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Stock Market & Financial Investment News

News Breaks
March 27, 2013
08:39 EDTCOH, TPCTutor Perini awarded Coach headquarters construction contract in NYC
Tutor Perini (TPC) subsidiary Tutor Perini Building Corp., was recently awarded a construction contract by Related Companies and Oxford Properties Group to build the South Tower at Hudson Yards, a 26-acre mixed-use development in midtown Manhattan. The 1.7 million-square-foot South Tower will be the future home of Coach (COH)ís world headquarters. Construction is expected to be complete in 2015. Tutor Periniís contract value will be included as part of the Companyís reported first quarter backlog.
News For TPC;COH From The Last 14 Days
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May 19, 2015
11:05 EDTCOHRumor: Coach spikes up on renewed speculation of an activist investor stake
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May 14, 2015
10:00 EDTCOHOn The Fly: Analyst Initiation SummaryT
Today's noteworthy initiations include: Advaxis (ADXS) initiated with a Buy at MLV & Co.... Akebia (AKBA) initiated with a Buy at Brean Capital... CarMax (KMX) initiated with a Buy at Sterne Agee CRT... Coach (COH) initiated with a Neutral at Wedbush... Euronav NV (EURN) initiated with an Outperform at Credit Suisse... Franco-Nevada (FNV) initiated with an Outperform at Macquarie... Kate Spade (KATE) initiated with an Outperform at Wedbush... Lumber Liquidators (LL) initiated with a Perform at Oppenheimer... Michael Kors (KORS) initiated with a Neutral at Wedbush... National Instruments (NATI) initiated with an Overweight at Stephens... Royal Gold (RGLD) initiated with an Outperform at Macquarie... Spectra Energy Partners (SEP) initiated with a Buy at Janney ... Spectra Energy (SE) initiated with a Buy at Janney Capital... Tribune Publishing (TPUB) initiated with a Buy at Sterne Agee CRT.
06:33 EDTCOHCoach initiated with a Neutral at Wedbush
Target $37.
May 13, 2015
08:35 EDTTPCTutor Perini unit awarded two contracts valued at approx. $123M
Tutor Perini Corporation announced that its specialty contracting subsidiary, Five Star Electric, has recently been awarded two contracts collectively valued at approximately $123M. Five Star Electric was awarded a $90M subcontract by GCT Constructors JV, the contractor responsible for the construction and fit-out of the new LIRR concourse and related facilities at Grand Central Terminal as part of the East Side Access Project. The scope of work to be performed by Five Star Electric will include lighting, electrical service work, general power, and installation of thousands of feet of raceway for various systems. Five Star Electricís scope of work began in April 2015 with substantial completion anticipated by October 2019. Five Star Electric was awarded a $33M subcontract by Judlau Contracting Inc., to perform all the electrical work as part of the Cortlandt Street Station restoration. The station is located in the central area of the World Trade Center and had been destroyed in the 9/11 attacks. The electrical scope of work will include all power, lighting, fire alarm, communications, security, and signaling. Construction is set to start this month with substantial completion anticipated by the first quarter of 2018.

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