foster wheeler

Analysts at UBS (NYSE: UBS) expect delayed infrastructure and public works projects to pick up steam as the U.S. economy slowing regains its footing. While the pace of it has been slow so far this year, pent up demand could push things along in the second half of the year and especially in 2014....

The cover story in this week's Barron's offers an outlook for European stocks in 2013. While Europe's sovereign-debt crisis is far from over, doubts about the eurozone's sustainability have been all but put to rest. Some investors think that European stocks could rally up to 20% in the coming year...

The European situation was the focus at this past weekend's G20 meeting. Even as a bailout of Greece seems to be all but set, several eurozone members teeter on the brink of recession. On top of that comes the backlash from Iran over sanctions due to its nuclear development efforts. See also:...

Citigroup has lowered the price target on Foster Wheeler AG (NYSE: FWLT) from $41 to $40 and maintains its Hold rating.

Goldman Sachs published a research report on Engineering & Construction in the U.S. In the report, Goldman Sachs writes "In our view, investors should stay selective as 2011 consensus estimates still look too high for certain EI stocks (e.g., Sell rated JEC). CL-Buy CBI ($28 price target) and...