A pair of companies will unveil their earnings for the first quarter of 2014 this week. Babcock & Wilcox is set to host an earnings call at 8:30 a.m. Tuesday, while URS will hold a call with investors at 5 p.m. Tuesday. B&W is likely to release its earnings Monday afternoon, while URS is likely to release its earnings Tuesday afternoon just before the earnings call takes place. Notably, this will be B&W’s first earnings report since it gave up its fight for the Y-12/Pantex management and operating contract, which represents about half of the revenue for B&W’s Technical Services Group.
EARNINGS CALLS ON TAP THIS WEEK FOR URS, B&W
Calvert Cliffs to receive uprate in Constellation, Amazon 20-year nuclear power deal
Constellation Energy’s Calvert Cliffs Clean Energy Center in Lusby, Md., will add 190 megawatts to its current capacity under a new power purchase agreement (PPA) between the company and Amazon. Amazon and Constellation announced this 20-year-long deal on Sept. 30. Constellation said the deal “will enable more than $3 billion in Maryland infrastructure investment, including […]