financetom
Business
financetom
/
Business
/
Sterling Infrastructure Completes Acquisition of CEC Facilities
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sterling Infrastructure Completes Acquisition of CEC Facilities
Sep 2, 2025 6:29 AM

09:05 AM EDT, 09/02/2025 (MT Newswires) -- Sterling Infrastructure ( STRL ) said Tuesday it has completed its previously announced acquisition of CEC Facilities, a specialty electrical and mechanical contractor.

CEC will join Sterling's e-infrastructure solutions segment and is estimated to generate adjusted EPS of about $0.22 to $0.24 on revenue of $130 million to $138 million in the remainder of 2025.

Shares of the company were down 3% in recent premarket activity Tuesday.

Price: 270.13, Change: -8.40, Percent Change: -3.02

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CleanCore Solutions Surpasses 500 Million Dogecoin in its Treasury Accumulation Plan
CleanCore Solutions Surpasses 500 Million Dogecoin in its Treasury Accumulation Plan
Sep 11, 2025
05:54 PM EDT, 09/11/2025 (MT Newswires) -- CleanCore Solutions ( ZONE ) said late Thursday that it has accumulated over 500 million Dogecoin under its strategic treasury plan, hitting the halfway point of its 1 billion targets within 30 days. The company aims to acquire up to 5% of Dogecoin's circulating supply, establishing itself as a leading digital asset treasury...
Salesforce Insider Sold Shares Worth $554,976, According to a Recent SEC Filing
Salesforce Insider Sold Shares Worth $554,976, According to a Recent SEC Filing
Sep 11, 2025
05:56 PM EDT, 09/11/2025 (MT Newswires) -- Marc Benioff, Director, Chair and CEO, on September 10, 2025, sold 2,250 shares in Salesforce ( CRM ) for $554,976. Following the Form 4 filing with the SEC, Benioff has control over a total of 22,018,571 common shares of the company, with 11,911,571 shares held directly and 10,107,000 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1108524/000110852425000105/xslF345X05/form4.xml...
Centessa Pharmaceuticals Insider Sold Shares Worth $1,045,840, According to a Recent SEC Filing
Centessa Pharmaceuticals Insider Sold Shares Worth $1,045,840, According to a Recent SEC Filing
Sep 11, 2025
05:57 PM EDT, 09/11/2025 (MT Newswires) -- Tia L Bush, Chief Technology & Quality Officer, on September 09, 2025, sold 49,792 shares in Centessa Pharmaceuticals ( CNTA ) for $1,045,840. Following the Form 4 filing with the SEC, Bush has control over a total of 121,503 ordinary shares of the company, with 121,503 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1847903/000147083125000192/xslF345X05/wk-form4_1757627452.xml ...
Rent The Runway Stock Crashes After Q2 Report: Details
Rent The Runway Stock Crashes After Q2 Report: Details
Sep 11, 2025
Rent The Runway, Inc. ( RENT ) stock plunged after the released its second-quarter results after Thursday's closing bell. Here's a look at the details in the report.  RENT stock is plunging. See the real-time price action here. The Details: Rent the Runway reported wider-than-expected quarterly losses of $6.55 per share, compared to the analyst estimate for losses of $5.48. Quarterly revenue...
Copyright 2023-2026 - www.financetom.com All Rights Reserved