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Questionable insider selling on the form 4's last summer and fall.
Great reversal I'm glad I was wrong$$$
URS Corp Third Quarter Earnings Sneak Peek
By Derek Hoffman | More Articles
November 01, 2012
URS Corp (NYSE:URS) will unveil its latest earnings on Tuesday, November 6, 2012. URS is an international provider of engineering, construction and technical services.
URS Corp Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.17 per share, a rise of 19.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.03. Between one and three months ago, the average estimate moved up. It has been unchanged at $1.17 during the last month. For the year, analysts are projecting net income of $4.17 per share, a rise of 18.1% from last year.
Past Earnings Performance: Last quarter, the company fell short of estimates by 7 cents, coming in at profit of 88 cents per share against a mean estimate of net income of 92 cents. The company topped expectations in the first quarter.
Earnings season is back and more important than ever. Get our newest CHEAT SHEET stock picks now
Wall St. Revenue Expectations: On average, analysts predict $2.98 billion in revenue this quarter, a rise of 20.6% from the year-ago quarter. Analysts are forecasting total revenue of $11.03 billion for the year, a rise of 15.6% from last year’s revenue of $9.54 billion.
A Look Back: In the second quarter, profit fell 19.8% to $53.6 million (72 cents a share) from $66.8 million (86 cents a share) the year earlier, missing analyst expectations. Revenue rose 14% to $2.69 billion from $2.36 billion.
Stock Price Performance: Between September 5, 2012 and October 31, 2012, the stock price had fallen $2.72 (-7.5%), from $36.20 to $33.48. The stock price saw one of its best stretches over the last year between June 25, 2012 and July 5, 2012, when shares rose for eight straight days, increasing 7.9% (+$2.57) over that span. It saw one of its worst periods between September 19, 2012 and September 26, 2012 when shares fell for six straight days, dropping 4.3% (-$1.58) over that span.
Key Stats:
On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 5.6% in the third quarter of the last fiscal year, 0.6% in the fourth quarter of the last fiscal year and 1.8% in the first quarter before increasing again in the second quarter.
Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.96 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term. The company regressed in this liquidity measure from 2.42 in the first quarter to the last quarter driven in part by an increase in liabilities. Current liabilities increased 12.9% to $1.87 billion while assets decreased 8.4% to $3.67 billion.
Analyst Ratings: There are eight out of 14 analysts surveyed (57.1%) rating URS a buy.
Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
http://wallstcheatsheet.com/stocks/urs-corp-third-quarter-earnings-sneak-peek.html/
INVESTING | 10/23/2012 @ 5:02PM |537 views
URS Corp Larger Than S&P 500 Component Teradyne
DividendChannel.com, Contributor
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In the latest look at stocks ordered by largest market capitalization, Russell 3000 component URS Corp (NYSE: URS) was identified as having a larger market cap than the smaller end of the S&P 500, for example Teradyne, Inc. (NYSE: TER), according to The Online Investor. Click here to find out the top S&P 500 components ordered by average analyst rating »
Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company’s stock. Many beginning investors look at one stock trading at $10 and another trading at $20 and mistakenly think the latter company is worth twice as much — that of course is a completely meaningless comparison without knowing how many shares of each company exist. But comparing market capitalization (factoring in those share counts) creates a true “apples-to-apples” comparison of the value of two stocks. In the case of URS Corp (NYSE: URS), the market cap is now $2.61B, versus Teradyne, Inc. (NYSE: TER) at $2.59B.
Click here to find out The 20 Largest U.S. Companies By Market Capitalization »
Below is a three month price history chart comparing the stock performance of URS vs. TER:
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Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers — much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV’s). This can have a direct impact on which indices will include the stock, and which mutual funds and ETFs are willing to own the stock. For instance, a mutual fund that is focused solely on Large Cap stocks may for example only be interested in those companies sized $10 billion or larger. Another illustrative example is the S&P MidCap index which essentially takes the S&P 500 index and “tosses out” the biggest 100 companies so as to focus solely on the 400 smaller “up-and-comers” (which in the right environment can outperform their larger rivals). And ETFs that directly follow an index like the S&P 500 will only own the underlying component of that index, selling companies that lose their status as an S&P 500 company, and buying companies when they are added to the index. So a company’s market cap, especially in relation to other companies, carries great importance, and for this reason we at The Online Investor find value to putting together these looks at comparative market capitalization daily.
At the closing bell, URS is down about 2.7%, while TER is off about 2.6% on the day Tuesday.
Flint Energy Services is the third company to have seen its credit rating bumped into investment grade in the group. Flint, an oil and gas product and service provider, was acquired by URS Corp. for $1.2 billion back in May.
Based in Canada, Flint Energy will benefit from its position with URS, which will provide it with financial support for all its outstanding financial obligations, S&P’s analysts explained. The company was upgraded to BBB- before the ratings were withdrawn (as it is now part of URS).
URS completes acquisition of oil and gas products company
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May 15, 2012
URS Corp. (NYSE: URS) completed its acquisition of Flint Energy Services Ltd. for $1.24 billion.
Under the terms of the definitive agreement announced in February, Flint shareholders received C$25.00 ($24.93) per share in cash for each Flint share. Flint has become the new Oil & Gas division of URS and will be headed by W.J. (Bill) Lingard, Flint’s former president and CEO, as the Division President. The Oil & Gas division will be based in Calgary, Alberta.
Through the acquisition of Flint, URS has added a network of approximately 80 locations in North America that support many of the largest companies operating in the oil, oil sands and gas producing regions of Western Canada and in the Southwest, Appalachian and Rocky Mountain regions of the U.S.
URS and Flint also announced that they have reached an agreement with Transfield Services Limited to continue Flint Transfield Services Limited (FT Services) as a 50-50 operations and maintenance joint venture between Transfield and the URS-owned Flint. FT Services, originally formed in 2006 as a 50-50 jointly owned company between Transfield and Flint, delivers operations and maintenance solutions to the oil and gas and petrochemical sectors in Canada.
Read more mergers and acquisitions news
On Tuesday, URS Corporation (NYSE:URS) reported its first quarter earnings and discussed the following topics in its earnings conference call. Take a look.
Oil and Gas Backlog
Alex Rygiel – FBR Capital Markets & Co.: First I wanted to thank you for breaking out oil and gas and renaming I&C to just I. I do appreciate that. Could you provide us with the oil and gas backlog from first quarter of 2011?
H. Thomas Hicks – VP and CFO: Alex its Tom Hicks. I’ll announce it later in the call. We’ll have to pull out some new segments or new reporting segment for us so we are doing with it just a minute. Why don’t we move on to your next question.
Martin M. Koffel – Chairman, President and CEO: We’ll come back.
Alex Rygiel – FBR Capital Markets & Co.: Martin, any chance you could touch upon the US pipeline design market I know you’ve commented on it in the past and clearly there seems to be a fair amount of activity in the pipeline market, could you expand upon your current involvement and subsequently with Flint the opportunity ahead.
A Closer Look: URS Earnings Cheat Sheet>>
Martin M. Koffel – Chairman, President and CEO: Bob Zaist who heads our E&C division is here and he’s pretty active in that market and I’ll have him speak and then I’ll come back commenting behind him.
Robert W. Zaist – President, Energy & Construction: Alex, if I could perhaps I could frame the market as we see it, little beyond the pipeline work with Flint. Let’s start with the oil sands work. The capital expending projections in the Canadian oil sands is expected to be around $180 billion spread over 10 years. That’s according to Peters and Company. Right now the spend is somewhere in the range of $12 billion to $14 billion a year on capital projects. That objective is to take the production capacity from about 1.5 million barrels a day up to about 3.5 million barrels a day by 2025. That’s going to present capital project opportunities for URS and the combined organization for the full EPC suite of services. The trend also is towards increasing SAGD which is steam assisted gravity drain extraction technology, that’s another area where the combined company kind of hits the sweet spot for capabilities, and about 80% of that resource is susceptible to that type of extraction. As facilities get built, then the provision of maintenance service opportunities increases for us, and if you look at the rig count in North America, the rig count in North America April to April this year to last year is up about 150 rigs, and that is again an area that is going to be a service area for the combined company. You couple that with the fact that about a year and a half or two years ago, we bought ForeRunner, which is a company that is focused on the design elements of pipeline provision services and you couple that up with Flint’s pipeline installation capabilities and then we can provide a full suite of services for EP&C.
H. Thomas Hicks – VP and CFO: Canada has got about 62,000 miles of pipeline. It’s principally concentrated in the western provinces, and Flint is active in that. It does construct pipelines up to a certain size, and the real interest for us of course is beyond that as the pipeline linking Canada with United States and there isn’t anyone in the industry who isn’t closely following the fortunes of the Keystone pipeline, and I’m sure we won’t hear much about that before the election, but I am pretty sure we’ll hear something in the first quarter.
Robert W. Zaist – President, Energy & Construction: One last quick question for Tom, have you finalized the accounting treatment for JV that you are going to be acquiring through Flint?
H. Thomas Hicks – VP and CFO: Alex, we haven’t finalized much on the accounting treatment. As you know, there’s a lot of moving parts when you do purchase accounting, but in that case, we will report to you fully how we plan to report that in the second quarter when we come back to you. Canada did go to IFRS and away from Canadian GAAP to IFRS and now we are taking them back to U.S. GAAP as part of this deal, so a lot of moving parts. I want to get back to you on our other question about the oil and gas backlog for Q1 of last year. We have not broken that out yet. We just did year-end numbers, so I can’t give you that number right now, maybe Sam can provide at some point in the future.
Infrastructure Business
Jamie Cook – Credit Suisse: Two quick questions. One, on the infrastructure business, the revenues in the quarter were a little lighter than we had thought, it makes the run rate for – to make your full year numbers a little more difficult. You talked about some projects that didn’t hit backlog yet. I am just wondering if you could sort of size that and how we think about the revenues back half weighted, is it more – in the second quarter we start to see it pickup. And then second question is just more bigger picture. Can you talk about what you are seeing in terms of new gas-fired power plant opportunities as well as what you’re seeing on the emission side in terms of prospects for bookings within power? And I’ll get back in queue after that.
Martin M. Koffel – Chairman, President and CEO: First of all, its Martin, Jamie. I am huge long-term infrastructure enthusiast as you know and I feel pretty good about our year. Revenues were down a little bit in the first quarter because we had some projects that haven’t quite started, but Gary is champion at the bid here to answer your question more directly. Gary Jandegian?
Gary V. Jandegian – President, Infrastructure & Environment Business: Jamie, we need to distinguish the two pieces of business, engineering, design and construction. Infrastructure and environment performs primarily the design work and energy and construction performs the construction. So, I’ll address the IE side of the business of your question and then I’ll ask Bob Zaist to discuss construction. Our infrastructure revenues in IE were down slightly but the backlog was up significantly and we have now historically high backlog. There is some seasonality effect in the winter months for our front end work. Of course our overtime and our summer months have longer days. So I expect the revenue to increase in the IE side of the business as notices to proceed on those new contracts are released and my confidence is bolstered by the engineering opportunities that we’re pursuing and also, our high win rate and market leadership position again as evidenced by the increase in our backlog. I will turn it over to Bob.
Robert W. Zaist – President, Energy & Construction: Jamie, I would simply tell you that directionally I think our backlog on larger projects side is improving. We had several projects last year that finished up, including the levee program down in the New Orleans area. As Gary said we’ve got seasonal issues in the first quarter. For example, at that very large Olmsted Dam program that we have is affected by high water in the spring where we can’t work out on the river and also just the general climate. As that gets better we will start to pick up through revenues later this year. We’re encouraged by some of the larger projects that we have in our pipeline and we are in process of pursuing particularly in the light rail category. Martin mentioned a design build award down in Atlanta that we just received which we will just be kicking off and we’ve got some terrific opportunities on the transit side that will hopefully materialize later this year. As we go on with the rest of your questions on the gas-fired power plant outside of the equation. The gas price stability or horizon if you will and the stability of prices I think is encouraging from the standpoint that it will allow energy users to have a better profile of what their costs are going to be for a longer horizon. We are starting to see opportunities on the combined cycle site present themselves and of course, that we’ve had a warm winter across the country. A lot of utilities are fairly challenged on the revenue side and so I think the decisions are going to be a little bit slower until they see those revenues coming back hopefully this summer. We will see some comparisons made as capital decisions are made to put those dollars into coal plants on air quality side of the equation. Whether those dollars are put from a capital standpoint into a new generation. We haven’t seen those decisions affect the air quality control projects thus far we are engaged in I believe it’s 23 projects in various stages of development. Some in the very early study stages, some actually contracted for major retrofits and we expect some of those larger projects to be rolling out as we progress this year.
Jamie Cook – Credit Suisse: Just a final comment on infrastructure one thing that gives me quite a bit of confidence in the outlook for infrastructure, is just the changing dynamics of financing. Traditionally as we’ve explained in many calls, the federal financing, the federal match for large highway projects and the like, it was 70% or 80% coming out of the highway fund, and we’ve been talking on these calls for several years about the increasing diversity and localization of funding sources, everything from local bonds to special taxes and use of fees and everything else, that’s really taken hold, and today the – overall, the average federal match is no longer 70% or 80%, it’s actually 30% which is very surprising. I know, people on the call might be quite surprised to hear that. So, that means now that something like 70% has to be derived from all kinds of diverse sources, and when the money comes from the community rather than Washington, you are much more like to get the projects built, and that’s why we have the backlog and we are confident in our infrastructure growth this year and beyond.
Did you buy more share when URS chart show me below $40.00?
~ Tuesday! $URS ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $URS ~ Earnings expected on Tuesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
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<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=URS >>>>>>
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*If the earnings date is in error please ignore error. I do my best.
MINNEAPOLIS (AP) -- A $52 million legal settlement will help Minneapolis bridge collapse victims cover lost wages and pay medical bills. It won't do anything for the missed weddings, altered college plans or horrific memories from that August day three years ago.
Monday's announcement of a settlement with engineering giant URS Corp. brought mixed emotions for some of the 145 people injured and relatives of the 13 killed. They were torn between satisfaction from getting a state contractor to make financial amends and more anguish over lives grievously changed when the Interstate 35W bridge over the Mississippi River broke apart during a steamy rush hour.
It was the final chapter in their legal fight, which already has netted money from the state and a paving contractor. All told, Minnesota and two contractors will have paid out $100 million.
But the dollars and cents only go so far.
Anne Engebretsen, whose mother Sherry died in the collapse, choked back tears as she spoke of getting married a month ago without her mother there to see it.
"The past three years have been extremely difficult but we are still here," she said. "The pain of our loss may never subside."
Garrett Ebling, a 35-year-old who suffered broken bones in his face, legs and arms, said he's staring at future surgeries and doesn't want anyone to get the impression victims are receiving a windfall.
"I don't think anybody's planning on being on 'Lifestyles of the Rich and Famous,'" Ebling said. "That's not what this is about."
The settlement averts a trial next spring that could have opened URS to punitive damages. Victim attorneys had argued URS overlooked critical deficiencies that led the 40-year-old bridge to fail.
URS had argued its engineers didn't know about a design flaw in the bridge that made it vulnerable. In a statement, the company said the settlement was necessary to avoid drawn-out litigation and that it admitted no fault.
The two sides had argued in court last month over the victims' request to seek punitive damages. Hennepin County District Judge Deborah Hedlund, who had yet to rule on that request, worked with the two sides on the final terms of the settlement, including a private 13-hour session Aug. 14, the victims' attorneys said. The deal prevented disclosure of the settlement until Monday.
The terms called for $48.6 million of the settlement to go to victims, and $1.5 million to be set aside for a memorial to those who died in the collapse.
Jim Schwebel, who represented 34 people, said payouts should be completed by Oct. 1. "They finally have some closure in this monumental battle with the world's largest engineering corporation," he said.
Chris Messerly, a pro bono attorney for 103 separate victims, said individual payments would be determined by following a process the state of Minnesota used in compensating victims from a special fund set up after the collapse. He said the amounts would not be made public.
URS was the last of the major players to agree to a payout for victims. The state distributed $37 million from a special fund in exchange for an agreement that it wouldn't be sued. A paving company that had been resurfacing the bridge, Progressive Contractors Inc., reached a $10.5 million settlement last fall with about 130 victims and survivors. PCI also agreed to pay $1 million to settle the state's claims.
URS previously agreed to pay the state $5 million to settle a negligence claim.
The newest settlement doesn't end 35W-related litigation entirely. URS and the state have pending claims against Jacobs Engineering Group Inc. of Pasadena, Calif., which acquired the now-defunct firm that designed the original 35W bridge.
For the Coulters, a family of four injured in the collapse, the settlement brings welcome financial security but doesn't make them whole. Paula Coulter has had multiple surgeries and lasting back pain. Her daughter, Brianna, skipped her freshman year at a southern Minnesota college to attend a community college closer to home during the family's recovery.
"If we can give back every penny and get everything we had, it would be worth getting back," Paula Coulter said. "It still doesn't give us back what any of us have lost."
Here is a summary of today's selected stocks that are now highly rated by Zacks:
Aggressive Growth – URS Corporation (NYSE: URS - News)
URS Corporation is trading with great valuations as estimate rise into its next quarterly report.
Zacks Guide to Aggressive Growth Investing (free!): http://at.zacks.com/?id=4309
UPDATE 2-URS wins Scott Wilson as CH2M withdraws offer
Thu Jul 1, 2010 11:15am EDTStocks
* CH2M says will no longer proceed with Scott Wilson buy * Says deal not value-enhancing at current valuation (Recasts lead, adds details, updates share movement)
July 1 (Reuters) - U.S. engineering firm URS Corp (URS.N) won a bidding war for British consultancy Scott Wilson Group (SWG.L) after privately held CH2M Hill withdrew its offer.
Scott Wilson's shares were up 7.2 percent at 285.25 pence on the London Stock Exchange, while those in URS were down 3.7 percent at $37.91 on the New York Stock Exchange at 1444 GMT.
On Wednesday, URS sweetened its bid for Scott Wilson, which has contracts for London's Crossrail, to 223 million pounds ($333.1 million) in the hope of trumping a rival offer from U.S. consultancy CH2M Hill.
San Francisco-based URS raised its offer by 80 pence to 290 pence in cash for each Scott Wilson share, 18 percent higher than Colorado-based CH2M's offer of 245 pence.
Scott Wilson shares have gained about 122.5 percent from their Friday close, the last day of trade before URS and CH2M announced their offers.
The news sent shares in rival British infrastructure design consultant Hyder Consulting (HYC.L) up 13 percent on Thursday.
Reporting by Aditi Samajpati and Tresa Sherin Morera in Bangalore; Editing by Vinu Pilakkott and Saumyadeb Chakrabarty
URS to Provide Environmental Restoration and Construction Services to the U.S. Air Force
URS 46.46 +0.36
URS Corporation On Wednesday January 6, 2010, 8:30 am EST
SAN FRANCISCO--(BUSINESS WIRE)--URS Corporation (NYSE:URS - News) today announced that it has been awarded one of 42 indefinite delivery/indefinite quantity contracts to provide a range of environmental, engineering and construction services at bases worldwide for the Air Force Center for Engineering and the Environment (AFCEE) under the Worldwide Environmental Restoration and Construction (WERC09) contract. The WERC09 program ceiling is $3 billion for the combined companies. Task orders under the program are expected to be issued to qualified contractors over a five-year period.
Under the terms of the contact, URS and the other qualified contractors can compete for, or be assigned, task orders either as stand-alone companies or as part of multi-company teams. The scope of work for the URS contract includes providing environmental related services for a variety of AFCEE installations, including completion of conceptual designs, construction, implementation, demolition, repair, and operations and maintenance of installed systems for delivery to the government.
“URS has been a continuous AFCEE provider since the Center’s establishment in 1991. We are pleased to have been awarded this important contract, which demonstrates AFCEE’s continued trust in URS and our capabilities,” said Gary V. Jandegian, President, Infrastructure & Environment. “We look forward to providing AFCEE with high-quality services throughout the world.”
URS Corporation (NYSE: URS - News) is a leading provider of engineering, construction and technical services for public agencies and private sector companies around the world. The Company offers a full range of program management; planning, design and engineering; systems engineering and technical assistance; construction and construction management; operations and maintenance; and decommissioning and closure services. URS provides services for power, infrastructure, industrial and commercial, and federal projects and programs. Headquartered in San Francisco, URS Corporation has approximately 45,000 employees in a network of offices in more than 30 countries
URS and Jacobs Engineering Joint Venture Wins U.S. Army Corps of Engineers ContractBY CapIQ
— 10:05 AM ET 05/27/2009
URS Corp. (URS) announced that a joint venture between URS and Jacobs Engineering Group, Inc. has been awarded an indefinite delivery/indefinite quantity contract to provide general design support and construction management services to the U.S. Army Corps of Engineers(USACE), New Orleans Hurricane Protection Office. URS has an 85% share in the joint venture. The contract consists of a one-year base period, followed by four one-year options, during which the joint venture would compete for task orders with a maximum contract value of $90 million over five years, if all priced options are exercised. The joint venture will provide services that will contribute to the reconstruction of New Orleans following the damages caused by Hurricane Katrina. Task orders will include design support, construction management services, and other support work for new or existing structures, such as navigational locks, flood control structures, pumping stations, marine structures, roadways, bridges and buildings in and around the city.
URS is ready rocket but it has high voliate.
Keep watching it!
Good Luck
Sell time for URS...
Raytheon, VT Halter Marine and EG&G Team Pursue U.S. Coast Guard Fast Response Cutter-B
TEWKSBURY, Mass., March 11, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN), VT Halter Marine Inc., and EG&G Technical Services have teamed to offer the U.S. Coast Guard a proven, reliable and cost-effective vessel to meet the requirements of the Fast Response Cutter-B (FRC-B) program.
VT Halter Marine Inc. is a company of VT Systems Inc., and EG&G Technical Services is a division of URS (NYSE: URS).
Raytheon brings extensive experience and proven performance in ship and electronics systems design, development and integration. VT Halter Marine offers a proven design, consistent cost and schedule performance, and the shipyard capacity to meet the gap in the U.S. Coast Guard's fleet requirements. EG&G, a premier federal services contractor, provides integrated logistics support, training and system engineering services.
"Together, this experienced team is ideally suited to deliver a comprehensive, reliable and sustainable solution to meet the needs and requirements of the FRC-B mission," said Charles "Tom" Bush, Raytheon Integrated Defense System's vice president of Seapower Capability Systems. "We believe that we will be the Coast Guard's team of choice to deliver the critical capabilities to enhance the safety, effectiveness and efficiency of its fleet."
"This team brings a formidable legacy of experience, performance and success to the FRC-B pursuit," said VT Halter Marine's Chief Executive Officer Boyd E. "Butch" King. "We would be proud to partner with the U.S. Coast Guard to design, build and deliver a solution that meets the requirements for the Fast Response Cutter."
VT Halter Marine, the marine operations of VT Systems, is based in Pascagoula, Miss., and is a leader in the design and construction of medium- sized ships in the United States. VT Halter Marine designs, builds and repairs a wide variety of ocean-going vessels such as patrol vessels, oil recovery vessels, oil cargo vessels, ferries, logistic support vessels and survey vessels. VTHM shipyards have a 50-year shipbuilding history, having delivered more than 2,600 vessels to government and commercial clients in 29 countries on five continents. Of these vessels, more than 131 were patrol boats for domestic and foreign customers. For more information, visit http://www.vthaltermarine.com.
Integrated Defense Systems is Raytheon's leader in Joint Battlespace Integration providing affordable, integrated solutions to a broad international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning more than 85 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.
URS relatively cheap compared with its peers...
P/E Ratio vs. Industry: 68.92%
Since 04 buying at or below the 39-week SMA has been profitable. Coming up on this action limit again. See weekly charts in iBox.
Like the calls at 65 myself....
Consolidate + or - 1% around 64.11 for the short term.
Here's a tip... when the last trade of the day for URS was 4,759,100 shares, a buy, and at HOD of $61.70, for a tune of $$$$$$$$$$$ ....
What do you think this stock is gonna do tomorrow? LOL
That trade was over 40% of the volume yesterday.. and it was right at the end of the day. ZOOOOOMMMMM. IMO
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