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Stock Market & Financial Investment News

News Breaks
June 27, 2014
07:33 EDTEMEEMCOR unit awarded contract for operations and maintenance at FBCH
EMCOR Group announced that its subsidiary EMCOR Government Services has been awarded contracts for operation, maintenance, and repair of systems and services with an expanded scope of work at Fort Belvoir Community Hospital and the building housing the Northern Region Medical Command in Fort Belvoir, Virginia. EGS has been the service provider for Fort Belvoir Community Hospital since it opened in 2011. EMCOR Government Services will be responsible for the operation, maintenance, and repair of Fort Belvoir Community Hospital, a 1.8 million square foot facility that contains 120 patient beds, several operating rooms, an intensive care unit, a level II nursery, and a Warrior Transition Unit, and more than 65 specialty outpatient clinics. Scope of work includes repair and maintenance of the HVAC, electrical, plumbing, and refrigeration systems, as well as operation and repair of all hospital emergency power, medical gas, communications, fire and life safety, and vertical transportation systems. EGS will also provide grounds maintenance, pest control, water treatment, and energy management services.
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July 29, 2014
07:32 EDTEMEEMCOR narrows FY14 EPS view to $2.50-$2.70 from $2.45-$2.70
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07:31 EDTEMEEMCOR reports Q2 EPS 61c ex-items, consensus 61c
Reports Q2 revenue $1.56B, consensus $1.67B. Backlog as of June 30, 2014 was $3.64 billion, an increase of 3.6% from $3.51 billion at the end of the 2013 second quarter and an increase of 8.2% from $3.36 billion as of December 31, 2013.

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