Thursday, specialty contractor MasTec, Inc. (MTZ) said the Securities and Exchange Commission had completed its formal investigation related to the company's restatement of financial statements in 2001 through 2003.The Coral Gables, Florida based MasTec said the communiqu from SEC indicated that the agency did not intend to recommend any enforcement action.In August 2006, MasTec confirmed SEC's informal inquiry into issues associated with the restatement was to be continued as an inquiry under a formal order of investigation as per the agency's verbal notification on August 18, 2006.MTZ is gaining $0.09 or 1.14% and currently trades at $8.01, on a volume of 58,600 shares on the NYSE.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.