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Stock Market & Financial Investment News

News Breaks
March 17, 2014
06:31 EDTSTRLSterling Construction reports Q4 adjusted EPS ($1.83), consensus ($1.47)
Reports Q4 revenue $125.9M, consensus $153.07M; Reports Q4 bookings $119M; Reports Q4-end backlog $687M.
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August 26, 2014
08:46 EDTSTRLSterling Construction apparent low bidder on CalTrans project valued at $53.6M
Sterling Construction announced that its affiliate, Myers & Sons Construction, was apparent low bidder on the California Department of Transportation Las Virgenes Canyon Road project in LA County on Route 101 with a bid of $53,645,672. The project will consist of replacing 30,850 CY of failing concrete from Calabasas to Agoura Hills in Southern California with 9,900 CY of Lean Concrete Base and 20,950 CY Precast Jointed Concrete Pavement during weekend closures. The project also calls for placing 191,000 Tons of Rubberized Asphalt Pavement at various locations along Hwy 101. Construction is anticipated to start in late 2014 and take approximately 18 months to complete.

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