$MTRX (Matrix Service Company)

$MTRX {{ '2016-08-31T14:59:44+0000' | timeago}} • Webcast

Engineering services provider $MTRX said it began FY16 with a record level of backlog and while the business was impacted by significant variability in the commodity markets and an unexpected client bankruptcy, it delivered solid results for the year. For FY17, the opening backlog represents more than 60% of anticipated FY17 revenue.

$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.

$AES {{ '2017-07-17T21:30:02+0000' | timeago}} • Announcement

$AES declared a quarterly common stock dividend of $0.12 per share payable on August 17, 2017, to shareholders of record on August 3, 2017.

$AES {{ '2017-07-05T13:02:24+0000' | timeago}} • Announcement

$AES has closed $2Bil in long-term, non-recourse financing for its 1,384MW Southland repowering project. The financing consists $1,475MM of senior secured notes amortizing through 2040 and $492MM senior secured term loan amortizing through 2027. $AES will contribute about $350MM in equity to finance the balance of the total project cost of $2.3Bil.

$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.

$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.

$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.

$AES {{ '2017-05-24T20:49:22+0000' | timeago}} • Announcement

$AES entered into a credit agreement that provides for borrowings in an aggregate principal amount of up to $525MM. The proceeds of the facility will be used to redeem its $3.375 term convertible securities, Series C and for general corporate purposes.

$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.

$TISI {{ '2017-05-10T10:44:39+0000' | timeago}} • Announcement

$TISI reported a wider 1Q17 loss due to higher costs and expenses. Net loss widened to $9.51MM or $0.32 per share from $6.43MM or $0.27 per share last year. Revenue grew to $286.55MM from $250.85MM, on the current quarter realizing the full contribution of Furmanite. Adjusted loss per share steepened to $0.24 from $0.01.

$AES {{ '2017-05-08T14:44:29+0000' | timeago}} • Webcast

$AES stated the sale of coal-fired generation accounts for about $30-40MM of the $50MM drop in EBITDA guidance. The drop also includes updated non-bypassable fees of $105MM, which was slightly higher than the company's expectation.

$AES {{ '2017-05-08T14:35:38+0000' | timeago}} • Webcast

With regards to the business conditions in Brazil, $AES said that it expects demand to pick up slightly this year. The company is modestly optimistic about Brazil and expects gradual oil recovery there. $AES added that its Eletropaulo utility in Brazil has been listed now and it continues to make improvements operationally.

$AES {{ '2017-05-08T10:54:15+0000' | timeago}} • Announcement

$AES reaffirmed its expectations through 2020 for adjusted EPS of 8-10% growth off mid-point of 2016 guidance and for free cash flow of 8-10% growth off mid-point of 2016 projection. The company's expectations through 2020 are based on foreign currency and commodity forward curves as of Dec. 31, 2016.

Recent Transcripts

LAYN (Layne Christensen Company)
Friday, June 9 2017 - 1:00pm
RGSE (Real Goods Solar, Inc.)
Wednesday, May 10 2017 - 8:30pm
MTRX (Matrix Service Company)
Wednesday, May 10 2017 - 2:30pm
TISI (Team, Inc.)
Wednesday, May 10 2017 - 1:00pm
BBOX (Black Box Corporation)
Tuesday, May 9 2017 - 9:00pm
SAND (Sandstorm Gold Ltd.)
Tuesday, May 9 2017 - 3:30pm
CBI (Chicago Bridge & Iron Company N.V.)
Monday, May 8 2017 - 9:00pm
AES (The AES Corporation)
Monday, May 8 2017 - 1:00pm
MTZ (MasTec, Inc.)
Friday, May 5 2017 - 1:00pm
TGB (Taseko Mines Ltd.)
Thursday, May 4 2017 - 3:00pm
PWR (Quanta Services, Inc.)
Thursday, May 4 2017 - 1:00pm
RIC (Richmont Mines Inc.)
Thursday, May 4 2017 - 12:30pm
GLDD (Great Lakes Dredge & Dock Corporation)
Wednesday, May 3 2017 - 2:00pm
WG (Willbros Group Inc.)
Wednesday, May 3 2017 - 2:00pm
CLH (Clean Harbors, Inc.)
Wednesday, May 3 2017 - 1:00pm
MLM (Martin Marietta Materials, Inc.)
Tuesday, May 2 2017 - 3:00pm
AMRC (Ameresco, Inc.)
Tuesday, May 2 2017 - 12:30pm
FIX (Comfort Systems USA Inc.)
Thursday, April 27 2017 - 3:30pm
EME (EMCOR Group Inc.)
Thursday, April 27 2017 - 2:30pm
LAYN (Layne Christensen Company)
Tuesday, April 11 2017 - 1:00pm

AlphaGraphics you may like