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

RTTNews | 29 days ago
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
TSX Ends Marginally Down

TSX Ends Marginally Down

The Canadian market ended marginally down on Friday after moving in a very narrow range below the flat line, as investors remained reluctant to pick up stocks amid a lack of significant triggers.
RTTNews | 1 day ago
Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

The Switzerland market ended notably lower on Friday with stocks reeling under pressure right through the day's session amid concerns about the outlook for global economic growth.
RTTNews | 1 day ago
Canadian Stocks Turning In Mixed Performance; TSX Down Marginally

Canadian Stocks Turning In Mixed Performance; TSX Down Marginally

The Canadian market is down in negative territory on Friday with stocks turning in a mixed performance as investors digest the latest batch of economic data from Canada and the U.S., and assessing the likely interest rate moves by the Federal Reserve.
RTTNews | 1 day ago
U.S. Dollar Advances Following Strong PMI Data

U.S. Dollar Advances Following Strong PMI Data

The U.S. dollar was higher against its major counterparts in the New York session on Friday, as the nation's private sector activity accelerated in June, marking the highest level since April 2022.
RTTNews | 1 day ago
U.S. Leading Economic Index Falls More Than Expected In May

U.S. Leading Economic Index Falls More Than Expected In May

A report released by the Conference Board on Friday showed its reading on leading U.S. economic indicators fell by more than expected in the month of May. The Conference Board said its leading economic index decreased by 0.5 percent in May following a 0.6 percent decline in April. Economist had expected the index to dip by 0.3 percent.
RTTNews | 1 day ago
U.S. Existing Home Sales Decrease Roughly In Line With Estimates In May

U.S. Existing Home Sales Decrease Roughly In Line With Estimates In May

The National Association of Realtors released a report on Friday showing existing home sales in the U.S. decreased roughly in line with economist estimates in the month of May. The report said existing home sales slid 0.7 percent to an annual rate of 4.11 million in May after tumbling by 1.9 percent to an annual rate of 4.14 million.
RTTNews | 1 day ago