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Non-Tech : Trinity Industries (TRN) --Riding the Rails !!
TRN 27.02-2.9%Oct 30 3:59 PM EDT
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To: Sam Citron who wrote (13)4/28/2009 4:26:09 PM
From: Arthur Radley  Read Replies (1) of 60
 
Yah, Whoooooo!

Beat earnings by .06 cents and revenue by $250 M----

THE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE:CBI - News) today reported net income of $48.8 million, or $0.51 per diluted share, for the first quarter of 2009, up 16% compared with net income of $42.2 million, or $0.43 per diluted share, in the first quarter of 2008. New awards totaled $610.8 million in the quarter bringing CB&I’s total backlog to $4.9 billion as of March 31. Revenue for the quarter was $1.3 billion compared with first quarter 2008 revenue of $1.4 billion.
“We are pleased with first quarter results and are increasingly encouraged by the overall activity in the global energy infrastructure markets we serve,” said Philip K. Asherman, President and CEO. “CB&I’s business model capitalizes on the need for a broad range of technologies, project types and sizes in this extremely diversified global energy market. With major new projects being developed throughout the world, we are well-positioned to take advantage of what we believe is a growing momentum for technology, steel plate storage facilities, and engineering services, particularly in international markets.”
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