Financial Review on Industrial Goods Stocks McDermott

Financial Review on Industrial Goods Stocks McDermott International
Inc. and Fluor Corp. - Heavy Construction Companies Battle for
NEW DELHI, INDIA -- (Marketwire) -- 11/06/12 --  A decrease in public
construction in the U.S. continues to be a concern for the heavy
construction industry, within which companies such as McDermott
International Inc. and Fluor Corporation operate. Competition for
available contracts remains spirited, and in some cases companies
have landed projects only after offering deep discounts. The Heavy
Construction industry has seen the above updates lately. And members
can today access complimentary reports for two companies, McDermott
International Inc. (NYSE: MDR) and Fluor Corporation (NYSE: FLR),
serving this industry by following this link has brought together some of the best financial
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It is not all doom and gloom however. According to a recent article
put out by the Associated General Contractors of America,
construction spending rose to an almost three-year high in September,
as spending in a number of private areas, such as houses and
apartments increased. While this is a good sign, the article also
stated that levels of public construction, which greatly affects the
heavy construction industry, continued to be subdued. Several
companies have been able to land infrastructure projects as of late
though, and with the upcoming election soon to be decided, it will be
interesting to see how it affects the heavy construction industry
moving forward. McDermott International Inc. financial analysis
available by signing up for free at  
Companies with international operations have been outperforming their
domestic-only peers in some cases, as growth from emerging markets
has helped to buoy sales. China has newly laid out plans to spend
$157 billion on infrastructure, and companies with operations in the
area could benefit. The Middle-East is another area of growth, and
select companies have been winning contracts there.
posted financial analysis on Fluor Corporation today, members can
access it at  
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