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Republic Services Raises Outlook - Analyst Blog
Friday, July 30, 2010 - 2:00pm | 784Republic Services Inc. (RSG) reported earnings per share of 42 cents for the second quarter ended June 30, 2010, matching the Zacks Consensus Estimate. Total revenue of $2.06 billion was in line with the Zacks Consensus and slightly higher than the year-ago quarter. Core price increased 1.6%, fuel...
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RGS's Guidance Raised
Friday, July 30, 2010 - 11:23am | 82Republic Services, Inc. (NYSE: RSG) has its "buy" rating and $37 price target reiterated by Wunderlich based on long term sales and operating profit growth rates of 4.5%, EBITDA margin of 31.3%, and a discount rate of 10%. FCF guidance for 2010 was $700-725M and is now $725-750M, pending if the...
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WCAA's Long Term Performance Could Be Based on 2Q 2010
Friday, July 30, 2010 - 10:41am | 92WCA Waste Corporation (NASDAQ: WCAA) saw a promising 2Q that could set the stage for long-term performance, according to Wunderlich Securities. WCAA's 2Q revenues were at $59.5M. up 18.6% vs. Wunderlich's estimate of $57.4M and 2Q10 and 1H10 progress will be measured by WCAA's full-year revenue...
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Wunderlich Securities Maintain Buy Rating, $21 Target On Covanta Holding (CVA)
Wednesday, July 28, 2010 - 11:39am | 174Wunderlich Securities is out with a research report this morning and in it, Wunderlich is keeping its Buy rating and $21 price target on Covanta Holding (NYSE: CVA) after the company reported earnings yesterday. Wunderlich writes, "We maintain our Buy rating and $21 target on Covanta (CVA) shares...
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Benzinga’s Volume Movers (MNTA, ONXX, IDSA, GENZ)
Monday, July 26, 2010 - 1:27pm | 187Momenta Pharmaceuticals Inc (NASDAQ: MNTA) shares gained 9.72% to $23.81 at 1:05 pm. The volume of MNTA shares traded was 1,266% higher than normal. Momenta has received approval from the Food and Drug Administration (FDA) to market a generic version of Sanofi's blood-thinner drug, Lovenox. ONYX...
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A Peek Into The Market Before The Trading Starts
Monday, July 26, 2010 - 9:00am | 411Pre-open movers US stock index futures are firmly in the negative ahead of the release of the new home sales data. While futures on the S&P 500 lost 2.40 points to 1,098, those on the Nasdaq 100 are down 3.25 to 1871. Meanwhile, Dow Jones Industrial Average futures slipped 21 points to 10,365...
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Versar Joint Venture Awarded $7M U.S. Air Force Contract
Thursday, July 22, 2010 - 9:23am | 143Versar (NYSE: VSR) announced that its Joint Venture with W.M. Jordan was awarded a $7,185,824 firm-fixed-price contract for construction upgrades of the existing West and LaSalle Gates at Langley Air Force Base, Virginia. The W.M. Jordan/Versar Joint Venture holds a Multiple Award Task Order...
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Benzinga’s Volume Movers (VSAT, IDSA, CEPH, SWSI)
Wednesday, July 21, 2010 - 2:08pm | 172ViaSat Inc (NASDAQ: VSAT) shares gained 6.92% to $35.67 at 12:38 pm. The volume of VSAT shares traded was 431% higher than normal. VSAT has introduced high definition video ISR system at Farnborough Air Show. Industrial Services of America (NASDAQ: IDSA) shares moved up 10.84% to $13.39. The volume...
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Waste Connections Raises Q3 Guidance (WCN)
Wednesday, July 21, 2010 - 1:50pm | 47Waste Connections (NYSE: WCN) said today it sees Q3 sales of $336.5-$338.5 million, vs. the consensus of $326.5 million. It also raised 2010 sales guidance to about $1.3 billion, vs. consensus of $1.29 billion. Shares are currently trading at $37.33, up $1.44 on the day.
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Waste Connections Inc. Beats Again!
Wednesday, July 21, 2010 - 11:37am | 73Waste Connections, Inc. (NYSE: WCN) has produced better than anticipated results and should raise guidance during the conference call on organic growth alone, according to Wunderlich. 2Q results support that the economy is in a slow-growth recovery, and this proves a good old-fashioned beat on...
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Waste Connections Beats Estimates (WCN)
Tuesday, July 20, 2010 - 4:59pm | 130Folsom, California based Waste Connections Inc. (NYSE: WCN) released financial results late Tuesday that beat Wall Street earnings and revenue estimates. Waste Connections Inc. (WCN) reported that its 2nd quarter net income was $30.4 million, or 39 cents per share, compared to net income of $30.4...
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Waste Connections Beats on Top and Bottom Line (WCN)
Tuesday, July 20, 2010 - 4:16pm | 181Waste Connections (NYSE: WCN) reports Q2 EPS $0.48 vs consensus of $0.45. Waste Connections reports Q2 revenue $330.5 million vs consensus of $324.92 million. Revenues rose 9.1% year over year. "Year-over-year increases in landfill volumes, roll-off activity, and recycled commodity prices enabled...
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Top Narrow Based Indexes For July 20 (TXI, SSN, MEA)
Tuesday, July 20, 2010 - 2:19pm | 208By 1:11 pm, the Dow Jones Industrial Average was down 62.13 points, or 0.61%, to 10,092.30, while the broader Standard & Poor's 500 index had lost 3.38 points, or 0.32%. The NASDAQ composite index fell 14.11 points, or 0.64%. Some of the narrow based indexes supporting the markets are Cement...
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Top Performing Industries For July 20 (HOG, MEA, ACH, FCX)
Tuesday, July 20, 2010 - 12:54pm | 201At 11:22 am, the Dow lost 0.50% to 10,103.99, the broader Standard & Poor's 500 index moved down 0.27% to 1,068.33 and the NASDAQ composite index fell 0.63% to 2,184.36. The industries that are driving the market today are: Recreational Vehicles: This industry jumped 6.90% by 11:22 am. The top...
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Versar Awarded $11.8M Contract Extension
Tuesday, July 20, 2010 - 9:31am | 110Versar (NYSE: VSR) announced today that it has been awarded an $11.8 million task order for continued Construction Management and Quality Assurance operations in Afghanistan. This task order, awarded during the company’s fourth quarter, will allow Versar to continue to provide engineering support...