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Innovative Collaborations, Long-term Investments and Financial Results - Research Report on Waste Management, Darling, Layne Christensen, Clean Harbors, and Covanta


News provided by

Wall Street Reports

Jun 10, 2013, 08:00 ET

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NEW YORK, June 10, 2013 /PRNewswire/ --

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

Today, Wall Street Reports announced new research reports highlighting Waste Management, Inc. (NYSE: WM), Darling International Inc. (NYSE: DAR), Layne Christensen Co. (NASDAQ: LAYN), Clean Harbors, Inc. (NYSE: CLH), and Covanta Holding Corporation (NASDAQ: CVA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Waste Management, Inc. Research Report

On June 5, 2013, Waste Management Inc. (Waste Management) and William McDonough announced the launch of a sustainable innovation collaborative to help foster and guide future product and packaging design innovation among industry-leading companies. The collaborative will focus on directly serving producers, manufacturers, retailers and suppliers of packaged goods and products as they strive to advance their sustainability objectives and results. David P. Steiner, President and Chief Executive Officer of Waste Management, said, "Now we're prepared to help nurture and support further progress not only in sustainable packaging but also in addressing the full product life-cycle, with a practical eye toward waste elimination, reducing environmental impact and increasing value from waste." 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.wsreports.com/r/full_research_report/d6d6_WM]

--

Darling International Inc. Research Report

On May 9, 2013, Darling International Inc. (Darling) reported its Q1 FY 2013 financial results (period ended March 30, 2013). The Company reported net sales of $445.4 million, reflecting an increase of 15.1% YoY primarily due to higher finished product selling prices for proteins and bakery finished products. Net income of $32.4 million, or $0.27 per share, was higher compared to $28.6 million, or $0.24 per share, in Q1 FY 2012, predominantly resulting from higher finished product prices followed by higher raw material volumes in both Rendering and Bakery Segments. Darling's Chairman and Chief Executive Officer Randall Stuewe said, "We are off to a good start in 2013 driven by improving fat values along with strong protein demand especially from our value added poultry ingredients." 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.wsreports.com/r/full_research_report/61af_DAR]

--

Layne Christensen Co. Research Report

On June 5, 2013, Layne Christensen Co. (Layne Christensen) reported its Q1 FY 2014 financial results (period ended April 30, 2013). Revenues declined 16.7% YoY to $226.4 million. Net loss was $23.8 million, or $1.22 per share, compared to net income of $3.7 million, or $0.19 per share, in Q1 FY 2013. "Our year-over-year comparisons were down, impacted by losses at Geoconstruction, higher corporate expenses, including costs related to our headquarters consolidation to The Woodlands, TX, and reduced profits at Mineral Exploration. However, we are pleased with our sequential quarterly progress as we operate in an environment that is distinctly different from last year. When compared to Q4 FY 2013, profits in Q1 FY 2014 improved at Water Resources, Inliner, Heavy Civil and Mineral Exploration. We expect that our performance will improve as the year progresses." The Full Research Report on Layne Christensen Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/4150_LAYN]

--

Clean Harbors, Inc. Research Report

On May 1, 2013, Clean Harbors, Inc. (Clean Harbors) reported its Q1 2013 financial results with revenue increase of 50.7% YoY to $862.2 million. Income from operations decreased 43.6% YoY to $34.8 million, while net income was down 67.2% YoY to $10.5 million, or $0.17 per diluted share. "Our first-quarter results reflect the addition of Safety-Kleen, as we grew our top-line by more than 50% from the prior-year period," said Alan S. McKim, Chairman and Chief Executive Officer of Clean Harbors. "Our margins in the quarter were significantly affected by integration-related costs and non-cash items related to acquisition accounting. As a result of the acquisition, we have realigned the Company into five new reportable segments. During the first quarter, solid performances in our Technical Services, Industrial and Field Services, and SK Environmental Services segments were more than offset by greater-than-expected weakness in our Oil Re-refining and Recycling, and Oil and Gas Field Services segments." 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.wsreports.com/r/full_research_report/61d7_CLH]

--

Covanta Holding Corporation Research Report

On June 5, 2013, Covanta Energy Corp. (Covanta) and Clean Energy Fuels Corp. (Clean Energy), hosted opening ceremonies in Newark, N.J. for the first compressed natural gas (CNG) fueling station built as part of a nationwide partnership between the two Companies to expand the CNG fueling infrastructure across the country. "Our overriding mission is to set a national standard for urban transformation-a goal that includes improving environmental quality through transitioning to clean energy fuels for city vehicle fleets," said Newark Mayor, Cory Booker. "To this end, we are moving forward with a major program to replace our existing fleet of diesel-powered garbage trucks and street sweepers with new cleaner-operating CNG-fueled trucks. Our new fleet will fuel up here at the Clean Energy/Covanta natural gas fueling station that officially opens today." 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.wsreports.com/r/full_research_report/b105_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 inquires, 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.

SOURCE Wall Street Reports

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