Those nuclear contracts have the potential to sink the entire company's equity. Maybe the Japanese government bails them out, in which case buying in would be a good idea. With that leverage they can likely negotiate good outs. If they aren't able to resolve it will be incredibly expensive to get out of them short term. Similar to JPM's high cost to exit the fundementally correct London Whale trades. I do hold some CB&I shares though.
2/21/17 at 1:46pm