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From Times Staff and Wire Reports

Fluor Revenue Is Up: Engineering and construction giant Fluor Corp. on Thursday posted higher revenue for its third fiscal quarter, the first year-to-year increase in nearly two years. The company said revenue was $1.7 billion for the quarter ended July 31, up 5% from the same period a year earlier. Earnings also rose 5% to $36.8 million, or 45 cents a share. The company said that its core business, Fluor Daniel in Irvine, posted an operating profit of nearly $50 million for the quarter, and that the unit’s backlog of new orders is $12.8 billion, the highest level since the early 1980s. In August, Fluor Daniel won the largest environmental cleanup contract yet, worth $2.2 billion initially, to mop up a closed uranium fuel plant in Fernald, Ohio, for the U.S. Department of Energy.

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