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Shaw Group

About Shaw Group

The Shaw Group Inc. is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation and facilities management services for government and private sector clients in the energy, chemicals, environmental, infrastructure and emergency response markets. A Fortune 500 company with fiscal 2008 revenues expected to exceed $7 billion, Shaw is headquartered in Baton Rouge, La., and employs approximately 27,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region.


Shaw Group in News

Perry Capital's Richard Perry and Hall Capital Partners' Kathryn Hall Honored; More Than 100 Investors, Consultants, Managers and Rising Stars Nominated for Awards in Institutional Investor's 13th Annual Hedge Fund Industry Awards
Institutional Investor magazine is delighted to announce the honorees and nominees for the 13th annual Hedge Fund Industry Awards.

Citadel's Kenneth Griffin Raked in $1.3 Billion in 2014 to Top the Roster of the World's Highest-Earning Hedge Fund Managers
Kenneth Griffin, founder and CEO of Chicago-based Citadel, makes his debut atop the latest installation of The Rich List, Institutional Investor's Alpha's 14th annual ranking of the world's top-earning hedge fund managers. Griffin, who has made 13 appearances on the Rich List, earned $1.3 billion in fees and gains on his own capital in 2014.

D. E. Shaw Group Announces Move into New Hyderabad Offices
D. E. Shaw India Software Private Limited (“DESIS”) announced today the opening of its new headquarters office in Jubilee Hills, Hyderabad, India.  DESIS is a part of the D. E. Shaw group, a global investment and technology development firm.  The move was celebrated with a dedication ceremony that included Mr. K

Day & Zimmermann Names Industry Veteran VP of Projects
Day & Zimmermann (D&Z), the century-old, family-owned provider of construction & engineering, staffing, and defense solutions for leading corporations and governments around the world, announced today that the company's Engineering, Construction & Maintenance group has named Doug Napodano Vice President of Projects

Cervel Neurotech(TM) Announces $14.1 Million Financing
Cervel Neurotech, Inc. a privately held company developing a novel, non-invasive and non-pharmacologic therapy for depression, pain and other conditions, today announced that it has completed a capital raise of $14.1 million. The Company's existing investors, D. E. Shaw Ventures and Aberdare Ventures, participated in the equity financing

Appaloosa Management's David Tepper Leads the Latest Ranking by Institutional Investor's Alpha of the World's 25 Top-Earning Hedge Fund Managers
Last year was not the easiest time for investors to make money. Macroeconomic concerns continued to roil markets in the wake of the global financial crisis -- with the euro facing potential collapse, several European economies threatening to default on debt, China's economy slowing and the U.S. vexed by fiscal cliff challenges

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of PSS World Medical, Inc. in Connection With the Sale of the Company to McKesson Corporation
Levi & Korsinsky notifies investors of PSS World Medical, Inc. ("PSSI" or the "Company") (NASDAQ: PSSI) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to McKesson Corporation (NYSE: MCK). A complaint was filed in Florida state court.

Rob Berra Joins CH2M HILL as President of Firm's Energy & Chemicals Business Group
CH2M HILL (, a global full-service consulting, design, construction and operations firm, is pleased to announce that Rob Berra has joined the company as President of its Energy & Chemicals Business Group.

With All the Projects That Pike Electric Is Involved in, It's No Surprise That 2012's Financial Performance Didn't Disappoint, an Industrial Info News Alert
Pike Electric Corporation (NYSE:PIKE) is among the companies that have been able to survive the post-recession period better than others. The company's executives mentioned how pleased they were when they shared the company's fourth-quarter and full-year financial results in a conference call on September 5. According to Eric Pike, chairman and CEO, "Fiscal 2012 was a good year

Chicago Bridge & Iron to Acquire Shaw Group in $3 Billion Deal, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) -- Chicago Bridge & Iron Company (NYSE:CBI) (CB&I) (The Woodlands, Texas) has entered into a definitive agreement to acquire engineering, procurement and construction (EPC) giant The Shaw Group Incorporated (NYSE:SHAW) (Baton Rouge, Louisiana) in a cash and stock transaction valued at roughly $3 billion

Equity Briefing: Upgrades and Downgrades for July 30th: ASGN, AUTH, AZO, CPSI, KKR, LM, MOS, MRK, SHAW, SLXP,
A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network ( and Equity Briefing:Deutsche Bank initiated coverage on shares of On Assignment, Inc. (NASDAQ: ASGN). They issued a buy rating on the stock and set a $21.00 price target

Equity Briefing: Stock Analysts' Downgrades for July 12th: AEC, DRWI, EW, FIS, N, SKS
A number of stocks were downgraded by equities research analysts today, as reported by Analyst Ratings Network:Associated Estates (NYSE: AEC) was downgraded by analysts at Robert W. Baird from an ""outperform"" rating to a ""neutral"" rating. They now have a $16.00 price target on the stock, down previously from $20.00.Corus Entertainment Inc

Equity Briefing: Stock Analysts' Downgrades for July 11th: AA, CVGI, DD, DNDN, HGG, LIFE, SPLS, ODP, SHAW
A number of stocks were downgraded by equities research analysts today:

Today's Market Driven by Key Factors - Featured Research on Marsh & McLennan Companies, Inc. and PNC Financial Services
Today, introduced featured coverage of Marsh & McLennan Companies, Inc. (NYSE: MMC) and PNC Financial Services (NYSE: PNC). Full research reports are available to readers at:

Entergy and Shaw Begin Construction of Ninemile Point Unit 6, an Industrial Info News Alert
Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Louisiana utility regulators have given units of Entergy Corporation (NYSE:ETR) (New Orleans, Louisiana) and The Shaw Group Incorporated (NYSE:SHAW) (Baton Rouge, Louisiana) authorization to begin construction of the 550-megawatt (MW) Ninemile Point Power Station Unit 6

Changing Industry Dynamics Bring Mixed Results for Shaw Group's Second-Quarter 2012 Earnings, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) -- The Shaw Group (NYSE:SHAW) (Baton Rouge, Louisiana) yesterday reported earnings results for the company's second quarter of the 2012 fiscal year. Of the company's business segments, Shaw's Plant Services segment walked away as the big winner for the quarter, with revenues of $323

Vogtle Plant Could Herald New Life for Nuclear in U.S., an Industrial Info News Alert
Research by Industrial Info Resources (Sugar Land, Texas) -- Site preparation had been going on long before the Westinghouse AP1000 reactors for the Vogtle Nuclear Power Station in Waynesboro, Georgia, were approved by the Nuclear Regulatory Commission (NRC)

Shaw CEO Predicts Boom in Power Projects as Emissions Regulations Take Effect and Nuclear Sector Gains Lost Ground, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) -- Last week, The Shaw Group Incorporated (NYSE:SHAW) released earnings results for the first quarter (ending Nov. 30, 2011) of the company's 2012 fiscal year. The company's revenues were $1

Combined Assets of Billion-Dollar Hedge Funds Reach $1.4 Trillion, AR Magazine Survey Finds
American hedge funds reported a healthy increase in assets in this year's first half and now manage a combined $1.399 trillion. That's $102 billion, or nearly 8%, more than they managed at the beginning of the year, according to the latest Billion Dollar Club, AR Magazine's survey of American hedge funds managing $1 billion or more.

Shaw Group Faces Rough Headwinds in Fiscal Third-Quarter 2011, Remains Optimistic, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) -- Engineering, procurement and construction giant The Shaw Group Incorporated (NYSE:SHAW), which is headquartered in Baton Rouge, Louisiana, reported an overall decline in sales and profits for the fiscal third quarter of 2011, as company officials cited subcontractor execution issues as the major factor in the "disappointing" quarter

MIT Enterprise Forum of Cambridge Presents "Offshore Wind in New England: Lessons Learned, the Way Forward"
On June 1, the MIT Enterprise Forum of Cambridge will present an Innovation Series event: "Offshore Wind in New England: Lessons Learned, the Way Forward," which will feature an illustrious panel moderated by Ian Bowles, the former Massachusetts Secretary of Energy and Environmental Affairs.

Environmental Remediation Leader TerraTherm Adds Respected Safety Expert Linda F. Martin
TerraTherm, Inc., a leading provider of in situ environmental remediation services and technologies, announces that highly respected health and safety expert Linda F. Martin has joined the company as Corporate Safety & Compliance Director. "TerraTherm has made safety and compliance central to our corporate culture from the beginning

Hagrid Solutions Named "Cool Vendor" by Leading Analyst Firm
Hagrid Solutions (, the company that is transforming reporting and dashboard design with its self-service solution, Xtraction, today announced that it has been recognized by Gartner in its "Cool Vendors in IT Operations Management, 2011" report of April 15, 2011 by Milind Govekar, David M. Coyle, Debra Curtis, Ronni J. Colville, and Will Cappelli.

Shaw Group: AP1000 Technology Is Sound, Nuclear Projects Will Continue, an Industrial Info News Alert

Toshiba to Raise Ownership of Westinghouse by Acquiring Stocks Owned by Shaw Group
Toshiba Corporation (TOKYO: 6502) announced today that the company will increase its ownership in Westinghouse Electric by acquiring all shares (20% of the holding companies of Westinghouse Electric) currently held by Nuclear Energy Holdings LLC, a wholly owned subsidiary of the Shaw Group Inc., the U.S. engineering company

Shaw's Mumbai Office Completes GAIL Furnace Project with Excellent Safety Performance
The Shaw Group Inc. (NYSE: SHAW) today announced its Mumbai, India, office has completed services work for the addition of a Shaw proprietary Ultra Selective Cracking (USC®) furnace for GAIL (India) Limited in Pata, Uttar Pradesh, India

Shaw and Axens Selected to License Next Generation Fluidized Catalytic Cracking Technology
The Shaw Group Inc. (NYSE: SHAW) and Axens have been selected to license a next-generation catalytic cracking technology that will help refiners maximize the production of propylene and other high-value refinery products.

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