Welcome to our dedicated page for Tutor Perini news (Ticker: TPC), a resource for investors and traders seeking the latest updates and insights on Tutor Perini stock.
Tutor Perini Corporation reports recurring developments across civil, building and specialty construction. The company provides general contracting, design-build, pre-construction planning and project management services for private customers and public agencies, with work spanning transportation infrastructure, government facilities, water systems, buildings and public-private partnership projects.
Company updates commonly address operating results, segment revenue, backlog, project execution, new awards and change orders, including work tied to transit, federal facilities, energy resilience and utility infrastructure. News also includes capital-return actions such as quarterly cash dividends and share repurchase authorizations, along with earnings-call announcements and guidance commentary.
Tutor Perini Corporation (NYSE: TPC) will host a conference call on November 4, 2020, at 2:00 PM PT to discuss its Q3 2020 results. The call will feature Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive VP and CFO. An earnings announcement will precede the call, released after market close on the same day. Participants can join by dialing 877-407-8293 or +1-201-689-8349 for international calls. The call will be available via webcast on Tutor Perini's website, including a replay for those unable to attend live.
Tutor Perini Corporation (NYSE: TPC) announced receiving a partial final arbitration award of approximately $23.6 million against Gary Segal, the former owner, president, and CEO of Five Star Electric Corporation, on September 28, 2020. The arbitrator determined Mr. Segal breached his employment agreement and fiduciary duties. As the prevailing party, Tutor Perini will seek recovery of attorneys’ fees and interest. This matter will now advance to the final phase of arbitration.