StockCall Insight into Chicago Bridge & Iron and EMCOR: Revival of Non-Residential Construction PR Newswire LONDON, February 19, 2013 LONDON, February 19, 2013 /PRNewswire/ -- With economic revival non-residential construction is seeing stabilization. The spending in this sector has been consistently increasing since 2012 with a surge in construction related to manufacturing, power plants, commercial construction and health-care related construction. The latest news making headlines with the sector is the acquisition of the Shaw Group by Chicago Bridge & Iron Company N.V. (NYSE: CBI). CB&I is expanding and complementing its business in construction for the energy industry. On the other hand, EMCOR Group Inc. (NYSE: EME), another Fortune 500 company, is due to announce its 4 ^th quarter and annual report for financial year 2012 on 26 ^th February 2013. StockCall has issued technical analysis and charting reports on Chicago Bridge & Iron and EMCOR. Download these free reports now at http://www.stockcall.com/todaysopinions CB&I acquires Shaw group Chicago Bridge & Iron Company completed its acquisition of the Shaw group on 13 ^th February 2013. CB&I provide EPC solution in energy sector with focus on upstream oil and gas upstream oil and gas LNG and power markets. It also serves clients in water, wastewater, metal and mining industries. Acquisition of the Shaw group will expand its engineering and construction portfolio with focus on energy sector and government service sector. The acquisition would have been with the aim of adding the two government nuclear power plants that Shaw group was executing in CB&I power portfolio. The deal sends some mixed signals to investors as CB&I had outlined in its 2013 guidance, announced last year, that shale revolution would be the main causes for the improvement of top- and bottom-lines, and the acquisition of Shaw group is more focused towards nuclear energy. Download the free research on Chicago Bridge & Iron Company N.V. today by registering at http://www.StockCall.com/CBI021913.pdf Since the announcement of the deal to acquire Shaw group, CB&I's share prices has reached a 52-week high of $53.44. The company is trading on a positive, but the synergies of this deal are yet to be seen so there should be a cautious note for buying this stock. EMCOR to report its Annual Report EMCOR is an electrical and mechanical construction and facilities services firm operating in the U.S., the U.K. and globally. It is set to report its annual report for full year 2012 on 26 ^th February 2013. The company, in its 3 ^rd quarter report, had outlined challenging operating environment with backlog of $3.38 billion but the balance sheet remained strong and liquid including $ 474.4 million cash. 3 ^rd quarter consolidated revenues were at $1.16 billion. The year-on-year growth in revenues was driven by growth in all its segments. The operating margins increased due to cost-control measures. Sign up and have access to our free report on EMCOR Group Inc. at http://www.StockCall.com/EME021913.pdf The company announced dividend of 6 cents a share, a 20% increase, in December 2012. An outlook of good annual report is expected keeping in-line with its 3 ^rd quarter report. EMCOR is currently trading in the range of $37- $39. About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com Contact: William T. Knight, Email: email@example.com, Contact Number: +1-646-396-9857 (9:00 am EST - 01:30 pm EST)
StockCall Insight into Chicago Bridge & Iron and EMCOR: Revival of Non-Residential Construction
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