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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:
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To: richardred who wrote (4471)6/6/2016 12:18:27 PM
From: richardred1 Recommendation

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The Ox

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Here's your ASTE Backlog sign.

Snip >Backlog jumped 48.7% year over year to $432.8 million as of Mar 31, 2016 mainly driven by its domestic backlog, which recorded a substantial 90.3% year-over-year improvement. This is primarily attributable to the passage of a new Federal highway bill, ongoing strong private market activity and the $122.5 million pellet plant order. The company also received the remainder of the contracted payment on the first $30 million order.
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