Now that President Bushs signature is on the transport and energy bills, which outfits stand to gain?
Even during his annual vacation, President Bush found the time to sign into law two wide-ranging bills affecting key elements of America’s infrastructure. On Aug. 8, he approved the Energy Policy Act of 2005 — the first comprehensive change in U.S. energy policy in 13 years — which aims to promote more efficient use of energy, among other measures. // ‘); } // ]]> // And on Aug. 11, he signed a six-year (2004 through 2009) transportation bill could increase government outlays on highways, mass transit, and rail systems by as much as $295 billion. With all that taxpayer money sloshing around, which companies stand to gain the most? A number of industrial outfits are likely to benefit, according to Standard & Poor’s equity analysts. “MINIMAL EFFECT.” Companies in the engineering and construction segment are likely to benefit from the new legislation, says Stewart Scharf, an equity analyst with Standard & Poor’s. Scharf specifically cites two stocks currently recommended by S&P: Jacobs
