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Stock Market & Financial Investment News

News Breaks
May 7, 2014
07:32 EDTTPCTutor Perini reports Q1 EPS 33c, consensus 21c
Reports Q1 revenue $955.2M, consensus $1.05B. Reports Q1 backlog of $7.7B, up 38% compared to $5.5B last year. The company said, "Revenue decreased 3.8% in Q1 due primarily to decreased activity on hospitality and gaming projects in California, Arizona, Nevada, and Louisiana, which was partially offset by the ramp-up of civil and building projects at Hudson Yards in New York and a rail transportation project in California. Inclement weather in Q1 also contributed to the decreased revenue, as it impacted several projects in the northeastern U.S. The increase in net income in Q1 was due primarily to an overall increase in volume in our Civil segment, which was partially offset by Hurricane Sandy-related projects performed in 1Q13."
News For TPC From The Last 14 Days
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February 9, 2016
17:06 EDTTPCTutor Perini subsidiary awarded contract by Ocean Land Investments
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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.

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