Tetra Tech Inc
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Industrials : Commercial Services & Supplies | Mid Cap GrowthCompany profile

Tetra Tech, Inc. is a provider of consulting, engineering, program management, construction management, and technical services. The Company's segments include Water, Environment and Infrastructure (WEI), Resource Management and Energy (RME), and Remediation and Construction Management (RCM). The WEI segment provides consulting and engineering services. The RME segment provides consulting and engineering services across the world for a range of resource management and energy needs. The Company includes wind-down of its non-core construction activities in the RCM segment. Its solutions span the entire life cycle of consulting and engineering projects and include applied science, research and technology, engineering, design, construction management, operations and maintenance, and information technology. It provides its services to a diverse base of international, the United States commercial, the United Sates federal clients.

Premarket

Last Trade
Delayed
$88.35
0.00 (0.00%)
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Market Hours

Closing Price
$88.35
Day's Change
0.00 (0.00%)
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Volume
(Light)
Volume:
4

10-day average volume:
246,509
4

GE offers to buy back up to $5 billion worth of debt

9:28 am ET September 12, 2019 (MarketWatch)
Print

General Electric Co. (GE) announced Thursday a tender offer to buy back up to $5 billion worth of its existing debt. The repurchase includes up to $2.5 billion for U.S. dollar-denominated debt and up to $2.5 billion of euro-denominated debt. The industrial conglomerate said it will continue to evaluate potential deleveraging actions, including pension funding and intercompany loan repayment from GE to GE Capital. The dollar-denominated debt subject to the tender offer include 2.700% notes due 2022, 3.375% notes due 2024, 4.125% notes due 2042 and 4.500% notes due 2044. GE's stock, which rose 0.6% in premarket trading, has lost 9.0% over the past three months but has gained 28.6% year to date, while the Dow Jones Industrial Average has tacked on 4.4% over the past three months and rallied 16.3% this year.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 12, 2019 09:28 ET (13:28 GMT)

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