China Railway ADR (CRWOY) 18.9100 $CRWOY
Chinese bullet train in Venezuela stalls as alliance derails
By JOSHUA GOODMAN - AP - Sat May 14, 7:48AM CDT
ZARAZA, Venezuela (AP) — It was once billed as a model of socialist fraternity: South America's first high-speed train, powered by Chinese technology, crisscrossing Venezuela to bring development to its backwater plains. Now all but abandoned, it has become a symbol of economic collapse — and a strategic relationship gone adrift.
Sterling Construction Awarded $14 M Project in Hawai
Zacks Equity Research - Zacks Investment Research - Thu Oct 08, 12:55PM CDT
Sterling Construction Company, Inc. (STRL) has been awarded a project worth $13.9 million by the Hawaii Department of Transportation (HDOT).
DY: 95.84 (+1.06), STRL: 5.75 (unch)
Great Lakes Dredge & Dock Wins 3 Dredging Contracts
Zacks Equity Research - Zacks Investment Research - Tue Oct 06, 4:38PM CDT
Great Lakes Dredge & Dock (GLDD) has won three dredging contract worth around $99 million along the Delaware River.
DY: 95.84 (+1.06), GLDD: 4.45 (-0.02)
Granite Construction Down to Strong Sell on Weak Earnings
Zacks Equity Research - Zacks Investment Research - Wed Sep 30, 2:15PM CDT
Zacks Investment Research downgraded Granite Construction Incorporated (GVA) to a Zacks Rank #5 (Strong Sell) on Sep 30, 2015.
GVA: 51.00 (+0.94), DY: 95.84 (+1.06)
Great Lakes Dredge & Dock, CCL Win LNG Contract in Texas
Zacks Equity Research - Zacks Investment Research - Tue Sep 29, 5:09PM CDT
Great Lakes Dredge & Dock (GLDD) in association wilth CCL has received a contract in Texas.
CCL: 46.32 (+0.15), LNG: 41.10 (-0.23), GLDD: 4.45 (-0.02)
Primoris' Unit Wins Underground Contract worth $28M
Zacks Equity Research - Zacks Investment Research - Fri Sep 25, 1:10PM CDT
Primoris (PRIM) has received underground contract worth $28 million.
PRIM: 18.25 (+0.13), DY: 95.84 (+1.06)
Granite Construction (GVA) Wins $60 M Project in Illinois
Zacks Equity Research - Zacks Investment Research - Wed Sep 23, 1:35PM CDT
Granite Construction Incorporated (GVA) has won a $60 million interstate reconstruction contract from the Illinois Department of Transportation.
GVA: 51.00 (+0.94), DY: 95.84 (+1.06)
Primoris' Unit Wins 3 Industrial Contracts Worth Over $30M
Zacks Equity Research - Zacks Investment Research - Wed Sep 16, 1:15PM CDT
Primoris' (PRIM) unit has won three industrial contracts worth over $30 million.
PRIM: 18.25 (+0.13), DY: 95.84 (+1.06)
Granite Construction Awarded $72M Contract by USACE
Zacks Equity Research - Zacks Investment Research - Tue Sep 15, 4:34PM CDT
Granite Construction Incorporated (GVA) has been awarded a $72 million contract by the U.S. Army Corps of Engineers (USACE).
GVA: 51.00 (+0.94), DY: 95.84 (+1.06)
Great Lakes Dredge & Dock Issues $15M Buyback Program
Zacks Equity Research - Zacks Investment Research - Mon Sep 14, 3:35PM CDT
Great Lakes Dredge & Dock (GLDD) has sanctioned a new share repurchase program of up to $15 million shares.
DY: 95.84 (+1.06), GLDD: 4.45 (-0.02)
Primoris' Unit Wins Water Contract Worth $16M in Texas
Zacks Equity Research - Zacks Investment Research - Wed Sep 09, 1:25PM CDT
Cardinal Contractors, a unit of the East Construction Services segment of Primoris (PRIM), has secured a water contract worth $16 million from a municipal customer in Texas.
PRIM: 18.25 (+0.13), DY: 95.84 (+1.06)
Primoris Receives Parking Structure Award Worth $10 M
Zacks Equity Research - Zacks Investment Research - Thu Aug 27, 1:15PM CDT
Primoris Services Corporation (PRIM) announced it has been awarded a new parking structure award valued at $10 million.
PRIM: 18.25 (+0.13), DY: 95.84 (+1.06)
Construction in China to 2019 - Fixed Asset Investment Increased by 11.4% during 2015
M2 - Fri Aug 21, 8:34AM CDT
Research and Markets (http://www.researchandmarkets.com/research/lk8rvn/construction_in) has announced the addition of the "Construction in China - Key Trends and Opportunities to 2019" report to their offering. Construction activity in China has been fairly weak since 2014, due to a slowdown in the property market, huge unsold housing stock, a relatively sluggish economy and high local government debt-to-GDP ratios. Consequently, the country's construction industry posted growth of 6.8% in real terms that year. This was preceded by annual growth rates of 13.5%, 9.7%, 9.3% and 9.5% in real terms in 2010, 2011, 2012 and 2013 respectively. Moreover, China's fixed asset investment increased at the slowest pace in 15 years, from a 17.2% increase during January - May 2014, while fixed asset investment increased by 11.4% during the same period in 2015. In real terms, the industry's output value recorded a compound annual growth rate (CAGR) of 8.85% during the review period (2010 - 2014), and is expected to grow at a CAGR of 4.99% over the forecast period. Key Highlights: - The construction industry in China is expected to grow at a slower pace over the forecast period as compared to review period, due to sliding economic growth. Expected expansion in the industry over the forecast period will be driven by huge demand for transport infrastructure and affordable housing amid the ongoing urbanization process. In an effort to boost domestic consumption - as the country's urban population as a part of the total is expected to increase from 53.7% in 2014 to 60% by 2020 - the government released the 2014 - 2020 urbanization plan in 2014. Companies Mentioned - China Communications Construction Company Ltd - China Railway Construction Corporation Ltd - China Railway Group Ltd - China State Construction Engineering Corporation Ltd - China Vanke Co., Ltd Key Topics Covered: 1 Executive Summary 2 Industry Outlook 3 Key Issues and Developments 4 Market Data Analysis 5 Company Profile: China State Construction Engineering Corporation Ltd. 6 Company Profile: China Railway Construction Corporation Ltd 7 Company Profile: China Railway Group Ltd 8 Company Profile: China Communications Construction Company Ltd 9 Company Profile: China Vanke Co., Ltd For more information visit http://www.researchandmarkets.com/research/lk...ruction_in
Primoris (PRIM) Awarded Underground Contract Worth $20M
Zacks Equity Research - Zacks Investment Research - Thu Aug 20, 2:15PM CDT
Primoris Services Corporation (PRIM) has received a new underground award valued in excess of $20 million.
PRIM: 18.25 (+0.13), DY: 95.84 (+1.06)
Tutor Perini Unit Wins $140M Contract for Miami Resort
Zacks Equity Research - Zacks Investment Research - Wed Aug 19, 1:00PM CDT
Tutor Perini's (TPC) subsidiary has been awarded $140 million contract for two luxury residential towers in Miami Beach.
TPC: 25.65 (+0.58), DY: 95.84 (+1.06)
World Bank, IMF, UNDP and Diplomatic Reps Tour Sicomines Project to Observe Progress of the DRC's First Infrastructure-For-Minerals Partnership Mines
M2 - Fri May 22, 3:07AM CDT
KINSHASA, Dem. Rep. of Congo (DRC) -- From May 16-17, members of the World Bank, United Nations Development Program, the U.S Embassy and other foreign diplomats toured facilities and assessed the progress of the new Sicomines joint venture, the Democratic Republic of Congo's (DRC) first "infrastructure for minerals" partnership. Sicomines Sarl, a joint venture between Congolese mining company Gecamines SA, China's Sinohydro and the China Railway Group Limited, oversees the project, which includes the construction and operation of two copper plants in Katanga province.
China Urban Rail Transit Industry Report 2014-2018
M2 - Mon Dec 08, 5:27AM CST
Research and Markets (http://www.researchandmarkets.com/research/kjxqfm/indepth_research) has announced the addition of the "In-Depth Research on Urban Rail Transit Industry in China, 2014-2018" report to their offering. In-Depth Research on Urban Rail Transit Industry in China, 2014-2018 mainly analyzes the policies and market scale of urban rail transit, makes comparative analysis on the growth of related businesses in key enterprises of this industry. Since 2010, China has approved over 20 short-term construction plans of urban rail transit with total approval investment of CNY 1.2 trillion and approval mileage of over 2,000 km. in which, 16 plans were approved in 2012 with total investment of CNY 874.393 billion and will be completed before 2020. By the end of 2013, 37 cities had been approved to build urban rail transit, ranking top 1 in world, and at least more than 10 cities will be approved in next 3 years. In other words, the upsurge of urban rail transit will last over 10 years at least in China. Seeing from long-term investment and financing, it is predicted that 37 cities will build urban rail transit for 3,127 km in total, and the total estimated investment will be 1.86 trillion in 2013-2018, in which the capital needed is CNY 746.4 billion and another CNY 1.11 trillion needs to be financed. So, averagely, investment of CNY 310 billion, capital of CNY 124.4 billion and financing of CNY 185.1 billion are needed each year. By the end of 2013, total of 2,476 km of urban rail transit had been completed in 19 cities. In which, subway: 2,073 km, accounting for 75.35%; light rail: 333 km, accounting 8.5%; Monorail 75km, accounting for 2.7%; Modern Tramway: 108km, accounting for 3.9%; Meglev Train: 30km, accounting for 1.1%; and inner-city rapid rail transit: 227km, accounting for 8.3%. Huidian Research predicts: the operation mileage of urban rail transit will reach 3,140 km in 2014, and 5,370 km in 2018, with annual average growth rate of 14.3%. Key Topics Covered: 1. General Situation of Urban Rail Transit Industry 2. Status Quo and Prospect of Rail Transit Industry Internationally 3. Development Environment of Rail Transit Industry in China 4. Development Situation of Urban Rail Transit Industry 5. Market Analysis of Urban Rail Transit in China 6. Competition Status of Urban Rail Transit Industry 7. Development Situation of Sub-industries of Urban Rail Transit Industry 8. Urban Rail Transit Equipment Manufacturers in China 9. Other Key Enterprises in China 10. Industry Risks Companies Mentioned - CSR Corporation Limited - China CNR Corporation Limited - China Railway Construction Corporation Limited (CRCC) - China Railway Group Limited - Shanghai Shentong Metro Group Co., Ltd - Shanghai Tunnel Engineering Co., Ltd - Xiangtan Electric Manufacturing Group Co., Ltd. (XEMC) For more information visit http://www.researchandmarkets.com/research/kj...h_research
Chinese bullet train in Venezuela stalls as alliance derails
By JOSHUA GOODMAN - AP - Sat May 14, 7:48AM CDT
ZARAZA, Venezuela (AP) — It was once billed as a model of socialist fraternity: South America's first high-speed train, powered by Chinese technology, crisscrossing Venezuela to bring development to its backwater plains. Now all but abandoned, it has become a symbol of economic collapse — and a strategic relationship gone adrift.
Sterling Construction Awarded $14 M Project in Hawai
Zacks Equity Research - Zacks Investment Research - Thu Oct 08, 12:55PM CDT
Sterling Construction Company, Inc. (STRL) has been awarded a project worth $13.9 million by the Hawaii Department of Transportation (HDOT).
DY: 95.84 (+1.06), STRL: 5.75 (unch)
Great Lakes Dredge & Dock Wins 3 Dredging Contracts
Zacks Equity Research - Zacks Investment Research - Tue Oct 06, 4:38PM CDT
Great Lakes Dredge & Dock (GLDD) has won three dredging contract worth around $99 million along the Delaware River.
DY: 95.84 (+1.06), GLDD: 4.45 (-0.02)
Granite Construction Down to Strong Sell on Weak Earnings
Zacks Equity Research - Zacks Investment Research - Wed Sep 30, 2:15PM CDT
Zacks Investment Research downgraded Granite Construction Incorporated (GVA) to a Zacks Rank #5 (Strong Sell) on Sep 30, 2015.
GVA: 51.00 (+0.94), DY: 95.84 (+1.06)
Great Lakes Dredge & Dock, CCL Win LNG Contract in Texas
Zacks Equity Research - Zacks Investment Research - Tue Sep 29, 5:09PM CDT
Great Lakes Dredge & Dock (GLDD) in association wilth CCL has received a contract in Texas.
CCL: 46.32 (+0.15), LNG: 41.10 (-0.23), GLDD: 4.45 (-0.02)
Primoris' Unit Wins Underground Contract worth $28M
Zacks Equity Research - Zacks Investment Research - Fri Sep 25, 1:10PM CDT
Primoris (PRIM) has received underground contract worth $28 million.
PRIM: 18.25 (+0.13), DY: 95.84 (+1.06)
Granite Construction (GVA) Wins $60 M Project in Illinois
Zacks Equity Research - Zacks Investment Research - Wed Sep 23, 1:35PM CDT
Granite Construction Incorporated (GVA) has won a $60 million interstate reconstruction contract from the Illinois Department of Transportation.
GVA: 51.00 (+0.94), DY: 95.84 (+1.06)
Primoris' Unit Wins 3 Industrial Contracts Worth Over $30M
Zacks Equity Research - Zacks Investment Research - Wed Sep 16, 1:15PM CDT
Primoris' (PRIM) unit has won three industrial contracts worth over $30 million.
PRIM: 18.25 (+0.13), DY: 95.84 (+1.06)
Granite Construction Awarded $72M Contract by USACE
Zacks Equity Research - Zacks Investment Research - Tue Sep 15, 4:34PM CDT
Granite Construction Incorporated (GVA) has been awarded a $72 million contract by the U.S. Army Corps of Engineers (USACE).
GVA: 51.00 (+0.94), DY: 95.84 (+1.06)
Great Lakes Dredge & Dock Issues $15M Buyback Program
Zacks Equity Research - Zacks Investment Research - Mon Sep 14, 3:35PM CDT
Great Lakes Dredge & Dock (GLDD) has sanctioned a new share repurchase program of up to $15 million shares.
DY: 95.84 (+1.06), GLDD: 4.45 (-0.02)
Primoris' Unit Wins Water Contract Worth $16M in Texas
Zacks Equity Research - Zacks Investment Research - Wed Sep 09, 1:25PM CDT
Cardinal Contractors, a unit of the East Construction Services segment of Primoris (PRIM), has secured a water contract worth $16 million from a municipal customer in Texas.
PRIM: 18.25 (+0.13), DY: 95.84 (+1.06)
Primoris Receives Parking Structure Award Worth $10 M
Zacks Equity Research - Zacks Investment Research - Thu Aug 27, 1:15PM CDT
Primoris Services Corporation (PRIM) announced it has been awarded a new parking structure award valued at $10 million.
PRIM: 18.25 (+0.13), DY: 95.84 (+1.06)
Construction in China to 2019 - Fixed Asset Investment Increased by 11.4% during 2015
M2 - Fri Aug 21, 8:34AM CDT
Research and Markets (http://www.researchandmarkets.com/research/lk8rvn/construction_in) has announced the addition of the "Construction in China - Key Trends and Opportunities to 2019" report to their offering. Construction activity in China has been fairly weak since 2014, due to a slowdown in the property market, huge unsold housing stock, a relatively sluggish economy and high local government debt-to-GDP ratios. Consequently, the country's construction industry posted growth of 6.8% in real terms that year. This was preceded by annual growth rates of 13.5%, 9.7%, 9.3% and 9.5% in real terms in 2010, 2011, 2012 and 2013 respectively. Moreover, China's fixed asset investment increased at the slowest pace in 15 years, from a 17.2% increase during January - May 2014, while fixed asset investment increased by 11.4% during the same period in 2015. In real terms, the industry's output value recorded a compound annual growth rate (CAGR) of 8.85% during the review period (2010 - 2014), and is expected to grow at a CAGR of 4.99% over the forecast period. Key Highlights: - The construction industry in China is expected to grow at a slower pace over the forecast period as compared to review period, due to sliding economic growth. Expected expansion in the industry over the forecast period will be driven by huge demand for transport infrastructure and affordable housing amid the ongoing urbanization process. In an effort to boost domestic consumption - as the country's urban population as a part of the total is expected to increase from 53.7% in 2014 to 60% by 2020 - the government released the 2014 - 2020 urbanization plan in 2014. Companies Mentioned - China Communications Construction Company Ltd - China Railway Construction Corporation Ltd - China Railway Group Ltd - China State Construction Engineering Corporation Ltd - China Vanke Co., Ltd Key Topics Covered: 1 Executive Summary 2 Industry Outlook 3 Key Issues and Developments 4 Market Data Analysis 5 Company Profile: China State Construction Engineering Corporation Ltd. 6 Company Profile: China Railway Construction Corporation Ltd 7 Company Profile: China Railway Group Ltd 8 Company Profile: China Communications Construction Company Ltd 9 Company Profile: China Vanke Co., Ltd For more information visit http://www.researchandmarkets.com/research/lk...ruction_in
Primoris (PRIM) Awarded Underground Contract Worth $20M
Zacks Equity Research - Zacks Investment Research - Thu Aug 20, 2:15PM CDT
Primoris Services Corporation (PRIM) has received a new underground award valued in excess of $20 million.
PRIM: 18.25 (+0.13), DY: 95.84 (+1.06)
Tutor Perini Unit Wins $140M Contract for Miami Resort
Zacks Equity Research - Zacks Investment Research - Wed Aug 19, 1:00PM CDT
Tutor Perini's (TPC) subsidiary has been awarded $140 million contract for two luxury residential towers in Miami Beach.
TPC: 25.65 (+0.58), DY: 95.84 (+1.06)
World Bank, IMF, UNDP and Diplomatic Reps Tour Sicomines Project to Observe Progress of the DRC's First Infrastructure-For-Minerals Partnership Mines
M2 - Fri May 22, 3:07AM CDT
KINSHASA, Dem. Rep. of Congo (DRC) -- From May 16-17, members of the World Bank, United Nations Development Program, the U.S Embassy and other foreign diplomats toured facilities and assessed the progress of the new Sicomines joint venture, the Democratic Republic of Congo's (DRC) first "infrastructure for minerals" partnership. Sicomines Sarl, a joint venture between Congolese mining company Gecamines SA, China's Sinohydro and the China Railway Group Limited, oversees the project, which includes the construction and operation of two copper plants in Katanga province.
China Urban Rail Transit Industry Report 2014-2018
M2 - Mon Dec 08, 5:27AM CST
Research and Markets (http://www.researchandmarkets.com/research/kjxqfm/indepth_research) has announced the addition of the "In-Depth Research on Urban Rail Transit Industry in China, 2014-2018" report to their offering. In-Depth Research on Urban Rail Transit Industry in China, 2014-2018 mainly analyzes the policies and market scale of urban rail transit, makes comparative analysis on the growth of related businesses in key enterprises of this industry. Since 2010, China has approved over 20 short-term construction plans of urban rail transit with total approval investment of CNY 1.2 trillion and approval mileage of over 2,000 km. in which, 16 plans were approved in 2012 with total investment of CNY 874.393 billion and will be completed before 2020. By the end of 2013, 37 cities had been approved to build urban rail transit, ranking top 1 in world, and at least more than 10 cities will be approved in next 3 years. In other words, the upsurge of urban rail transit will last over 10 years at least in China. Seeing from long-term investment and financing, it is predicted that 37 cities will build urban rail transit for 3,127 km in total, and the total estimated investment will be 1.86 trillion in 2013-2018, in which the capital needed is CNY 746.4 billion and another CNY 1.11 trillion needs to be financed. So, averagely, investment of CNY 310 billion, capital of CNY 124.4 billion and financing of CNY 185.1 billion are needed each year. By the end of 2013, total of 2,476 km of urban rail transit had been completed in 19 cities. In which, subway: 2,073 km, accounting for 75.35%; light rail: 333 km, accounting 8.5%; Monorail 75km, accounting for 2.7%; Modern Tramway: 108km, accounting for 3.9%; Meglev Train: 30km, accounting for 1.1%; and inner-city rapid rail transit: 227km, accounting for 8.3%. Huidian Research predicts: the operation mileage of urban rail transit will reach 3,140 km in 2014, and 5,370 km in 2018, with annual average growth rate of 14.3%. Key Topics Covered: 1. General Situation of Urban Rail Transit Industry 2. Status Quo and Prospect of Rail Transit Industry Internationally 3. Development Environment of Rail Transit Industry in China 4. Development Situation of Urban Rail Transit Industry 5. Market Analysis of Urban Rail Transit in China 6. Competition Status of Urban Rail Transit Industry 7. Development Situation of Sub-industries of Urban Rail Transit Industry 8. Urban Rail Transit Equipment Manufacturers in China 9. Other Key Enterprises in China 10. Industry Risks Companies Mentioned - CSR Corporation Limited - China CNR Corporation Limited - China Railway Construction Corporation Limited (CRCC) - China Railway Group Limited - Shanghai Shentong Metro Group Co., Ltd - Shanghai Tunnel Engineering Co., Ltd - Xiangtan Electric Manufacturing Group Co., Ltd. (XEMC) For more information visit http://www.researchandmarkets.com/research/kj...h_research
