Fluor-ishing in a Recession

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Fluor Corp. (FLR) is a wonderfully diverse company that has maintained its strength as the economy has worsened over the past year. When Fluor reported third quarter earnings last month, it beat consensus estimates for the fourth straight quarter, this time by 11%. Revenues were $5.67 billion which narrowly missed estimates of $5.8 billion but sales grew 38.4% over last year. In addition, the company reportedrecords in new business booking and its highest-ever backlog of business, which prompte


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