April 10, 2017: Tetra Tech announced that Tetra Tech EC was one of six firms selected for a $240 million multiple-award contract for environmental remediation of radiological contaminants (RADMAC II) at various Navy and Marine Corps installations in California, Arizona, Nevada, Colorado, New Mexico, Utah, and other locations throughout the United States. RADMAC II supports (Read More….)
April 6, 2017: Aecom Technology subsidiary URS Federal Services has been awarded an estimated $3,600,000,000 indefinite-delivery/ indefinite-quantity contract with award fee and award term portions for remotely piloted aircraft services. Contractor will provide testing, tactics development, advanced training, Joint and Air Force urgent operational need missions.
January 25, 2017: AECOM is another stock I (Read More….)
April 5, 2017: Fluor Corp announced today that it has been awarded a bid-build contract in Texas for the construction of the Texas Department of Transportation’s (TxDOT) U.S. 287 Project in Ellis County, just south of Dallas and Fluor’s corporate headquarters in Irving. Fluor will book the undisclosed contract value in the first quarter of (Read More….)
March 22, 2017: Berenberg raised Teck Resources to a Buy rating from Hold and set a price target of $27. Berenberg cites a tighter but well supplied copper market.
February 15, 2017: Teck Resources reports Q4 EPS of C$1.61 versus the C$0.03 y/y estimate. Revenue also beat coming in at C$3.56 billion versus the C$2.14 (Read More….)
March 02, 2017: Ameresco reports Q4 EPS of $0.07 versus the $0.04 estimate. Revenue also beat coming in at $174.2 million versus the $171 million estimate. The company has increased their share buyback to $15 million from $10 million (6.3% of market cap).
CEO George P. Sakellaris said, “Our full-year results and the increase (Read More….)
February 28, 2017: US Concrete, Inc. reports Q4 EPS of $0.82 versus the $0.70 estimate. Revenue also beat coming in at $318.8 million versus the $317 million estimate. Ready mixed concrete average sales price rose to $132.25/cubic yard which represents a +5.5% increase YoY. Aggregate average sales price rose to $12.57/cubic yard which represents a (Read More….)
February 24, 2017: Mastec reports Q4 EPS of $0.70 versus the $0.54 estimate. Revenue also beat coming in at $1.34 billion versus the $1.32 billion estimate.
José R. Mas CEO said, “We exceeded our fourth quarter expectations, driven primarily by improved productivity in our Oil & Gas segment. We also signed pipeline contracts approximating (Read More….)
February 22, 2017: Tutor Perini announced that it has been awarded an $80 million design-build contract by the U.S. Air Force to design and construct facilities in support of the Royal Saudi Air Force through a Foreign Military Sales program. The project was competitively bid through an Air Force Civil Engineer Center multiple award task (Read More….)
January 29, 2017: Insteel Industries, on January 19, 2017, reported a Q1 2017 earnings miss. The stock dropped some, flushed, but is now rising hard on rising money flow. Insteel Industries trades at a forward P/E of 12.31.
The catalyst for Insteel Industries is an increase in infrastructure spending and the construction of a border (Read More….)
December 21, 2016: Seeing heavy call activity in HD Supply, 1,955 February $45 calls trade at $1.25. This heavier call activity comes a day after reports circulating that HD Supply has hired an adviser to gauge takeover interest on pressure from Jana.
December 20, 2016: Industrial equipment wholesale company HD Supply has reportedly hired an (Read More….)
The US National Hurricane Center just reported that tropical storm Matthew is heading for the Central Caribbean Sea. The tropical storm is moving west at 15 mph with max sustained winds of 65 mph.
Quanta Services provides infrastructure contracting services to the electric power, gas, telecommunications and cable television industries. After a big storm (Read More….)
June 14, 2016: NV5 Holdings Inc was awarded $5.4 million in CQA Contracts for Fort Lauderdale-Hollywood International Airport. NV5 Global was awarded by Broward County two contracts for an initial term of five years to provide Quality Assurance Materials Testing services at the Fort Lauderdale-Hollywood International Airport (FLL) for $5.4 million. NV5 has (Read More….)