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EMCOR Group, Inc. Subsidiary Awarded Contract for Installation of Electrical Systems
Friday, March 18, 2011 - 7:42am | 109EMCOR Group, Inc. (NYSE: EME), announced that its Dynalectric Company subsidiary Georgia branch has been awarded a contract for the installation of all the electrical systems for Fort Stewart's Soldier Family Care Clinic located in Fort Stewart, Georgia. Dynalectric will be responsible for the...
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Ramblings on Japan And QE (Quantitative Easing)
Thursday, March 17, 2011 - 10:36am | 2939The world is a mess that is for sure. If you are inclined to watch the History Channel you have undoubtbly seen shows like the “Nostradamus Effect”, 2012 and others that posit the notion of the world entering in to an Armageddon scenario. Looking at what is transpiring in Japan one could get the...
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Wedbush Securities Reiterates Its Neutral Rating On Primoris Services Following Earnings
Thursday, March 17, 2011 - 9:08am | 184Wedbush Securities is reaffirming its cautious stance on shares of Primoris Services (NASDAQ: PRIM) despite the company's better-than-expected Q4 results. While the headline results handily beat expectations, top-line growth was driven primarily by contributions from the Ruby Pipeline Project...
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Sterling Construction Names Elizabeth D. Brumley Chief Accounting Officer
Thursday, March 17, 2011 - 8:45am | 53Sterling Construction Company, Inc. (Nasdaq: STRL) today announced that Elizabeth D. Brumley, CPA, has been named Chief Accounting Officer, effective March 17, 2011. She reports to Chief Financial Officer, James H. Allen, Jr., who has ceded the Chief Accounting Officer post to Ms. Brumley.
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A Peek Into The Market Before The Trading Starts
Thursday, March 17, 2011 - 7:35am | 446Pre-open moversUS stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average gained 51 points to 11,629.00 and futures on the S&P 500 stock index climbed 8.30 points to 1,262.20. Nasdaq 100 futures rose 10.25 points to 2,218.75....
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AECOM awarded $40-million Construction-management Contract
Thursday, March 17, 2011 - 7:01am | 51AECOM Technology Corporation (NYSE: ACM) announced today that it has been awarded a contract for the construction management of DC Water's Enhanced Nitrogen Removal Program in Washington. AECOM's total fees are approximately US$40 million during the five-year contract.
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Janney Capital Upgrades INSU To Buy
Thursday, March 17, 2011 - 5:56am | 47Analysts at Janney Capital upgrade Insituform Technologies Inc (NASDAQ: INSU) from “neutral” to “buy.” INSU shares dropped 0.48% to close at $24.87 yesterday. More Analyst Ratings here
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Jefferies Reports on JEC Investor Meeting
Wednesday, March 16, 2011 - 7:58am | 110Jefferies has reported on their investor meetings with Jacobs Engineering (NYSE: JEC). According to Jefferies, “We hosted investor meetings with Jacobs Engineering executives on the West Coast. Management continued to expect a modest recovery for its engineering services during 2011, but has seen...
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Sterling Construction Reports Q4 EPS of $0.54
Wednesday, March 16, 2011 - 6:47am | 60Sterling Construction (NASDAQ: STRL) reported its Q4 EPS at $0.54, versus the consensus of $0.14. STRL reported its revenue at $138 million, versus the consensus of $96.63 million. STRL shares gained 3.93% to close at $12.97 yesterday. Read more from Benzinga's Company news.
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Sterling Construction Company Reports Q4 EPS of $0.54 vs. $0.14
Wednesday, March 16, 2011 - 6:34am | 33Sterling Construction Company, Inc. (Nasdaq: STRL) today announced results for the fourth quarter ended December 31, 2010. Revenues $138.0M EPS $0.54
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Earnings Scheduled For March 16 (GES, NPD, CLC, HRBN, STRL, NKBP, PEGA, DXPE, KITD, CVVT, FSS, SCLN, GMR, CAST)
Wednesday, March 16, 2011 - 2:56am | 399Guess? Inc (NYSE: GES) is projected to report its Q4 EPS at $1.06 on revenue of $725.90 million. China Nepstar Chain Drugstore Ltd (NYSE: NPD) is expected to report its Q4 EPS at $0.03 on revenue of $94.37 million. CLARCOR Inc (NYSE: CLC) is projected to report its Q1 earnings at $0.42 per share...
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Fast Money Picks For March 16th (FCX, XOM, CBI, LUNMF, RMBS)
Tuesday, March 15, 2011 - 7:12pm | 291CNBC Fast Money's Brian Kelly said on the show that he is a buyer of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX). He explained that copper is performing better, and he added that FCX could also benefit from Japan's rebuilding. Freeport-McMoRan Copper & Gold Inc. (FCX) spiked 5.11% today...
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Jacobs Receives Contract from Jubail Chemical Industrial Company in Saudi Arabia
Tuesday, March 15, 2011 - 7:47am | 75Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has received an award from the Jubail Chemical Industrial Company Ltd to provide technical and project management services for its existing epichlorohydrin plant expansion and a new epichlorohydrin plant at the Jubail, Saudi Arabia...
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Jacobs Awarded $63M U.S. Army Contract
Tuesday, March 15, 2011 - 7:46am | 66Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it was awarded a contract by the United States Army Tank-automotive and Armaments Command in Warren, Mich. to support the Program Manager Mine Resistant Ambush Protected (PM-MRAP) Vehicle program. Officials estimate the contract value...
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Do We Need the 30-Year Fixed-Rate Mortgage?
Monday, March 14, 2011 - 10:06pm | 981That question is the title of a recent worker paper by Mercatus Center economists Michael Lea and Anthony Sanders, and I think the simple answer is "No." The authors present evidence that the 30-year fixed-rate mortgage (FRM) is really a creation of U.S. government policy, and certainly wouldn't...