Comments on: KBR profits down 14% thanks to you! http://mssparky.com/2009/10/kbr-profits-down-14-thanks-to-you/ Wed, 23 May 2012 17:46:05 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: » KBR profits down 14% thanks to you! http://mssparky.com/2009/10/kbr-profits-down-14-thanks-to-you/comment-page-1/#comment-35386 » KBR profits down 14% thanks to you! Wed, 07 Dec 2011 23:09:29 +0000 http://mssparky.com/?p=5243#comment-35386 [...] KBR profits down 14% thanks to you! [...] [...] KBR profits down 14% thanks to you! [...]

]]> By: Ms Sparky http://mssparky.com/2009/10/kbr-profits-down-14-thanks-to-you/comment-page-1/#comment-6112 Ms Sparky Tue, 08 Dec 2009 14:05:55 +0000 http://mssparky.com/?p=5243#comment-6112 Just an update. KBR has lost 25% of it's value just since Oct 22, 2009. Oct 22 closing: 24.49 Dec 07 closing: 18.28 Sounds like their ethics issues and business practices might be catching up with them. Just an update. KBR has lost 25% of it’s value just since Oct 22, 2009.

Oct 22 closing: 24.49
Dec 07 closing: 18.28

Sounds like their ethics issues and business practices might be catching up with them.

]]> By: Ms Sparky http://mssparky.com/2009/10/kbr-profits-down-14-thanks-to-you/comment-page-1/#comment-5855 Ms Sparky Tue, 24 Nov 2009 21:07:18 +0000 http://mssparky.com/?p=5243#comment-5855 KBR Down 10.5% Since SmarTrend's Sell Recommendation http://www.tradingmarkets.com/.site/news/Stock%20News/2678105/ KBR Down 10.5% Since SmarTrend’s Sell Recommendation

http://www.tradingmarkets.com/.site/news/Stock%20News/2678105/

]]> By: ..... http://mssparky.com/2009/10/kbr-profits-down-14-thanks-to-you/comment-page-1/#comment-5515 ..... Fri, 30 Oct 2009 13:31:00 +0000 http://mssparky.com/?p=5243#comment-5515 Ms Sparky said,on October 30th, 2009 at 5:20 am Another thing I have huge concerns about is that KBR is going to charge back to the DoD that jury award that ASCO received in their suit against KBR. --------------------------- It also gives the DoD, DoJ and others an incentive not to investigate, indict or prosecute criminal and civil actions. This may explain alot for example: "They ripped us off for XXXX million but even if we win it will cost us XXXXXXX million after they charge the contract for the additional costs incurred for the award + legal fees. Wonder if legal fees are charged back to the "customer" at cost+3? Ms Sparky said,on October 30th, 2009 at 5:20 am Another thing I have huge concerns about is that KBR is going to charge back to the DoD that jury award that ASCO received in their suit against KBR.
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It also gives the DoD, DoJ and others an incentive not to investigate, indict or prosecute criminal and civil actions. This may explain alot for example: “They ripped us off for XXXX million but even if we win it will cost us XXXXXXX million after they charge the contract for the additional costs incurred for the award + legal fees. Wonder if legal fees are charged back to the “customer” at cost+3?

]]> By: Ms Sparky http://mssparky.com/2009/10/kbr-profits-down-14-thanks-to-you/comment-page-1/#comment-5514 Ms Sparky Fri, 30 Oct 2009 13:20:13 +0000 http://mssparky.com/?p=5243#comment-5514 Another thing I have huge concerns about is that KBR is going to charge back to the DoD that jury award that ASCO received in their suit against KBR. I think the number is around $27M or more. They will probably call it a cost of doing business. That disturbs me! Hopefully Congress is paying attention here! http://www.kbr.com/news/press_releases/2008/08/26/Court_Reduces_Award_in_Final_Judgment_in_Associated_Construction_Company_WLL_Case_Against_KBR.aspx Another thing I have huge concerns about is that KBR is going to charge back to the DoD that jury award that ASCO received in their suit against KBR. I think the number is around $27M or more.

They will probably call it a cost of doing business. That disturbs me! Hopefully Congress is paying attention here!

http://www.kbr.com/news/press_releases/2008/08/26/Court_Reduces_Award_in_Final_Judgment_in_Associated_Construction_Company_WLL_Case_Against_KBR.aspx

]]> By: gungho http://mssparky.com/2009/10/kbr-profits-down-14-thanks-to-you/comment-page-1/#comment-5512 gungho Fri, 30 Oct 2009 08:13:07 +0000 http://mssparky.com/?p=5243#comment-5512 Go back to Bill Utt's statement in July which he said KBR was not appealing the US decision to give it to 2 others. He said that since there was a engineering firm KBR aquired that would be picking up the slack left by KBR not getting Logcap 4. He also said KBR profits from Afghanistan were 11%. KBR has not left yet. How much more of a loss will there be once it finishes Logcap 3? It also does not help the bottom line by just recently increasing the unpaid time off to 5 days for minor safety violations like not wearing a seatbelt. No pay to employee means less profit. How many have had time off? KBR HR says the rules were always there but never enforced. They have never shown anyone that I know the rules that cover this nor their date of implementation. Has anyone ever seen them actually? Kudos go to those 2 ex soldiers who stopped KBR from getting that road contract in that Texas town. A gross loss of $60 million there. Go back to Bill Utt’s statement in July which he said KBR was not appealing the US decision to give it to 2 others. He said that since there was a engineering firm KBR aquired that would be picking up the slack left by KBR not getting Logcap 4. He also said KBR profits from Afghanistan were 11%. KBR has not left yet. How much more of a loss will there be once it finishes Logcap 3? It also does not help the bottom line by just recently increasing the unpaid time off to 5 days for minor safety violations like not wearing a seatbelt. No pay to employee means less profit. How many have had time off? KBR HR says the rules were always there but never enforced. They have never shown anyone that I know the rules that cover this nor their date of implementation. Has anyone ever seen them actually? Kudos go to those 2 ex soldiers who stopped KBR from getting that road contract in that Texas town. A gross loss of $60 million there.

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