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Re: sumisu post# 11

Friday, 05/16/2008 8:03:33 AM

Friday, May 16, 2008 8:03:33 AM

Post# of 36
Closing Glance: Construction companies end lower

Wednesday May 14, 4:08 pm ET

Construction, engineering shares mostly lower as investors pull back from previous gains

http://biz.yahoo.com/ap/080514/construction_closing_glance.html?.v=1

NEW YORK (AP) -- Shares of construction and engineering companies finished mostly lower on Wednesday as investors were tempered following sharp gains Tuesday driven by first-quarter earnings from Fluor Corp. and McDermott International Inc.
Fluor raised its full-year guidance Wednesday due to a one-time gain from a sale of its stake in a wind-farm joint venture.

Here's how some shares of construction and engineering companies made out:

Fluor, down $5.56, or 2.9 percent, to $185.47.

Jacobs Engineering Group Inc., up 9 cents to $94.03.

Quanta Services Inc., down $1, or 3.4 percent, to $28.66.

KBR Inc., down 56 cents to $33.55.






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