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CBI Market Currents
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April 25 Chicago Bridge & Iron (CBI +1.1%) gains despite posting a Q1 result that missed estimates yesterday. Net earnings actually rose 18% Y/Y, led by growth at its project engineering and construction business. UBS' Steven Fisher says the quarter was hurt by lower than expected Steel Plate revenue and Lummus Tech income plus higher SG&A, but margins were better than expected and revenues should ramp up going forward.
Comment![Earnings, On the Move]
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at CNBC.com (Mar 23, 2012)
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at CNBC.com (Mar 13, 2012)
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at CNBC.com (Mar 7, 2012)
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at MarketWatch.com (Feb 23, 2012)
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at CNBC.com (Nov 15, 2011)
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Company Description
Founded in 1889, Chicago Bridge & Iron N.V. and Subsidiaries (“CB&I” or “the Company”) is one of the world’s leading engineering, procurement and construction (“EPC”) companies and major process technology licensors, delivering comprehensive solutions to customers in the energy and natural... More