Chicago Bridge & Iron Company N.V.
NYSE:CBI ISIN:US1672501095
Chicago Bridge and Iron Company N.V. (NYSE:CBI) together with its subsidiaries (CB&I) is one of the engineering, procurement and construction (EPC) companies. CB&I provides conceptual design, technology, engineering, procurement, fabrication, construction, commissioning and associated maintenance services to customers in the energy and natural resource industries. The Company’s operating segments serves under four market sectors: Liquefied Natural Gas (LNG), Energy Processes, Steel Plate Structures and Lummus Technology.
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News
The Australian share market fell for the fourth consecutive day dragged by resources stocks. The local shares dropped sharply at in early trade amid the global debt jitters. The disappointing growth figures from Japan also weighed on the local market. At the close, the benchmark S&P/ASX200 index fell 32.7 points, or 0.7 per cent, at 4637.9, while the broader All Ordinaries lost 33.8 points, or 0.7 per cent, to 4652.6. The Aussie dollar also fell below 91 US cents today.
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