Equity Research on McDermott International Inc. and Fluor Corporation - Neutral Outlook for Heavy Construction Industry
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 11/15/11 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Heavy Construction industry and are offering free analytical research on (NYSE: MDR) and (NYSE: FLR). Register with us today at to have free access to these research reports.
Market volatility and recession fears have slowed spending and hurt the outlook of several companies within the heavy construction industry. Better revenues out of growing markets have helped to offset some of the decreased spending though. Get your free reports on and at . There is no commitment to join.
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Macroeconomic concerns may be shaking investor confidence but some companies are still posting profits. Fluor Corporation, an engineering and construction company, reported a 9.5% revenue increase in the third quarter. Fluor also reported that its backlog increased by 27% to $41.8 billion, a positive metric for investors seeking long-term stability. report is accessible for free by registering today at .
Market fluctuations and stagnant U.S. and European economies have certainly weighed on the industry but strong demand out of emerging markets is encouraging. The Asia/ Pacific region has been a big help to some in the heavy construction industry of late. McDermott International Inc. reported a 91% revenue increase from the region during the third quarter. report is accessible for free by registering today at .
Moving forward, global economic uncertainty will likely lead to some companies reigning in spending but growth out of emerging markets does appear strong enough to offset it.
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Datum: 15.11.2011 - 13:15 Uhr
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