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Babcock & Wilcox Enterprises Inc (BW.N)

BW.N on New York Stock Exchange

0.39USD
14 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Babcock & Wilcox Enterprises Qtrly Loss Per Common Share $0.29
Thursday, 9 May 2019 

May 9 (Reuters) - Babcock & Wilcox Enterprises Inc ::BABCOCK & WILCOX ENTERPRISES ANNOUNCES FIRST QUARTER 2019 RESULTS.BABCOCK & WILCOX ENTERPRISES INC - Q1 2019 REVENUES OF $231.9 MILLION, A DECREASE OF $21.2 MILLION.BABCOCK & WILCOX ENTERPRISES - CONTINUE TO TARGET RUN-RATE ADJUSTED EBITDA OF APPROXIMATELY $100 MILLION AS WE EXIT 2020, NOT INCLUDING CORPORATE OVERHEAD.BABCOCK & WILCOX - COST SAVINGS IDENTIFIED ACROSS ALL SEGMENTS, CORPORATE LEVEL; IMPLEMENTATION PLAN, SAVINGS PROGRESSING IN LINE WITH EXPECTATIONS.BABCOCK & WILCOX ENTERPRISES INC - CONTINUES TO EVALUATE DISPOSITIONS AND ADDITIONAL OPPORTUNITIES FOR COST SAVINGS.BABCOCK & WILCOX ENTERPRISES INC - QTRLY BASIC AND DILUTED LOSS PER COMMON SHARE $0.29.  Full Article

B. Riley says Leads Financing For Babcock & Wilcox Enterprises
Friday, 5 Apr 2019 

April 5 (Reuters) - B. Riley Financial Inc ::B. RILEY FBR LEADS FINANCING FOR BABCOCK & WILCOX ENTERPRISES.B. RILEY FINANCIAL INC - B. RILEY FBR SERVED AS LEAD ARRANGER FOR A $150 MILLION SECURED FINANCING VIA A LAST OUT TERM LOAN FOR B&W..B. RILEY FINANCIAL INC - B. RILEY FBR HAS AGREED TO BACKSTOP A $50 MILLION RIGHTS OFFERING WHICH IS SUBJECT TO APPROVAL BY B&W SHAREHOLDERS..B. RILEY FINANCIAL INC - B. RILEY FBR HAS ALSO AGREED TO PROVIDE AN UNCOMMITTED INCREMENTAL TERM LOAN CREDIT FACILITY OF UP TO $15 MILLION..  Full Article

Babcock & Wilcox Enterprises, On March 19, Enters Into Amendment And Limited Waiver To Existing Credit Agreement
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Babcock & Wilcox Enterprises Inc ::ON MARCH 19 ENTERED INTO AMENDMENT AND LIMITED WAIVER TO EXISTING CREDIT AGREEMENT.AMENDMENT, LIMITED WAIVER REPLACES, EXTENDS WAIVERS OBTAINED BY COMPANY AS PART OF THE LIMITED WAIVER EXECUTED ON MARCH 15, 2019.AMENDMENT AND LIMITED WAIVER GIVES $10.0 MILLION IN ADDITIONAL COMMITMENTS UNDER 2ND TRANCHE OF LAST OUT TERM LOANS.AMENDMENT AND LIMITED WAIVER ALSO WAIVES CERTAIN EVENTS OF DEFAULT RELATED TO DEVELOPMENT PROJECTS IN RENEWABLES SEGMENT.  Full Article

Babcock & Wilcox Enterprises Files For Non-Timely 10-K With U.S. SEC
Monday, 18 Mar 2019 

March 18 (Reuters) - Babcock & Wilcox Enterprises Inc ::BABCOCK & WILCOX ENTERPRISES FILES FOR NON-TIMELY 10-K WITH U.S. SEC.BABCOCK & WILCOX ENTERPRISES SAYS DELAY IN FILING 10-K DUE TO ACTIVE SETTLEMENT NEGOTIATIONS FOR FINAL TWO RENEWABLE ENERGY LOSS CONTRACTS.BABCOCK & WILCOX ENTERPRISES SAYS ANTICIPATES THAT IT WILL BE ABLE TO FILE ITS COMPLETE ANNUAL REPORT ON FORM 10-K ON OR BEFORE APRIL 2, 2019.  Full Article

Babcock & Wilcox Announces Management Transition
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Babcock & Wilcox Enterprises Inc ::BABCOCK & WILCOX ANNOUNCES MANAGEMENT TRANSITION.BABCOCK & WILCOX ENTERPRISES INC - KENNY YOUNG APPOINTED CHIEF EXECUTIVE OFFICER.BABCOCK & WILCOX ENTERPRISES - LESLIE KASS, WHO HAS SERVED AS CEO SINCE FEB 2018, IS LEAVING TO PURSUE OTHER OPPORTUNITIES.BABCOCK & WILCOX ENTERPRISES INC - EXPECTS LOU SALAMONE WILL TRANSITION TO ROLE OF CHIEF FINANCIAL OFFICER IN NEAR TERM.BABCOCK & WILCOX ENTERPRISES - HENRY BARTOLI TO SERVE AS CHIEF STRATEGY OFFICER, WILL REMAIN MEMBER OF BOARD AS A NON-INDEPENDENT DIRECTOR.  Full Article

Babcock & Wilcox Enterprises Announced Jenny Apker Will Retire As Senior Vice President And CFO
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Babcock & Wilcox Enterprises Inc ::ANNOUNCED JENNY L. APKER WILL RETIRE AS SENIOR VICE PRESIDENT AND CFO OF COMPANY.BABCOCK & WILCOX ENTERPRISES SAYS APPOINTED JOEL MOSTROM AS INTERIM CFO - SEC FILING.  Full Article

Babcock & Wilcox Says Has Been Awarded Contract For More Than $50 Mln
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Babcock & Wilcox Enterprises Inc ::BABCOCK & WILCOX SAYS HAS BEEN AWARDED CONTRACT FOR MORE THAN $50 MILLION TO DESIGN, SUPPLY BOILER EQUIPMENT FOR EXISTING NORTH AMERICAN POWER PLANT.  Full Article

Elcano Sicav To Fully Participate In Babcock & Wilcox's Rights Offering
Monday, 12 Mar 2018 

March 12 (Reuters) - Babcock & Wilcox Enterprises Inc ::ELCANO SICAV ANNOUNCES ITS INTENTION TO FULLY PARTICIPATE IN BABCOCK & WILCOX´S RIGHTS OFFERING.‍ELCANO SICAV - VIEW BABCOCK & WILCOX​ STOCK AS "LARGELY UNDERVALUED" AND "URGE" BOARD TO EXPLORE ALL AVENUES.  Full Article

Steel Partners Holdings LP Reports 11.8 Pct Stake In Babcock & Wilcox Enterprises As Of Jan 26
Monday, 5 Feb 2018 

Feb 5 (Reuters) - Babcock & Wilcox Enterprises Inc ::STEEL PARTNERS HOLDINGS LP REPORTS 11.8 PERCENT STAKE IN BABCOCK & WILCOX ENTERPRISES INC AS OF JAN 26 - SEC FILING.STEEL PARTNERS HOLDINGS LP SAYS PURCHASED BABCOCK & WILCOX ENTERPRISES INC SHARES BASED ON BELIEF THAT SHARES, WHEN PURCHASED, WERE "UNDERVALUED".  Full Article

Babcock & Wilcox Appointed Leslie Kass To Serve As CEO
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Babcock & Wilcox Enterprises Inc ::BABCOCK & WILCOX INITIATES EXECUTIVE TRANSITION.BABCOCK & WILCOX ENTERPRISES INC - APPOINTED LESLIE C. KASS TO SERVE AS CEO AND A MEMBER OF COMPANY'S BOARD, EFFECTIVE IMMEDIATELY.BABCOCK & WILCOX ENTERPRISES INC - E. JAMES (JIM) FERLAND TO SERVE AS EXECUTIVE CHAIRMAN.  Full Article