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Stock Market & Financial Investment News

News Breaks
November 15, 2011
06:10 EDTAEP, PWR
theflyonthewall.com: Quanta Services selected by American Electric as provider
Quanta Services (PWR) announced that it has been selected by American Electric Power (AEP) to provide transmission infrastructure services for two AEP Transmission Company subsidiaries. Under agreements with AEP Ohio Transmission Company and AEP Oklahoma Transmission Company, Quanta will rebuild or replace existing transmission infrastructure including, but not limited to, structures, conductor and shield wire. The infrastructure services provided by Quanta will be performed on over 900 miles of existing transmission lines for an estimated aggregate value of more than $300M. Work has begun and should be completed in 2014. The final terms and conditions of the agreements are expected to be finalized shortly. :theflyonthewall.com



News For AEP;PWR From The Last 14 Days
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May 21, 2012
13:37 EDTPWR
theflyonthewall.com: Piper expects further sector consolidation following Cooper deal
Piper Jaffray expects consolidation in the electrical and industrial components sector to continue after Eaton (ETN) acquired Cooper Industries (CBE). The firm views Quanta Services (PWR), Acuity Brands (AYI) and Elster (ELT) as attractive potential takeover targets within its coverage universe. :theflyonthewall.com

May 18, 2012
08:22 EDTAEP
theflyonthewall.com: BofA/Merrill's electric utilities analyst has conference call May 21 not May 18

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May 16, 2012
06:10 EDTPWR
theflyonthewall.com: Quanta Services expands master agreement regarding CREZ with ETT

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