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Dividends, Land Acquisitions, New Communities, Financial Results, and Investor Conferences - Research Report on Flour, KB Home, Foster Wheeler, MDC Holdings, and MasTec

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Investors' Reports

Aug 14, 2013, 08:00 ET

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NEW YORK, August 14, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Fluor Corporation (NYSE: FLR), KB Home (NYSE: KBH), Foster Wheeler AG (NASDAQ: FWLT), MDC Holdings Inc. (NYSE: MDC), and MasTec, Inc. (NYSE: MTZ). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Fluor Corporation Research Report

On August 2, 2013, Fluor Corporation (Fluor) reported that the Company's Board of Directors has approved a quarterly cash dividend of $0.16 per share on the Company's common stock. The dividend is payable on October 2, 2013 to stockholders of record on September 3, 2013. The Full Research Report on Fluor Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/FLR]

--

KB Home Research Report

On August 1, 2013, KB Home announced its land acquisition for two new solar home communities in east San Diego County. According to the Company, model home construction at both La Mesa Meadows in La Mesa and Canton Hills in Lakeside is expected to commence in August 2013, with grand openings scheduled for the Fall of 2013. KB Home also informed that a special preview center for both communities is now open at the Grossmont Shopping Center in La Mesa and Home shoppers can have a look at the communities' layout, floor plan offerings and design choices, and sign-up for a VIP interest list. Steve Ruffner, President of KB Home's Southern California division said, "We're very pleased to have secured these two prime parcels of land in one of the county's most popular areas where there is a limited number of new home communities. In addition to offering home shoppers the chance to live in a truly 'A' location, they will also be getting the ultimate in value and choice in the form of a new Built to Order KB home with solar included." The Full Research Report on KB Home - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/KBH]

--

Foster Wheeler AG Research Report

On August 8, 2013, Foster Wheeler AG (Foster Wheeler) reported its Q2 2013 financial results with consolidated operating revenues of $863.4 million, down compared to $936.5 million in Q2 2012. Net income from continuing operations was $68.3 million or $0.68 per diluted share, compared with $30.4 million or $0.29 per diluted share in Q2 2012. Adjusted net income totaled $54.6 million against $33.7 million in Q2 2012. Foster Wheeler CEO, Kent Masters, said, "Our adjusted income from continuing operations in the second quarter of 2013 was 22% above the average quarter of 2012, due largely to the strong performance of our Global Engineering and Construction (E&C) Group, which reported a 29% increase in EBITDA and a 12% increase in scope revenues." The Company is raising its full-year earnings guidance with diluted EPS from continuing operations to be slightly above $1.54. The Full Research Report on Foster Wheeler AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/FWLT]

--

MDC Holdings Inc. Research Report

On August 5, 2013, M.D.C. Holdings Inc. (MDC Holdings) announced that its subsidiary, Richmond American Homes of Utah, opened a new community in Saratoga Springs, Utah. According to MDC Holdings, Fox Hollow -the new Community - offers single and two-story floor plans with approximately 1,900 to 4,500 finished square feet, and currently priced from the mid $200,000s. The Company also informed that Fox Hollow is currently selling in its pre-grand opening phase and an official grand opening is scheduled for the Fall of 2013.The Full Research Report on MDC Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/MDC]

--

MasTec, Inc. Research Report

On August 8, 2013, MasTec Inc. (MasTec) announced that it will present at Jefferies Global Industrials Conference on August 15, 2013, Thursday at 1:00 p.m. ET. According to MasTec, Bob Campbell, Executive Vice President and Chief Financial Officer, will represent MasTec at the conference. The presentation will be available at the Investors page of the Company's website. The Full Research Report on MasTec, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/MTZ]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

InvestorsReports.com

SOURCE Investors' Reports

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