Foster Wheeler AG (FWLTW) financial news, and detailed stock charts
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Foster Wheeler AG (FWLTW) Stock Summary:
Foster Wheeler AG, together with its subsidiaries, provides construction and engineering services to the oil and gas, oil refining, chemical/petrochemical, pharmaceutical, environmental, power generation, and power plant operation and maintenance industries worldwide. It operates through two groups, Global Engineering and Construction Group (Global E&C Group), and Global Power Group. The Global E&C Group designs, engineers, and constructs onshore and offshore upstream oil and gas processing facilities; natural gas liquefaction facilities and receiving terminals; gas-to-liquids facilities; oil refining; chemical and petrochemical; pharmaceutical and biotechnology facilities; power generation and distribution facilities; and gasification facilities. It also owns refinery residue upgrading technologies and a hydrogen production process used in oil refineries and petrochemical plants. In addition, this group performs environmental remediation services, and engages in the development, engineering, construction, and ownership of power generation and waste-to-energy facilities in Europe. The Global Power Group designs, manufactures, and erects steam generating and auxiliary equipment for electric power generating stations and industrial facilities. It also provides a range of site services, including construction and erection services, maintenance engineering, and plant upgrading and life extension. In addition, this group offers research and development services in the areas of combustion, fluid and gas dynamics, heat transfer, materials, and solid mechanics. Further, it owns and operates cogeneration, independent power production, and waste-to-energy facilities, as well as power generation facilities for the process and petrochemical industries. The company was formerly known as Foster Wheeler Ltd. and changed its name to Foster Wheeler AG in February 2009. Foster Wheeler AG was founded in 1894 and is based in Clinton, New Jersey.Archieved Financial News About Foster Wheeler AG
Halftime Report: Does Sideways Action Signal Weakness Or Strength?
2009-11-30 03:49:17
Quote: ---------TRADE TO GO: GLOBAL INFRASTRUCTURE PLAYPete Najarian suggests putting Foster Wheeler [FWLT Loading...   () ] on your radar. With shares trading in the low to mid $20’s I think there’s plenty of room to the upside, he says.______________________________________________________Got something to to say? Send us an e-mail atand your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-...Read article
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