Foster Wheeler to Present at Bear Stearns 2nd Annual Commodities and Capital Goods Conference -- Presentation Time Changed
November 27 2006 - 10:00AM
Business Wire
Foster Wheeler Ltd. (Nasdaq: FWLT) previously announced on November
13 that Raymond J. Milchovich, chairman, president and chief
executive officer, and John T. La Duc, executive vice president and
chief financial officer, will make a presentation to investors at
the Bear Stearns 2nd Annual Commodities and Capital Goods
Conference in New York City on Thursday, November 30, 2006. The
time previously assigned to Foster Wheeler�s presentation has been
changed and is now 10:00 a.m. (Eastern). Foster Wheeler invites
investors and those interested to listen to a live audio webcast
and view presentation slides via the Investor Relations
Presentations section of its website. Following is the direct link
to the webcast page:
http://phx.corporate-ir.net/phoenix.zhtml?c=80422&p=irol-irhome.
A replay of the webcast and presentation slides will also be
available on the website for approximately 30 days following the
presentation. Foster Wheeler Ltd. is a global company offering,
through its subsidiaries, a broad range of engineering,
procurement, construction, manufacturing, project development and
management, research and plant operation services. Foster Wheeler
serves the refining, upstream oil and gas, LNG and gas-to-liquids,
petrochemicals, chemicals, power, pharmaceuticals, biotechnology
and healthcare industries. The corporation is based in Hamilton,
Bermuda, and its operational headquarters are in Clinton, New
Jersey, USA. For more information about Foster Wheeler, please
visit our website at http://www.fwc.com. Note to Editors: Safe
Harbor Statement This press release may contain forward-looking
statements that are based on the Company�s assumptions,
expectations and projections about Foster Wheeler and the various
industries within which it operates. These include statements
regarding the Company�s expectation about revenues (including as
expressed by its backlog), its liquidity, the outcome of litigation
and legal proceedings and recoveries from customers for claims, and
the costs of current and future asbestos claims and the amount and
timing of related insurance recoveries. Such forward-looking
statements by their nature involve a degree of risk and
uncertainty. The Company cautions that a variety of factors,
including but not limited to the factors described under Part II,
Item 1A. �Risk Factors� in its most recent quarterly report on Form
10-Q, could cause business conditions and results to differ
materially from what is contained in forward-looking statements:
changes in the rate of economic growth in the United States and
other major international economies; changes in investment by the
power, oil and gas, pharmaceutical and chemical/petrochemical
industries; changes in the financial condition of the Company�s
customers; changes in regulatory environment; changes in project
design or schedules; contract cancellations; changes in the
Company�s estimates of costs to complete projects; changes in
trade, monetary and fiscal policies worldwide; currency
fluctuations; war and/or terrorist attacks on facilities either
owned or where equipment or services are or may be provided;
outcomes of pending and future litigation, including litigation
regarding the Company�s liability for damages and insurance
coverage for asbestos exposure; protection and validity of the
Company�s patents and other intellectual property rights;
increasing competition by foreign and domestic companies;
compliance with the Company�s debt covenants; recoverability of
claims against the Company�s customers and others by the Company
and claims by third parties against the Company; and changes in
estimates used in the Company�s critical accounting policies. Other
factors and assumptions not identified above were also involved in
the formation of these forward-looking statements and the failure
of such other assumptions to be realized, as well as other factors,
may also cause actual results to differ materially from those
projected. Most of these factors are difficult to predict
accurately and are generally beyond the Company�s control. You
should consider the areas of risk described above in connection
with any forward-looking statements that may be made by the
Company. Foster Wheeler undertakes no obligation to publicly update
any forward-looking statements, whether as a result of new
information, future events or otherwise. You are advised, however,
to consult any additional disclosures the Company makes in proxy
statements, quarterly reports on Form 10-Q, annual reports on Form
10-K and current reports on Form 8-K filed with the Securities and
Exchange Commission. Foster Wheeler Ltd. (Nasdaq: FWLT) previously
announced on November 13 that Raymond J. Milchovich, chairman,
president and chief executive officer, and John T. La Duc,
executive vice president and chief financial officer, will make a
presentation to investors at the Bear Stearns 2nd Annual
Commodities and Capital Goods Conference in New York City on
Thursday, November 30, 2006. The time previously assigned to Foster
Wheeler's presentation has been changed and is now 10:00 a.m.
(Eastern). Foster Wheeler invites investors and those interested to
listen to a live audio webcast and view presentation slides via the
Investor Relations Presentations section of its website. Following
is the direct link to the webcast page:
http://phx.corporate-ir.net/phoenix.zhtml?c=80422&p=irol-irhome.
A replay of the webcast and presentation slides will also be
available on the website for approximately 30 days following the
presentation. Foster Wheeler Ltd. is a global company offering,
through its subsidiaries, a broad range of engineering,
procurement, construction, manufacturing, project development and
management, research and plant operation services. Foster Wheeler
serves the refining, upstream oil and gas, LNG and gas-to-liquids,
petrochemicals, chemicals, power, pharmaceuticals, biotechnology
and healthcare industries. The corporation is based in Hamilton,
Bermuda, and its operational headquarters are in Clinton, New
Jersey, USA. For more information about Foster Wheeler, please
visit our website at http://www.fwc.com. Note to Editors: Safe
Harbor Statement This press release may contain forward-looking
statements that are based on the Company's assumptions,
expectations and projections about Foster Wheeler and the various
industries within which it operates. These include statements
regarding the Company's expectation about revenues (including as
expressed by its backlog), its liquidity, the outcome of litigation
and legal proceedings and recoveries from customers for claims, and
the costs of current and future asbestos claims and the amount and
timing of related insurance recoveries. Such forward-looking
statements by their nature involve a degree of risk and
uncertainty. The Company cautions that a variety of factors,
including but not limited to the factors described under Part II,
Item 1A. "Risk Factors" in its most recent quarterly report on Form
10-Q, could cause business conditions and results to differ
materially from what is contained in forward-looking statements:
changes in the rate of economic growth in the United States and
other major international economies; changes in investment by the
power, oil and gas, pharmaceutical and chemical/petrochemical
industries; changes in the financial condition of the Company's
customers; changes in regulatory environment; changes in project
design or schedules; contract cancellations; changes in the
Company's estimates of costs to complete projects; changes in
trade, monetary and fiscal policies worldwide; currency
fluctuations; war and/or terrorist attacks on facilities either
owned or where equipment or services are or may be provided;
outcomes of pending and future litigation, including litigation
regarding the Company's liability for damages and insurance
coverage for asbestos exposure; protection and validity of the
Company's patents and other intellectual property rights;
increasing competition by foreign and domestic companies;
compliance with the Company's debt covenants; recoverability of
claims against the Company's customers and others by the Company
and claims by third parties against the Company; and changes in
estimates used in the Company's critical accounting policies. Other
factors and assumptions not identified above were also involved in
the formation of these forward-looking statements and the failure
of such other assumptions to be realized, as well as other factors,
may also cause actual results to differ materially from those
projected. Most of these factors are difficult to predict
accurately and are generally beyond the Company's control. You
should consider the areas of risk described above in connection
with any forward-looking statements that may be made by the
Company. Foster Wheeler undertakes no obligation to publicly update
any forward-looking statements, whether as a result of new
information, future events or otherwise. You are advised, however,
to consult any additional disclosures the Company makes in proxy
statements, quarterly reports on Form 10-Q, annual reports on Form
10-K and current reports on Form 8-K filed with the Securities and
Exchange Commission.
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