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Sterling Construction Company, Inc. Reports 2009 Third Quarter Results
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Business Wire
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Mon 8:30 am ET
HOUSTON----Sterling Construction Company, Inc. today announced results for the third quarter and nine months ended September 30, 2009. $ in millions 3 Months ended 09-30-09 Over 9-30-08 % Change 9 Months ended 09-30-09 Over 9-30-08 % Change Revenues $ 103.9 $ % $ 319.2 $ 13.4 4.4 % Gross profit $ 16.5 $ 4.0 31.6 % $ 46.9 $ 14.5 44.8 % Gross margin 15.9 % 11.0 % 14.7 % 10.6 % Operating income $ 13.0 $ 3.5 37.4 % $ 36.4 $ 14.1 63.2 % Net income attributable to common stockholders $ 8.1 $ 2.1 35.4 % $ 22.9 $ 8.7 61.2 % Diluted net income per share attributable to common stockholders $ 0.59 $ 0.15 34.1 % $ 1.67 $ 0.63 60.6 %
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Tutor Perini Corporation Announces Settlement Agreement
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Business Wire
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Thu Nov 5
SYLMAR, Calif.----Tutor Perini Corporation , a leading civil and building construction company, today announced that it has entered into a civil settlement agreement with the United States Department of Justice that resolves all outstanding issues for the Company related to a federal investigation into subcontracts between the Company’s Civil Division and certain minority-owned and disadvantaged-owned business enterprises on construction projects in the New York City area between 1998 and 2003.
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Fluor Wins New Iraq Contracts From U.S. Army Corps of Engineers
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Business Wire
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Thu Nov 5
IRVING, Texas----Fluor Corporation announced today that the company was awarded three new contracts by the United States Army Corps of Engineers to provide life support services for its personnel and other clients in Iraq.
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Granite Construction Declares Quarterly Dividend
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Business Wire
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Thu Nov 5
WATSONVILLE, Calif.----Granite Construction Incorporated today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable January 15, 2010 for stockholders of record December 31, 2009.
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Shares of Shaw Group jump after large buys by CEO
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AP
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Thu Nov 5
Shares of the Shaw Group jumped Thursday soon after the CEO of the engineering and construction firm bought $6.4 million worth of shares this week.
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MasTec Announces Pricing of $100 Million of 4.25% Senior Convertible Notes due 2014
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PR Newswire
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Thu Nov 5
MasTec, Inc. announced today that it has entered into definitive purchase agreements with accredited investors who are also qualified institutional buyers for the purchase and sale of $100 million of 4.25% Senior Convertible Notes due 2014 .
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Foster Wheeler 3rd-quarter profit drops
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AP
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Wed Nov 4
Foster Wheeler AG said Wednesday its third-quarter profit dropped 30 percent as unfavorable currency translations, higher pension costs, increased taxes and lower interest income hurt results.
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MYR Group Inc. Announces 2009 Third-Quarter and the First Nine-Months Conference Call
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GlobeNewswire
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Mon Nov 2
ROLLING MEADOWS, Ill. -- MYR Group Inc. , a leading specialty contractor serving the electrical infrastructure market in the United States, announced it will release third-quarter and the first nine-months 2009 results on Monday, November 9, 2009, after the close of trading.
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Shaw 4Q earnings fall due to declining dollar
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AP
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Thu Oct 29
Engineering and construction company The Shaw Group said Thursday that its fiscal fourth-quarter earnings fell 87 percent because of the weakening U.S. dollar against the yen in its Westinghouse segment.
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McDermott Announces Dates for Third Quarter 2009 Financial Results and Conference Call
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Business Wire
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Wed Oct 21
HOUSTON----McDermott International, Inc. announced today that it plans to release financial results for the third quarter of 2009 during the evening of Monday, November 9, 2009. The Company will host its quarterly conference call with the financial community the following morning, Tuesday, November 10 at 10:00 a.m. .
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