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Jacobs Solutions Inc - J STOCK NEWS

Welcome to our dedicated news page for Jacobs Solutions (Ticker: J), a resource for investors and traders seeking the latest updates and insights on Jacobs Solutions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Jacobs Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Jacobs Solutions's position in the market.

Rhea-AI Summary
Piedmont Lithium appoints Dawne Hickton to its Board of Directors, bringing extensive manufacturing expertise and cross-industry experience to enhance strategic guidance. Hickton's background in aerospace, energy, and metals industries adds valuable insights to advance the company's business strategy in the global lithium market and drive shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
management
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Rhea-AI Summary
Piedmont Lithium appoints Dawne Hickton to its Board of Directors, bringing extensive manufacturing expertise and cross-industry experience to enhance strategic guidance. Hickton's background in aerospace, energy, and metals industries adds valuable insights to advance the company's business strategy in the global lithium market and drive shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.52%
Tags
management
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Rhea-AI Summary
Jacobs (J) has been chosen by United Utilities to optimize asset investment programs, supporting water infrastructure resilience in North West England. The $211 million agreement spans six years with a five-year extension option, focusing on program and asset optimization, value engineering, and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
none
Rhea-AI Summary
Jacobs (J) secures a $249M contract as a major subcontractor for MacDill Air Force Base support services, focusing on facilities optimization and sustainability infrastructure improvement. The project aims to enhance operational availability and sustainability through critical expertise and an intelligent asset management framework.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
Tags
none
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Rhea-AI Summary
Jacobs and Mott MacDonald have been selected by Thames Water as technical partners to support the delivery of the water company's $5.9 billion future asset investment programs under the Strategic Resource Option framework. The partnership aims to enhance water supply resiliency in London and surrounding areas through three major water infrastructure projects. Jacobs and Mott MacDonald will provide technical, engineering, environmental, regulatory, and planning services for the development and delivery of these projects over an eight-year period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
Tags
none
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Rhea-AI Summary
Jacobs (J) appointed as Lead Design Consultant for urban development project in Al Madinah, Saudi Arabia, supporting Vision 2030. The project aims to enhance Madinah as a global destination with hotels, residential buildings, and hospitality offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
Tags
none
Rhea-AI Summary
Jacobs Solutions Inc. (NYSE: J) reported a 9.5% increase in revenue, reaching $4.2 billion in the first quarter of fiscal 2024. The company's cash flow from operations totaled $418 million, and it repurchased $100 million in shares. Jacobs also announced an 11.5% quarterly dividend increase and reiterates its fiscal 2024 adjusted EBITDA and adjusted EPS outlook. The company's backlog reached $29.6 billion, up 4.7% year-over-year, and gross profit in backlog increased by 6.1% year-over-year. The reported EPS increased by 28% year-over-year, and the adjusted EPS from continuing operations also increased by 28% year-over-year. Jacobs' CEO highlighted the strong performance and robust organic revenue growth in the People and Places Solutions business, while the CFO emphasized the commitment to consistent return of capital to shareholders. The company also provided an update on the planned separation transaction, expecting it to close in the second half of fiscal year 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
Tags
earnings
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News
Rhea-AI Summary
Jacobs (J) has declared a quarterly cash dividend of $0.29 per share, marking an 11.5% increase from its previous dividend of $0.26. The dividend will be paid on March 22, 2024, to shareholders of record as of Feb. 23, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
dividends
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Rhea-AI Summary
Jacobs (NYSE:J) has been awarded a $132 million contract to provide research and technology services to the United Kingdom's naval nuclear propulsion program, supporting the Royal Navy's submarines. The contract runs until 2032 and includes essential technical support for the reactors powering the submarines, as well as future reactor development. This work is crucial for national security, as the U.K. is building new submarines and developing a new type of submarine under the AUKUS security agreement with the U.S. and Australia. Jacobs also provides nuclear safety and technical advice to the Royal Navy's submarine service under a separate $230 million, 10-year contract. The company's work is expected to support 100 more U.K. jobs, with Jacobs already employing over 11,000 people across the country.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
none
Rhea-AI Summary
Jacobs (NYSE:J) has been selected as a consultant for the BusConnects Cork Sustainable Transport Corridors program, aimed at enhancing mobility in Cork, Ireland. The program will provide better walking, cycling, and bus infrastructure for 11 key access corridors, with plans for new bus routes, cycling lanes, improved bus frequencies, new bus stops, and shelters, and the transition to a zero-emission bus fleet. Jacobs is also supporting the planning process for the NTA's BusConnects Dublin program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
none
Jacobs Solutions Inc

Nasdaq:J

J Rankings

J Stock Data

19.22B
124.18M
0.97%
87.18%
1.21%
Payroll Services
Professional, Scientific, and Technical Services
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