Energy Diversification

Foster Wheeler: Best-of-Breed Stock in a Beaten Down Industry

Good discussion of the fundamentals, but not enough discussion of the financials and valuation metrics. A few ratios are tossed in at the end as an afterthough - and look like they were copied from some other source. If you've got a real projections model, you should discuss it and break it out. Not everyone on SA is inept at math.

Also, get rid of the photo taken in Mom's basement.

Shaw's Earnings Miss not Surprising

Chicago Bridge & Iron's (CBI) weak quarter and massive sell-off seems to fit in the pattern you have outlined. These guys may all take hits if global recession becomes clearer, but they may also be the ones to hold up well as energy & resource plays. Today's damage looks excessive to me.