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Stock Market & Financial Investment News

News Breaks
March 26, 2014
07:32 EDTCBI, PRIMPrimoris names David King as COO
Primoris Services Corporation (PRIM) announced the hiring of David King to fill the newly created position of COO, which will report directly to Brian Pratt, CEO. King comes to Primoris from CB&I (CBI), where he most recently served as President of Lummus Engineered Products.
News For PRIM;CBI From The Last 14 Days
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December 15, 2014
08:01 EDTCBIChicago Bridge & Iron downgraded to Hold from Buy at Stifel
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December 10, 2014
08:03 EDTCBICB&I awarded plant services contract renewal valued at $80M
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December 9, 2014
07:33 EDTPRIMPrimoris announces industrial award valued at over $11M
Primoris Services Corporation announced a new industrial award valued at $11.5M. The new contract was secured by the Industrial division of ARB, Inc., a Primoris subsidiary and part of the West Construction Services segment. Work is scheduled to commence on the project in the first quarter of 2015 and is anticipated to be complete in the third quarter of 2015. The award is from three major oil companies for the rerouting of seven pipelines in the Port of Los Angeles, California. The pipelines being relocated range in size from 10 to 24 in diameter. Approximately 20,000 linear feet of underground oil pipelines in total are being relocated. An approximately 1.1-mile-long common trench will be provided for the three customers.

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