On Friday, Shares of KBR, Inc. (NYSE:KBR), subtract -0.25% and closed at $16.14 in the last trading session. The last trading range of the stock ranges between $15.98 and $16.24. The company’s Market capitalization is $2.29 Billion with the total Outstanding Shares of 142.48 million. During the 52-week trading session the minimum price at which share price traded, registered at $11.60 and reached to max level of $19.94. KBR, Inc. (KBR) declared recently that the Company has updated earnings guidance for 2016 to reflect expected increases in costs to complete engineering, procurement and construction (“EPC”) projects.
The majority of the cost increases relate to an EPC project for an electric power-generating facility within our Non-planned business segment. As formerly declared, the Company intends to exit the fixed priced EPC business for new power projects and this project is the last within the Company’s backlog of unfilled orders. The raised forecast costs are mainly driven by subcontractor cost increases because of recent poor productivity, plan delay and changes in execution strategy. These costs stem from the impact of poor performance by the turbine supplier which continues to adversely impact construction progress. The project is about 86% complete as of September 30, 2016 with anticipated completion in the first half of 2017.
An EPC ammonia project in the Company’s Engineering & Construction business segment has continued to experience unforeseen costs during startup and commissioning related to mechanical failures of a vendor-supplied compressor and pumps. These issues have further delayed expected completion of the project to October 2016 resulting in raised construction and repair costs and the recognition of contractual liquidated damages. This project is in the final stages of completion and start-up in anticipation of performance testing.
PulteGroup, Inc. (NYSE:PHM), dropped -1.97% and closed at $19.94 in the last trading session. The last trading range of the stock ranges between $19.89 and $20.50. The company’s Market capitalization is $6.72 Billion with the total Outstanding Shares of 343.62 million. During the 52-week trading session the minimum price at which share price traded, registered at $14.61 and reached to max level of $22.40. During this congress, PharmaMar will inform in an oral session the results of its Phase II clinical trial with lurbinectedin in patients with BRCA 1/2 metastatic breast cancer
A prospective randomized phase III comparing trabectedin versus the best supportive care in patients with pretreated advanced soft tissue sarcoma(T-SAR trial) will be presented in an oral session by the French Sarcoma Group
PharmaMar (PHM) will present the data obtained from various clinical trials carried out with its antitumoral compounds of marine origin: Yondelis® (trabectedin) and lurbinectedin (PM1183), at the European Society of Medical Oncology (ESMO) congress that will take place in Copenhagen (Denmark), from the 7th to the 11th of October.
On the otherhand Dollar General Corp. (NYSE:DG), jumped 0.90% and closed at $69.66 in the last trading session. The last trading range of the stock ranges between $69.07 and $69.86. The company’s Market capitalization is $19.80 Billion with the total Outstanding Shares of 281.74 million. During the 52-week trading session the minimum price at which share price traded, registered at $59.75 and reached to max level of $96.88. Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company offers consumable products, counting paper and cleaning products comprising paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food products, such as cereals, canned soups and vegetables, condiments, spices, sugar, and flour; perishables consisting of milk, eggs, bread, frozen meals, beer, and wine; snacks that comprise candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, such as over-the-counter medicines, in addition to soap, body wash, shampoo, dental hygiene, and foot care products; pet products, which include pet supplies and pet food; and tobacco products. It also provides seasonal products, counting decorations, toys, batteries, small electronics, greeting cards, stationery products, prepaid phones and accessories, gardening supplies, hardware products, and automotive and home office supplies; and home products consisting of kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen products, beds, and bath soft goods. In addition, the company offers apparel for infants, toddlers, girls, boys, women, and men, in addition to socks, underwear, disposable diapers, shoes, and accessories. As of August 13, 2016, it operated 13,000 stores located in 43 states.