InvestorsHub Logo
Followers 95
Posts 14359
Boards Moderated 17
Alias Born 05/25/2004

Re: None

Monday, 09/29/2008 5:32:45 PM

Monday, September 29, 2008 5:32:45 PM

Post# of 36
Engineering shares fall as House defeats package

Monday September 29, 3:25 pm ET

Engineering shares fall after defeat by House of bailout bill

http://biz.yahoo.com/ap/080929/engineering_sector_snap.html?.v=1

NEW YORK (AP) -- Shares of engineering companies fell Monday after the House rejected a $700 billion emergency bill intended to rescue the faltering financial industry.

The Dow Jones index was off by 538 points as investors worried that credit markets will seize up without a government plan to buy up bad mortgages.

Shaw Group Inc. fell to $27.86, down by $4.79. Fluor Group Inc. tumbled to $48.22, down $7.29. Jacobs Engineering Group Inc. dropped $47.99, down $7.05. KBR Inc. was down $2.39, to $13.81. Foster Wheeler Limited fell $32, off by $5.90, and Emcor Group Inc. was down $2.57, to $25.25.






PEAK OIL #board-6609
PEAK OIL - SUSTAINABLE LIVING #board-9881
PEAK NATURAL RESOURCES #board-12910
PEAK WATER #board-12656

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent J News