Analytical Reports on Shaw Group Inc. and Foster Wheeler AG - Construction Spending to Slow in Some Sectors
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/16/11 -- provides members with proprietary analysis of over 10,000 stocks which is updated every day. Today, members can receive their complimentary stock analysis on (NYSE: SHAW) and (NASDAQ: FWLT). Sign up now on to get your free reports on these stocks.
The latest recessionary concerns have led many companies to curb construction spending. Inflation reduction efforts in China have even slowed its torrid building pace. Heavy construction companies may look to sectors and regions where spending is marginally affected.
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Spending out of the energy sector remains relatively strong though. Shaw Group Inc. recently announced that it renewed a contract with STP Nuclear Operating Company. Shaw will provide maintenance and modification services as well craft labor management to two units of the nuclear facility. Similarly, Foster Wheeler AG was granted a release to perform second phase work on a refinery in Columbia. gives traders a unique insight about and by registering now at
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Overall, while construction spending out of some sectors has slowed, energy spending does appear to be relatively unaffected. Despite construction slowing in China, there are still plenty of opportunities in the region. Construction companies with strong energy and international ties should be able to maintain revenues during another slowdown of the global economic recovery.
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Datum: 16.08.2011 - 06:39 Uhr
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