Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, operation, maintenance and asset integrity, and project management services worldwide and operates in four segments: Energy & Chemicals; Mining, Industrial, Infrastructure & Power; Diversified Services; and Government.
Fluor Corp announced their first quarter earnings this past week and the stock price plummeted almost 25% toward a near 11-year low, while suffering their biggest-ever one-day drop, after the engineering, reported an unexpected loss, revenue that missed expectations, provided a downbeat outlook and after the chief executive had stepped down.
Profit and investor confidence in the engineering and construction company has been
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