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FLR DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Fluor Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - FLR
Newsfile· 2025-11-05 22:21
Core Viewpoint - Rosen Law Firm is encouraging investors of Fluor Corporation who incurred losses exceeding $100,000 during the specified class period to seek legal counsel before the lead plaintiff deadline on November 14, 2025 [1][2]. Group 1: Class Action Details - Investors who purchased Fluor securities between February 18, 2025, and July 31, 2025, may be eligible for compensation without any upfront costs through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must act by the November 14, 2025 deadline to serve as lead plaintiff [3][5]. Group 2: Case Allegations - The lawsuit alleges that Fluor Corporation made false and misleading statements regarding project costs related to the Gordie Howe International Bridge and various Texas highway projects, which were impacted by subcontractor errors, price increases, and scheduling delays [5]. - It is claimed that these issues, along with reduced capital spending from customers and economic uncertainty, negatively affected Fluor's business and financial results, rendering their financial guidance for 2025 unreliable [5]. - The lawsuit asserts that the public statements made by Fluor were materially false and misleading, leading to investor damages when the true situation was revealed [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
Class Action Filed Against Fluor Corporation (FLR) Seeking Recovery for Investors - Contact The Gross Law Firm
Prnewswire· 2025-11-03 13:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fluor Corporation regarding a class action lawsuit due to alleged misleading statements and undisclosed costs related to infrastructure projects, which negatively impacted the company's financial outlook [1]. Group 1: Allegations and Impact - The complaint alleges that during the class period from February 18, 2025, to July 31, 2025, Fluor Corporation failed to disclose increasing costs associated with infrastructure projects due to subcontractor design errors, price increases, and scheduling delays [1]. - It is claimed that customer reductions in capital spending and hesitations due to economic uncertainty were likely to have a significant negative impact on Fluor's business and financial results [1]. - The financial guidance provided by Fluor for FY 2025 is described as unreliable and unrealistic, with an overstated effectiveness of the company's risk mitigation strategy and an understated impact of economic uncertainty [1]. Group 2: Class Action Details - Shareholders who purchased shares of Fluor during the specified class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for November 14, 2025 [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Fluor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – FLR
Globenewswire· 2025-11-02 14:55
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fluor Corporation securities between February 18, 2025, and July 31, 2025, of the upcoming lead plaintiff deadline on November 14, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased Fluor securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 14, 2025 [2] - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [3] Group 2: Case Allegations - The lawsuit alleges that Fluor Corporation made false and misleading statements regarding the costs associated with several major projects, including the Gordie Howe International Bridge and various Texas highways [4] - It is claimed that these issues, along with reduced customer capital spending and economic uncertainty, negatively impacted Fluor's business and financial results [4] - The lawsuit asserts that Fluor's financial guidance for 2025 was unreliable, and the effectiveness of its risk mitigation strategies was overstated [4]
US Parsons wins SAR 210M contract to develop parks in Diriyah
ArgaamPlus· 2025-10-31 13:02
Core Insights - Parsons Corporation has secured a SAR 210 million ($56 million) contract for the development of Phase II of the Diriyah project, a significant initiative under the Public Investment Fund (PIF) [2] - The contract encompasses design, supervision, and project management services, focusing on parks, green spaces, and civic infrastructure over a span of 55 kilometers [3] - The Diriyah project, valued at $63.2 billion, aims to create a pedestrian-centered urban area for 100,000 residents and attract around 50 million visitors annually [4] Company and Industry Summary - Parsons has been collaborating with PIF since 2017 on major projects in Saudi Arabia, including NEOM The Line and NEOM Oxagon [5] - The partnership with Parsons is expected to expedite the development of the Diriyah project, enhancing its potential as a key urban destination [4]
大千生态(603955) - 大千生态2025年第三季度主要经营数据的公告
2025-10-30 13:44
证券代码:603955 证券简称:大千生态 公告编号:2025-070 2025 年 7-9 月,公司及子公司新签订项目合同 11 项,金额为人民币 378,622,413.61 元,为工程建设项目。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏,并对其内容的真实性、准确性和完整性承担个别及连带责任。 大千生态环境集团股份有限公司(以下简称"公司")根据《上海证券交易 所上市公司自律监管指引第 3 号——行业信息披露》之《第八号——建筑》的相 关规定,现将 2025 年第三季度主要经营数据(未经审计)公告如下: (一)新中标及签订项目合同的数量及合计金额 大千生态环境集团股份有限公司 2025 年 7-9 月,公司及子公司新中标项目 11 项,金额为人民币 378,622,413.61 元,为工程建设项目。 2025 年第三季度主要经营数据的公告 2025 年 10 月 30 日 (二)本年累计中标及签订项目合同的数量及合计金额 截至 2025 年第三季度末,公司及子公司累计中标项目 14 项,合计金额为人 民币 411,723,900.97 元。公司及子公司累计签订合同 ...
Technip Energies Financial Results for the First Nine Months of 2025
Globenewswire· 2025-10-30 06:30
Core Insights - Technip Energies reported a solid financial performance for the first nine months of 2025, achieving a year-over-year revenue growth of 9% to €5.4 billion and maintaining strong profitability with a recurring EBITDA of €478 million, also up 9% year-over-year [3][4][23]. Financial Performance - Revenue for 9M 2025 reached €5,417.1 million, compared to €4,970.8 million in 9M 2024, marking a 9% increase [4][5]. - Recurring EBITDA for the same period was €478.0 million, up from €439.3 million, maintaining a margin of 8.8% [4][5]. - Net profit for 9M 2025 was €281.9 million, slightly up from €279.9 million in 9M 2024 [5][7]. - Adjusted order intake for 9M 2025 was €3,361.8 million, down from €4,813.5 million in 9M 2024, resulting in a book-to-bill ratio of 0.6 [18][19]. Strategic Developments - The company announced the acquisition of Ecovyst's Advanced Materials & Catalysts business for US$556 million, which is expected to enhance its capabilities in the catalyst value chain and is anticipated to close by Q1 2026 [3][46][47]. - Technip Energies secured a major contract for the Commonwealth LNG export facility in the US, which is expected to significantly contribute to the company's backlog once confirmed [3][33]. - The company is extending its leadership in LNG and modularization, with additional contracts awarded for projects in Mozambique and Indonesia [3][34][36]. Operational Highlights - The company reported strong commercial prospects in LNG, decarbonization, and sustainable fuels, supported by a diverse portfolio of technologies and solutions [3][4]. - Key operational milestones include progress on various projects such as the QatarEnergy North Field Expansion and the Marsa LNG project in Oman [27][29]. Market Position - Technip Energies is positioned as a global leader in energy and decarbonization infrastructure, contributing to critical markets such as LNG, hydrogen, and sustainable chemistry [12][46]. - The company emphasizes a disciplined approach to capital allocation and cost management, focusing on long-term value creation for stakeholders [3][54].
PIF-Backed Diriyah Company Awards Parsons $56 million (SAR 210 million) Contract for Design and Construction Supervision in Saudi Arabia
Globenewswire· 2025-10-29 10:30
Core Insights - Parsons Corporation has been awarded a $56 million contract for Phase 2 of the Diriyah project, which is a 5-year engagement aimed at enhancing urban development in Saudi Arabia [1][4] - The Diriyah project is part of Saudi Arabia's Vision 2030, focusing on creating a mixed-use urban destination that integrates traditional Najdi architecture with modern urban planning [3][10] Group 1: Contract Details - The contract involves the design and delivery of parks, open spaces, and over 55 kilometers of streetscape, including streets, footpaths, and civic buildings [2] - This contract represents new work for Parsons Corporation, which has been a partner in various urban development projects in Saudi Arabia since 2017 [4][5] Group 2: Project Significance - Diriyah is historically significant as the birthplace of Saudi Arabia and is home to the UNESCO World Heritage Site, At-Turaif [3][8] - The development aims to create a walkable city for approximately 100,000 residents and accommodate nearly 50 million visits annually [4][9] Group 3: Company Background - Parsons Corporation has over 65 years of experience in Saudi Arabia and currently manages more than 50 active projects, including mega and giga projects [5] - The company specializes in urban development, transport infrastructure, and sustainability, contributing to the Kingdom's economic diversification efforts [6][11]
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against Fluor Corporation
Globenewswire· 2025-10-29 01:13
Core Viewpoint - A class action securities fraud lawsuit has been filed against Fluor Corporation, alleging that the company made false statements regarding its financial health and project costs, which negatively impacted shareholders [1][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for shareholders affected by alleged securities fraud occurring between February 18, 2025, and July 31, 2025 [2]. - The complaint claims that Fluor Corporation concealed rising costs associated with infrastructure projects due to subcontractor errors, price increases, and scheduling delays [3]. - It is alleged that the company's financial guidance for FY 2025 was unreliable, overstating the effectiveness of its risk mitigation strategies and understating the impact of economic uncertainty [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to seek information on their rights to recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP, a recognized securities litigation firm, is representing the plaintiffs and has a strong track record in securing recoveries for shareholders [5].
FLR LAWSUIT ALERT: Levi & Korsinsky Notifies Fluor Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-10-28 12:45
Core Viewpoint - Fluor Corporation is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 18, 2025, and July 31, 2025 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Fluor Corporation made false statements regarding the rising costs of its infrastructure projects, including Gordie Howe, I-635/LBJ, and I-35, which were attributed to subcontractor design errors, price increases, and scheduling delays [2]. - It is alleged that these issues, along with reduced capital spending from customers and economic uncertainty, were likely to have a significant negative impact on the Company's business and financial results [2]. - The financial guidance provided by Fluor for FY 2025 is claimed to be unreliable and overstated regarding the effectiveness of its risk mitigation strategy and the impact of economic uncertainty [2]. Group 2: Legal Proceedings and Participation - Investors who suffered losses during the specified timeframe have until November 14, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].
WSP reportedly eyes Jacobs with multibillion-dollar offer
Yahoo Finance· 2025-10-27 16:07
Group 1 - WSP, a Canadian infrastructure giant, has made a multibillion-dollar bid to acquire Dallas-based Jacobs, with the offer primarily consisting of stock [7] - Jacobs has engaged investment bank Centerview Partners to evaluate WSP's bid, which includes both stock and cash components [7] - The acquisition follows WSP's recent history of aggressive mergers and acquisitions, including the purchase of U.K.-based engineering consultancy Ricardo and healthcare consulting firm Lexica [3][4] Group 2 - Analyst Andrew Wittmann noted that while WSP has a strong track record in M&A, the timing of this potential deal may be problematic due to Jacobs' recent operational improvements [4][5] - Wittmann expressed concerns about the integration risks associated with large-scale mergers in the engineering and construction sector, citing Jacobs' complex history of acquisitions and restructuring [4][5] - Despite the challenges, potential benefits of the acquisition include cost synergies and Jacobs' strong position in the water infrastructure market and advanced manufacturing [6]