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Stock Market & Financial Investment News

News Breaks
April 25, 2014
08:32 EDTTPCTutor Perini unit announces three task orders valued up to $76M
Tutor Perini announced that its subsidiary, Perini Management Services received three task orders for federal projects. PMSI received a $34.9M task order under a National Park Service contract for repairs to several buildings on Ellis Island in New York Harbor. PMSI will be replacing the mechanical and electrical systems that were destroyed by Hurricane Sandy, as well as providing temporary cooling and heating to enhance park visitors’ comfort while the restoration work is underway. PMSI’s team for this project includes F&G Mechanical of Secaucus, New Jersey; Turnpike Electric of Pine Brook, New Jersey; and C&S Building Services of Farmingdale, New York. PMSI received a $13M design-build task order from the U.S. Department of State under a competitive award program to purchase and install Hardened Alternative Trailer System units at the U.S. Embassy in Beirut, Lebanon. There is potential for award of several options under this contract for an additional $9M as funds become available. PMSI received a new task order under a U.S. Coast Guard National Multiple Award Construction Contract. The $19.5M project is for the design and construction of 10 duplex housing units at the Coast Guard base on Kodiak Island in the Gulf of Alaska. The combined value of these task orders will be included in the company’s reported first-quarter backlog
News For TPC From The Last 14 Days
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February 5, 2016
06:04 EDTTPCTutor Perini subsidiary achieved certificate for Panorama Tower's Parking Garage
Tutor Perini announced that its subsidiary, Tutor Perini Building, achieved Phase I Temporary Certificate of Occupancy for Panorama Tower's Parking Garage. This is a significant milestone and the achievement of an ambitious goal, completing 425,136 square feet of the parking garage within ten months, thereby permitting the 1101 Brickell office tenants and Florida International University students to utilize this parking garage as construction continues above. The Panorama project was awarded and booked into the Company's backlog in the Q2 of FY14.
January 27, 2016
17:02 EDTTPCTutor Perini awarded two east side access contracts totaling $742M
06:02 EDTTPCTutor Perini awarded hotel construction contract in Fort Lauderdale
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January 26, 2016
15:02 EDTTPCTutor Perini subsidiary awarded projects valued at approximately $490M
Tutor Perini announced that its California building subsidiary, Rudolph and Sletten, has been awarded several projects collectively valued at approximately $490M. To date since the time of the awards, the company has booked approximately $182M into backlog, and the remaining contract amounts are expected to be booked into backlog in phases as each project progresses.
January 25, 2016
09:31 EDTTPCTutor Perini upgraded to Buy from Neutral at Sidoti
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