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0.000674422525712344 0.000505816894284288 0.00118023941999663 0.00320350699713367 0.00606980273141122 0.00657561962569551 0.00134884505142469 0.0035407182599899
Stock impact report

Tutor Perini to Serve as Managing Partner for $1.18B Project [Yahoo! Finance]

Tutor Perini Corporation (TPC) 
Last tutor perini corporation earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Following the contract announcement, TPC stock gained 7.2% during trading hours and inched up 0.9% in the after-hours on Monday. The newly awarded contract encompasses the Guideway and Stations Project at Newark Liberty International Airport in New Jersey, condensed under the AirTrain Newark Replacement Program. Per the contract, the JV will be responsible for designing and constructing a 2.5-mile elevated, automated people-mover train system comprising three stations. This will replace the existing AirTrain, which has operated since 1996. For the project, Tutor Perini will be serving as the managing partner with 25% of weightage alongside O&G Industries. Parsons Corporation will be serving as the JV's lead design subcontractor for the Guideway and Stations Project. TPC's efficient project execution, diversified delivery methods and services have aided it in getting contracts and awards consistently. This is the company's primary growth driver, which adds to its backlog level Show less Read more
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