Ferrovial Awarded $1.2 Bln In Construction And Maintenance Contracts In US And Canada

RTTNews | Před 488 dny
Ferrovial Awarded $1.2 Bln In Construction And Maintenance Contracts In US And Canada

(RTTNews) - Infrastructure company Ferrovial SE (FRRVY.PK, FRRVF.PK) announced Friday that through its construction subsidiary Webber, it was awarded nine new contracts totaling $1.2 billion for construction and maintenance projects in the U.S. and Canada. The work includes roadway improvements, bridge construction, expansion of water treatment plants, and road maintenance.

Ferrovial secured its first contract in Tennessee, expanding its presence in the U.S., the company's largest market.

Ferrovial acquired Houston-based construction company Webber in 2005. Over the past 20 years, the company has grown to improve roads, bridges and water infrastructure across more than 10 states in the U.S.

read more
Bay Street Likely To Open Slightly Higher

Bay Street Likely To Open Slightly Higher

Modestly higher futures point to a slightly positive start for the Canadian market on Wednesday. However, uncertainty about further interest rate cuts by the Fed this year, and worries about valuations may render the mood cautious and limit market's upside.
RTTNews | Před 1 h 5 min
U.S. Dollar Extends Rise Amid Fed Chair Powell Comments

U.S. Dollar Extends Rise Amid Fed Chair Powell Comments

The U.S. dollar continued to be strong against other major currencies in the European session on Wednesday, weighed down by Federal Reserve Chairman Jerome Powell's comments that equity prices are fairly highly valued by many measures.
RTTNews | Před 1 h 22 min
FTSE 100 Modestly Lower In Cautious Trade

FTSE 100 Modestly Lower In Cautious Trade

U.K. stocks are turning in a mixed performance in cautious trade on Wednesday. Uncertainty about Fed interest rate outlook, and on comments from Fed Chair Jerome Powell's warning that equity valuations are stretched.
RTTNews | Před 1 h 43 min
Sensex, Nifty Extend Declines For Fourth Day

Sensex, Nifty Extend Declines For Fourth Day

Indian shares ended lower for a fourth day running on Wednesday, with trade-related concerns, rising oil prices and continued selling by foreign investors keeping investors on edge.
RTTNews | Před 2 h 58 min
German Ifo Business Confidence At 4-Month Low

German Ifo Business Confidence At 4-Month Low

German business sentiment weakened to a four-month low in September as prospects of an economic recovery suffered a setback, monthly survey results from the Munich-based ifo Institute showed Wednesday. The business climate index fell unexpectedly to 87.7 in September from 88.9 in the previous month. The score was seen at 89.3.
RTTNews | Před 3 h 17 min