Tutor Perini Corp (TPC) 23.12 $TPC
Tutor Perini Prices $175 Million of 2.875% Convertible Senior Notes
BusinessWire - Thu Jun 09, 9:05PM CDT
Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced the pricing of $175 million in aggregate principal amount of 2.875% Convertible Senior Notes due 2021 (the "convertible notes"
in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act". The convertible notes will be convertible into cash, shares of Tutor Perini common stock or a combination thereof, at the Company's election, based on an initial conversion rate of 33.0579 shares of common stock per $1,000 principal amount (equivalent to an initial conversion price of approximately $30.25 per share, which represents a premium of approximately 37.5% to the NYSE closing price of Tutor Perini's common stock on the date hereof). The Company granted an option to the initial purchasers for up to an additional $25.0 million in aggregate principal amount of convertible notes. The convertible notes will bear cash interest at a rate of 2.875% per annum, payable semi-annually on June 15 and December 15, beginning on December 15, 2016. The convertible notes may be redeemed by the Company under certain circumstances on or after June 15, 2019.
TPC: 23.12 (+1.12)
Tutor Perini Announces Convertible Notes Offering
BusinessWire - Wed Jun 08, 3:01PM CDT
Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced it is offering $125 million in aggregate principal amount of Convertible Senior Notes due 2021 (the "convertible notes" in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act". The convertible notes will be convertible into cash, shares of Tutor Perini common stock or a combination thereof, at the Company's election. The Company expects to grant an option to the initial purchasers for up to an additional $18.75 million in aggregate principal amount of convertible notes. The convertible notes will bear cash interest, payable semi-annually on June 15 and December 15, beginning on December 15, 2016.
TPC: 23.12 (+1.12)
MasTec (MTZ) Hits Fresh 52-Week High on Project Pipeline
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 7:08AM CDT
MasTec (MTZ) hit a 52-week high of $24.11 on June 7.
TPC: 23.12 (+1.12), SSD: 39.33 (-0.51), DY: 84.76 (-2.34), MTZ: 22.42 (-1.02)
Shares of TPC Up 71.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Wed Jun 08, 12:16AM CDT
SmarTrend identified an Uptrend for Tutor Perini (NYSE:TPC) on February 26th, 2016 at $13.46. In approximately 3 months, Tutor Perini has returned 71.24% as of today's recent price of $23.04.
TPC: 23.12 (+1.12)
Granite Construction Wins $20M Airport Project in Alaska
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 9:56AM CDT
Granite Construction (GVA) has won a $20 million airport project from the Alaska Department of Transportation.
BLD: 36.47 (-0.94), GVA: 43.83 (-0.71), TPC: 23.12 (+1.12), DY: 84.76 (-2.34)
Dycom to Buy Certain Telecom-Related Assets from Goodman
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:18AM CDT
Dycom (DY) signed an agreement to buy certain telecom-related assets of Goodman Networks Incorporated.
IBP: 35.01 (-0.52), USG: 27.54 (-0.77), TPC: 23.12 (+1.12), DY: 84.76 (-2.34)
5 Best PEG Stocks Value Investors Will Love Right Now
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 9:29AM CDT
It is not difficult to realize the huge significance of the "intrinsic value" of a stock.
TSE: 48.32 (-0.19), MFC: 14.12 (-0.47), DF: 17.78 (-0.49), TPC: 23.12 (+1.12)
The Zacks Analyst Blog Highlights: Rose Rock Midstream, Ryerson Holding, Tutor Perini and NetEase
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 8:30AM CDT
The Zacks Analyst Blog Highlights: Rose Rock Midstream, Ryerson Holding, Tutor Perini and NetEase
NTES: 161.98 (-9.50), RYI: 15.00 (-0.55), RRMS: 25.16 (-1.88), TPC: 23.12 (+1.12)
4 Best Performing Stocks of May
Swarup Gupta - Zacks Investment Research - Wed Jun 01, 12:43PM CDT
Markets gained on the back of gains in oil prices and a change in investors' stance toward an imminent rate hike.
HD: 128.83 (-0.47), NTES: 161.98 (-9.50), RYI: 15.00 (-0.55), PFE: 35.29 (-0.02), SYY: 48.78 (-0.22), WMT: 71.14 (+0.05), DIS: 97.34 (-0.50), TPC: 23.12 (+1.12), PCLN: 1,318.90 (-21.17), TWX: 73.63 (-1.38), T: 40.33 (+0.24), GS: 149.89 (-3.28), MRK: 56.81 (-0.37), BRK.B: 141.76 (-0.47), AAPL: 98.83 (-0.82), BHI: 45.94 (-1.61)
Tutor Perini (TPC) in Focus: Stock Jumps 5.3% in Session
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 7:35AM CDT
Tutor Perini Corporation (TPC) was a big mover last session, as the company saw its shares rise over 5% on the day.
TPC: 23.12 (+1.12), DY: 84.76 (-2.34)
Tutor Perini Has Returned 68.1% Since SmarTrend Recommendation (TPC)
Comtex SmarTrend(R) - Tue May 31, 12:46PM CDT
SmarTrend identified an Uptrend for Tutor Perini (NYSE:TPC) on February 26th, 2016 at $13.46. In approximately 3 months, Tutor Perini has returned 68.12% as of today's recent price of $22.62.
TPC: 23.12 (+1.12)
Tutor Perini Building Corp. Receives Extension of Contract to Build Terminal 4 Federal Inspection Services Expansion at Fort Lauderdale-Hollywood International Airport
BusinessWire - Tue May 31, 5:00AM CDT
Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, announced today that its subsidiary, Tutor Perini Building Corp., has recently received an extension to its contract to build Fort Lauderdale-Hollywood International Airport's Terminal 4 Federal Inspection Services Expansion.
TPC: 23.12 (+1.12)
The Zacks Analyst Blog Highlights: Installed Building Products, Tutor Perini, Comfort Systems USA and Dycom Industries
Zacks Equity Research - Zacks Investment Research - Thu May 26, 8:30AM CDT
The Zacks Analyst Blog Highlights: Installed Building Products, Tutor Perini, Comfort Systems USA and Dycom Industries
FIX: 32.57 (-0.27), IBP: 35.01 (-0.52), TPC: 23.12 (+1.12), DY: 84.76 (-2.34)
Sterling Construction (STRL) in Focus: Stock Jumps 9.7%
Zacks Equity Research - Zacks Investment Research - Thu May 26, 7:05AM CDT
Sterling Construction Co. Inc. (STRL) was a big mover last session, as the company saw its shares rise roughly 10% on the day.
TPC: 23.12 (+1.12), STRL: 4.84 (-0.06)
4 Housing Stocks to Buy on Soaring New Home Sales
Zacks Equity Research - Zacks Investment Research - Wed May 25, 9:16AM CDT
New home sales hit a more than eight-year high in April, crushing market expectations.
DHI: 31.14 (-0.59), MLM: 185.54 (-3.69), LEN: 46.92 (-0.74), FIX: 32.57 (-0.27), IBP: 35.01 (-0.52), VMC: 115.49 (-1.34), PHM: 19.22 (-0.36), KBH: 14.17 (-0.39), TPC: 23.12 (+1.12), TOL: 28.59 (-0.84), DY: 84.76 (-2.34), HW: 17.86 (-0.31), MAS: 31.24 (-0.60)
Moving Average Crossover Alert: Tutor Perini (TPC)
Zacks Equity Research - Zacks Investment Research - Wed May 25, 8:18AM CDT
Tutor Perini Corporation (TPC) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
TPC: 23.12 (+1.12)
Downgrade Alert for Tutor Perini (TPC)
Comtex SmarTrend(R) - Wed May 25, 3:01AM CDT
Tutor Perini (NYSE:TPC) was downgraded from Buy to Hold at Standpoint Research today. The stock closed yesterday at $21.39 on volume of 347,000 shares, above average daily volume of 224,000. Tutor Perini (NYSE:TPC) has potential upside of 7.5% based on a current price of $21.39 and analysts' consensus price target of $23.00. Tutor Perini shares have support at the 200-day moving average (MA) of $16.05 and additional support at the 50-day MA of $15.28.
TPC: 23.12 (+1.12)
Shares of TPC Up 57.9% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue May 24, 12:16AM CDT
SmarTrend identified an Uptrend for Tutor Perini (NYSE:TPC) on February 26th, 2016 at $13.46. In approximately 3 months, Tutor Perini has returned 57.86% as of today's recent price of $21.24.
TPC: 23.12 (+1.12)
Why the Earnings Streak Will Continue for Tutor Perini (TPC)
Zacks Equity Research - Zacks Investment Research - Mon May 23, 7:42AM CDT
Tutor Perini (TPC) boasts a favorable Zacks Rank and a positive Earnings ESP, which is a great sign of a coming earnings beat.
TPC: 23.12 (+1.12)
Zacks.com featured expert Kevin Matras highlights: Tutor Perini, Central Garden & Pet and Ryerson Holding
Zacks Equity Research - Zacks Investment Research - Wed May 18, 8:30AM CDT
Zacks.com featured expert Kevin Matras highlights: Tutor Perini, Central Garden & Pet and Ryerson Holding
RYI: 15.00 (-0.55), CENT: 19.87 (-0.23), TPC: 23.12 (+1.12)
Tutor Perini Prices $175 Million of 2.875% Convertible Senior Notes
BusinessWire - Thu Jun 09, 9:05PM CDT
Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced the pricing of $175 million in aggregate principal amount of 2.875% Convertible Senior Notes due 2021 (the "convertible notes"
in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act". The convertible notes will be convertible into cash, shares of Tutor Perini common stock or a combination thereof, at the Company's election, based on an initial conversion rate of 33.0579 shares of common stock per $1,000 principal amount (equivalent to an initial conversion price of approximately $30.25 per share, which represents a premium of approximately 37.5% to the NYSE closing price of Tutor Perini's common stock on the date hereof). The Company granted an option to the initial purchasers for up to an additional $25.0 million in aggregate principal amount of convertible notes. The convertible notes will bear cash interest at a rate of 2.875% per annum, payable semi-annually on June 15 and December 15, beginning on December 15, 2016. The convertible notes may be redeemed by the Company under certain circumstances on or after June 15, 2019. TPC: 23.12 (+1.12)
Tutor Perini Announces Convertible Notes Offering
BusinessWire - Wed Jun 08, 3:01PM CDT
Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced it is offering $125 million in aggregate principal amount of Convertible Senior Notes due 2021 (the "convertible notes"
in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act". The convertible notes will be convertible into cash, shares of Tutor Perini common stock or a combination thereof, at the Company's election. The Company expects to grant an option to the initial purchasers for up to an additional $18.75 million in aggregate principal amount of convertible notes. The convertible notes will bear cash interest, payable semi-annually on June 15 and December 15, beginning on December 15, 2016. TPC: 23.12 (+1.12)
MasTec (MTZ) Hits Fresh 52-Week High on Project Pipeline
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 7:08AM CDT
MasTec (MTZ) hit a 52-week high of $24.11 on June 7.
TPC: 23.12 (+1.12), SSD: 39.33 (-0.51), DY: 84.76 (-2.34), MTZ: 22.42 (-1.02)
Shares of TPC Up 71.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Wed Jun 08, 12:16AM CDT
SmarTrend identified an Uptrend for Tutor Perini (NYSE:TPC) on February 26th, 2016 at $13.46. In approximately 3 months, Tutor Perini has returned 71.24% as of today's recent price of $23.04.
TPC: 23.12 (+1.12)
Granite Construction Wins $20M Airport Project in Alaska
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 9:56AM CDT
Granite Construction (GVA) has won a $20 million airport project from the Alaska Department of Transportation.
BLD: 36.47 (-0.94), GVA: 43.83 (-0.71), TPC: 23.12 (+1.12), DY: 84.76 (-2.34)
Dycom to Buy Certain Telecom-Related Assets from Goodman
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:18AM CDT
Dycom (DY) signed an agreement to buy certain telecom-related assets of Goodman Networks Incorporated.
IBP: 35.01 (-0.52), USG: 27.54 (-0.77), TPC: 23.12 (+1.12), DY: 84.76 (-2.34)
5 Best PEG Stocks Value Investors Will Love Right Now
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 9:29AM CDT
It is not difficult to realize the huge significance of the "intrinsic value" of a stock.
TSE: 48.32 (-0.19), MFC: 14.12 (-0.47), DF: 17.78 (-0.49), TPC: 23.12 (+1.12)
The Zacks Analyst Blog Highlights: Rose Rock Midstream, Ryerson Holding, Tutor Perini and NetEase
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 8:30AM CDT
The Zacks Analyst Blog Highlights: Rose Rock Midstream, Ryerson Holding, Tutor Perini and NetEase
NTES: 161.98 (-9.50), RYI: 15.00 (-0.55), RRMS: 25.16 (-1.88), TPC: 23.12 (+1.12)
4 Best Performing Stocks of May
Swarup Gupta - Zacks Investment Research - Wed Jun 01, 12:43PM CDT
Markets gained on the back of gains in oil prices and a change in investors' stance toward an imminent rate hike.
HD: 128.83 (-0.47), NTES: 161.98 (-9.50), RYI: 15.00 (-0.55), PFE: 35.29 (-0.02), SYY: 48.78 (-0.22), WMT: 71.14 (+0.05), DIS: 97.34 (-0.50), TPC: 23.12 (+1.12), PCLN: 1,318.90 (-21.17), TWX: 73.63 (-1.38), T: 40.33 (+0.24), GS: 149.89 (-3.28), MRK: 56.81 (-0.37), BRK.B: 141.76 (-0.47), AAPL: 98.83 (-0.82), BHI: 45.94 (-1.61)
Tutor Perini (TPC) in Focus: Stock Jumps 5.3% in Session
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 7:35AM CDT
Tutor Perini Corporation (TPC) was a big mover last session, as the company saw its shares rise over 5% on the day.
TPC: 23.12 (+1.12), DY: 84.76 (-2.34)
Tutor Perini Has Returned 68.1% Since SmarTrend Recommendation (TPC)
Comtex SmarTrend(R) - Tue May 31, 12:46PM CDT
SmarTrend identified an Uptrend for Tutor Perini (NYSE:TPC) on February 26th, 2016 at $13.46. In approximately 3 months, Tutor Perini has returned 68.12% as of today's recent price of $22.62.
TPC: 23.12 (+1.12)
Tutor Perini Building Corp. Receives Extension of Contract to Build Terminal 4 Federal Inspection Services Expansion at Fort Lauderdale-Hollywood International Airport
BusinessWire - Tue May 31, 5:00AM CDT
Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, announced today that its subsidiary, Tutor Perini Building Corp., has recently received an extension to its contract to build Fort Lauderdale-Hollywood International Airport's Terminal 4 Federal Inspection Services Expansion.
TPC: 23.12 (+1.12)
The Zacks Analyst Blog Highlights: Installed Building Products, Tutor Perini, Comfort Systems USA and Dycom Industries
Zacks Equity Research - Zacks Investment Research - Thu May 26, 8:30AM CDT
The Zacks Analyst Blog Highlights: Installed Building Products, Tutor Perini, Comfort Systems USA and Dycom Industries
FIX: 32.57 (-0.27), IBP: 35.01 (-0.52), TPC: 23.12 (+1.12), DY: 84.76 (-2.34)
Sterling Construction (STRL) in Focus: Stock Jumps 9.7%
Zacks Equity Research - Zacks Investment Research - Thu May 26, 7:05AM CDT
Sterling Construction Co. Inc. (STRL) was a big mover last session, as the company saw its shares rise roughly 10% on the day.
TPC: 23.12 (+1.12), STRL: 4.84 (-0.06)
4 Housing Stocks to Buy on Soaring New Home Sales
Zacks Equity Research - Zacks Investment Research - Wed May 25, 9:16AM CDT
New home sales hit a more than eight-year high in April, crushing market expectations.
DHI: 31.14 (-0.59), MLM: 185.54 (-3.69), LEN: 46.92 (-0.74), FIX: 32.57 (-0.27), IBP: 35.01 (-0.52), VMC: 115.49 (-1.34), PHM: 19.22 (-0.36), KBH: 14.17 (-0.39), TPC: 23.12 (+1.12), TOL: 28.59 (-0.84), DY: 84.76 (-2.34), HW: 17.86 (-0.31), MAS: 31.24 (-0.60)
Moving Average Crossover Alert: Tutor Perini (TPC)
Zacks Equity Research - Zacks Investment Research - Wed May 25, 8:18AM CDT
Tutor Perini Corporation (TPC) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
TPC: 23.12 (+1.12)
Downgrade Alert for Tutor Perini (TPC)
Comtex SmarTrend(R) - Wed May 25, 3:01AM CDT
Tutor Perini (NYSE:TPC) was downgraded from Buy to Hold at Standpoint Research today. The stock closed yesterday at $21.39 on volume of 347,000 shares, above average daily volume of 224,000. Tutor Perini (NYSE:TPC) has potential upside of 7.5% based on a current price of $21.39 and analysts' consensus price target of $23.00. Tutor Perini shares have support at the 200-day moving average (MA) of $16.05 and additional support at the 50-day MA of $15.28.
TPC: 23.12 (+1.12)
Shares of TPC Up 57.9% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue May 24, 12:16AM CDT
SmarTrend identified an Uptrend for Tutor Perini (NYSE:TPC) on February 26th, 2016 at $13.46. In approximately 3 months, Tutor Perini has returned 57.86% as of today's recent price of $21.24.
TPC: 23.12 (+1.12)
Why the Earnings Streak Will Continue for Tutor Perini (TPC)
Zacks Equity Research - Zacks Investment Research - Mon May 23, 7:42AM CDT
Tutor Perini (TPC) boasts a favorable Zacks Rank and a positive Earnings ESP, which is a great sign of a coming earnings beat.
TPC: 23.12 (+1.12)
Zacks.com featured expert Kevin Matras highlights: Tutor Perini, Central Garden & Pet and Ryerson Holding
Zacks Equity Research - Zacks Investment Research - Wed May 18, 8:30AM CDT
Zacks.com featured expert Kevin Matras highlights: Tutor Perini, Central Garden & Pet and Ryerson Holding
RYI: 15.00 (-0.55), CENT: 19.87 (-0.23), TPC: 23.12 (+1.12)
