Quanta Services is a contracting services company, delivering end-to-end network services to the electric power, gas, telecommunications and cable television industries. Co. also provides ancillary...
HAMILTON, Bermuda -- Quanta Capital Holdings Ltd. (NASDAQ: QNTA) announced today that it has entered into a definitive amalgamation agreement with Catalina Holdings Bermuda Ltd. and Catalina Alpha Ltd. Pursuant to the amalgamation agreement, Catalina will acquire Quanta in a transaction valued at approximately $197 million. At the closing of...
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HAMILTON, Bermuda -- Quanta Capital Holdings Ltd. (NASDAQ: QNTA) today announced that its Board of Directors has named Peter D. Johnson, a veteran insurance executive with extensive experience as a runoff specialist, to be the Company's new President and Chief Executive Officer. Mr. Johnson was the Chairman and CEO of...
HAMILTON, Bermuda -- Quanta Capital Holdings Ltd. (NASDAQ: QNTA) announced today that it had purchased all of the outstanding floating rate capital securities of Quanta Capital Statutory Trust I and Quanta Capital Statutory Trust II for an aggregate purchase price of approximately $54.5 million. The Company originally issued and sold...
OLDWICK, N.J. -- A.M. Best Co. has downgraded the financial strength ratings FSR to B Fair from B++ Very Good and the issuer credit ratings ICR to "bb" from "bbb" for the insurance/reinsurance subsidiaries of Quanta Capital Holdings Ltd. Quanta (NASDAQ: QNTA) (Hamilton, Bermuda). These rating actions apply to Quanta...
HAMILTON, Bermuda -- Quanta Capital Holdings Ltd. (NASDAQ: QNTA and QNTAP) announced today that it has exercised its right to repurchase all remaining 10.25% Series A Preferred Shares that were not tendered in the recently completed tender offer. Quanta will purchase the remaining preferred shares at a price of $22.50...
The U.S. Supreme Court today issued a key patent law ruling in Quanta Computer v. LG Electronics, overturning the Court of Appeals for the Federal Circuit.
Quanta Services Inc. and InfraSource Services Inc. announced that they have signed a definitive merger agreement under which Quanta will acquire InfraSource in an all-stock transaction valued at $I .26 billion based on Quanta's closing stock price on Quanta Services Inc. and InfraSource Services Inc. announced...
OLDWICK, N.J. -- A.M. Best Co. has downgraded the financial strength ratings FSR to B++ Very Good from A- Excellent and the issuer credit ratings ICR to "bbb" from "a-" for the insurance/reinsurance subsidiaries of Quanta Capital Holdings Ltd. Quanta (NASDAQ: QNTA) (Hamilton, Bermuda). The rating actions apply to Quanta...
HAMILTON, Bermuda -- Quanta Capital Holdings Ltd. (NASDAQ: QNTA) today announced that it has filed a shelf registration statement on Form S-3 with the SEC. Once the shelf registration statement has become effective, Quanta and certain statutory trusts may issue in one or more offerings up to $125 million of...
HAMILTON, Bermuda -- Quanta Capital Holdings Ltd. (NASDAQ: QNTA) reported today that it is in receipt of notification from NASDAQ regarding the company's status of recent non-compliance with the exchange's independent director requirement under Marketplace Rule 4350c(1). The notification follows Quanta's announcement on November 22, 2005 that Interim Chief Executive...
HAMILTON, Bermuda -- Quanta Capital Holdings Ltd. (NASDAQ: QNTA) announced today the successful conclusion of its tender offer for any and all of its issued 10.25% Series A Preferred Shares at $22.50 per share. The tender offer was made through Quanta's wholly-owned subsidiary, QCH Acquisition Ltd. The tender offer expired...
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of A- Excellent of Quanta Reinsurance Ltd. Quanta Re Bermuda and its three strategic pooled subsidiaries, Quanta Reinsurance U.S. Ltd. (Quanta Re U.S.) Bermuda, Quanta Specialty Lines Insurance Company Quanta Specialty (Indianapolis, IN) and Quanta Indemnity Company (Quanta...
OLDWICK, N.J. -- A.M. Best Co. has placed the financial strength rating of A- Excellent and issuer credit rating of "a-" of Quanta Europe Ltd Quanta Europe (Dublin, Ireland) under review with negative implications following similar rating actions on Quanta Reinsurance Ltd. Quanta Re (Hamilton, Bermuda), the main operating company...
OLDWICK, N.J. -- A.M. Best Co.'s financial strength ratings FSR of B++ Very Good, issuer credit ratings ICR of "bbb" for the insurance/reinsurance subsidiaries of Quanta Capital Holdings Ltd. Quanta (NASDAQ: QNTA) (Hamilton, Bermuda) and the debt rating of "b+" on Quanta's $75 million 10.25% Series A non-cumulative perpetual preferred...
FAIR LAWN, N.J. -- Quanta's 3G Video Handset Will Deliver Advanced Capabilities and Superior Functionality While Retaining a Very Low Footprint Solution in TD-SCDMA
HAMILTON, Bermuda -- Quanta Capital Holdings Ltd. ("Quanta") (NASDAQ: QNTA) announces the successful completion of three environmental insurance solutions in response to client needs within the energy industry. The Remediation Cost Cap policy provides cost overrun protection in the event that the remediation of contamination at the properties exceeds anticipated...
HAMILTON, Bermuda -- Quanta Capital Holdings Ltd. (NASDAQ: QNTA), a company that provides specialty insurance, reinsurance, and risk consulting services through its subsidiaries, announced today that A.M.. Best Company (A.M.. Best) has affirmed the financial strength rating of "A-" Excellent of the Quanta Insurance Companies and assigned a financial strength...
Aplix Corporation (TSE: 3727), the global leader in deploying Java technology in mobile phones, announced today that its JBlend™ Java platform has been selected by Quanta Computer lnc. (RIC: 2382.TW) Quanta as their preferred Java...
HAMILTON, Bermuda -- Quanta Capital Holdings Ltd. (NASDAQ: QNTA) today reported financial results for the second quarter ended June 30, 2006. Quanta's book value per share at June 30, 2006 was $4.63 per share as compared to book value per share at March 31, 2006 of $5.25 per share and...
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