|Bid||0.00 x 800|
|Ask||1.64 x 27000|
|Day's Range||1.04 - 1.13|
|52 Week Range||0.83 - 7.66|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 6, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.60|
Babcock & Wilcox Enterprises, Inc. (BW) announced today that it has closed the sale of its MEGTEC and Universal industrial services business to Dürr AG for $130 million, subject to adjustment. Headquartered in Barberton, Ohio, Babcock & Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets, and has been transforming our world for 151 years.
Babcock & Wilcox Enterprises, Inc. (BW) (“B&W”) announced that the Committee on Foreign Investment in the United States (CFIUS) has completed its review of the company’s previously announced sale of its MEGTEC and Universal businesses to Dürr AG (“Dürr”) and determined that there are no unresolved national security concerns with respect to the sale. Babcock & Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets and has been transforming our world for 151 years.
Babcock & Wilcox Enterprises, Inc. (BW) (B&W) announced today it has reached an agreement with joint venture developers Industrial Commercial Properties LLC (ICP) and Industrial Realty Group, LLC (IRG) to lease new office space in the renovated East End development in Akron, Ohio, and that its Barberton and Copley operations will relocate to this new space in 2019. The lease agreement is for an initial term of 15 years. Additionally, B&W announced it is relocating its corporate headquarters to Ohio from Charlotte, N.C.
Babcock & Wilcox Enterprises, Inc. (BW) announced today that it has closed its previously announced sale of Palm Beach Resource Recovery Corporation (PBRRC) to a subsidiary of Covanta Holding Corporation for $45 million, subject to adjustment. Net proceeds from the sale will be used to reduce balances under B&W’s revolving credit facilities and for working capital purposes. PBRRC provides O&M services to the Solid Waste Authority (SWA) of Palm Beach County for two waste-to-energy facilities located in West Palm Beach, Fla., which were designed and built by B&W and its project partners.
Babcock & Wilcox Enterprises, Inc. (B&W) (BW) announced today that Kenneth Siegel has been appointed to its Board of Directors. Mr. Siegel is an accomplished business executive with more than 20 years of experience as a senior leader of major corporations. Mr. Siegel’s appointment is effective immediately, and he will be appointed to one or more Committees of the Board at a later date.
Babcock & Wilcox Enterprises, Inc. (BW) (the “Company”) expects to host a conference call and webcast on Thursday, August 9, 2018 at 5:00 p.m. ET. President and Chief Executive Officer, Leslie C. Kass, and Interim Chief Financial Officer, Joel Mostrom will discuss the Company’s second quarter 2018 results. The listen-only audio of the conference call will be broadcast live via the Internet at www.babcock.com.
Stock Research Monitor: AETI, ATKR, and BW LONDON, UK / ACCESSWIRE / July 26, 2018 / If you want a free Stock Review on AOS sign up now at www.wallstequities.com/registration . WallStEquities.com follows ...
WallStEquities.com shifts focus on the Industrial Electrical Equipment space, which produces electrical products that generate, distribute, and use electrical power. Under observation this morning are these four equities: A. O. Smith Corp. (NYSE: AOS), American Electric Technologies Inc (NASDAQ: AETI), Atkore International Group Inc. (NYSE: ATKR), and Babcock & Wilcox Enterprises Inc. (NYSE: BW).
Babcock & Wilcox Enterprises, Inc. (B&W) (BW) announced that it had signed a definitive agreement to sell its MEGTEC and Universal businesses to Dürr AG (“Dürr”) for $130 million, subject to adjustment. As part of the Dürr organization, these businesses will be well positioned to continue to serve their customers around the world with high-quality products. Headquartered in Charlotte, N.C., Babcock & Wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets, and has been transforming our world for over 150 years.
Babcock & Wilcox Enterprises, Inc. (“B&W”) (BW) confirmed that it had received a non-binding indication of interest from Steel Partners, which beneficially owns 17.8% of B&W’s outstanding common stock, to acquire B&W in a transaction in which B&W shareholders would receive between $3.00 and $3.50 per share in cash. The non-binding indication of interest assumes the acquisition of all of B&W’s businesses, including its MEGTEC and Universal businesses. B&W said that its Board of Directors will review the Steel Partners non-binding indication of interest to determine the course of action it believes to be in the best interests of B&W and its stockholders.
The Shuman Law Firm announces that it is investigating potential shareholder claims against certain officers and directors of Babcock & Wilcox Enterprises, Inc. (“Babcock & Wilcox” or the “Company”) (NYSE: BW). Babcock & Wilcox provides fossil and renewable power generation and environmental equipment for the power and industrial markets worldwide. The Firm’s investigation relates to allegations raised in a purported class action lawsuit filed against Babcock & Wilcox over alleged securities laws violations which was recently upheld by a federal judge in North Carolina at the motion to dismiss stage.
Babcock & Wilcox Enterprises, Inc. announced today first quarter 2018 revenues of $311.4 million, a decrease of $79.7 million, or 20%, compared to the first quarter of 2017.
Second paragraph of release should read: Subscribers in the rights offering, including Vintage Capital Management, LLC , subscribed for approximately 100.9 million common shares, or 81.2% of the approximately 124.3 million common shares available, pursuant to their basic subscription privileges.
NEW YORK , April 26, 2018 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a boutique securities firm headquartered at the Empire State Building in New York ...
Babcock & Wilcox Enterprises, Inc. expects to host a conference call and webcast on Tuesday, May 8, 2018 at 5:00 p.m. ET, during which management will discuss the Company’s first quarter 2018 results.
NEW YORK , April 24, 2018 /PRNewswire/ -- Analogic Corp. (ALOG) Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of Analogic to ...
Babcock & Wilcox Enterprises, Inc. announced today that its subsidiary, Babcock & Wilcox MEGTEC , has been awarded a contract for more than $15 million to design and supply battery coating equipment to K.R.
SAN DIEGO, CA / ACCESSWIRE / April 16, 2018 / The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain purchasers of NYSE: BW shares. Investors, who purchased shares of Babcock ...
Babcock & Wilcox Enterprises, Inc. announced today that it is extending the expiration date and amending other terms of its previously announced rights offering, which commenced on March 19, 2018.
Babcock & Wilcox Enterprises, Inc. today provided an investor update, and announced that it amended the terms of and extended the expiration date for its pending common stock rights offering.
BERWYN, Pa. , March 21, 2018 /PRNewswire/ -- RM LAW, P.C. has commenced an investigation into potential securities law violations by certain officers of Babcock & Wilcox Enterprises, Inc. ("Babcock ...
Babcock & Wilcox Enterprises, Inc. announced today that its subsidiary, The Babcock & Wilcox Company , has been awarded a contract for more than $50 million to design and supply boiler equipment for an existing North American power plant.