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Primoris Services Gets $270 Mln Solar Project Award
(RTTNews) - Primoris Services Corp. (PRIM) announced Tuesday a solar project award with an estimated value of $270 million. The contract was secured by the Company's Energy/Renewables Segment.
The award is for the engineering, procurement, and construction of a utility-scale solar facility in the Southwest, adding approximately 500 megawatts to over 3,900 megawatts of solar power projects which Primoris currently has under construction.
The initial project construction will begin in the fourth quarter of 2022 with completion of the project expected in the fourth quarter of 2023.
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Primoris Services To Buy PLH Group In Deal Valued At $470 Mln Cash
Primoris Services Corp. (PRIM) announced Monday that it has entered into a definitive merger agreement to acquire PLH Group, Inc. in an all-cash transaction valued at $470 million.
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1165 days ago
Japan Household Spending Data Due On Friday
Japan will on Friday release July figures for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to rise 1.3 percent on month and 2.2 percent on year after sinking 5.2 percent on month and climbing 1.3 percent on year in June.
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11 minutes ago
Swiss Franc Falls Against Majors
The Swiss franc dropped against its major counterparts in the New York session on Thursday.
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1h 28min ago
Canadian Market Looks Headed For Another Positive Close
The Canadian market is firmly placed in positive territory Thursday afternoon, thanks largely to a fine performance by several technology stocks, and a few frontline stocks from consumer discretionary, real estate, communications and financials sectors.
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4h 2min ago
Swiss Market Closes On Buoyant Note
The Switzerland market closed on a strong note on Thursday, in line with most of the markets across Europe, amid rising expectations of a rate cut by the Federal Reserve, and easing concerns about tariffs.
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4h 37min ago
European Stocks Close Higher Ahead Of Crucial U.S. Jobs Data
European stocks closed mostly higher on Thursday, with most of the markets in the region gaining for a second straight day amid cooling bond markets. Still, the mood in the markets remained a bit cautious with investors looking ahead to crucial U.S. non-farm payroll data on Friday.
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5h 12min ago
U.S. Services Index Climbs To Six-Month High In August
Service sector growth in the U.S. accelerated by more than anticipated in the month of August, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI rose to 52.0 in August from 50.1 in July, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.
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7h 39min ago
U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated
A report released by the Labor Department on Thursday showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025. The Labor Department said labor productivity shot up by 3.3 percent in the second quarter compared to the previously reported 2.4 percent jump. Economists had expected the increase in labor productivity to be unrevised.
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7h 57min ago
