Shares of construction and engineering companies climbed on Thursday after a rocky start earlier in the day, as the broader market turned higher amid a decline in oil prices.
Meanwhile, Pike Electric Corp. said it was buying a subsidiary of Shaw Group Inc., sending shares of both companies higher.
Here's how some shares of construction and engineering companies performed:
Pike Electric, up $1.35, or 8.4 percent to $17.45.
Shaw Group, up 22 cents to $65.08.
KBR Inc., down 5 cents to $36.21.
Perini Corp., up 12 cents to $37.68.
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