10:00 AM EST - SNC-Lavalin Group Inc. : Announced that it is exiting lump-sum turnkey contracting and will reorganize the Company's Resources (Oil & Gas and Mining & Metallurgy) and Infrastructure Construction segments into a separate business line following continued poor performance of these segments. The Company is also exploring all options for its Resources segment, particularly its Oil & Gas (O&G) business, including transition to a services-based business or divestiture. SNC-Lavalin Group Inc.
shares T.SNC are trading down $1.85 at $23.66.
