Viewing Company Foster Wheeler Corp. | StockChase
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Compiling comments that experts make about stocks while on public TV.

Foster Wheeler Corp. Stock Symbol: FWLT-Q (Unliste

Notes:

No longer listed on the TSX (December 2014)

Last Price Recorded: $27.5200 on 2014-12-03

Date Signal Expert Opinion Price
2012-04-11 COMMENT David Driscoll Interesting stock. Big engineering firm that fell after 2008 and didn't recover because their project costs were too high. Were bidding too low and not earning any margins. Have been paying off debt and recently got their credit rating upgraded. Starting to increase their cash to the degree that gives them a little more firepower to make acquisitions or get more bids in with better margins.
Price:
$21.560
Subject:
GLOBAL
Bias:
DEFENSIVE
Owned:
Unknown
2009-09-21 TOP PICK Alexander Lane, B Comm, C Global engineering, construction and power equipment. Very exposed to energy, particularly in building refineries and petrochemical complexes. Builds the largest clean coal plants globally because of their technology. Had a lot of trouble when they acquired a lot of companies and created a lot of debt 6 - 7 years ago. Contracts are now starting to flow again.
Price:
$33.940
Subject:
GLOBAL
Bias:
BULLISH
Owned:
Yes
2008-08-21 DON'T BUY David Burrows In the infrastructure space and heavily tied to energy. If energy continued to rally, this would probably participate. The real question is reduced growth outlook in emerging markets and growth markets. Thinks there will be more money in infrastructure but currently there is negative psychology around this area.
Price:
$50.610
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
No
2008-02-15 BUY David Burrows A wonderful company. Global infrastructure is a theme that he would like to be an investor in. There will be billions of dollars spent in the coming years. Just beat their most recent quarter by 20%. Have long-term contracts. Be aware that because credit spreads have widened out it is getting tougher to finance big infrastructure projects.
Price:
$71.930
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
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