Opening Glance: Construction, engineering rise Shares of construction and engineering companies opened mostly higher Tuesday alongside the broader markets after Federal Reserve Chairman Ben Bernanke said the economy will improve later in the year, but indicated the Fed intends to leave interest rates unchanged. 03 Jun 2008
152.
United Rentals expects to book $14M charge in 2Q United Rentals Inc. expects to book a $14 million second-quarter charge related to a Securities and Exchange Commission probe into the equipment rental company's past accounting practices, according to a regulatory filing Tuesday. 03 Jun 2008
153.
Sherwin-Williams cuts 2nd-quarter, 2008 view Paint-maker The Sherwin-Williams Co. on Tuesday cut its second-quarter and 2008 guidance due to weak demand and higher raw material and other costs. The Cleveland-based company now expects sales to be "slightly lower" than the $8 billion from 2007. Its previous outlook in April was for a low-single-digit percentage increase. 03 Jun 2008
154.
Affiliated Computer Services completes TMS buy Affiliated Computer Services Inc. said Tuesday it completed its $42 million purchase of Transportation Management Systems, which provides GPS-based fleet management systems. 03 Jun 2008
155.
Schawk expects 1st-quarter revenue to decline Schawk Inc., a provider of digital imaging services, expects first-quarter revenue will fall 2 percent to 3 percent, according to a filing with the Securities and Exchange Commission. 03 Jun 2008
156.
CSX holds earnings forecast in shareholder letter Railroad operator CSX Corp. on Tuesday reaffirmed its earnings growth predictions through 2010 as it again urged shareholders to fight a board takeover by two activist hedge funds. 03 Jun 2008
157.
Jacobs Engineering gets Italian contract Construction-services provider Jacobs Engineering Group Inc. said Tuesday it received a contract from Italian banking group Intesa Sanpaolo SpA to provide project and construction management services for a new head office in Turin, Italy. 03 Jun 2008
158.
Jacobs Engineering gets contract ceiling increase Construction-services provider Jacobs Engineering Group Inc. said Tuesday it received a $100 million ceiling increase to its contract with the U.S. Special Operations Command, making the total contract worth up to $400 million. 03 Jun 2008
159.
Emcor unit wins fire system installation contract Electrical and mechanical construction company Emcor Group Inc. said Tuesday its Dynalectric Michigan unit has been awarded a contract to design and install fire alarm and detection systems in the University of Michigan's new Mott Children's and Women's Hospital. 03 Jun 2008
160.
Danaher raises low end of 2Q earnings outlook Diversified manufacturer Danaher Corp. on Tuesday raised the lower end of the predicted range of its second-quarter adjusted earnings per share. Danaher now expects adjusted earnings per share in a range of $1.04 to $1.07. Earlier it forecast adjusted earnings of $1.02 to $1.07 per share. 03 Jun 2008