Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News

News :

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
The feature you requested does not exist. However, we suggest the following feature:

Aecon : reports loss of $19.2 million, takeover deal still unresolved

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/26/2018 | 01:41am CEST

TORONTOAecon Group Inc. says it's focused on securing and completing projects while it continues to move forward with a proposed takeover by CCCC International Holding Ltd.

The engineering firm says it booked $910 million in new contract awards in the quarter ending March 31, compared to $836 million for the same period last year.

The company says it had a loss of $19.2 million, or 32 cents per share, in the quarter, compared to a loss of $18.3 million or 32 cents per share last year.

Aecon says it had a work backlog of $4.6 billion at the end of March, compared to $4.2 billion at the end of December.

Last October, the CCCC International Holding Ltd., of China made a $1.5-billion bid to acquire Aecon Group Inc., which has a long history of participation in Canadian construction and engineering projects such as the CN Tower, Vancouver's SkyTrain, the St. Lawrence Seaway and the Halifax shipyard.

At the end of March, Aecon extended until July 13 a self-imposed deadline to close the transaction as Ottawa continues its national security review of the deal.

© 2018 The Canadian Press. All rights reserved., source Canadian Press DataFile

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
01:41aAECON : reports loss of $19.2 million, takeover deal still unresolved
AQ
01:40aMexichem Reports First Quarter 2018 Results
BU
01:39aGlobal High-Temperature Coatings Market Trends, Drivers, Analysis & Forecasts 2018-2022 - ResearchAndMarkets.com
BU
01:39aKIRKLAND LAKE GOLD EXPANDS NEW HIGH-GRADE ZONE BELOW TAYLOR MINE, REPORTS MINERALIZED EXTENSIONS ALONG STRIKE AND AT DEPTH : Updated
GL
01:38aROBBINS ARROYO LLP : Myriad Genetics, Inc. (MYGN) Misled Shareholders According to a Recently Filed Class Action
BU
01:37aNEW GOLD : 1Q Earnings Snapshot
AQ
01:36aLITHIA MOTORS : has best first quarter ever
AQ
01:36aGlobal Secure Email Gateway Market Analysis, Trends & Growth, With Forecasts To 2022 - ResearchAndMarkets.com
BU
01:35aUS Construction Adhesive & Sealants Market to 2023 - Henkel Dominates, Followed by Arkema (Bostik), ITW, Mapei, and HB Fuller - ResearchAndMarkets.com
BU
01:34aOHIO POWER : Aep ohio's plan to enhance reliability and build a smarter grid approved by puco
PU
Latest news
Advertisement