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Stock Market & Financial Investment News

News Breaks
December 3, 2012
17:30 EDTPWR, DYDycom 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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May 21, 2015
08:20 EDTPWRQuanta Services coverage resumed with an Overweight at Stephens
Target $36.
May 19, 2015
16:12 EDTDYDycom reports Q3 total revenue $456.93M, consensus $468.2M
16:11 EDTDYDycom sees Q4 EPS 74c-82c, consensus 58c
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16:10 EDTDYDycom reports Q3 EPS 58c, consensus 37c
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15:00 EDTDYNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Analog Devices (ADI), consensus 72c... Autodesk (ADSK), consensus 28c... Computer Sciences Corporation (CSC), consensus $1.20... Qihoo 360 Technology (QIHU), consensus 49c... Keysight Technologies (KEYS), consensus 65c... Nordson (NDSN), consensus 86c... ViaSat (VSAT), consensus 42c... Dycom Industries (DY), consensus 37c.
May 15, 2015
10:01 EDTDYOn The Fly: Analyst Downgrade Summary
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06:16 EDTDYDycom downgraded to Underperform from Market Perform at Raymond James
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May 13, 2015
07:25 EDTPWRUBS to hold a tour
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