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AECOM alliance wins US$15-million contract for new rail link in Australia
Tuesday, June 21, 2011 - 6:00am | 120AECOM Technology Corporation (NYSE: ACM) announced today that an alliance in which it participates, known as TrackStar Alliance, was awarded a US$15-million contract to build transit rail infrastructure in Queensland, Australia. The Richlands-to-Springfield section of the Darra-to-Springfield...
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Natural Gas Glut Fuels A Chemical Boom
Monday, June 20, 2011 - 2:07pm | 327Odds are, you've never heard of ethylene. However, the basic commodity chemical is the foundation to many more complex products such as paint, plastics and glue. What's more exciting, is the price for this basic chemical has skyrocketed about 70% over the last eight months. Overall increasing...
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Industrials Stocks Surging Ahead
Friday, June 17, 2011 - 11:58am | 421The Industrials Sector is posting strong gains in today's session, currently up 0.7% on the day. The strongest stocks in the S&P 500 Industrials Sector currently are: 1) Flowserve (NYSE: FLS): Shares of Flowserve are currently trading up 4.7% from yesterday's close to $105.85. The stock may be...
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Citi Comments On Chicago Bridge & Iron Senior Management Meetings
Friday, June 17, 2011 - 7:39am | 77According to Citi, Chicago Bridge & Iron (NYSE: CBI) exposure to energy is compelling. Citi said that it spent some time on the road in Europe in meetings with the senior management team of CBI. “Overall, investors were pleased with CBI's operational performance over the last several quarters...
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Top 4 Small-Cap Stocks In The General Contractors Industry With The Highest Revenue
Thursday, June 16, 2011 - 11:08pm | 134Below are the top small-cap general contractors stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at EMCOR Group Inc (NYSE: EME) is $5.22 billion. EME's operating margin for the same period is 4.27%. The trailing-twelve-month revenue at Comfort Systems USA...
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Insituform Technologies Lowers 2011 Guidance to $1.30 to $1.40 vs. $1.75 to $1.90 Prior
Thursday, June 16, 2011 - 8:37am | 38Insituform Technologies, Inc. (Nasdaq: INSU) today announced updated diluted earnings per share guidance for the full year 2011 of $1.30 to $1.40 due principally to underperformance in the North American Sewer Rehabilitation business.
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MasTec Acquires Halsted Communications for $14.6M
Thursday, June 16, 2011 - 6:03am | 84MasTec, Inc. (NYSE: MTZ) today announced that it has acquired Halsted Communications, Ltd., an install-to-the-home contractor operating primarily in portions of New York, Pennsylvania, and New England. Halsted's primary customer is DIRECTV. MasTec acquired all of the issued and outstanding...
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India Globalization Will Amend Annual Statement for FYE 3/31/10
Wednesday, June 15, 2011 - 3:35pm | 188India Globalization Capital (NYSE: IGC) today announced that it filed a Form 8-K stating that it will restate the financial Statements for the Year Ended March 31, 2010 and the financial statements for the quarter ended December 31, 2009 to correct a miscalculation in EPS and a misclassification in...
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Sterling Construction Company is Apparent Low Bidder on a $62M Project for North Texas Tollway Authority
Wednesday, June 15, 2011 - 7:47am | 100Sterling Construction Company, Inc. (Nasdaq: STRL) today announced that its Texas-based subsidiary, Texas Sterling Construction Co. , with a bid of $61,952,016, was apparent low bidder on a six mile section of the SH 121/ Southwest Parkway project for the North Texas Tollway Authority. The...
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Foster Wheeler Awarded Basic Engineering Design and Feed Contract by Preem
Wednesday, June 15, 2011 - 7:16am | 67Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Preem AB Preemraff Lysekil to perform the basic engineering design and front-end engineering design for Preem's Energy Savings Program 2013 Turnaround...
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Integrated Electrical CEO Michael Caliel To Leave June 30; Names James M Lindstrom Interim CEO
Thursday, June 9, 2011 - 3:32pm | 259The Board of Directors of Integrated Electrical Services, Inc. (NASDAQ: IESC) today announced the appointment of James M. Lindstrom as Interim Chief Executive Officer and President of IES. Lindstrom succeeds Michael J. Caliel, who will be leaving the Company, effective June 30, 2011, to pursue...
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Layne Christensen Up Over 13% after Upbeat Quarterly Earnings
Wednesday, June 8, 2011 - 9:28am | 36Layne Christensen Co (NASDAQ: LAYN) reported stronger-than-expected first-quarter results on Wednesday. Read more here.
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Benzinga's Volume Movers
Wednesday, June 8, 2011 - 9:18am | 152Ulta Salon, Cosmetics & Fragrance, Inc (NASDAQ: ULTA) shares surged 9.19% to $54.17 at 10:17 am. The volume of ULTA shares traded was 721% higher than normal. ULTA reported upbeat Q1 results and issued stronger-than-expected Q2 earnings forecast. Pharmasset Inc (NASDAQ: VRUS) shares moved up...
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News Summary
Wednesday, June 8, 2011 - 8:59am | 336Shares of McDonald's Corp (NYSE: MCD) dropped about 1.1% after the company reported a 3.1% rise in its global comparable sales at all restaurants in operation at least 13 months in May. McDonald's sales increased 2.4% in the US, rose 2.3% in Europe and surged 4.3% in Asia, Middle East and Africa....
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Earnings Roundup For June 8
Wednesday, June 8, 2011 - 8:08am | 467Layne Christensen Co (NASDAQ: LAYN) reported stronger-than-expected first-quarter results on Wednesday. LAYN reported its quarterly net income at $13.1 million, or $0.66 per share, up from $6.6 million, or $0.34 per share, in the year-ago period. Excluding one-time items, LAYN's earnings came in at...