Aecon Group Inc.
News and overview for Aecon Group Inc.
Suncor awards Aecon Firebag contract
Edmonton Journal (Canada), The | 8 days 13 hours 9 minutes ago
EDMONTON Hot on the heels of Suncor restarting work on its Firebag 3 oilsands project, Aecon Group said Monday it has been awarded a key contract at the Fort McMurray site. This contract is one of the largest in the history of the industrial group and signifies for us that work in the oilsands is beginning to ramp-up once again, Paul Koenderman, Aecon executive vice-president, said in a news release.
UPDATE 1-Aecon shares surge on oil sands contract win
Reuters | 8 days 13 hours 57 minutes ago
VANCOUVER, British Columbia , Nov 16 (Reuters) - Shares in Aecon Group Inc (ARE.TO) surged as much as 8 percent to a new year high on Monday after the construction company said it had been awarded one of its biggest contracts yet in Canada's oil sands.
EYE ON EQUITIES / STOCKS THAT SHOULD BE ON YOUR RADAR SCREEN
Globe and Mail (Toronto), The | 7 days 23 hours 59 minutes ago
Aecon Group Inc. (ARE-TSX) Yesterday's close $13.54, up 36 cents Aecon Group Inc., a construction and infrastructure development company, has been awarded a field construction contract by Suncor Energy Inc. The contract size, which is estimated at about $150-to-200-million, indicates "continued momentum" in this play, says Canaccord Adams analyst Yuri Lynk. Upside: The analyst has a "buy" rating on Aecon with a one-year target of 15.
Canada Hot Stocks: Aecon, Westport, Equinox, Capstone
Wall Street Journal, The | 8 days 15 hours 59 minutes ago
Among the companies whose shares are making notable moves in Monday's session are Aecon Group Inc. (ARE.T), Westport Innovations Inc. (WPT.T), Equinox Minerals Ltd. (EQN.T) and Capstone Mining Corp. (CS.T).
Canada Hot Stocks: Magna, OPTI, HudBay, Aecon
Wall Street Journal, The | 20 days 16 hours 14 minutes ago
Among the companies whose shares are making notable moves in Wednesday's session are Magna International Inc. (MGA), OPTI Canada Inc. (OPC.T), HudBay Minerals Inc. (HBM.T) and Aecon Group Inc. (ARE.T).
Canaccord Adams hosts 29th Annual Global Growth Conference: August 11-13, 2009: Boston [Press Release]
PRNewswire | 110 days 12 hours 24 minutes ago
- Investor conference features 240 small and mid-cap companies in six sectors - - 50+ next-generation companies will present at the Private Company Showcase - - Knowledge sessions will feature key topics in targeted coverage areas -
Aecon, Entree Gold, Peak Energy, Pengrowth, Potash: Canada Equity Preview
Bloomberg | 39 days 18 hours 15 minutes ago
Oct. 16 (Bloomberg) -- Shares of the following companies may have unusual moves in Canadian trading. Stock symbols are in parentheses.
BRIEF-Aecon Industrial awarded key oilsands contract
Forbes | 8 days 20 hours 25 minutes ago
Nov 16 (Reuters) - Aecon Group Inc: * Says workforce for this project is expected to peak at 600 personnel Article Controlsemail
Stocks open weak on revised U.S. GDP numbers
Toronto Star, The | 16 hours 48 minutes ago
North American stock markets got off to a weak start Tuesday after data showed weaker than expected economic growth in the U.S. during the third quarter.
Stocks lower on revised U.S. GDP numbers
Toronto Star, The | 14 hours 41 minutes ago
The Toronto stock market moved lower Tuesday morning despite a solid earnings report from Bank of Montreal after fresh data showed the U.S. economy grew at a slower pace than expected during the third quarter.
BRIEF-Aecon says awarded two contracts totaling $125 mln for Regina refinery
Forbes | 18 days 20 hours 22 minutes ago
Nov 6 (Reuters) - Aecon Group Inc: * Awarded two contracts totaling $125 million to modify Regina refinery Article Controlsemail
The top 100 companies
Canada.com | 36 days 6 hours 19 minutes ago
Adobe Systems Canada Inc. Ottawa, ON, develops industry-leading graphics and desktop publishing software
Canada Hot Stocks: Magna, Cascades, Churchill Corp.
Wall Street Journal, The | 18 days 12 hours 7 minutes ago
Among the companies whose shares are making notable moves in Friday's session are Magna International Inc. (MGA), Cascades Inc. (CAS.T) and Churchill Corp. (CUQ.T).
Gov't picks Road 6 option sale advisors
Globes (Israel) | 16 days 16 hours 44 minutes ago
The government has taken a step forward in the sale of its option to buy 49% of Road 6 (the Yitzhak Rabin Highway, also known as the Cross-Israel Highway). Sources inform ''Globes'' that BDO Ziv Haft senior partner Shahar Ziv and Pinchas Shmueli, as well as Kuti Gavish CPA have been chosen to advise the Ministry of Finance on the sale process.
Treasury seeks Road 6 exit
Globes (Israel) | 21 days 34 minutes ago
Sources inform ''Globes'' that the Ministry of Finance is speeding up negotiations to sell its right to dividends from toll road Road 6 (the Yitzhak Rabin Highway, also known as the Cross-Israel Highway) franchisee
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Company Overview
| Company: | Aecon Group Inc. |
|---|---|
| Industry: | Commercial & Heavy Construction |
| Website: | http://www.aecon.com |
Aecon Group is both public and private about its day-to-day business. The company provides construction services for infrastructure projects including roads, bridges, tunnels, airports, and utilities. Through its Buildings segment, Aecon is active in the construction and renovation of commercial, retail, institutional, hospitality, and multifamily residential properties. Industrial operations range from fabricating specialty pipe to designing and manufacturing steam generators. The group also manages public-private partnership and other alternatively financed infrastructure projects. Canada accounts for about 90% of Aecon's revenues.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,535 (2008) |
|---|---|
| One-year % Growth in Sales | 1.0 (2008) |
| Net Income in U.S. Dollars (mil.) | 48.5 (2008) |
| One-year % Growth in Net Income | -1.3 (2008) |
| Number of Employees | 4,557 (2008) |
| One-year % Growth in Number of Employees | 46.1 (2008) |
| Fiscal Year-End | December |