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TraderRich

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TraderRich

Re: None

Wednesday, 04/07/2010 7:09:07 PM

Wednesday, April 07, 2010 7:09:07 PM

Post# of 42
Shaw Group almost doubles profit

SAN FRANCISCO (MarketWatch) -- The Shaw Group Inc. (SHAW 34.70, -0.82, -2.31%) on Wednesday reported a second-quarter profit of $63.7 million, or 74 cents a share, up from $36.3 million, or 43 cents a share, a year ago as demand increased from the federal government. Earnings, excluding the Westinghouse segment, came in at 49 cents a share. Revenue fell to $1.6 billion, down from $1.7 billion a year ago. Analysts polled by FactSet Research were looking for a profit, on average, of 49 cents a share, with total revenue of $1.68 billion.


http://www.marketwatch.com/story/shaw-group-almost-doubles-profit-2010-04-07?siteid=nbsh

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