Page 15 - Construction Systems News Today

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Arconic Co. (NYSE:ARNC – Get Rating) has been assigned a consensus recommendation of “Hold” from the seven analysts that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average 1 […]

Arconic (NYSE:ARNC – Get Rating) released its quarterly earnings data on Tuesday. The basic materials company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.04), MarketWatch Earnings reports. The business had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.30 billion. Arconic had a […]

Wall Street brokerages forecast that Arconic Co. (NYSE:ARNC – Get Rating) will report $2.29 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Arconic’s earnings. The highest sales estimate is $2.39 billion and the lowest is $2.19 billion. Arconic reported sales of $1.68 billion in the […]

Arconic (NYSE:ARNC – Get Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday, Zacks.com reports. According to Zacks, “Arconic Corporation is a provider of aluminum sheet, plate and extrusions, as well as architectural products to transportation, aerospace, industrial, packaging […]

Arconic (NYSE:ARNC – Get Rating) is scheduled to post its quarterly earnings results before the market opens on Tuesday, May 3rd. Analysts expect Arconic to post earnings of $0.43 per share for the quarter. Arconic has set its FY 2022 guidance at EPS. Arconic (NYSE:ARNC – Get Rating) last released its quarterly earnings data on […]

Zacks Investment Research upgraded shares of Sumitomo (OTCMKTS:SSUMY – Get Rating) from a hold rating to a strong-buy rating in a research note released on Saturday morning, Zacks.com reports. The brokerage currently has $19.00 price objective on the conglomerate’s stock. According to Zacks, “Sumitomo Corporation is engaged in multifaceted business activities. It operates as an […]

Sumitomo Co. (OTCMKTS:SSUMY – Get Rating) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 70,600 shares, an increase of 103.5% from the February 13th total of 34,700 shares. Based on an average daily volume of 97,500 shares, the short-interest […]

Suburban Real Estate Services, Inc. (“Plaintiff”) filed a legal malpractice suit against William Roger Carlson Jr. and his law firm, Carlson Partners, Ltd., (collectively “Defendants”)...

Through this MOU, Sumitomo Corporation and Keppel O&M will work on the implementation of ammonia bunkering in Singapore