$MYRG (MYR Group, Inc.)

$MYRG {{ '2016-05-02T06:54:05+0000' | timeago}} • Announcement

Specialty contractor $MYRG said it has appointed Bradley Favreau to its BoD, effective April 28, pursuant to an agreement with Engine Capital on March 22 regarding $MYRG's Board composition. As per agreement terms, Favreau was designated by Engine Capital to replace Arnaud Ajdler who was previously designated as an Engine Capital appointee.

$CWT {{ '2017-07-24T11:11:47+0000' | timeago}} • Announcement

$CWT said Robert Kuta, VP of Engineering and Environmental Affairs for California Water Service, has joined the Bay Area Water Supply and Conservation Agency (BAWSCA) BoD.

$MTRX {{ '2017-07-19T12:16:55+0000' | timeago}} • Announcement

$MTRX appointed John Chandler and Martha Carnes as new independent members of its BoD. The Company also announced that long-time Board members Michael Hall and Edgar Hendrix will retire from the Board and not stand for re-election at the 2017 Annual Meeting after serving on the Board for 19 years and 17 years, respectively.

$MLM {{ '2017-06-26T11:57:41+0000' | timeago}} • Announcement

$MLM to acquire Bluegrass Materials Company for $1.625Bil in cash. $MLM expects annual run-rate cost savings of about $15MM from this acquisition. The company also expects the transaction to be accretive to EPS and cash flow in the first full year. The acquisition is expected to close in 4Q17.

$MLM {{ '2017-06-23T10:41:00+0000' | timeago}} • Announcement

Anne Lloyd to retire as $MLM's EVP and CFO, effective mid-August, 2017. The company's BoD has identified James Nickolas as Lloyd's successor, effective in mid-August. He will serve as SVP and CFO and will report to Howard Nye, Chairman, President and CEO of the company. Lloyd will remain with $MLM through Sept. 2017 to ensure a smooth transition.

$CLH {{ '2017-06-14T13:08:24+0000' | timeago}} • Announcement

$CLH commenced an offer to purchase for cash up to $400MM of its outstanding 5.25% Senior Notes due 2020. The tender offer will expire on July 12, 2017, unless extended.

$CVCO {{ '2017-06-13T17:40:39+0000' | timeago}} • Webcast

$CVCO said that from a lending and liquidity perspective, the company believes the things are getting better. The company added that it doesn't expect the securitization market to open up short term to manufactured housing loans.

$CVCO {{ '2017-06-13T17:25:37+0000' | timeago}} • Webcast

$CVCO expects the housing industry to grow going forward and is seeing industry growth in line with housing in general. The company is also optimistic for the future and anticipates the economy to grow, in turn benefiting the company.

$CVCO {{ '2017-06-12T20:28:20+0000' | timeago}} • Announcement

In 4Q17, $CVCO's Factory-built housing segment generated a net revenue of $184.46MM, while Financial Services posted a revenue of $13.54MM. Last year same quarter, these revenues were at $162.87MM and $14.43MM respectively.

$CVCO {{ '2017-06-12T20:24:56+0000' | timeago}} • Announcement

$CVCO's net revenue for 4Q17 totaled $198.0MM, up 11.7% from a year ago. Net income soared 55.7% to $10.9MM or $1.19 per diluted share, as growing market demand and government orders helped bump the results for the quarter.

$EME {{ '2017-06-01T18:39:11+0000' | timeago}} • Announcement

$EME announced the election of Carol P. Lowe to the company’s Board of Directors at its 2017 Annual Meeting of Stockholders. Ms. Lowe is the Senior Vice President and Chief Financial Officer of Sealed Air Corporation.

$CWT {{ '2017-06-01T13:42:04+0000' | timeago}} • Announcement

$CWT has completed the replacement of an aging water storage tank and installation of more than 4,500 feet of new water main in Los Altos Hills, to improve water supply reliability and fire protection for local customers. The new 125,500-gallon storage tank is expected to serve customers for the next 50 years.

$PWR {{ '2017-05-25T13:30:08+0000' | timeago}} • Announcement

$PWR's BoD authorized it to repurchase up to $300MM in shares of its outstanding common stock through June 30, 2020. The new repurchase program may be implemented through open market repurchases or privately negotiated transactions, at management's discretion.

$MLM {{ '2017-05-19T11:44:59+0000' | timeago}} • Announcement

$MLM BoD declared a regular quarterly cash dividend of $0.42 per share on the corporation's common stock. The dividend is payable June 30, 2017, to shareholders of record at the close of business on June 1, 2017.

$MLM {{ '2017-05-18T12:55:20+0000' | timeago}} • Announcement

$MLM's floating rate senior notes due 2020 will mature on May 22, 2020 and the fixed rate senior notes due 2027 will mature on June 1, 2027. Interest for floating rate notes will be paid quarterly in arrears on February 22, May 22, August 22 and November 22. Interest for fixed rate notes will be paid semiannually on June 1 and December 1.

$MLM {{ '2017-05-18T12:51:32+0000' | timeago}} • Announcement

$MLM has priced its offering of $300MM aggregate principal amount of floating rate senior notes due 2020 and $300MM aggregate principal amount of senior notes due 2027. The net proceeds will be used to refinance its existing floating rate notes and to repay debts outstanding. Closing of the offering is expected to occur on May 22, 2017.

$CLH {{ '2017-05-11T13:54:28+0000' | timeago}} • Announcement

$CLH agreed to acquire Lonestar West Inc. in an all-cash transaction valued at CAD $44.1MM. Lonestar shareholders will receive CAD $0.72 per share and $CLH will assume CAD $22.3MM in outstanding debt. $CLH expects the acquisition will be accretive in 2017. The deal will be accomplished through an amalgamation expected to close on July 14, 2017.

$MTRX {{ '2017-05-10T13:11:44+0000' | timeago}} • Announcement

$MTRX remains optimistic about the long-term performance of business and strategic vision. $MTRX is actively managing cost structure to meet current and future customer commitments as markets improve. Continued strong bidding activity and other key indicators all point to improving capital project and maintenance spending in FY18.

$MTRX {{ '2017-05-10T13:10:10+0000' | timeago}} • Announcement

Availability under $MTRX's credit facility of $106.8MM along with the company's cash balance of $39.7MM provided liquidity of $146.5MM at March 31, 2017, a decrease of $81.9MM since Dec. 31, 2016.  This reduction is primarily attributable to a capacity constraint triggered by the company's financial performance in the quarter.

$MTRX {{ '2017-05-10T13:07:54+0000' | timeago}} • Announcement

$MTRX slipped to a loss in 3Q17 from a profit last year, due to negative impact of major project in Electrical Infrastructure segment as well as lower volume in the Storage Solutions segment. Net loss was $13.82MM or $0.52 per share compared to a profit of $4.36MM or $0.16 per share last year. Revenue fell to $251.24MM from $309.42MM.

$AWK {{ '2017-05-04T15:43:33+0000' | timeago}} • Webcast

For its new headquarters in Camden, $AWK expects the cost of the building to be up to $165MM. The company said it will spend about $75MM in 2017 on the construction. Once the company moves to the new building, it will be eligible to receive up to 165MM in tax credits over a ten-year period. The building is slated for completion in late 2018.

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