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Stock Market & Financial Investment News

News Breaks
May 21, 2014
07:30 EDTPRIMPrimoris announces new underground contract work valued at $200M
Primoris Services Corporation announced a new contract award from a large Southern California utility customer totaling $200M. The new contract was secured by Primoris Services’ Underground division of ARB Inc., a Primoris subsidiary and part of the West Construction Services segment. The work will commence in June of 2014 and run through December of 2016. The award is for two of the five regions of the utility’s PSEP Performance Partnership program. The two regions awarded to ARB are the largest of the five from a spend perspective, with a total estimated combined spend of $200M on a reimbursable target price. The majority of the work is class upgrades, either hydrotesting to a higher pressure or replacing existing lines with newer, stronger pipes.
News For PRIM From The Last 14 Days
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August 8, 2014
10:00 EDTPRIMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Activision Blizzard (ATVI) upgraded to Buy from Neutral at Longbow... Allergan (AGN) upgraded to Outperform from Market Perform at Leerink... Andersons (ANDE) upgraded to Buy from Hold at Feltl... Arista Networks (ANET) upgraded to Buy from Neutral at Citigroup... Barrick Gold (ABX) upgraded to Conviction Buy from Buy at Goldman... Brinker (EAT) upgraded to Outperform from Market Perform at Raymond James... CF Industries (CF) upgraded to Buy from Hold at Feltl... CST Brands (CST) upgraded to Neutral from Underperform at Credit Suisse... Cimarex Energy (XEC) upgraded to Accumulate from Hold at KLR Group... Coca-Cola HBC (OCCH) upgraded to Buy from Hold at Deutsche Bank... Delek US (DK) upgraded to Outperform at Cowen... Fifth Street Finance (FSC) upgraded to Buy from Neutral at Guggenheim... Glimcher Realty Trust (GRT) upgraded to Buy from Neutral at BofA/Merrill... Goodrich Petroleum (GDP) upgraded to Strong Buy from Outperform at Raymond James... Monster Beverage (MNST) upgraded to Neutral from Underperform at Longbow... NIC Inc. (EGOV) upgraded to Outperform from Market Perform at Barrington... NVIDIA (NVDA) upgraded at Needham... POZEN (POZN) upgraded to Buy from Hold at Ascendiant... Power Solutions (PSIX) upgraded to Accumulate from Neutral at Global Hunter... Primoris (PRIM) upgraded to Buy from Hold at BB&T... Sierra Bancorp (BSRR) upgraded to Outperform from Market Perform at Raymond James... Sonus Networks (SONS) upgraded to Outperform from Market Perform at Barrington... Stone Energy (SGY) upgraded to Buy from Accumulate at KLR Group... Tornier (TRNX) upgraded at BMO Capital... Tyson Foods (TSN) upgraded to Buy from Hold at BB&T... WGL Holdings (WGL) upgraded to Buy from Hold at Brean Capital.
09:29 EDTPRIMPrimoris upgraded to Buy from Hold at BB&T
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August 7, 2014
15:36 EDTPRIMPrimoris upgraded to Buy at DA Davidson
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15:15 EDTPRIMPrimoris upgraded to Buy from Neutral at DA Davidson
07:34 EDTPRIMPrimoris reports Q2 EPS 31c, consensus 31c
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