GRAPEVINE, Texas--(BUSINESS WIRE)--Southland Holdings, Inc. (NYSE American: SLND and SLND WS) ("Southland†) announced today it has been awarded two projects totaling approximately $130 million. This includes a bridge rehabilitation project for a private client in the Pacific Northwest through a subsidiary in its Transportation segment, American Bridge Company, and a water resource project in the City of Austin, Texas, through a subsidiary in its Civil segment, Oscar Renda Contracting. The proje. ...

Accessibility StatementSkip Navigation Hudson Tunnel Project Proves that America is Building Again NEW YORK, Sept. 30, 2025 /PRNewswire/ -- 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 expe ...

AUSTIN, Texas, Sept. 30, 2025 (GLOBE NEWSWIRE) -- via IBN – Golden Triangle Ventures, Inc. (OTC: GTVH) announced today that its newly launched construction subsidiary, GoldenEra Development, has secured a major residential development project in Austin, Texas. The contract is valued at more than $750,000 and marks a strong start to the fourth quarter, showcasing the company’s ability to generate substantial revenue from its construction operations at an early stage. The project involves the development of a ...

You don't think we have enough skill skilled labor. I mean, interestingly, Hyundai obviously was effectively importing its own labor at one point. >> Yes.Oh, no. It's unbelievable how chronic the shortage of of skilled labor is in this country. We don't have vocational schools.There's no apprentice programs. Um, this is a huge crisis at the country. If you ask your local plumber and electrician, you know, who is their next generation.They'll say, I don't know. And we have to solve that problem. These are sm ...

This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. This feature is a part of “The Dotted Line” series, which takes an in-depth look at the complex legal landscape of the construction industry. To view the entire series, click here. From the outside, a data center structure looks like a simple warehouse. Its construction contract would reveal a different story. Data center construction is booming in the U.S. ...

[Music] Stocks our strategists feel are poised to deliver positive returns are featured now in their top stock picks of the week. Welcome to today's top stock pick. I am Jeremy Mullen alongside Ben Reigns who will have his pick shortly.But first, we will be doing Zoom Communications, ticker symbol ZM. Now, this is the popular cloud-based video conferencing company that many of us used during the pandemic. We might not have great memories of that, but it sure helped the stock out, which went from $70 to $588 ...

Core Insights - The U.S. IPO market is experiencing a modest scale with more companies entering, highlighted by a recent IPO and several SPACs debuting [1] - Megan Holdings, a Malaysian aquaculture service provider, priced its IPO at the lower end of its range, raising $5 million with a market cap of $65 million [1][2] - The week saw significant fundraising from SPACs, with Drugs Made In America Acquisition II raising $500 million, and other SPACs led by notable figures like Chamath Palihapitiya and Tom Lee also securing substantial amounts [1][2] IPO Activity - Megan Holdings (MGN) raised $5 million with a market cap of $55 million, showing a first-day return of +21% [2] - American Acquisition A (AEXA) raised $300 million, with a first-day return of +6% [2] - FutureCrest Acquisition (FRCS.U) raised $250 million, achieving a first-day return of +4% [2] - Emmis Acquisition (EMISU) raised $100 million, with no first-day return [2] - Drugs Made In America Acquisition II (DMIIU) raised $500 million, with a first-day return of +10% [2] Upcoming IPOs - Fermi (FRMI), a newly established REIT, plans to raise $500 million with a market cap of $13 billion, focusing on a large-scale data center project [5] - Neptune Insurance (NP) aims to raise $350 million with a market cap of $2.8 billion, providing data-driven insurance products [5] - Commercial Bancgroup (CBK) plans to raise $100 million with a market cap of $367 million [6] - HW Electro (HWEP) is set to raise $17 million with a market cap of $16.9 million [6] Initial Filings - Six IPOs submitted initial applications, including HCI Group Exzeo (XZO) seeking $100 million and Ethos Technologies (LIFE) also targeting $100 million [2][4] - Other companies filing include YCS Group Holdings (YCSG.RC) for $14 million, PressLogic (PLAI) for $12 million, Seahawk Recycling Holdings for $10 million, and CSC Collective Holdings for $7 million [2][4] SPAC Filings - Three SPACs filed initial applications, including Lafayette Digital Acquisition I seeking $250 million, Climate Transition Special Opportunities SPAC I aiming for $150 million, and Creative Future Acquisition targeting $60 million [3][4]

Earnings Expectations - Carnival Corp (NYSE: CCL) is expected to report quarterly earnings of $1.32 per share on revenue of $8.10 billion [2] - Progress Software Corp (NASDAQ: PRGS) is anticipated to post earnings of $1.30 per share on revenue of $240.11 million [2] - Jefferies Financial Group Inc (NYSE: JEF) is projected to report quarterly earnings of 80 cents per share on revenue of $1.92 billion [2] - Vail Resorts Inc (NYSE: MTN) is expected to report a quarterly loss of $4.75 per share on revenue of $273.91 million [2] Stock Movements - Carnival shares increased by 0.1% to $30.65 in after-hours trading [2] - Progress Software shares rose by 0.4% to $42.20 in after-hours trading [2] - JFB Construction Holdings (NASDAQ: JFB) shares surged by 95.5% to $13.39 following a $44 million private placement announcement [2] - Vail Resorts shares gained 0.6% to $148.58 in after-hours trading [2] - Jefferies Financial shares slightly declined to $66.70 in after-hours trading [2]

KKR is investing in Infobric, a software company focused on the construction industry that’s backed by Stirling Square https://t.co/haGaGrsJQF ...

Summary of Key Points from the Conference Call Industry Overview - The report focuses on the Chinese economy, highlighting the current economic conditions and anticipated policy responses in the context of structural reforms and stimulus measures [3][7]. Core Insights and Arguments 1. **Economic Performance**: Exports remain strong, but domestic demand is cooling. Short-term policies are expected to support infrastructure and alleviate local government debt [3][7]. 2. **Structural Reforms**: Significant structural reforms, such as the redesign of local incentive mechanisms and social security reforms, are anticipated to be addressed in the upcoming 15th Five-Year Plan [3][7]. 3. **Growth Momentum**: There is a noted weakening in growth momentum due to fiscal constraints and a diminishing marginal effect of consumption incentives. GDP growth is projected to decline to 4.5% in Q3 [7][9]. 4. **Policy Stance**: The government is likely to adopt a stance of "adjustment rather than a shift," focusing on minor policy tweaks rather than aggressive stimulus measures [7][9]. 5. **Fiscal Support**: Anticipated fiscal measures include a new policy financial tool worth 500 billion RMB for local infrastructure projects and 1 trillion RMB in support for local government debt [9][9]. Additional Important Content 1. **Retail Performance**: Retail sales in the automotive and home appliance sectors have further slowed since September, reflecting both high base effects and local government subsidy management [8][20]. 2. **Real Estate Market**: Residential sales remain sluggish, with expectations of a significant decline in growth rates due to high base effects in the future [8][17]. 3. **Construction Activity**: The construction industry is experiencing weak activity, with low demand for rebar and cement, indicating broader economic challenges [18][24]. 4. **Trade Dynamics**: Container throughput at major ports has shown a recovery, indicating a divergence in export performance between the U.S. and non-U.S. markets [15][11]. 5. **Inflation Expectations**: Structural reforms are deemed crucial for stabilizing inflation expectations and releasing excess household savings [9][9]. This summary encapsulates the key points discussed in the conference call, providing insights into the current state of the Chinese economy and the anticipated policy responses.