Economy Bolsters Demand for Heavy Construction - Research Report on Desarrolladora Homex, URS, Foster Wheeler, Forestar Group and Chicago Bridge & Iron

NEW YORK, March 5, 2013 /PRNewswire/ --

Today, Investors Alliance announced new research reports highlighting Desarrolladora Homex, SAB de CV (NYSE:HXM), URS Corporation (NYSE:URS), Foster Wheeler AG (NASDAQ:FWLT), Forestar Group Inc. (NYSE:FOR) and Chicago Bridge & Iron Company N.V. (NYSE:CBI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Desarrolladora Homex, SAB de CV Research Report

Mexican homebuilder Desarrolladora Homex posted a net loss of $16 million in Q4 2012 compared to a profit of $4.79 million one year ago, after a change in government affecting subsidies for its low-income houses as well as sales costs increases and exchange rate losses for the quarter. Revenue did rise 21.5 percent to $625 million from $515 million thanks to payments from the Mexican government for the jails it is building, though revenue from home sales did decline to $447 million. Nevertheless, the stock has been performing well as of late, rising 1.45 percent to $11.90 per share following the 8 percent plunge after the earnings report was released. The Street rates the company as a "hold," citing strengths in revenue, valuation levels, and cash flow, all countering its high debt management risk and poor profit margins. The Full Research Report on Desarrolladora Homex, SAB de CV - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/2a80_HXM]

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URS Corporation Research Report

URS reported Q4 2012 earnings per share of 95 cents, up a whopping 156.7 percent year over year, while revenue was $2.97 billion, up 24.2 percent compared with $2.39 billion year over year. Management says profits were primarily driven by strong activity in the company's oil and gas business, while revenue was aided by strong performance of the federal sector in addition to their oil and gas businesses. In comparison, analysts expected earnings per share of 99 cents. Meanwhile earnings of $4.17 a share for 2012 exceeded the expected $4.15 a share driven by strong business across the company's segments and synergies from the acquisition of Flint Energy. For this year, the company expects revenue to be between $11.8 billion and $12.2 billion and earnings between $4.25 and $4.75 a share. The Full Research Report on URS Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/616d_URS]

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Foster Wheeler AG Research Report

Foster Wheeler has been awarded a contract by Korean conglomerate Daelim Industrial for the design and supply of a circulating fluidized-bed steam generator in the Philippines, the SM200 Phase 1 Coal Fired Power Station of Sarangani Energy Corporation, a joint venture company between Alsons Consolidated Resources, Inc. and Toyota Group. The company will design the 100 MWe generator, which will burn coal with lesser emissions, and auxiliary equipment for the project. In other news, Foster Wheeler is set to report its Q4 2012 results on the first week of March this year, and is expected to be solid on the back of three big orders, including the project mentioned. The Full Research Report on Foster Wheeler AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/4f5f_FWLT]

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Forestar Group Inc. Research Report

Forestar Group reported Q4 2012 net income of approximately $10 million or 28 cents per diluted share, compared with a Q4 2011 net loss of approximately $22.9 million or 65 cents per share. The results included after-tax expenses of approximately $400,000 of 1 cent per share, associated with acquisition of CREDO Petroleum, compared to last year's after-tax loss of $28.9 million, or 82 cents per share related to non-cash asset impairments in relation to the company's acquisition of the entire interest in 17 projects from the CL Realty and TEMCO ventures. Meanwhile, Forestar announced the pricing of a public offering of $110 million aggregate principal amount of its 3.75% Convertible Senior Notes due 2020. The Full Research Forestar Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/8539_FOR]

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Chicago Bridge & Iron Company N.V. Research Report

CB&I reported Q4 2012 results, with earnings per share of 91 cents 30 percent higher from 70 cents a share earned in the year-ago quarter, while revenue came is up 22.5 percent year over year to $1.5 billion. In comparison, analysts predicted earnings of 83 cents per share. The growth was attributed to strong order activity during the quarter, as well as higher demand for energy infrastructure, especially in the LNG, gas processing and oil sands markets across the world. For the quarter, new awards totaled $2.8 billion, which in turn increased the company's backlog to $7.3 billion for 2012 with a good mix of reimbursable and lump sum contracts. The Full Research Report on Chicago Bridge & Iron Company N.V. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/e03f_CBI]

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SOURCE Investors-Alliance