Foster Wheeler AG
News and overview for Foster Wheeler AG
Foster Wheeler Reports Very Solid Results for Third Quarter of 2009 [Press Release]
Business Wire | 18 days 12 hours 56 minutes ago
Foster Wheeler AG (Nasdaq: FWLT) today reported net income for the third quarter of 2009 of $90.0 million, or $0.71 per diluted share, compared with $127.9 million, or $0.88 per diluted share, in the third quarter of 2008. Net income in both quarterly periods was impacted by items as detailed in the attached table. Excluding such items from both quarterly periods, net income in the third quarter of 2009 was $91.7 million, or $0.72 per diluted share, compared with $129.6 million, or $0.89 per ...
Foster Wheeler Awarded Contract By KEDRION GROUP In Hungary [Press Release]
Business Wire | 5 days 11 hours 26 minutes ago
Foster Wheeler AG (Nasdaq: FWLT) announced today that its Global Engineering and Construction Group has been awarded by KEDRION GROUP and its Hungarian-controlled HUMAN BIOPLAZMA LLC. a contract for engineering, procurement, construction management and commissioning/qualification supervision for the upgrading and expansion of a bulk plasma fractionation manufacturing facility at Gödöllö, Hungary.
Foster Wheeler Joint Venture with WorleyParsons Awarded Feed Contract for Pluto LNG Expansion [Press Release]
Business Wire | 6 days 11 hours 26 minutes ago
Foster Wheeler AG (Nasdaq: FWLT) announced that a joint venture of its Global Engineering and Construction Group, with partner WorleyParsons Services Pty Ltd., has been awarded a front-end engineering design (FEED) contract by Woodside for Train 2 and Train 3 of the Pluto liquefied natural gas (LNG) Project in Australia. The contract also includes an option for early EPCm services.
Foster Wheeler Shareholders Elect Clayton Daley to Board of Directors [Press Release]
Business Wire | 18 days 12 hours 11 minutes ago
Foster Wheeler AG (Nasdaq:FWLT) announced today that its shareholders have elected Clayton C. Daley, Jr. to the company’s board of directors.
Foster Wheeler Completes Acquisition of Assets from Atlas Engineering [Press Release]
Business Wire | 24 days 12 hours 26 minutes ago
Foster Wheeler AG (Nasdaq: FWLT) announced today that its Global Engineering and Construction Group has completed an acquisition of the majority of the assets of Atlas Engineering, Inc., a Houston-based firm engaged primarily in engineering design, project and construction management services for upstream oil and natural gas production and processing.
Critical Alerts for Wal-Mart, Chesapeake Energy, PNC Financial Services, Foster Wheeler AG and Polo Ralph Lauren Released by Seven Summits Research [Press Release]
PRNewswire | 19 days 4 hours 10 minutes ago
...Mart, Chesapeake Energy, PNC Financial Services, Foster Wheeler AG and Polo Ralph Lauren Released by Seven Summits Research...Corporation , PNC Financial Services Group Inc. , Foster Wheeler AG , and Polo Ralph Lauren Corp. . In today's unsure...
Resilience Capital Partners Adds Mr. Steven Demetriou to Executive Committee and Board of Advisors [Press Release]
PRNewswire | 2 days 22 hours 19 minutes ago
...ingredients. Mr. Demetriou serves on the Board of privately held Kraton Polymers as well as two public companies, Foster Wheeler AG and the OM Group, Inc. He also serves on the boards of several community organizations, including United Way of...
Wednesday's biggest gaining and declining stocks - MarketWatch
MarketWatch | 18 days 12 hours 9 minutes ago
While the auto industry raced off last month to prove it can still sell cars without government intervention, one longtime runner was left in the dust.
Foster Wheeler 3rd-quarter profit drops
CNBC | 18 days 7 hours 47 minutes ago
Clinton, N.J. - Foster Wheeler AG said Wednesday its third-quarter profit dropped 30 percent as unfavorable currency translations, higher pension costs, increased taxes and lower interest income hurt results.
Foster Wheeler Elects Clayton Daley to Board
Rigzone.com | 18 days 3 hours 49 minutes ago
Foster Wheeler's shareholders have elected Clayton C. Daley, Jr. to the company's board of directors.
Foster Wheeler acquires oil, gas business
Seattle Times, The | 24 days 6 hours ago
Engineering and construction company Foster Wheeler AG said Thursday it has acquired a Houston-based oil and natural gas production business for undisclosed terms.
Foster Wheeler Snaps Up Assets from Atlas Engineering
Rigzone.com | 24 days 4 hours 5 minutes ago
Foster Wheeler announced that its Global Engineering and Construction Group has completed an acquisition of the majority of the assets of Atlas Engineering, Inc., a Houston-based firm engaged primarily in engineering design, project and construction management services for upstream oil and natural gas production and processing.
Foster Wheeler acquires oil, gas business - National Business - MiamiHerald.com
Miami Herald, The | 24 days 6 hours 38 minutes ago
NEW YORK -- Engineering and construction company Foster Wheeler AG said Thursday it has acquired a Houston-based oil and natural gas production business for undisclosed terms.
People
Engineering News-Record | 11 days 2 hours 17 minutes ago
Lloyd G. Ware has joined design firm The Switzer Group, New York City, as president of its newly formed health-care division. He had been senior architect in the worldwide engineering and real estate group of pharmaceuticals manufacturer Johnson & Johnson and was also the first African-American partner at architect Pei Cobb Freed & Partners.
NRG CFO to depart, Luterman named interim CFO
Investor's Business Daily | 33 days 1 hour 52 minutes ago
NEW YORK (AP) Power plant owner NRG Energy Inc. said Tuesday that Gerald Luterman will step in as interim CFO after Robert C. Flexon departs Nov. 2 to accept the top spot at Foster Wheeler USA Corp.
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Company Overview
| Company: | Foster Wheeler AG |
|---|---|
| Industry: | Construction & Design Services |
| Website: | http://www.fwc.com |
Even state-of-the-art power plants need facelifts from time to time. That's where Foster Wheeler comes in. The international engineering and construction contractor designs, builds, and upgrades industrial processing facilities and manufactures power equipment through its two business units: Global Engineering & Construction and Global Power. Its Global E&C group serves companies in the oil and gas, chemical, pharmaceutical, and biotechnology markets. The Global Power arm supplies combustion and steam generation equipment for energy and industrial clients. Foster Wheeler also offers construction management, environmental remediation services, and waste-to-energy conversion technologies.
Key Numbers
| Sales in U.S. Dollars (mil.) | 6,854.3 (2008) |
|---|---|
| One-year % Growth in Sales | 34.2 (2008) |
| Net Income in U.S. Dollars (mil.) | 526.6 (2008) |
| One-year % Growth in Net Income | 33.7 (2008) |
| Number of Employees | 14,729 (2008) |
| One-year % Growth in Number of Employees | 6.3 (2008) |
| Fiscal Year-End | December |