February 21, 2013 at 15:42 PM EST
Quanta Built Momentum In Q4 Amid Oil Industry Rally
Shares of construction company Quanta Services (PWR) initially fell even though it reported excellent fourth-quarter earnings Tuesday morning. The company cautioned in its earnings release that "regulatory and permitting challenges may impact project timing. Therefore, Quanta's financial outlook for revenues and margins reflects management's efforts to properly align these uncertainties... ." But investors took note that Quanta easily topped
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