Empresas ICA SA (ADR) (NYSE:ICA):Signs 1,139 million pesos contract with la Comision Nacional de Agua (Conagua).Contract is to construct Tunel Canal General in Valle de Chalco.Contract for a period of 38 months.Project is an integral part of the long term plan of Conagua to prevent flooding in the area of Mexico City.Construction includes excavation with EPB machine, manufacture, supply and placement of segments, placing final lining and coating as well as the construction of four ports of 12 m in diameter with average depths of 25 m. Empresas ICA SA (ADR) (NYSE:ICA) shares after opening at $6.50 on last trade day and at the end of the day closed at $6.16. Company price to sales ratio in past twelve months was calculated as 0.31 and price to cash ratio as 3.31. Empresas ICA SA (ADR) (NYSE:ICA) showed a negative weekly performance of -14.44%.
Feb. 18, 2014 — India Globalization Capital, Inc. (NYSE:IGC), a holding company currently competing in the metals and minerals industry in India and China, announced financial results for the quarter ended December 31, 2013. Total revenue was $17,529 for the three months ended December 31, 2013 as compared to $3,933,906 for the three months ended December 31, 2012. The revenue reported for the December quarter ended 2012 was primarily from trading of iron ore. During the December 2013 quarter, however, the Company focused on beneficiation of iron ore. As part of this transition plan, we diverted all our resources to the beneficiation efforts and away from trading iron ore. We have two processes for producing high-grade iron ore. The first is a dry process that magnetically separates iron ore from residue, and the second is a wet beneficiation process that further separates iron ore from washed residue. During the December quarter, we ran the dry process for the majority of the quarter to accumulate output of the dry processor to form a significant base inventory. India Globalization Capital, Inc. (NYSEMKT:IGC) shares after opening at $0.77 on last trade day and at the end of the day closed at $0.740. Company price to sales ratio in past twelve months was calculated as 1.51 and price to cash ratio as 14.31. India Globalization Capital, Inc. (NYSEMKT:IGC) showed a negative weekly performance of -13.95%.
Shares of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)have gone up 2% since it reported its fourth-quarter and full-year 2013 earnings on Jan 25. 2013 earnings per share of 33 cents, increased three fold from the year-ago earnings of 11 cents, in line with the Zacks Consensus Estimate. The dredging services provider reported earnings per share of 8 cents in the fourth quarter, down 11% from 9 cents in the year-ago quarter, but ahead of the Zacks Consensus Estimate of 6 cents per share. Sales increased 13% year over year to $216 million in the quarter, ahead of the Zacks Consensus Estimate of $202 million. The improvement was mainly driven by the Terra Contracting acquisition. Dredging revenues decreased 7% to $177 million, due to lower domestic capital revenues, which offset higher coastal protection revenues. Environmental & remediation segment’s revenues were at $41.6 million compared with a minimal $0.06 million in the year ago quarter due to the acquisition of Terra Contracting at the end of 2012. Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) shares moved down -0.45%in last trading session and was closed at $8.93, while trading in range of $8.86 – $9.03. Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) year to date (YTD) performance is -2.93%.
MasTec (NYSE:MTZ) had its target price boosted by Maxim Group from $42.00 to $48.00 in a report issued on Monday, Analyst Ratings Net reports. They currently have a buy rating on the stock. MasTec, Inc. (NYSE:MTZ) weekly performance is 787%. On last trading day company shares ended up $41.57. MasTec, Inc. (NYSE:MTZ) distance from 50-day simple moving average (SMA50) is 757%.