Sustainability Efforts, New Recycling Facilities, and Extended Purchase Agreements - Analyst Notes on Waste Management, Covanta, Stericycle, CleanHarbors and Nuverra
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NEW YORK, July 3, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Waste Management, Inc. (NYSE: WM), Covanta Holding Corporation (NYSE: CVA), Stericycle, Inc. (NASDAQ: SRCL), Clean Harbors, Inc. (NYSE: CLH) and Nuverra Environmental Solutions, Inc. (NYSE: NES). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4397-100free.
Waste Management, Inc. Analyst Notes
On June 30, 2014, Waste Management, Inc. (Waste Management) announced that its Waste Management Phoenix Open has diverted 100% of waste away from landfills for the second year in a row. According to the Company, the 2014 Waste Management Phoenix Open earned UL Environment's highest landfill diversion rate status- "Zero Waste to Landfill" which recognizes the Waste Management Phoenix Open for achieving a 100% landfill diversion rate with 10% incineration with energy recovery. The Company stated that it has been a partner of the Phoenix Open for 14 years and provides waste, recycling, and portable restroom services to the tournament. The full analyst notes on Waste Management are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/WM/report.pdf
Covanta Holding Corporation Analyst Notes
On June 18, 2014, Covanta Holding Corp. (Covanta) together with Mayor Greg Ballard, announced its plans to bring recycling to all single family homes in the City of Indianapolis. To pursue the stated plan, the Company will build the Covanta Advanced Recycling Center which is designed to recover recyclables from mixed municipal solid waste. Covanta added that the facility will be one of the most modern recycling centers in the world and will involve an investment of nearly $45 million. In addition, the facility is expected to increase the amount of material recycled in Indianapolis by up to 500% at no cost to the city or its residents. Anthony J. Orlando, Covanta President and CEO said, "The Covanta Advanced Recycling Center, combined with our Energy-from-Waste facility, will create a first-of-its-kind, next-generation system for sustainably managing waste in North America, further supporting Indianapolis' position as a national leader in sustainability. We look forward to expanding and extending our partnership with the great City of Indianapolis. This investment will benefit the environment, the City and Covanta." The full analyst notes on Covanta are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/CVA/report.pdf
Stericycle, Inc. Analyst Notes
On June 30, 2014, Stericycle Inc.'s (Stericycle) stock declined negligibly by 0.02% to end the day at $118.42. The Company's stock has increased 3.54% over the past one month of trading, fairly in line with the broader market index Nasdaq Composite, which rose 3.90% during the same trading period. The full analyst notes on Stericycle are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/SRCL/report.pdf
Clean Harbors, Inc. Analyst Notes
On June 30, 2014, Clean Harbors Inc.'s (Clean Harbors) stock increased slightly by 0.67% to end the day at $64.25. The Company's stock has increased 17.27% over the past three trading months, significantly outperforming the Dow Jones Industrial Average which rose 2.24%, and the S&P 500 which gained 4.69%, during the same trading period. The full analyst notes on Clean Harbors are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/CLH/report.pdf
Nuverra Environmental Solutions, Inc. Analyst Notes
On June 24, 2014, Nuverra Environmental Solutions, Inc. (Nuverra) announced that it has agreed to extend the purchase agreement to divest Thermo Fluids, Inc. (TFI) to VeroLube USA, Inc. According to the Company, the extension relates to the delivery of stand-alone audited financial statements for TFI for FY 2011, including the conversion of historical TFI financial statements from U.S. GAAP to International Financial Reporting Standards (IFRS), as requested by VeroLube. Nuverra informed that under the revised stock purchase agreement the Company expects the transaction to close by August 29, 2014. The full analyst notes on Nuverra are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/NES/report.pdf
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