CB&I noted there was unusual trading volume in its common stock. The activity appears to be related to the issuance of a report by a short seller recommending that stockholders sell CB&I stock.
CB&I noted there was unusual trading volume in its common stock. The activity appears to be related to the issuance of a report by a short seller #
CB&I has reviewed the report and strongly disagrees with its assumptions and conclusions.
CB&I noted there was unusual trading volume in its common stock. The activity appears to be related to the issuance of a report by a short seller #
Notably, the report warns readers to assume that the short-selling firm and/or its affiliates hold short positions in CB&I common stock and that they stand to realize significant gains in the event that CB&I's stock price declines. CB&I believes that this conflict of interest should cause the report and its conclusions to be viewed skeptically.
CB&I noted there was unusual trading volume in its common stock. The activity appears to be related to the issuance of a report by a short seller #
"CB&I's management team operates our company with the absolute highest integrity, and we take great issue with erroneous claims such as these," said Philip K. Asherman, CB&I's President and Chief Executive Officer.
CB&I noted there was unusual trading volume in its common stock. The activity appears to be related to the issuance of a report by a short seller #
CB&I's second quarter financial results are scheduled to be released in late July 2014. The company is confirming that it expects to report results within the ranges of its current guidance for the year.
CB&I noted there was unusual trading volume in its common stock. The activity appears to be related to the issuance of a report by a short seller #
About CB&I
CB&I is the most complete energy infrastructure focused company in the world and a major provider of government services. With 125 years of experience and the expertise of approximately 55,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality.
CB&I noted there was unusual trading volume in its common stock. The activity appears to be related to the issuance of a report by a short seller #
CB&I
marketing@alchempro.com
