T. Seaton stepping down. The board of directors also named John R. Reynolds as the new chief legal officer of Fluor.
Anyone researching Fluor Corporation (NYSE:FLR) might want to consider the historical volatility of the share price...
NEW YORK, May 14, 2019 -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of the following companies:.
Interim CEO of Fluor Corp (NYSE:FLR) Carlos M Hernandez bought 17,001 shares of FLR on 05/13/2019 at an average price of $29.52 a share.
NEW YORK , May 13, 2019 /PRNewswire/ -- 3M Company (MMM) Lifshitz & Miller announces investigation into possible securities laws violations in connection with 3M's reported financial and operating results ...
Moody's Investors Service downgraded Fluor Corporation's ("Fluor") senior unsecured rating to Baa2 from Baa1. At the same time, Moody's affirmed its P-2 unsecured commercial paper rating. "The downgrade of Fluor's rating and maintaining the negative outlook reflects the recent deterioration in its operating results and credit metrics due to project bidding and execution issues and the risk that weaker trends will persist over the next 12 to 18 months," said Michael Corelli, Moody's Vice President -- Senior Credit Officer and lead analyst for Fluor Corporation.
Fluor Corporation (FLR) announced that a groundbreaking event was held today for Bayer’s first-of-a-kind cell culture technology center in Berkeley, California. Fluor is providing a single point of responsibility for engineering, procurement, construction management and commissioning, qualification and validation of the facility that will produce oncology and other therapeutics. “We look forward to working with Fluor on this exciting project, and benefiting from the company’s expertise in engineering, procurement, construction management and validation — all of which will allow us to have flexible and scalable facilities for the future and enable us to bring new medicines to patients faster,” said Judy Chou, Ph.D., senior vice president and global head of Bayer Biotech.
Fluor Corp. has promoted long-time chief legal officer Carlos Hernandez to the position of interim CEO.
Fluor Corp NYSE:FLRView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for FLR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.34 billion over the last one-month into ETFs that hold FLR are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
If tariffs are imposed, which he has shown a willingness to impose before, there will be real tangible impacts -- a risk that cannot be ignored, as evidenced by the confirmation after the close that a tariff plan is now in place. Trade negotiator Lighthizer confirmed most of what was suspected for much of the day, and should the Chinese try to renegotiate much of the previous commitments, it appears those tariffs will move forward. Despite the more entrenched risks overnight, confirmation that the China Vice Premier Liu He was in fact going to make an appearance in Washington for talks Thursday single-handedly lifted futures more than 10 handles (we’ve since drifted lower, however).
Focus on high-value businesses, and efficient project execution and cost-saving initiatives will likely aid Jacobs (JEC) to post higher fiscal Q2 earnings.
** S&P 500 edges up 0.2% on the week. Strong jobs report spurs broad-based rally on Fri ** Indeed, even though the SPX has finally set a new record intraday high, a longer-term divergence remains a risk ...
It could have been worse, and for a while on Thursday, it was. The S&P 500 managed to partially cut into its intraday loss yesterday, though to only end the day down 0.21%. The market found some technical support, at least for now.United States Steel (NYSE:X) drove much of that weakness, falling nearly 6% headed into its post-close earnings report. Solid results, however, buoyed the stock back to near breakeven levels in after-hours trading. Fluor Corporation (NYSE:FLR) was Thursday's big loser though, falling 24% on an unexpected first-quarter loss and news that CEO David Seaton would be stepping down after eight years on the job.There were some winners. Zynga (NASDAQ:ZNGA) was one of them, up nearly 6% despite an earnings miss. The game-maker raised its full-year guidance.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHeaded into the end of the trading week, however, it's the stock charts of Citizens Financial Group (NYSE:CFG), Gap (NYSE:GPS) and News Corp (NASDAQ:NWS) are most worth a closer look. Here's why. Gap (GPS)Like most of its retail peers, Gap was re-victimized in 2018 as part of the next round of the retail apocalypse. The market stopped the bleeding early this year, though, and has held that line ever since. It even took a failed shot at pushing up and off that floor to restart a major, long-term rally effort. It failed though, falling back to that familiar floor. * The 10 Best Stocks to Buy for May But the potential for a surge remains in place, and the technical ceiling is well established right where it should be. The second effort to break above it could have better luck, and probably would have better luck. Click to Enlarge • The floor in question is $24.40, plotted in yellow on both stock charts. For whatever reason, traders drew a line in the sand there, and haven't yielded.• The resistance line to watch is $27, where shares have found highs since the beginning of the year with the exception of March's short-lived surge.• Though stuck on a sideways trading range, notice all the key moving average lines that have converged as of last month, and are now crossing over one another. That in itself should trigger programmed and automatic technical purchases, fueling the budding breakout. News Corp (NWS)News Corp shares had a rather rough 2018, and like most stocks, it was hit particularly hard in the fourth quarter. That looked to be a capitulation, given the bounce during the first quarter.That effort has petered out in the meantime. So far the bulls have at least been able to hold back the selling flood gates, but as of yesterday's close, NWS shares are once again teetering on a break under a well-established technical floor. And, the undertow is decidedly bearish. Click to Enlarge • That make-or-break support line is around $12.26, plotted in yellow on both stock charts. That's where News Corp shares has made all of its lows since February.• Note the surges in bearish volume when NWS tests that support around $12.26. There are clearly more would-be sellers than buyers, and there may be many more waiting in the wings.• The bigger trend of lower highs remains intact. That guideline is plotted in red on the weekly chart. Citizens Financial Group (CFG)Citizens Financial Group isn't over its most relevant technical ceiling right now. But, it's close, and a break above it wouldn't just be a big technical event. It would be a catalyst that unleashes several weeks' worth of pent-up buying. Click to Enlarge • The line in the sand is the 200-day moving average line, plotted in white on both stock charts. That line acted as a ceiling in February, but may not be able to hold the bulls back this time.• Bolstering the potential resistance around $36.40 is the straight-line resistance formed by the connection of all the major peaks going back to September. That line is plotted in yellow.• While the momentum is respectable, the buying volume behind the uptrend so far isn't impressive.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best Stocks to Buy for May * 5 Elephant-Sized Companies Warren Buffett Could Buy * 7 Cheap ETFs for Novice Investors Compare Brokers The post 3 Big Stock Charts for Friday: Citizens Financial, Gap and News Corp appeared first on InvestorPlace.
The chipmaker's quarterly results beat Wall Street profit forecasts and it expects more than $4.5 billion from a settlement deal with Apple. The oil and gas company reported a plunge in revenue and a surprise loss during the quarter.
plummeted 21% to $31.07 on Thursday after the engineering, construction and operations company missed Wall Street's first-quarter earnings expectations and announced that its CEO had been replaced. The Irving, Texas-based company posted a loss of $58.4 million, or 42 cents share, compared with a loss of $17.6 million, or 13 cents a share, a year ago. Revenue tumbled 13% to $4.19 billion, missing Wall Street's expectation of $4.78 billion.
Profit and investor confidence in the engineering and construction company has been battered in recent years as Fluor absorbed a series of write-downs on projects ranging from refineries to power plants and offshore oil platforms. The first-quarter loss “raises execution concerns,” said Sonia Baldeira, an analyst with Bloomberg Intelligence in a Thursday note.
SAN DIEGO , May 2, 2019 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP with the assistance of former California Deputy Attorney General and Special Counsel, Tiffany Johnson, Esq. , is ...
Shares of Fluor Corp. plummeted 24% in morning trade Thursday toward a near 11-year low, and putting them on track for their biggest-ever one-day drop, after the engineering, construction and maintenance company reported a surprise adjusted loss and revenue that missed expectations, provided a downbeat outlook and said its chief executive had stepped down. The net loss widened to $58.4 million, or 42 cents share, from a loss of $17.6 million, or 13 cents a share, in the year-ago period. Excluding non-recurring items, the adjusted loss per share was 14 cents, compared with the FactSet earnings consensus of 52 cents a share. Revenue fell 13% to $4.19 billion, well below the FactSet consensus of $4.78 billion, as its energy and chemicals and government business segments missed expectations while mining, industrial, infrastructure and power topped forecasts. Fluor said it expects 2019 adjusted EPS of $1.50 to $2.00, below the FactSet consensus of $2.75. Separately, CEO David Seaton has stepped down after eight years in the role. The company named Chief Legal Officer Carlos Hernandez interim CEO until a permanent replacement is found. The stock has now shed 50% over the past 12 months, while the S&P 500 has gained 11%.
After 34 years at Fluor, David Seaton is stepping down as CEO and chairman and will no longer serve as a member of the board of directors.