Group 1 - The company has recently participated in the bidding for the expansion of the Hangjiahu South Drainage Project (Mazhen Port Hub Project) and has been selected as the first candidate for the bid [1] - The project owner is the Jiaxing Hangjiahu South Drainage Project Management Service Center, and the total bid amount is 1,360,391,240 yuan [1] - The project is structured as an EPC (Engineering, Procurement, and Construction) contract with a duration of 43 months [1] Group 2 - The winning of this project is expected to enhance the company's market competitiveness and market share in related business areas [4] - The project is a joint construction project, and it is not anticipated to have a significant impact on the company's financial status and operating results for the year 2025 and beyond [4] - The company has not engaged in similar business with the project owner this year [2]

Core Insights - Fluor's stock has appreciated by approximately 365% over the past five years, translating to a compound annual growth rate of 36%, significantly outperforming the stock market's long-term average [1] Company Overview - Fluor is primarily an engineering and construction company, serving diverse sectors including oil and gas, mining, and power generation, and is often engaged in large infrastructure projects [2] Financial Performance - Despite a 365% increase in stock price, Fluor's revenue has only grown by 6.6% since 2020, while gross profits increased by 36% during the same period [3] - The price-to-sales ratio has surged from 0.07 to 0.47 since 2020, marking an increase of nearly 480% [3] - The company's profit margin averaged around 0% from 2020 to 2024 but has recently reached 25%, indicating improved cost management and execution [4] Valuation Dynamics - The significant appreciation in Fluor's stock price is largely attributed to a substantial increase in its valuation multiple rather than revenue or gross profit improvements [4] - The company's transition from a loss-making entity to a profitable business has led to a sharp rerating of its stock [4] Historical Context - Fluor's stock has experienced multiple cycles of extreme ups and downs, influenced by the cyclical nature of the engineering and construction industry [5] - The recent stock price spike is partly due to Fluor's investment in NuScale Power, which focuses on small modular reactor technology [7] New Business Ventures - Recent performance improvements have been driven by new business ventures, particularly in small modular reactors, which were not part of Fluor's operations in the past [8] Investment Considerations - While Fluor's recent stock performance has been strong, the company has historically been a disappointment for long-term investors due to the volatility in the engineering and construction sector [10] - The success of NuScale presents a potential long-term growth opportunity, suggesting that investors may benefit from focusing on this segment [11]

Core Viewpoint - Fluor Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and undisclosed costs related to several infrastructure projects [1][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Maglione v. Fluor Corporation and covers purchasers of Fluor securities from February 18, 2025, to July 31, 2025 [1]. - The lawsuit alleges that Fluor and its executives made false statements regarding the financial health of the company, particularly concerning the Gordie Howe International Bridge and other Texas highway projects [3][4]. - Allegations include that costs for these projects were increasing due to subcontractor design errors, price hikes, and scheduling delays, which negatively impacted Fluor's business outlook [4]. Group 2: Financial Performance - On August 1, 2025, Fluor reported second quarter 2025 non-GAAP earnings per share of $0.43, missing consensus estimates by $0.13, and revenue of $3.98 billion, a 5.9% year-over-year decline [5]. - The company attributed its disappointing results to rising costs in infrastructure projects and reduced capital spending by customers, leading to a negatively revised financial outlook for fiscal year 2025 [5]. - Following the announcement of these results, Fluor's stock price dropped by over 27% [5]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Fluor securities during the class period to seek appointment as lead plaintiff in the lawsuit [6]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [6]. Group 4: Company Background - Fluor Corporation provides engineering, procurement, construction, fabrication, modularization, and project management services [3]. - The company has been involved in significant infrastructure projects, including the Gordie Howe International Bridge and major highways in Texas [3].

NEW YORK, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fluor Corporation ("Fluor Corporation" or the "Company") (NYSE: FLR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fluor Corporation investors who were adversely affected by alleged securities fraud between February 18, 2025 and July 31, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fluor-co ...

Group 1 - Jacobs Solutions Inc. is recognized as a relatively cheap stock within the S&P 500, with strong growth prospects driven by its involvement in advanced projects such as data centers and pharmaceutical plants [1][2] - The company is projected to achieve 16% earnings growth next year, with its stock currently priced at 21.5 times the 2026 earnings estimates [1] - Jacobs Solutions has benefited from the AI data center boom, which has emerged as a significant growth driver following a successful merger breakup last year [2] Group 2 - The company provides a range of services including consulting, design, engineering, project management, and long-term facility operations [2] - There is a recognition that while Jacobs Solutions has potential as an investment, certain AI stocks may offer greater upside potential with less downside risk [2]

Firoz Cyrus Mistry, the son of the late Tata Group chairperson Cyrus P Mistry, has become a member of the Afcons Infrastructure board, indicating a growing engagement of the next generation of the Shapoorji Pallonji family in the group's infrastructure and construction operations.Afcons Infrastructure is the flagship engineering and construction company of the Shapoorji Pallonji Group.Firoz, 29, has been appointed as a non-executive director, the company informed in an filing. Additionally, veteran banker S ...

Another next generation member of the Shapoorji Pallonji family, Firoz Cyrus Mistry, the son of the late Cyrus Mistry, has been inducted on the board of Afcons Infrastructure, the flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group. This comes close on the heels of Pallon S Mistry, another next-generation member of the SP family, joining the Afcons board last month — signalling next-gen family involvement in Afcons, a statement said. Pallon Mistry is the son of Shapo ...

Core Viewpoint - Jefferies upgraded Quanta Services from Hold to Buy, raising the price target to $469 from $398, due to strong long-term growth opportunities across various sectors [1][2] Group 1: Market Expansion - The brokerage emphasized the expansion in total addressable markets, including data centers, renewable energy, transmission, and pipelines [2] - Quanta's execution, strong customer relationships, and craft-labor leverage are expected to support sustainable high-teens EPS growth over the next decade [2] Group 2: Financial Projections - Jefferies projected an 18.4% compound annual EPS growth rate from 2026 to 2030, which is above the consensus estimate of 17.9% [2] - Current valuations are considered an attractive entry point following a pullback from summer highs [2]

Core Viewpoint - A securities class action lawsuit has been filed against Fluor Corporation for alleged misleading statements and undisclosed costs related to specific projects, impacting the company's financial guidance and risk mitigation strategies [1][2]. Group 1: Allegations Against Fluor - The lawsuit claims that Fluor failed to disclose increasing costs associated with the Gordie Howe International Bridge and Texas highway projects due to subcontractor design errors, price increases, and scheduling delays [2]. - It is alleged that customer reductions in capital spending and client hesitations due to economic uncertainty were negatively affecting Fluor's business and financial results [2]. - The complaint asserts that Fluor's financial guidance for fiscal year 2025 was unreliable and that the effectiveness of its risk mitigation strategy was overstated [2]. Group 2: Legal Process and Participation - Investors in Fluor have until November 14, 2025, to seek appointment as a lead plaintiff representative in the class action lawsuit [3]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest and who are representative of the class [3]. - Participation as a lead plaintiff does not affect the ability of other investors to share in any recovery from the lawsuit [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4]. - The firm encourages Fluor investors who have suffered significant losses to contact them for more information [4].

Group 1: AI Investment Opportunity - Artificial intelligence is considered the greatest investment opportunity of our lifetime, with a strong emphasis on the urgency to invest now [1] - Wall Street is investing hundreds of billions into AI, but there is a critical question regarding the energy supply needed to support this technology [2] - AI data centers consume as much energy as a small city, leading to concerns about power grid strain and rising electricity prices [2] Group 2: Company Overview - A specific company is highlighted as a potential investment opportunity, owning critical energy infrastructure assets that are essential for supporting the upcoming AI energy demand [3][6] - This company is not a chipmaker or cloud platform but is positioned to benefit from the increasing need for electricity in the digital age [3] - It has a significant role in U.S. LNG exportation, which is expected to grow under the current administration's energy policies [7] Group 3: Financial Position - The company is noted for being completely debt-free and has a cash reserve that is nearly one-third of its market capitalization [8] - It also holds a substantial equity stake in another AI-related company, providing indirect exposure to multiple growth engines without a premium price [9] Group 4: Market Perception - The company is gaining attention from Wall Street as it is seen as undervalued compared to other energy and utility firms that are heavily indebted [8][10] - It is trading at less than 7 times earnings, making it an attractive option for investors looking for value in the AI and energy sectors [10] Group 5: Future Outlook - The future of AI is closely tied to energy infrastructure, and the company is positioned to capitalize on the expected surge in demand for electricity [14] - The ongoing trends of onshoring and increased U.S. LNG exports further enhance the company's strategic importance in the energy landscape [14]