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JEC News and Press, Jacobs Engineering Group From 05/03/19

Stock Information

Company Name: Jacobs Engineering Group
Stock Symbol: JEC
Market: NYSE
Website: jacobs.com

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JEC - Parsons IPO: Undervalued And Working For The United States Intelligence Community

Parsons Corporation ( PSN ) is acquiring other businesses, which is helping the company grow its FCF. Additionally, Parsons reported 2018 FCF of $255 million, and competitors are trading at 21.1x - 42.4x FCF. It means that Parsons should not trade at the expected enterprise value of $1.414 bil...

JEC - Jacobs Declares Quarterly Dividend

DALLAS , May 2, 2019 /PRNewswire/ -- The Board of Directors of Jacobs  (NYSE:JEC) has declared a quarterly cash dividend payable to shareholders in the amount of $0.17 per share of Jacobs common stock. This dividend will be paid on June 14, 2019 to shareholders of record as...

JEC - U.S. Government Plans $2 Trillion Infusion Into Infrastructure Projects

May 2, 2019 Palm Beach, FL – May 2, 2019 – A recent marketing intelligence report on miners & metals released by S&P Global painted an optimistic picture for the metals mining industry… and those prospects should rise even further with the news that came afte...

JEC - Jacobs Supports First-of-Its-Kind Test for Missile Defense Agency

DALLAS , May 2, 2019 /PRNewswire/ -- Jacobs (NYSE:JEC) supported the first-ever successful salvo test of the Ground-based Midcourse Defense (GMD) system, involving two Ground-Based Interceptors (GBIs) against an Intercontinental Ballistic Missile (ICBM), conducted by the Missile Defen...

JEC - Jacobs Awarded Contract at US Army Dugway Proving Ground

DALLAS , May 1, 2019 /PRNewswire/ --  Jacobs  (NYSE:JEC) was awarded a fifteen-month direct award bridge contract to perform field range testing and laboratory support services for the West Desert Test Center at Dugway Proving Ground (DPG) in Utah . Continuing the work Jacobs h...

JEC - Trump, Democrats agree to $2T goal for infrastructure package

Pres. Trump and top Democrat lawmakers agree on a $2T goal for a U.S. infrastructure package , Senate Minority Leader Schumer says following a White House meeting today. More news on: Fluor Corporation, McDermott International, Inc., Gencor Industries, Inc., News on the U.S. economy, Top ...

JEC - Jacobs Designs MAG's New Private Terminal at Manchester Airport

DALLAS , April 30, 2019 /PRNewswire/ -- Jacobs (NYSE:JEC) was selected by Manchester Airports Group (MAG) to design its new PremiAir terminal, offering a unique "private jet experience" for passengers flying on commercial airlines. Manchester has become the first major U.K. airport to...

JEC - Merger Arbitrage Mondays - April 29, 2019

Merger activity decreased last week with three new deals announced and one pending deal closing. Deal Statistics: New Deals The acquisition of The KeyW Holding Corporation (KEYW) by Jacobs Engineering Group (JEC) for $815 million or $11.25 per share in cash. The acquisition ...

JEC - Jacobs progresses portfolio transformation

Jacobs (NYSE: JEC ) has successfully closed the previously announced $3.3B sale of its Energy, Chemicals and Resources segment to WorleyParsons ( OTCPK:WYGPY ). More news on: Jacobs Engineering Group Inc., WorleyParsons Limited, WorleyParsons Limited, Read more ...

JEC - Jacobs Progresses Portfolio Transformation, Completes $3.3 Billion Sale of Energy, Chemicals and Resources Segment

DALLAS , April 29, 2019 /PRNewswire/ -- Jacobs (NYSE: JEC) today announced that it has successfully closed the previously announced sale of its Energy, Chemicals and Resources (ECR) segment to WorleyParsons Limited (ASX: WOR). The completion of this deal marks a milestone in Jacob...

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