B&W Company News
B&W Company News
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B&W Announces Executive Appointments


(CHARLOTTE, N.C. – December 6, 2016) – Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) is announcing a number of rotational changes involving key members of the company’s leadership team.
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Babcock & Wilcox Announces Third Quarter 2016 Results


CHARLOTTE, N.C.--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today third quarter 2016 revenues of $411.0 million, a decrease of $9.0 million, or 2.1%, compared to the third quarter of 2015. The GAAP earnings per share for the third quarter of 2016 was $0.18 compared to earnings per share of $0.11 for the third quarter of 2015. Our adjusted earnings per share, which excludes restructuring activities, acquisition and integration costs, non-cash mark-to-market adjustments for pension and other post-retirement benefits, and spin-off transaction costs, was $0.24 for the three months ended September 30, 2016 compared to adjusted earnings per share of $0.25 in the prior year period.
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Babcock & Wilcox to Webcast Discussion of Its Third Quarter 2016 Results


CHARLOTTE, N.C.--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (the “Company”) expects to webcast a discussion of its third quarter 2016 results on Thursday, November 3, 2016 at 8:30 a.m. ET.
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Babcock & Wilcox Announces Second Quarter 2016 Results


Closed acquisition of SPIG S.p.A. on July 1, 2016 Announces Additional $100 Million Share Repurchase Authorization 
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B&W Announces Restructuring of Traditional Power Business and Updates Guidance for 2016


Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) today announced actions to proactively restructure its traditional power business in advance of a lower projection for U.S. coal generation and has updated guidance for 2016 to reflect: The net impact of the restructuring and decreased coal-related revenue in the second half of 2016. A charge to correct an engineering design error on a new build renewable energy plant in Europe. The resulting re-engineering, on-site rework and delivery delay will result in a $32 million pretax charge in the quarter and a full-year ($0.51) EPS impact. The shift of $38 million in 2016 expected revenue from a Canadian oil sands project that was delayed due to the impact of the Fort McMurray fires.
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