Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, February 27, 2013

CB&I fourth-quarter profit rises, (NYSE: TRI), (TSE: TRI.TO)

Chicago Bridge & Iron Co NV, having just completed its $3 billion takeover of Shaw Group Inc, reported higher-than-expected quarterly profits on Wednesday, helped by new projects. The engineering firm had income of $89.6 million, or 91 cents per diluted share, compared with income of $70.5 million, or 70 cents per share in the same quarter a year earlier.Analysts on average had expected a profit of 83 cents per share, according to Thomson Reuters I/B/E/S.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.93% or $0.28/share to $30.31. In the past year, the shares have traded as low as $26.20 and as high as $31.18. On average, 856745 shares of TRI exchange hands on a given day and today's volume is recorded at 968908.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.52% or $0.16/share to $30.99. In the past year, the shares have traded as low as $26.65 and as high as $31.57. On average, 922519 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 1339176.



Source