On Thursday, KBR, Inc. (NYSE:KBR)’s shares inclined 0.33% to $18.12.
KBR and its wholly owned partner Granherne declared recently that they have signed a contract to form an alliance with Subsea 7 to deliver Concept and Front End Engineering and Design (FEED) services to the global offshore oil and gas industry.
The alliance is a co-operation agreement between the companies where Granherne will support Subsea 7 on concept and FEED studies and Subsea 7 will support Granherne with subsea engineering and technology. The alliance will operate on a global basis using the existing resources of these two market-leading companies.
KBR`s and Granherne`s expertise in field development planning, concept evaluation and FEED will complement Subsea 7`s subsea project administration and engineering experience and the application of technology and know-how to enable improved cost-benefit evaluation for clients. The alliance will be able to engage early with clients to provide them with the most cost-effective solutions during the important concept evaluation phase of a project.
KBR, Inc. operates as an engineering, construction, and services company worldwide. The company operates through three segments: Technology & Consulting, Engineering & Construction, and Government Services. The Technology & Consulting segment offers various services and solutions, counting licensing, engineering and design, proprietary equipment, plant automation, catalysts, and related consulting services to hydrocarbons, chemicals, and fertilizer markets.
Bloomin’ Brands Inc (NASDAQ:BLMN)’s shares gained 0.03% to $23.43.
Bloomin’ Brands, Inc. (BLMN) will release results for the fiscal second quarter ended June 28, 2015, on Tuesday, August 4, 2015, at about 7:00 AM ET, which will be followed by a conference call to review its financial results at 9:00 AM ET the same day.
Bloomin Brands, Inc., through its auxiliaries, owns and operates casual, upscale casual, and fine dining restaurants primarily in the United States. The company operates restaurants under various concepts, counting Outback Steakhouse, a casual steakhouse restaurant; Carrabba’s Italian Grill, a casual Italian restaurant; Bonefish Grill, an upscale casual seafood restaurant; and Fleming’s Prime Steakhouse & Wine Bar, a contemporary steakhouse. As of December 28, 2014, it owned and operated 1,344 restaurants and franchised 166 restaurants in 48 states, Puerto Rico, Guam, and 21 countries.
At the end of Thursday’s trade, CIT Group Inc. (NYSE:CIT)‘s shares surged 0.48% to $48.00.
CIT Group Inc. (CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Real Estate Finance provided a $44.7 million senior secured loan to Garrison Investment Group, a leading middle market asset-based and real estate investor. The loan is secured by a portfolio of 11 shopping centers located in Ohio and Indiana. Financing was provided by CIT Bank, the U.S. commercial bank subsidiary of CIT. Terms of the transaction were not disclosed.
CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing and leasing products; and a suite of savings options in the United States. Its Transportation & International Finance segment offers leasing and financing solutions to operators and suppliers in the aviation and railcar industries. It offers aircraft leasing, lending, asset administration, and advisory services to airlines; and term loans, leases, pre-delivery financing, fractional share financing, and vendor/manufacturer financing for corporate and private owners of business jets.
Lumber Liquidators Holdings Inc (NYSE:LL), ended its Thursday’s trading session with -0.44% loss, and closed at $20.41.
Lumber Liquidators (LL), the largest specialty retailer of hardwood flooring in North America, declared that it intends to release second quarter 2015 results on Wednesday, August 5, 2015.
The Company plans to host a conference call and audio webcast on August 5, 2015, at 8:00 a.m. Eastern Time. The conference may be accessed by dialing (877) 407-9039 or (201) 689-8470.
Lumber Liquidators Holdings, Inc., together with its auxiliaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. It primarily offers solid and engineered hardwood products; laminate floorings; bamboo floor products, cork floorings, and vinyl plank flooring; wood flooring moldings; butcher block kitchen countertops, and staircase treads and risers; and accessories, such as sealers, adhesives, and underlayments, in addition to flooring tools and floor cleaning supplies.
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