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Stock Market & Financial Investment News

News Breaks
December 3, 2012
17:30 EDTDY, PWRDycom sees Quanta Services acquisitions accretive to revenue, EPS in 2013
Dycom Industries (DY) announced that it has completed its acquisition of the telecommunications infrastructure services subsidiaries of Quanta Services (PWR) for $275M in cash plus an adjustment estimated to be $25M-$40M for working capital and other specified items. The acquired subsidiaries are currently expected to produce calendar year 2013 revenues ranging from $400M-$450M. Excluding one-time transaction and integration costs of approximately $12M-$15M, the acquisition is currently expected to produce 5c-10c per share of earnings accretion next calendar year, inclusive of interest expense associated with the acquisition financings and non-cash amortization expense.
News For DY;PWR From The Last 14 Days
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September 15, 2014
09:20 EDTDYDycom EPS could double when 1GB cycle starts, says BB&T
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September 9, 2014
10:39 EDTDYDycom sees Q2 contract revenue growth in mid single digits compared to last year
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10:36 EDTDYDycom repeats guidance for Q1 EPS 45c-52c, consensus 50c
Repeats guidance for Q1 contract revenues $490M-$510M. Q1 revenue consensus $501M. Previously issued guidance repeated in slides in regulatory filing.
08:59 EDTDYDA Davidson's construction analyst holds an analyst/industry conference call
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07:27 EDTPWRQuanta Services management to meet with UBS
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07:02 EDTDYDA Davidson to hold a conference
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06:07 EDTDYDycom files automatic mixed securities shelf
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September 8, 2014
13:28 EDTDYDycom management to meet with BB&T
Meetings to be held in the Midwest September 11-12 hosed by BB&T.
07:38 EDTPWRQuanta Services management to meet with UBS
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