Strategic Collaborations, Acquisitions, Certifications and Strong Demand for Homes - Research Report on Meritage Homes, Waste Management, Stericycle, Clean Harbors, and Mueller Water Products
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NEW YORK, July 29, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Meritage Homes Corporation (NYSE: MTH), Waste Management, Inc. (NYSE: WM), Stericycle, Inc. (NASDAQ: SRCL), Clean Harbors, Inc. (NYSE: CLH), and Mueller Water Products, Inc. (NYSE: MWA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Meritage Homes Corporation Research Report
On July 24, 2013, Meritage Homes Corp. (Meritage Homes) announced its Q2 2013 financial results. The Company reported net earnings of $28.1 million or $0.74 per diluted share during Q2 2013 compared to $8.0 million or $0.24 per diluted share in Q2 2012. The increase in net earnings was primarily driven by higher home closing revenue and gross margins, as well as overhead expense leverage. The Company's total order value during the quarter grew 49% YoY due to increase in average price and increase in total order. "The second quarter of 2013 was another quarter of strong growth, with continued significant improvements across our operating metrics," said Steven J. Hilton, Chairman and Chief Executive Officer of Meritage Homes. "This was our ninth consecutive quarter of positive year-over-year growth in orders and our seventh consecutive quarter of growth in closing revenue year over year." he continued, "More importantly, our earnings continued to grow at a much higher rate than our revenue. Despite the recent rise in interest rates and home prices, affordability remains excellent and demand for new homes continues to be strong in our markets, as evidenced by our pace of orders increasing over last quarter's pace and well above the second quarter of 2012," The Full Research Report on Meritage Homes Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/MTH]
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Waste Management, Inc. Research Report
On July 18, 2013, Waste Management Inc. (Waste Management) announced that it has been named the official environmental solutions provider for Ironman triathlons. As per the agreement between Waste Management and IRONMAN, the Company will be responsible in providing environmental sustainability strategies to IRONMAN events throughout the U.S. "We will work closely with the IRONMAN event organizers to develop creative solutions for reducing waste and to increase recycling at each race," said Tom Carpenter, a Director in Waste Management's Sustainability Services Division. "The IRONMAN events, which attract spectators and participants from all over the world, are a great way to showcase the best environmental practices available today." The Full Research Report on Waste Management, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/WM]
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Stericycle, Inc. Research Report
On July 24, 2013, Stericycle Inc. (Stericycle) reported its Q2 2013 financial results. The Company's revenues during the quarter totaled $526.5 million, up 12.3% YoY. According to the Company, acquisitions contributed approximately $34.1 million to the Q2 2013 growth in revenues. Gross profit was $237.9 million, up 13.5% YoY. The Company's GAAP EPS increased 14.4% YoY to $0.89. The Full Research Report on Stericycle, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/SRCL]
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Clean Harbors, Inc. Research Report
On July 24 2013, Clean Harbors Inc. (Clean Harbors) announced the schedule of its Q2 2013 financial results. The Company will host its conference call on August 7, 2013, Wednesday at 9:00 a.m. ET to discuss its Q2 2013 earnings results. The Company's Chairman and Chief Executive Officer, Alan S. McKim and Vice Chairman, President and Chief Financial Officer, James M. Rutledge will discuss Clean Harbors' financial results, business outlook and growth strategy on the call. The Full Research Report on Clean Harbors, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/CLH]
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Mueller Water Products, Inc. Research Report
On July 23, 2013, Mueller Water Products, Inc. (Mueller) announced that its Super Centurion 250 fire hydrant has received the NSF 61 certification. The certification pertaining to Drinking Water System Components - Health Effects includes criteria for testing products to make sure they do not leach contaminants into water for human consumption and create health concern. "Achieving NSF Certification reflects Mueller Co.'s commitment to continuing to provide the highest quality water distribution products," said Gregory S. Rogowski, President of Mueller Co. "We are proud of the role the Super Centurion 250 fire hydrant continues to play in providing reliable fire protection." The Full Research Report on Mueller Water Products, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-25/MWA]
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