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News Breaks
November 14, 2012
08:55 EDTAWK, AWK, SPA, SPA, POWR, POWR, ZIXI, ZIXI, WEBM, WEBM, PRIM, PRIM, GUID, GUID, STEI, STEI, GSB, GSB, TXCC, TXCCThree Part Advisors to host a conference
Southwest IDEAS Investor Conference is being held in Dallas on November 14-15 with webcasted company presentations to begin on November 14 at 9 am; not all company presentations may be webcasted. Webcast Link
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March 25, 2015
10:00 EDTAWKOn The Fly: Analyst Upgrade Summary
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06:39 EDTAWKAmerican Water upgraded to Outperform from Neutral at RW Baird
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March 24, 2015
08:10 EDTGUIDGuidance says security products selected by life insurance company
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March 23, 2015
16:40 EDTAWKAmerican Water coverage resumed with a Buy at Janney Capital
Target $62.
07:31 EDTPRIMPrimoris announces three-year, $45M master service agreement
Primoris Services announced a new three year Master Service Agreement from a major utility customer with an anticipated value of $45M. The contract was secured by the ARB Underground division, part of the West Construction Services segment. The MSA will commence in April. The award is for gas distribution work in four regions, ranging from central California up to the Oregon border. This MSA represents incremental revenue to ARB’s historic work for the client. The work covered by the agreement includes the replacement of Aldyl-A low pressure distribution mains and services and restoration of public streets, sidewalks and private property to their original condition. Primoris anticipates that the MSA will generate approximately $15M per year, and it is likely that the contract will be extended beyond the initial three years. While the agreement does not obligate the customer to award Primoris a specific dollar amount, its discussions and history with the customer form the basis for its anticipated value.
March 17, 2015
08:17 EDTSPASparton acquires
Sparton announced that its wholly owned subsidiary, Sparton of Canada, completed the acquisition of substantially all of the assets of on March 16 in an all-cash transaction. “We have amassed a business in which we expect synergies to benefit our customers, our operations, and our product development.’s revenue is expected to enhance the company’s Engineered Components & Products segment EBITDA and be accretive to earnings within the next nine to 12 months, once integration activities are completed,” said Sparton. The transaction was funded through Sparton’s borrowings under the credit facility currently in place.
07:06 EDTPOWRPowerSecure awarded $50M in new business
PowerSecure International announced it has been awarded $50M in new business, including approximately $26M of new distributed generation, or DG, business, approximately $16M of new utility infrastructure business and approximately $8M of new energy efficiency business.
March 16, 2015
11:36 EDTPOWRPowerSecure management to meet with Craig-Hallum
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