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Financial Results, Quarterly Dividends, and Strategic Acquisitions - Research Report on Nuverra, Waste Management, Stericycle, Darling, and Covanta

Editor Note: For more information about this release, please scroll to bottom


News provided by

Investors' Reports

Aug 29, 2013, 08:00 ET

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NEW YORK, August 29, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Nuverra Environmental Solutions, Inc. (NYSE: NES), Waste Management, Inc. (NYSE: WM), Stericycle, Inc. (NASDAQ: SRCL), Darling International Inc. (NYSE: DAR), and Covanta Holding Corporation (NYSE: CVA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Nuverra Environmental Solutions, Inc. Research Report

On August 8, 2013, Nuverra Environmental Solutions, Inc. (Nuverra) reported its Q2 2013 financial results. The Company reported total revenues of $165.5 million, compared with $90.8 million in Q2 2012. Adjusted EBITDA for the quarter was $33.3 million, compared with $19.3 million in Q2 2012. Net loss attributable to common stockholders totaled $12.8 million, or $0.05 per diluted share, compared with net income of $10.7 million, or $0.07 per diluted share in Q2 2012. Mark D. Johnsrud, CEO of Nuverra Environmental Solutions, stated, "Our business model has a great deal of flexibility, enabling us to respond quickly to the changes in our industry outlook. We've reduced our capital expenditure plan for 2013 and taken aggressive measures to lower our costs and improve operational efficiency, particularly in basins where activity has slowed. We expect to see a pick up in activity in the second half of the year." Further, the Company anticipates its H2 2013 revenues to be in the range of $350 to $400 million. The Full Research Report on Nuverra Environmental Solutions, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-27/NES]

--

Waste Management, Inc. Research Report

On August 22, 2013, Waste Management Inc. (Waste Management) announced that its Board of Directors has declared a quarterly cash dividend in the amount of c.$0.37 per share. The Company reported that the dividend is payable on September 20, 2013 to stockholders of record on September 6, 2013. 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/2013-08-27/WM]

--

Stericycle, Inc. Research Report

On August 6, 2013, Stericycle Inc.'s (Stericycle) strategic business unit, ExpertSOLUTIONS announced that it has completed the acquisition of Eclipse Marketing, a customer relationship management marketing company with expertise in recalls in the United Kingdom and Europe. "Eclipse Marketing is an innovative and respected leader in recall and CRM marketing, and we are excited that this partnership will bring enhanced service offerings for our clients," said Ruth Abdulmassih, VP, General Manager, ExpertSOLUTIONS. "As a highly regarded organization with a well-established corporate culture, we look forward to enhancing our client offerings and expanding our business globally." 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/2013-08-27/SRCL]

--

Darling International Inc. Research Report

On August 26, 2013, Darling International Inc. (Darling) announced that it has acquired Terra Renewal Services Inc., a leading provider of essential environmental services with operations in over 24 states. Commenting on the acquisition, Darling's Chairman and CEO Randall Stuewe said, "Adding Terra Renewal Services, Inc. and its employees to the Darling family is a natural fit. The grease collection business will transition smoothly into our existing footprint and the industrial residuals business adds a new line of service for our rendering raw material suppliers." The Company reported a purchase price for the transaction of approximately $120 million in cash. The Full Research Report on Darling International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-27/DAR]

--

Covanta Holding Corporation Research Report

On August 19, 2013, Covanta Holding Corp. (Covanta) announced that it has acquired Camden Resource Recovery Facility, a 1,050 ton-per-day Energy-from-Waste facility in Camden, New Jersey, from a subsidiary of Foster Wheeler AG. Anthony Orlando, Covanta's CEO and President said, "We are excited to expand our portfolio of Energy-from-Waste facilities with this strategic and opportunistic acquisition. We have a strong track record of successfully integrating businesses and we look forward to welcoming new clients and employees into the Covanta family." The Company expects the transaction to have a modest impact on its 2013 guidance metrics. The Full Research Report on Covanta Holding Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-27/CVA]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

InvestorsReports.com

SOURCE Investors' Reports

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