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Donald Smith & Co (Trades, Portfolio)., a firm known for its value investing approach, has recently increased its stake in Tutor Perini Corp (NYSE:TPC), a prominent player in the construction industry. The firm's investment philosophy is deeply rooted in a bottom-up, deep-value approach, focusing on out-of-favor companies trading at discounts to tangible book value.
Although the stock markets overall enjoyed a banner year in 2023 – the S&P 500 was up 24% – Valley-area stocks, with a few notable exceptions, had a far more modest year.
Owen Steel Company Inc. has accused Tutor Perini / Parsons JV of professional negligence and demanded $4 million to pay for cost overruns on the $1.4 billion Newark Liberty International Airport redevelopment project.
10 years ago July 3, 2013 Fireworks were set to return to the valley after being cancelled the previous year, the Vail Daily reported. “Fireworks are a big draw for Salute to the USA, as...
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