SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Foster Wheeler (FWC) beaten down but why

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Getman who wrote (1)8/8/1998 6:56:00 PM
From: Evan  Read Replies (1) of 24
 
Foster WHEELER is one of a group of companies
such as FLR,JEC,SW etc who are chasing a tight
petrochem market.None of these companies have
done well for over three years.Clients have moved
to lump sum turn key bidding which leaves very
little profit at the end and plenty of risk.
Foreign competition also have different ideas
about profits than than US public companies.
No turnaround on the horizon.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext