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Casella Waste's Price Target Raised to $10 at Wunderlich
Monday, December 20, 2010 - 9:50am | 20Casella Waste's (NASDAQ: CWST) price target is raised from $7 to $10 at Wunderlich.
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Merger Arbitrage Mondays – December 20, 2010
Monday, December 20, 2010 - 5:29am | 4823Merger activity increased last week with six new deals announced and five deals closing. You can find all the deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2010 133 Total Number of Deals...
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Metalico Inc. - Value
Monday, December 20, 2010 - 2:03am | 784Metalico Inc. (MEA) has had a hard time surprising on estimates since I last reviewed it in May 2010 as it has missed two quarters in a row. However, the Zacks #2 Rank (buy) grew sales 50% in the third quarter as volumes and metal prices rose. Sales are expected to grow 27% over the next 5 years....
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Metalico Inc. - Value
Monday, December 20, 2010 - 12:00am | 784Metalico Inc. (MEA) has had a hard time surprising on estimates since I last reviewed it in May 2010 as it has missed two quarters in a row. However, the Zacks #2 Rank (buy) grew sales 50% in the third quarter as volumes and metal prices rose. Sales are expected to grow 27% over the next 5 years....
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Metalico Shares Climb 9% (MEA)
Thursday, December 16, 2010 - 3:13pm | 154Shares of Metalico Inc. (AMEX: MEA) are trading up 9% at $5.67 per share during the Thursday afternoon trading session. The day's trading range for shares of Metalico Inc has been between $5.20 and $$5.71 per share. Analysts covering Metalico Inc. (MEA) stock give it a consensus price target of $7....
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ABM Matches EPS, Beats Revenue - Analyst Blog
Thursday, December 16, 2010 - 3:00pm | 994ABM Industries Inc. (ABM) reported fourth-quarter 2010 adjusted earnings per share (EPS) of 43 cents per share, in line with the Zacks Consensus Estimate and 10% above the prior-year quarter EPS of 39 cents. Increase in revenues in conjunction with effective management of costs culminated in the...
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ABM Matches EPS, Beats Revenue - Analyst Blog
Thursday, December 16, 2010 - 2:22pm | 994ABM Industries Inc. (ABM) reported fourth-quarter 2010 adjusted earnings per share (EPS) of 43 cents per share, in line with the Zacks Consensus Estimate and 10% above the prior-year quarter EPS of 39 cents. Increase in revenues in conjunction with effective management of costs culminated in the...
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Metalico Is Trading Up 6.92% (MEA)
Thursday, December 16, 2010 - 12:19pm | 25Metalico Inc. (AMEX: MEA) is trading up 6.92% today. Shares last traded at $5.56, up from $5.20 at yesterday's close.
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Versar, Inc. Awarded $5.75 Million Contract
Wednesday, December 15, 2010 - 9:15am | 83Versar, Inc. (NYSE: VSR) announced today the award of a new $5.75 million, five-year contract from the United States Environmental Protection Agency, Office of Pesticide Programs to provide scientific and technical support to the Health Effects Division. Versar will perform technical reviews of...
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Earnings Scheduled For December 15 (AIR, JOYG, ABM, NDSN, APOG, WMCO, HEI)
Wednesday, December 15, 2010 - 5:07am | 186AAR Corp (NYSE: AIR) is expected to report its Q2 EPS at 0.35 on revenue of $408.57 million. Joy Global (NASDAQ: JOYG) is forecast to report its FQ4 EPS at $1.16 on revenue of $922.84 million. ABM Industries Incorporated (NYSE: ABM) is projected to post its Q4 earnings at $0.43 per share on revenue...
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NASDAQ Stocks Hitting 52-Week Highs (HELE, MTXX, SNMX, SRCL)
Tuesday, December 14, 2010 - 11:52am | 148Helen of Troy Limited (NASDAQ: HELE) shares gained 2.92% to create a new 52-week high of $29.64. HELE announced its plans to purchase Kaz for about $260 million. Matrixx Initiatives Inc (NASDAQ: MTXX) shares jumped 56.25% to touch a new 52-week high of $8.00. MTXX agreed to be purchased by H.I.G....
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CECO Environmental Announces New $1.5 Million Order
Tuesday, December 14, 2010 - 7:58am | 95CECO Environmental Corp. (NasdaqGM: CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has received a new order for $1.5 million from a Canadian refinery. Jeff Lang, CECO's Chief Executive Officer, commented, "I am very pleased that CECO...
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Fuel Tech Announces Douglas G. Bailey to Serve as President, CEO
Monday, December 13, 2010 - 4:06pm | 74Fuel Tech, Inc. (NASDAQ: FTEK) announces that on December 9, 2010, following a lengthy executive search process, the Company's Board of Directors determined that, effective January 1, 2011, Douglas G. Bailey will serve as Fuel Tech's President and Chief Executive Officer on a continuing basis. Mr...
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Covanta to Sell its Interest in Quezon Project for $215M
Monday, December 13, 2010 - 8:44am | 76Covanta Holding Corporation (NYSE: CVA) today announced that it has agreed to sell all of its interests in the Quezon coal-fired electric generation facility located in the Philippines to Electricity Generating PCL for a price of approximately $215 million in cash. EGCO is a current partner in the...
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Republic Services (RSG) - Bear of the Day
Monday, December 13, 2010 - 2:03am | 169Republic Services Inc. (RSG) became the second largest player in the non-hazardous solid waste industry in the U.S. after its merger with Allied Waste. Even after a slight decrease in revenues during the third quarter, the company reiterated its dividend at $0.20 per share. The company also...