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Is Sterling's Housing Exposure a Risk Amid Ongoing Market Shifts?
ZACKS· 2025-10-02 15:06
Key Takeaways Sterling's Building Solutions revenues fell 7.6% in H1 2025 to $199.3M amid housing market weakness.E-Infrastructure backlog rose 44% year over year to $1.2B, led by data centers and manufacturing projects.Service diversification and CEC Facilities acquisition are expected to bolster STRL's long-term prospects.Sterling Infrastructure, Inc. (STRL) operates as a diversified construction solutions provider, with strong positions in civil, specialty services and building segments. Its Building Sol ...
Levi & Korsinsky Notifies Fluor Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - FLR
Prnewswire· 2025-10-01 12:45
Accessibility StatementSkip Navigation NEW YORK, Oct. 1, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Fluor Corporation ("Fluor Corporation" or the "Company") (NYSE: FLR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fluor Corporation investors who were adversely affected by alleged securities fraud between February 18, 2025 and July 31, 2025. Follow the link below to get more information and be contacted by a member of our team: ...
ALEC Holdings prices $381m Dubai IPO at top of range, raises Dhs1.4bn
Gulf Business· 2025-10-01 11:20
Image: ALEC Holdings ALEC Holdings, the Dubai-based engineering and construction group, priced its initial public offering (IPO) at the top of the indicated range, raising Dhs1.4bn ($381m) in the UAE’ largest construction sector IPO to date.The company sold one billion shares at Dhs1.40 each, implying a market capitalisation of Dhs7bn ($1.91bn) at listing, ALEC said in a statement.The sale represents 20 per cent of the company’s share capital, all offered by the Investment Corporation of Dubai (ICD), which ...
MPA Contract Extended to Continue Delivering the Transformational Hudson Tunnel Project, the Most Urgent Rail Project in United States
Globenewswire· 2025-09-30 20:05
Hudson Tunnel Project Proves that America is Building AgainNEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) -- MPA Delivery Partners, the joint venture of Mace, Parsons Corporation (NYSE: PSN), and Arcadis (EURONEXT: ARCAD) announced today that the team has been awarded a $665 million, 4.5-year contract extension by the Gateway Development Commission (GDC) to continue managing the successful delivery of the Hudson Tunnel Project (HTP). The HTP is progressing on-schedule and expected to create more than 95,000 jobs ...
Engineering And Construction Costs Slow In September, Dampened By Steel Prices
Seeking Alpha· 2025-09-30 06:45
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FLR LAWSUIT ALERT: The Gross Law Firm Notifies Fluor Corporation Investors of a Class Action Lawsuit and Upcoming Deadline
Globenewswire· 2025-09-29 20:15
NEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Fluor Corporation (NYSE: FLR). Shareholders who purchased shares of FLR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/fluor-corporation-loss-submission-form/?id=169632&from=3 CLASS PERIOD: February 18, ...
Class Action Filed Against Fluor Corporation (FLR) - November 14, 2025 Deadline to Join - Contact The Gross Law Firm
Prnewswire· 2025-09-29 12:45
Accessibility StatementSkip Navigation NEW YORK, Sept. 29, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Fluor Corporation (NYSE: FLR). Shareholders who purchased shares of FLR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE:https://securitiesclasslaw.com/securities/fluor-corporation-loss-submission-form/? id=16961 ...
证券代码:002062 证券简称:宏润建设 公告编号:2025-051
Zhong Guo Zheng Quan Bao - Zhong Zheng Wang· 2025-09-29 01:32
登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及董事会全体成员保证信息披露的内容真实、准确、完整,没有虚假记载、误导性陈述或重大遗 漏。 一、项目基本情况 1、项目业主方:嘉兴市杭嘉湖南排工程管理服务中心 2、项目中标人:浙江省水利水电勘测设计院有限责任公司(联合体牵头人)、浙江省第一水电建设集 团股份有限公司(联合体成员)、宏润建设集团股份有限公司(联合体成员)。 3、项目承包方式:EPC总承包 4、项目中标金额:1,360,391,240元 5、项目工程工期:43个月 6、项目范围:扩大杭嘉湖南排后续东部通道工程(麻泾港枢纽工程)批复概算内所有工程部分及专项 部分的设计采购施工(EPC)总承包。 7、2023年度至今,公司未与业主方发生类似业务。 8、公司与业主方不存在任何关联关系。 宏润建设集团股份有限公司(以下简称"公司")于近日参与了扩大杭嘉湖南排后续东部通道工程(麻泾 港枢纽工程)设计采购施工(EPC)总承包项目的投标,嘉兴市公共资源交易网公示了上述项目的中标 候选人,公司为第一中标候选人,具体内容详见2025年9月26日披露在巨潮资讯网 (http://www.cninfo.com.c ...
Is Fluor Stock Your Ticket to Becoming a Millionaire?
The Motley Fool· 2025-09-27 22:23
Fluor stock is up 365% over the past five years.Fluor (FLR -0.57%) investors have been very happy over the last five years. Over that time period, shares have risen in value by roughly 365%. That's a compound annual growth rate of 36%, more than 3 times the stock market's long-term average.Is Fluor your secret to retiring a millionaire? The answer might surprise you.Two things to know about Fluor's operating historyAt its core, Fluor is an engineering and construction company. It serves a variety of sectors ...
FLR INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-09-27 14:00
Core Viewpoint - Fluor Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and undisclosed costs related to several infrastructure projects [1][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Maglione v. Fluor Corporation and covers purchasers of Fluor securities from February 18, 2025, to July 31, 2025 [1]. - The lawsuit alleges that Fluor and its executives made false statements regarding the financial health of the company, particularly concerning the Gordie Howe International Bridge and other Texas highway projects [3][4]. - Allegations include that costs for these projects were increasing due to subcontractor design errors, price hikes, and scheduling delays, which negatively impacted Fluor's business outlook [4]. Group 2: Financial Performance - On August 1, 2025, Fluor reported second quarter 2025 non-GAAP earnings per share of $0.43, missing consensus estimates by $0.13, and revenue of $3.98 billion, a 5.9% year-over-year decline [5]. - The company attributed its disappointing results to rising costs in infrastructure projects and reduced capital spending by customers, leading to a negatively revised financial outlook for fiscal year 2025 [5]. - Following the announcement of these results, Fluor's stock price dropped by over 27% [5]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Fluor securities during the class period to seek appointment as lead plaintiff in the lawsuit [6]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [6]. Group 4: Company Background - Fluor Corporation provides engineering, procurement, construction, fabrication, modularization, and project management services [3]. - The company has been involved in significant infrastructure projects, including the Gordie Howe International Bridge and major highways in Texas [3].