New Contract, Business Divestitures, Upcoming Conference Calls, and Acquisitions - Analyst Notes on CB&I, ABB, Foster Wheeler, IDEX and B&W

NEW YORK, June 27, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding CB&I (NYSE: CBI), ABB (NYSE: ABB), Foster Wheeler AG (NASDAQ: FWLT), IDEX Corporation (NYSE: IEX) and The Babcock & Wilcox Company (NYSE: BWC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4193-100free.

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CB&I Analyst Notes
On June 23, 2014, CB&I announced that it has been awarded an $800 million five-year contract by Exelon Generation Company, LLC for long-term maintenance, modification, and construction services for five additional nuclear power units in New York and Maryland. The Company informed that the contract is an expansion of CB&I's existing scope for 17 other Exelon nuclear power units. As per the agreement, the Company will also provide temporary staffing, painting, and insulation services at all Exelon-owned and operated nuclear power units. "This award underscores CB&I's expertise in nuclear maintenance, modification and construction and our commitment to ensuring the safe and reliable operation of our customer's facilities," said Patrick K. Mullen, President of CB&I's Engineering, Construction and Maintenance operating group. The full analyst notes on CB&I are available to download free of charge at:

http://www.analystsreview.com/Jun-27-2014/CBI/report.pdf

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ABB Analyst Notes
On June 20, 2014, ABB announced the completion of the sales transaction of Power-One's Power Solutions business to Bel Fuse Inc on June 19, 2014. According to the Company, Power Solutions business unit was part of ABB's acquisition of Power-One, Inc. The Company divested Power Solutions due to its limited fit and few synergies with ABB's other businesses. Despite the divestiture, ABB cleared that Power-One's solar inverter business will remain in the portfolio of the group. The full analyst notes on ABB are available to download free of charge at:

http://www.analystsreview.com/Jun-27-2014/ABB/report.pdf

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Foster Wheeler AG Analyst Notes
On June 24, 2014, Foster Wheeler AG (Foster Wheeler) announced that a subsidiary of its Global Engineering and Construction Group was awarded a contract by Glencore Oil Projects AG for the engineering and material supply of a steam reformer heater for hydrogen production for the Orsknefteorgsyntez Refinery at Orsk, Russia. Commenting on the achievement, Roberto Penno, CEO of Foster Wheeler Global Engineering and Construction Group, said, "We have a long and very successful track record in designing and supplying heaters for the Russian market, and we are very pleased to have received this award, which constitutes another vote of confidence in the quality and reliability of our heaters." The full analyst notes on Foster Wheeler are available to download free of charge at:

http://www.analystsreview.com/Jun-27-2014/FWLT/report.pdf

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IDEX Corporation Analyst Notes
On June 24, 2014, IDEX Corporation (IDEX) announced that it will broadcast its Q2 2014 earnings conference call on July 23, 2014 at 9:30 a.m. CT. Andrew Silvernail, Chairman and CEO, and Heath Mitts, Senior Vice President and CFO, of IDEX will discuss the Company's Q2 2014 financial performance and respond to questions from the financial community. According to the Company, interested investors to listen to the call and view the presentation slides on IDEX's website. The full analyst notes on IDEX are available to download free of charge at:

http://www.analystsreview.com/Jun-27-2014/IEX/report.pdf

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The Babcock & Wilcox Company Analyst Notes
On June 23, 2014, The Babcock & Wilcox Company (B&W) announced that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has completed the acquisition of MEGTEC based on an enterprise value of $155 million, subject to adjustments. MEGTEC, an industrial processes solutions provider, will operate as a subsidiary of B&W PGG under the trade name of Babcock & Wilcox MEGTEC. J. Randall Data, B&W PGG President and Chief Operating Officer, said, "We're excited to welcome B&W MEGTEC's employees and customers to The Babcock & Wilcox Company. Both companies have a strong heritage of technology development and innovation that we believe will provide many opportunities for diversification and growth worldwide. We expect a smooth transition and integration process with no business disruption." The full analyst notes on B&W are available to download free of charge at:

http://www.analystsreview.com/Jun-27-2014/BWC/report.pdf

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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

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