Group 1: NBCC (India) Ltd - NBCC (India) Ltd secured two significant contracts in Odisha totaling ₹134.05 crore, excluding GST [1] - The first contract is for construction, repair, and renovation under PM-USHA at Maharaja Sriram Chandra Bhanja Deo University, valued at ₹45.87 crore [1] - The second contract involves civil works implementation for the Godabarisha Mishra Adarsha Prathamika Vidyalaya Scheme, valued at ₹88.18 crore [1] Group 2: Oil and Natural Gas Corporation Ltd (ONGC) - ONGC signed Joint Venture Agreements with Mitsui O.S.K. Lines Ltd. to subscribe to equity shares in two joint venture entities, Bharat Ethane One IFSC Pvt Ltd and Bharat Ethane Two IFSC Pvt Ltd [2] - ONGC will subscribe to 200,000 equity shares at ₹100 per share in each joint venture, resulting in a 50% equity stake in both entities [2] Group 3: Steel Authority of India Ltd (SAIL) - SAIL reported a 37% year-on-year growth in sales, reaching 2.1 million tonnes in December 2025, compared to 1.5 million tonnes in December 2024 [3] - This performance marks the best ever showing for the month of December, with significant inventory reduction and a strong focus on customer deliveries [3]

Cash is King – everyone is undoubtedly familiar with this saying. But did you know it rings true for corporations? Especially in today’s volatile economic climate, having a strong cash position is of paramount importance. In this piece, we spotlight five companies that boast strong cash balances: Sheng Siong Group Ltd (SGX: OV8), Wee Hur Holdings Ltd (SGX: E3B), Propnex Ltd (SGX: OYY), Raffles Medical Group Ltd (SGX: BSL), and Riverstone Holdings Ltd (SGX: AP4).What Defines a “Cash-Rich, Rock-Solid” Company ...

Group 1 - UAB Merko Statyba, part of AS Merko Ehitus, has submitted the best bid for parts B and C in the public procurement for the development of military infrastructure at the Rūdninkai polygon through a public-private partnership [1] - The Lithuanian Ministry of Defence has not yet officially published the decision on the selection of the best bidders or proposed contract conclusions, but is in the final verification process and expects to reach the contract conclusion phase within this year [2] - AS Merko Ehitus will announce the conclusion of partnership and construction agreements through the stock exchange [3] Group 2 - UAB Merko Statyba is a recognized Lithuanian construction company providing services in general construction, civil engineering, and residential construction [3] - AS Merko Ehitus operates in Estonia, Latvia, and Lithuania, employing 605 people and generating revenue of EUR 539 million for the year 2024 [3]

Group 1 - Cardinal Infrastructure Group has successfully raised approximately $241.5 million in its initial public offering in the United States [1]

Core Points - Bird Construction Inc. has entered into a Development Phase Agreement (DPA) with Infrastructure Ontario and William Osler Health System for the Peel Memorial Hospital Phase 2 Redevelopment project [1][2] - This agreement follows Bird's selection as the Preferred Proponent, marking the start of the Development Phase where Bird will collaborate closely with Osler and IO on project design, schedule, pricing, and risk management [2] - The DPA reflects Bird's extensive experience in delivering complex healthcare infrastructure across Canada, emphasizing a progressive contracting model that enhances early engagement and informed decision-making [3] Company Overview - Bird Construction is a leading Canadian construction and maintenance company with operations across Canada, providing a comprehensive range of construction services and innovative solutions [4] - The company has a strong commitment to safety and high service levels, aiming to deliver long-term value for all stakeholders [4]

Core Points - Bird Construction Inc. will release its 2025 third quarter financial results on November 12, 2025, after market close [1] - A conference call and live webcast to discuss the results will take place on November 13, 2025, at 10:00 a.m. (ET) [1] - The call will be hosted by Teri McKibbon, President and CEO, and Wayne Gingrich, CFO [1] Registration and Access - Participants can register for expedited access to the conference call through a provided link [2] - Upon registration, participants will receive dial-in information and a unique PIN, along with an email confirmation [2] - The live webcast will be available at a specified URL, and related financial documents will be accessible after market close on November 12, 2025 [2] Company Overview - Bird Construction is a leading Canadian construction and maintenance company operating nationwide [3] - The company offers a comprehensive range of construction services and innovative solutions across industrial, buildings, and infrastructure markets [3] - Bird has a history of over 100 years, emphasizing a safety-first approach and a commitment to providing long-term value for stakeholders [3]

Company Overview - Builders FirstSource, Inc. (BLDR) is the largest U.S. supplier of structural building materials and related construction services, generating $16.4 billion in net sales in 2024, with approximately 71% from new single-family homes [2][6] Growth Strategy - The company has expanded through mergers and acquisitions, notably the BLDR+ProBuild and BMC+SBS deals, which have created significant synergies and enhanced pricing power [3][5] - BLDR's strategy includes leveraging offsite assembly and value-added services, addressing labor shortages for homebuilders, and capturing about 10% of the materials cost for each new single-family home [4][6] Financial Metrics - The company has normalized EBITDA margins around 11–11.5%, with ongoing tuck-in acquisitions expected to drive 4–5% inorganic growth annually [5][6] - Valuation analysis suggests a fair value between $155–$185 per share, indicating potential upside from the current market price of $133 [6] Market Position and Catalysts - BLDR's scale provides it with pricing power in dominant regions, enhancing EBITDA margins and operational resilience [4][6] - Catalysts for growth include increased homebuilding activity, lower interest rates, and potential mergers and acquisitions [6]

Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings revisions are crucial for sustaining momentum in stocks [1]. Group 1: Recent Price Strength Screen - The "Recent Price Strength" screen is a unique short-term trading strategy that helps identify stocks with strong fundamentals capable of maintaining an uptrend [2]. - Stocks that pass this screen are typically trading in the upper portion of their 52-week high-low range, indicating bullish sentiment [2]. Group 2: Tutor Perini (TPC) Analysis - Tutor Perini (TPC) has shown a significant price increase of 49.8% over the past 12 weeks, indicating strong investor interest [3]. - TPC has also experienced a 9.9% price increase over the last four weeks, suggesting that the upward trend is still intact [4]. - Currently, TPC is trading at 97.7% of its 52-week high-low range, indicating a potential breakout [4]. Group 3: Fundamental Strength - TPC holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks averaging a +25% annual return since 1988 [6]. - TPC also has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [6]. Group 4: Additional Investment Opportunities - Besides TPC, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [7]. - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles for potential winning stock picks [7].

Group 1 - Tapa municipality and AquaTapa OÜ signed a contract for the right of superficies of the Tapa swimming pool on August 18, with construction to be carried out by Merko Ehitus [1] - AS Merko Ehitus Eesti is engaged in pre-contractual negotiations with the ordering party and will announce the signing of the agreement through a stock exchange announcement [1] Group 2 - AS Merko Ehitus Eesti is a recognized Estonian construction company providing services in general construction, civil engineering, and residential construction [2] - The group operates in Estonia, Latvia, and Lithuania, employing 605 people as of the end of 2024, with a revenue of EUR 539 million for that year [2]

Core Insights - Bird Construction is executing its 2025-2027 Strategic Plan, focusing on sectors with long-term demand drivers and maintaining a risk-balanced work program to drive growth and margin accretion [1] - The company has a record backlog of $4.6 billion, which positions it well to capitalize on future opportunities once market uncertainties resolve [1][2] Financial Performance - In Q2 2025, Bird's construction revenue was $850.8 million, a decrease of 2.6% from $873.5 million in Q2 2024 [5][7] - Net income for Q2 2025 was $20.3 million, down from $21.4 million in Q2 2024, while adjusted earnings increased by 18% to $27.6 million [5][6] - Adjusted EBITDA for Q2 2025 was $54.9 million, representing a margin of 6.5%, up from 5.3% in the prior year [5][8] Backlog and Securements - Bird secured almost $1.2 billion in additional work in Q2 2025, increasing its backlog to a record $4.6 billion [2][8] - Year-to-date securements totaled $2.5 billion, nearly $1.0 billion higher than the previous year [8] Operational Highlights - The company generated strong operational cash flow of $54.5 million in Q2 2025, a 14.8% increase from the same quarter in 2024 [8] - Bird's liquidity position remains robust, with $142.6 million in cash and an additional $231.7 million available under its credit facility [8] Project Awards - In Q2 2025, Bird was awarded five projects valued at over $650 million, including significant contracts in infrastructure and industrial sectors [8][14]