Equity Research on Chicago Bridge & Iron Company N.V. and Quanta Services Inc. - General Contractors Looking Strong Despite Headwinds
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 05/01/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the General Contractors industry and are offering free analytical research on (NYSE: CBI) and (NYSE: PWR). Register with us today at to have free access to these research reports.
For companies in the general contractors industry, such as Chicago Bridge & Iron Company N.V. and Quanta Services Inc., the struggling economy continues to weigh heavily. A report from the Associated General Contractors of America showed that 36 states witnessed a decline in construction jobs in March. However, construction job numbers were marginally better when compared year-over-year. Get your free reports on and at . There is no commitment to join.
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Although the housing market and infrastructure projects have yet to really pick up, some companies have managed to land significant contracts and produce solid quarterly results. Chicago Bridge & Iron saw its 1st quarter income rise to $59.5 million as compared to $50.5 million in the year ago quarter. The company also managed to increase its revenue from $954.3 million to $1.2 billion over the same comparable period. report is accessible for free by registering today at .
Quanta Services, which will release its 1st quarter results on May 3rd, has also been performing well. The company, through one of its subsidiaries, has won contracts for two solar tracking facilities. report is accessible for free by registering today at .
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