Shaw Group Inc. (SHAW) - NYSE
SHAW is defunct.
  • Jul. 16, 2014, 8:35 AM
    | Jul. 16, 2014, 8:35 AM
  • Oct. 25, 2013, 5:42 PM
    • Greenland's parliament has removed a 25-year-old ban on uranium mining, paving the way for an industrial boom the Arctic island hopes will help it gain independence from Denmark.
    • Greenland wants to boost its mining of rare earths, but uranium often is found mixed into rare earths, so the ban was blocking key mining activity.
    • One rare earth deposit being explored by Greenland Minerals (GDLNF) could be the largest outside China; the company thinks it could extract up to 40K tons/year of rare earth metals.
    • Rare earths: REMX, REE, MCP, SHZ, AVL, GSM.
    • Uranium: URA, NLR, BWC, SHAW, URS, FLR, LTBR, URG, UEC, URRE, USU, DNN, CCJ.
    | Oct. 25, 2013, 5:42 PM
  • Jan. 7, 2013, 5:21 AM
    As planned, Toshiba (TOSYY.PK) has bought Shaw's (SHAW) 20% stake in Westinghouse Electric for Y125B ($1.4B), taking the Japanese company's holding in the U.S. nuclear-power unit to 87%. Toshiba said in December that it's negotiating with three potential investors to sell up to 16% of Westinghouse.
    | Jan. 7, 2013, 5:21 AM
  • Jan. 1, 2013, 6:28 AM

    Shaw (SHAW) CEO James Bernhard last week sold 0.99M of his 1.13M shares in the company after investors approved its sale to Chicago Bridge & Iron (CBI) in a $3B deal. Bernhard has been criticized by Denali Investors, which owns 1.1% in Shaw, for agreeing on a price that was too low. Denali wants a special committee to probe Bernhard for a possible conflict of interest, speculating that he may have political ambitions that influenced the timing the sale.

    | Jan. 1, 2013, 6:28 AM
  • Oct. 19, 2012, 8:13 AM
    Shaw Group (SHAW): Q3 EPS of $1.86 beats by $0.5. Revenue of $1.46B in-line. (PR)
    | Oct. 19, 2012, 8:13 AM
  • Oct. 19, 2012, 12:05 AM

    Notable earnings before Friday’s open: APD, BHI, BPOP, CALL, CBE, FHN, FNFG, GE, HON, IR, KSU, MCD, MMR, PH, SHAW, SLB, TCB

    | Oct. 19, 2012, 12:05 AM
  • Oct. 18, 2012, 5:30 PM

    Notable earnings before Friday’s open: APD, BHI, BPOP, CALL, CBE, FHN, FNFG, GE, HON, IR, KSU, MCD, MMR, PH, SHAW, SLB, TCB

    | Oct. 18, 2012, 5:30 PM
  • Oct. 10, 2012, 3:25 AM

    Toshiba agrees to acquire Shaw's (SHAW) 20% stake in nuclear power-plant company Westinghouse Electric for Y125B ($1.6B), thereby lifting the Japanese conglomerate's holding to 87%. Toshiba has also received interest from new potential partners about buying a stake in Westinghouse, although Toshiba wants to maintain a majority holding. (PR)

    | Oct. 10, 2012, 3:25 AM | 1 Comment
  • Sep. 19, 2012, 6:09 AM

    Japan's cabinet backtracks on plans to phase out nuclear power by 2040, deciding to take the proposals "into consideration" when deciding energy policy rather than giving them formal approval. The plans have met strong opposition from business, which fears increased electricity bills and an unstable electricity supply.

    | Sep. 19, 2012, 6:09 AM | 11 Comments
  • Sep. 14, 2012, 8:15 AM
    Japan's government says it will phase out nuclear power by the 2030s, marking a major policy shift and the first formal decision to retreat from atomic energy since the Fukushima disaster 18 months ago. Japan aims to triple the share of renewable power to 30% of its energy mix, but it is sure to remain a top importer of oil, coal and gas for the foreseeable future.
    | Sep. 14, 2012, 8:15 AM
  • Jul. 31, 2012, 5:20 PM
    Analysts aren't sold on the $3B deal combining Chicago Bridge & Iron (CBI) and Shaw Group (SHAW), as the companies have seen five downgrades between them. CBI had been viewed as a high-quality, low-risk investment, but Shaw's "lumpier results and inconsistent profitability" and exposure to nuclear power adds extra risk to its business.
    | Jul. 31, 2012, 5:20 PM
  • Jul. 30, 2012, 1:33 PM
    Suspicions of insider trading surround CB&I's (CBI) $3B acquisition of Shaw Group (SHAW) after a trader today made a big paper return on 2000 August $29 options that he or she bought bought on Thursday for $0.25 each. With Shaw's shares +55% to $41.40 the calls are worth $12.40.
    | Jul. 30, 2012, 1:33 PM | 3 Comments
  • Jul. 30, 2012, 10:40 AM

    Fluor (FLR +0.1%) gives back most of an early pre-market pop following the announcement earlier that CB&I (CBI -14%) was acquiring Shaw (SHAW +58%) for $46 per share - a 72% premium from Friday's $26.69 close. Other peers with similar moves on the news today: URS +1%, KBR +0.8%, JEC +0.2%, ACM +1% and TTEK +0.7%.

    | Jul. 30, 2012, 10:40 AM
  • Jul. 30, 2012, 9:10 AM
    Premarket gainers: SHAW +65%. CDTI +60%. VRML +14%. ATPG +11%. OCZ +11%. BBY +8%. EXEL +5%. ACI +5%. MDR +5%.
    Losers: PGNX -44%. SLXP -12%. STP -11%. CBI -10%.
    | Jul. 30, 2012, 9:10 AM
  • Jul. 30, 2012, 8:05 AM

    More on CB&I (CBI -5.4%) acquisition of Shaw (SHAW] +66%): the deal, which is worth ~$3B, will create a company with 50K employees, a backlog of over $28B, and engineering and fabrication facilities on all continents. The firm will "become fully diversified across the entire energy sector." CB&I will use both companies' cash and $1.9B in debt to finance the agreement. Shaw will operate as CB&I Shaw.

    | Jul. 30, 2012, 8:05 AM
  • Jul. 30, 2012, 7:48 AM

    CB&I (CBI) has agreed to acquire Shaw Group (SHAW) for $46 a share in cash and stock. Shaw's close on Friday was $26.69; shares are +71% premarket.

    | Jul. 30, 2012, 7:48 AM
Company Description
The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation and facilities management services to a diverse client base that includes multinational and national oil companies and... More
Industry: Heavy Construction
Country: United States