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DALLAS , Sept. 6, 2024 /PRNewswire/ -- Jacobs (NYSE:J) announced today that Bob Pragada, Jacobs' CEO, has been appointed to the additional position of Chair of the Board effective upon close of the separation of its Critical Mission Solutions and Cyber and Intelligence businesses.
Jacobs Solutions (J) reported earnings 30 days ago. What's next for the stock?
Jacobs Solutions shows strong backlog growth and is nearing completion of a spin-off and merger, reinforcing my ‘Strong Buy' rating with a $170 price target. The spin-off of Critical Mission Solutions and Cyber & Intelligence Businesses will allow J stock to focus on high-margin critical infrastructure and sustainability projects. Jacobs delivered 1% revenue growth and 5.9% backlog growth in Q3, with strong future growth expected in the People and Places Solutions and PA consulting segments.
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J's JV to support innovation and technology development, housing, community, and commercial facilities within Northern Metropolis.
Toronto, Ontario--(Newsfile Corp. - Le 20 août/August 2024) - Lotus Ventures Inc. (“Lotus” or the “Company”) has announced that it has closed the previously announced transaction (the "Transaction") contemplated by the Company's proposal to its creditors, as amended (the “Proposal”), and the Company's subscription agreement dated May 3, 2024 with 5008679 Ontario Limited (the Purchaser”), as amended and restated on June 4, 2024 and further amended on July 15, 2024 (the "Agreement"). The Transaction was completed in accordance with the terms of the Agreement and the provisions of a reverse-vesting order granted by the Supreme Court of British Columbia In Bankruptcy and Insolvency on June 14, 2024 (the “RVO”).
Leverages global aviation capabilities and sustainable initiatives to deliver masterplan and runway design DALLAS , Aug. 20, 2024 /PRNewswire/ -- Jacobs (NYSE:J) was selected by King Salman International Airport Development Company to provide concept masterplan validation, detailed masterplan design, runway design and other services for the King Salman International Airport in Riyadh, Saudi Arabia. The masterplan will cover an area of approximately 57 square kilometers and include six parallel runways, new terminals and real estate development in the surrounding area.
Project reduces congestion and increases sustainable transit options for residents and tourists in Washington, D.C. DALLAS , Aug. 20, 2024 /PRNewswire/ -- As a result of superior performance, Jacobs (NYSE:J) was awarded an extension as program management consultant for the District Department of Transportation (DDOT) DC Streetcar.
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2024) - Lotus Ventures Inc. (CSE: J) ("Lotus" or the "Company") wishes to provide an update on the transaction previously announced on May 17, 2024 (the "Transaction"). On July 29, 2024, the Company obtained a partial revocation order issued by the British Columbia Securities Commission (the "Partial Revocation Order") relating to the cease trade order issued to the Company on April 4, 2024 for failure to file certain outstanding continuous disclosure documents (the "CTO").