Faster-Than-Expected Drop in Coal Power Generation Takes Toll on B&W
SUGAR LAND--June 29, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--A faster-than-expected drop in U.S. coal-fired power generation is taking its toll on energy services provider Babcock & Wilcox Enterprises Incorporated (NYSE:BW) (B&W) (Charlotte, North Carolina), which announced Tuesday the layoff of 200 employees and the restructuring of its traditional power business. Within this article: Details of latest earnings guidance by Babcock & Wilcox Enterprises Incorporated (NYSE:BW).
