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]
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