** ICA Fluor, the industrial construction joint venture of ICA and FLR, reported the signing of a contract with Pemex Exploration and Production for the construction of an offshore production platform for the Ku-Maloob-Zaap field in the Gulf of Mexico with a total contract v
Online PR News – 06-June-2012 – Las Vegas, NV – ICA, Empresas ICA, S.A.B. de C.V. FLR, Fluor Corporation
ICA Fluor, the industrial construction joint venture of ICA and FLR, reported the signing of a contract with Pemex Exploration and Production for the construction of an offshore production platform for the Ku-Maloob-Zaap field in the Gulf of Mexico with a total contract value of $95 million. FLRs share of the contract, $47.5 million, will be booked in the second quarter. ICA Fluor and its subsidiary Industria del Hierro will be responsible for the procurement, construction, testing, and load out of the Ayatsil-C platform. Weighing 11,832 tons and reaching 132 meters deep, Ayatsil-C the first structure of this size to be installed by Pemex. The project is expected to be completed by the end of 2013. ICA Fluor is the leading industrial engineering-construction company in Mexico, dedicated to the engineering, procurement, construction and maintenance of industrial facilities in the oil and gas, chemical, petrochemical, automotive, power, mining, and telecommunication industries. ICA is Mexico's largest construction and infrastructure operations company. FLR designs, builds and maintains many of the world's most challenging and complex projects. More about ICA at www.ica.com.mx More about FLR at www.fluor.com.
OXM, Oxford Industries, Inc.
On its fiscal 2012 first quarter, OXM posted consolidated net sales of $231.0 million, an 11% increase year over year, and on an adjusted basis, earnings per diluted share from continuing operations increased 5% to $1.12 from $1.07 in the same period the prior year. OXM increased its full year outlook for net sales and adjusted earnings per share. For fiscal 2012, OXM expects adjusted earnings per diluted share in a range of $2.85 to $2.95 and net sales of $850 to $865 million. This compares to OXM's prior guidance of $2.70 to $2.80 in adjusted earnings per diluted share and net sales of $840 to $855 million. OXM is a global apparel company which designs, sources, markets and distributes products bearing the trademarks of its owned and licensed brands. OXM's brands include Tommy Bahama(R), Lilly Pulitzer(R), Ben Sherman(R), Oxford Golf(R), Arnold Brant(R) and Billy London(R). More about OXM at www.oxfordinc.com.
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