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Wunderlich Reiterates Buy on Republic Services
Thursday, July 14, 2011 - 6:58am | 115Wunderlich is out with its report today on Republic Services (NYSE: RSG), reiterating Buy. In a note to clients, Wunderlich writes, "We reiterate our Buy rating and $37 target on Republic Services. The waste business has high barriers to entry. The industry's recent consolidation results in RSG...
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Wunderlich Securities Updates 7/12
Tuesday, July 12, 2011 - 7:44am | 145Wunderlich Securities made a number of updates in a research report published today. Covanta (NYSE: CVA) had its rating maintained at Buy. At the same time, its price target was left unchanged at $21. On Monday, CVA closed the day at $16.74. Cree (NASDAQ: CREE) had its rating maintained at Hold....
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Linc Government Services Wins Part of $9.7B DoD Contract
Tuesday, July 12, 2011 - 7:03am | 74Linc Government Services, an ABM Industries (NYSE: ABM) company, has been awarded a U.S. Department of Defense contract to provide language support services for U.S. troops worldwide. Along with Linc Government Services, five other leading defense contractors were selected. Linc Government...
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CECO Environmental Announces New Orders Totaling $5.2M
Tuesday, July 12, 2011 - 6:57am | 92CECO Environmental Corp. (Nasdaq: CECE) announced today that it has received new global orders totaling approximately $5.2 million. These new orders include one for a FCC cyclone from a large refinery in Mexico, several orders for high efficiency cyclones from a large paper products manufacturer...
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Wunderlich Securities Reiterates Covanta Buy, $21 PT
Monday, July 11, 2011 - 11:30am | 112Wunderlich Securities reiterated its Covanta (NYSE: CVA) Buy rating and $21 price target in a research report published today. In the report, Wunderlich Securities states, "We reiterate our Buy rating and $21 target on Covanta (CVA) shares. Last Friday, the new Irish Minister of the Environment,...
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TRC Gets $1.1M Contract
Monday, July 11, 2011 - 8:02am | 57TRC Companies, Inc. (NYSE: TRR) today announced it has been awarded a $1.1 million contract by the Orange County Transportation Authority and City of Costa Mesa to prepare a Project Study Report for the SR-55/Newport Boulevard in Costa Mesa, California. The project will evaluate traffic circulation...
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Wedbush Maintains Outperform on Republic Services
Monday, July 11, 2011 - 6:59am | 152Wedbush is out with its report today on Republic Services (NYSE: RSG), reiterating Outperform. In a note to clients, Wedbush writes, "While our Q2 survey results point to relatively in-line core yield and volume growth expectations for RSG, we remain favorable on its shares given (i) financial and...
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UPDATE: Wedbush Color on Waste Connections PT Increase
Monday, July 11, 2011 - 6:21am | 148Wedbush, which raised its PT on shares of Waste Connections Inc. (NYSE: WCN), is providing some color on the stock. “We are reaffirming our positive stance on shares of Waste Connections ahead of the company's Q2 earnings release later this month,” Wedbush writes. “Consistent with our views that...
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Wedbush Raises PT On Waste Connections To $35
Monday, July 11, 2011 - 5:34am | 27Wedbush Securities has raised the price target on Waste Connections (NYSE: WCN) from $34 to $35 and maintains its Outperform rating.
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Top 4 Mid-Cap Stocks In The Waste Management Industry With The Highest ROE
Friday, July 8, 2011 - 1:02am | 138Below are the top mid-cap waste management stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Stericycle Inc (NASDAQ: SRCL) is 20.90%. SRCL's operating margin for the same period is 27.17%. The trailing-twelve-month return on equity at...
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ABM Selected as Facilities Management Service Provider for California Courts
Thursday, July 7, 2011 - 12:37pm | 140ABM Engineering has been selected to provide maintenance and management services for California's courthouses in the southern region, now managed statewide by the Administrative Office of the Courts. These services include operations and maintenance, facility modifications, engineering services,...
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Covanta Announces Adjustments to the Conversion Rate on Its 3.25% Cash Convertible Senior Notes Due 2014
Wednesday, July 6, 2011 - 3:39pm | 89Covanta Holding Corporation (NYSE: CVA) today announced an adjustment to the conversion rate on its 3.25% cash convertible senior notes due 2014 in connection with its previously announced dividend payable on April 12, 2011 to stockholders of record as of March 30, 2011. As a result of this...
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What Are Eric Sprott's Favorite Mining Stocks?
Wednesday, July 6, 2011 - 1:43pm | 411Eric Sprott, CEO of Sprott Asset Management and a major player in the precious metals markets, has made some huge bets on specific gold and silver miners, most of which have already paid off in a big way. In fact, assets under management at Sprott, Inc. were $9.7 billion at the end of Q1 2011...
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Puts Purchased on Metalico
Wednesday, July 6, 2011 - 1:04pm | 103Shares of Metalico, Inc. (AMEX: MEA) are lower on the session by 0.63%, currently trading at $5.85. The stock has been moving largely lower over the past five months and is currently consolidating above the 50-day moving average. Options traders are buying puts on the name today. A short while...
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Wunderlich Reiterates Buy Rating On US Ecology
Wednesday, June 29, 2011 - 8:29am | 101According to Wunderlich Securities, US Ecology (NASDAQ: ECOL) Buy rating is reiterated. Wunderlich Securities said that ECOL CFO Jeff Feeler traveled to Philadelphia for investor meetings. “We forecast FY11 EBITDA at $46mm which, at current valuations, translates into an EV/EBITDA of 8.0 times vs...