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	<title>Stock Blog Hub &#187; IESC</title>
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		<title>(PWR) Quanta Services Underperforms</title>
		<link>http://www.stockbloghub.com/2011/05/06/pwr-quanta-services-underperforms/73438</link>
		<comments>http://www.stockbloghub.com/2011/05/06/pwr-quanta-services-underperforms/73438#comments</comments>
		<pubDate>Sat, 07 May 2011 01:12:11 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Contractors]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[EMCOR Group Inc.]]></category>
		<category><![CDATA[EME]]></category>
		<category><![CDATA[IESC]]></category>
		<category><![CDATA[Integrated Electrical Services Inc]]></category>
		<category><![CDATA[MYR Group Inc]]></category>
		<category><![CDATA[MYRG]]></category>
		<category><![CDATA[PWR]]></category>
		<category><![CDATA[Quanta Services Inc.]]></category>

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		<description><![CDATA[Quanta Services Inc. (PWR) reported first-quarter 2011 adjusted loss per share of 5 cents, below the Zacks Consensus Estimate of earnings per share of 3 cents and prior-year earnings per share of 15 cents. Total Revenue Total revenue for the quarter was $849.0 million compared with $748.3 million in the prior-year quarter. Consolidated backlog at the end of the quarter was $6.56 billion compared with $6.32 billion. Revenue for the quarter includes the impact of Valard Construction acquisition, completed on October 25, 2010. The company’s result in the quarter was greatly affected by delay in major projects due to issues related to attaining permit from government. Huge costs had incurred to comply with certain regulations led by difficult weather conditions. As a result of these as well as other circumstances, ]]></description>
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		<title>(PWR) Quanta Services Buys Price Gregory</title>
		<link>http://www.stockbloghub.com/2009/09/10/pwr-quanta-services-buys-price-gregory/14840</link>
		<comments>http://www.stockbloghub.com/2009/09/10/pwr-quanta-services-buys-price-gregory/14840#comments</comments>
		<pubDate>Thu, 10 Sep 2009 21:33:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Contractors]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[EMCOR Group Inc.]]></category>
		<category><![CDATA[EME]]></category>
		<category><![CDATA[IESC]]></category>
		<category><![CDATA[Integrated Electrical Services]]></category>
		<category><![CDATA[PWR]]></category>
		<category><![CDATA[Quanta Services Inc.]]></category>

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		<description><![CDATA[Quanta Services Inc. (PWR) recently agreed to acquire privately held Price Gregory Services Inc., a leading natural gas and oil transmission pipeline infrastructure service provider in North America, in a cash and stock transaction valued at about $350 million. According to the deal Quanta will issue approximately 11.1 million shares of common stock worth $250 million, and will pay nearly $100 million in cash, subject to adjustment, to Price Gregory shareholders. Price Gregory is a leading energy infrastructure services provider of its kind, specializing in the construction of large diameter transmission pipelines. Building on Quanta’s strength in electric power business, this acquisition strongly positions the company as a leader in the North American energy transmission infrastructure market and will help it to take advantage of the positive long-term outlook for ]]></description>
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