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Foster Wheeler (FWLT), being exposed to the engineering and construction industry, has seen its stock punished through the global recession. The stock had an over 80% max drawdown, from peak to trough over the past decade. After bottoming out in early 2009, FWLT is up only 20%, while the Dow Jones Industrial Average is up over 85%.

The weak stock price corresponds with the drop in revenues and net income since 2008. Like the stock price, both revenues and net income have not recovered to anywhere close to 2008 levels. Matter of fact, the trend has been steadily lower, except for a slight turnaround in 2011 from 2010 levels. EPS have been steadily lower...

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