Parsons Selected to Help Deliver Manchester’s Cemetery Brook Drain Tunnel New tunnel designed to improve water quality in the Merrimack River CHANTILLY, Va., June 26, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was selected by the City of Manchester, New Hampshire, to help deliver the new Cemetery Brook Drain Tunnel Project, the city’s largest public works project to date. The three-year, $16 million contract includes program and construction management (PM/CM) services for the project, designed to help mitigate the risk of flooding in the c...
Credit markets are accurately stating DINO's credit risk with a YTW of 6.012% relative to an Intrinsic YTW of 5.632% and an Intrinsic CDS of 110bps. Meanwhile, Moody's is overstating the firm's fundamental credit risk, with its Baa3 credit rating two notches lower than Valens' IG4+ (Baa1) credit rating.
WATSONVILLE, Calif.--(BUSINESS WIRE)-- (NYSE:GVA) has been awarded an approximately $25 million contract by the City of Everett to remove and replace the Edgewater Creek Bridge. The project will be funded by federal grants and local funds, and will be included in Granite’s second-quarter CAP. Project scope includes the removal of the existing bridge, originally built in 1946, and the construction of a new bridge over the Edgewater Creek Basin. The project presents engineering challenges due to the steep and unstable soils of the ravine. To overcome these, a trestle will be constructed to fa...
Inspiring the Next Generation: Parsons Celebrates Expanded Partnership with Technovation CHANTILLY, Va., June 24, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced an expanded partnership with , a global technology and STEM education nonprofit that empowers girls worldwide to become innovative leaders and problem-solvers. "At Parsons, we believe in harnessing the power of technology to solve real-world problems," said Jason Yaley, Parsons’ Chief Communications Officer. “Through our partnership with Technovation we are investing not just in technology, but in tomorr...
Parsons and the Niagara International Transportation Technology Coalition Celebrate Bi-National Project Milestone CHANTILLY, Va., June 18, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) and the Niagara International Transportation Technology Coalition (NITTEC) are pleased to announce the successful launch of AllRoads, NITTEC’s multi-agency, technology-enabled, integrated regional mobility management system. This smart mobility solution services the Buffalo-Niagara region in Western New York State and Southern Ontario. Since 2022, Parsons has worked closely with NITTEC to design...
A director at Tutor Perini Corp sold 25,000 shares at 19.400USD and the significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clear...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
IRVING, Texas--(BUSINESS WIRE)-- (NYSE: FLR) announced today that the U.S. Department of Energy’s (DOE) National Nuclear Security Administration (NNSA) selected PanTeXas Deterrence LLC – a joint venture led by a BWX Technologies, Inc. subsidiary, together with Fluor; SOC, a Day & Zimmermann Company; and The Texas A&M University System – for the management and operations of the Pantex Plant located outside of Amarillo, Texas. Following an initial term of five years, NNSA has the ability to award three additional five-year option periods. If all contract options are exercised, the contract will...
A director at IES Holdings Inc sold 25,000 shares at 133.176USD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clear...
WATSONVILLE, Calif.--(BUSINESS WIRE)-- (NYSE:GVA) has been awarded an approximately $15 million contract by the California Department of Transportation (Caltrans) to rehabilitate pavement along State Route 41 (SR41) near Stratford, California. Project funding comes from Caltrans and will be included in Granite’s second-quarter CAP. This project aims to rehabilitate the pavement, providing a smoother ride and reducing maintenance demands. The rehabilitation will involve removing and replacing failed pavement areas with 49,400 tons of Hot Mix Asphalt (HMA) and then placing a surface course of...
WATSONVILLE, Calif.--(BUSINESS WIRE)-- (NYSE:GVA) has executed a long-term lease with the Port of Woodland for a new construction materials facility. The facility will be on a 25-acre site next to the Columbia River, reinforcing Granite’s commitment to the Southwest Washington area home market. Key Highlights: Location: The facility will be near Woodland, WA, providing construction materials into the Southwest Washington area construction market. Market Support: The lease agreement allows Granite to provide construction materials to the market, supporting infrastructure development and ...
WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced that it has closed its offering of $373.75 million aggregate principal amount of 3.25% Convertible Senior Notes due 2030 (the “Convertible Notes”) for gross proceeds of $373.75 million. The proceeds include the full exercise of the option by the initial purchasers to purchase an additional $48.75 million aggregate principal amount of the Convertible Notes granted by Granite to the initial purchasers. The Convertible Notes were sold in a private offering to persons reasonably believe...
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