Shaw Group Inc. (SHAW) - NYSE
SHAW is defunct.
  • 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
  • Jun. 6, 2012, 10:43 AM

    Shaw Group (SHAW +5.1%) plans to acquire up to 50% of NET Power LLC as part of a plan to build a new type of natural gas-fired power plant. Plans call for construction and commissioning by 2014 of a 25 MW nat gas plant that will capture all emissions and generate revenue from the sale of electricity and CO2 for enhanced oil recovery.

    | Jun. 6, 2012, 10:43 AM
  • Dec. 21, 2011, 10:39 AM

    Shaw Group (SHAW +13.6%) goes on a run after knocking out an impressive FQ1 earnings beat and lifting its view for FY12. The firm says adjusted EPS will fall in a range of $2.05-$2.15, up from prior guidance of $2.00-$2.10.

    | Dec. 21, 2011, 10:39 AM
  • Nov. 8, 2011, 10:31 AM

    Shares of Shaw Group (SHAW -5.4%) fall off after the company announces a $150M cash tender offer - an amount representing close to 9% of the firm's market cap if sold to completion. The firm says the share price on the offer will fall between $22.25 and $25.25.

    | Nov. 8, 2011, 10:31 AM
  • Oct. 31, 2011, 11:35 AM

    After falling premarket on a Q3 miss and soft FY12 guidance (expected EPS of $2.00-$2.10 vs. $2.25 consensus), Shaw Group (SHAW +5.5%) has reversed course. The company's remarks about "evaluating strategic alternatives" for its struggling Energy & Chemicals division could be giving shares a lift.

    | Oct. 31, 2011, 11:35 AM | 1 Comment
  • Sep. 6, 2011, 10:26 AM

    Shaw Group (SHAW) says one of its subsidiaries will exercise put options to sell a 20% stake in Westinghouse back to Toshiba (TOSBF.PK). The firm's CEO says the move will help eliminate $1.7B of debt. Shares moved 6.9% higher following the announcement.

    | Sep. 6, 2011, 10:26 AM
  • Aug. 26, 2011, 6:54 PM

    Hurricane plays worth noting: During the six-month periods following Ivan in 2004, and Rita and Katrina in 2005, construction and remediation firms significantly outperformed the market. Shaw Group (SHAW +4.5%) and Quanex Building Products (NX +12%) each gained over 100% and 40% respectively (I, II).

    | Aug. 26, 2011, 6:54 PM | 2 Comments
  • Jul. 11, 2011, 11:07 AM

    Shaw (SHAW -4.1%) takes a hit on a Baird downgrade. The firm says earnings estimates are overdone, and margins are likely to be impacted by charges stemming from a failed project, a pending $155M lawsuit, and capex delays following a recent EPA rule finalization.

    | Jul. 11, 2011, 11:07 AM
  • Jun. 29, 2011, 9:39 AM
    SHAW is downgraded at Stifel Nicolaus following a disastrous earnings report late yesterday. The company expects to show a loss in Q3 as nuclear-related projects dry up in the wake of the TEPCO disaster. Shares -10.6%.
    | Jun. 29, 2011, 9:39 AM
  • Jun. 29, 2011, 9:00 AM

    Premarket gainers: SPRD +14%. ZZ +14%. MMR +8%. NBG +7%. LOGI +5%. BJ +5%. YOKU +5%. PMI +4%. RENN +4%. BCS +4%. BAC +4%. ING +3%. STD +3%. MTG +3%. IRE +3%. X +3%. DANG +3%. BBVA +3%. AKS +3%. MPEL +3%.
    Losers: RBY -15%. SHAW -13%. ASX -3%. KBH -3%.

    | Jun. 29, 2011, 9:00 AM | 7 Comments
  • May 20, 2011, 3:39 PM
    Shaw Group (SHAW -4.4%) shares plunge in reaction to Nuclear Regulatory Commission comments regarding technical issues surrounding the design of its AP1000 reactor that must be resolved before the NRC can consider finalizing certification.
    | May 20, 2011, 3:39 PM | 1 Comment
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