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Friday, February 27, 2015

KBR Reverses To Loss On Massive Restructuring Charges



Investors.com http://ift.tt/1ARSFog KBR (KBR) disclosed fourth-quarter performance that fell below earnings estimates amid sinking revenue and rising costs associated with the massive restructuring that took effect at the end of December. The engineering and construction company, which focuses heavily on the oil industry and government, reported a 59-cent per share loss excluding one-time items. That was a reversal from a 54-cent profit in the same quarter last year and missed


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