
Tutor Perini Building Corp. Awarded $220 Million Eagle Mountain Casino Phase 2 Expansion
Work is expected to commence in the summer of 2025 with substantial completion anticipated in 2027. The contract value is being incrementally added to the Company's backlog, beginning with the preconstruction phase award that was booked in the second quarter of 2025 and later this year as subsequent construction phases are anticipated to be awarded by the customer.
About Tutor Perini Corporation
Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private customers and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large, complex projects on time and within budget while adhering to strict safety and quality control measures. We offer general contracting, pre-construction planning and comprehensive project management services, and have strong expertise in delivering design-bid-build, design-build, construction management, and public-private partnership (P3) projects. We often self-perform multiple project components, including earthwork, excavation, concrete forming and placement, steel erection, electrical, mechanical, plumbing, heating, ventilation and air conditioning (HVAC), and fire protection.

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I use Wise for converting funds from U.S. dollars to Canadian dollars and other currencies. I've never used them for transferring money to other people, but I've never been disappointed with the service they provide, so I'm confident it's taking business away from Western Union. I'm sure other fintechs are too. Its best days are behind it. In late May, Barchart contributor Zacks Investment Research suggested that Western Union's stock was worthy of investor interest because of its high dividend yield. It's currently nearly 11%. However, in addition to its attractive dividend yield, Zacks pointed out several risks to watch out for, one of which was its high total debt-to-capital ratio of 74.8% as of Q1 2025. Breaking that down, it had $2.79 billion in total debt as of March 31 and $939.4 million in common equity, totalling $3.73 billion in capital. While that's high, Western Union's total debt-to-capital ratio of 74.8% is the lowest it has been since 2015, when it was 69.6%. 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As a result, revenue from Branded Digital rose 8% year-over-year. Over the past five years, the company's goal was to reduce $150 million in expenses from its annual budget. It's achieved all but $10 million of it as of the first quarter. It will get the $10 million in the remainder of 2025. As a result, it expects to generate $4.17 billion in revenue in 2025, at the midpoint of its guidance, with a 20% operating margin, and $1.80 in earnings per share. Trading at $8.67 as I write this, it has a forward P/E multiple of just 4.8x. There aren't too many stocks on the NYSE with a P/E multiple this low. Should you put 100% of your investment portfolio in WU stock as one fellow did to great success with Palantir Technologies (PLTR)? That would be a hard NO. 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