New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 13, 2014
04:55 EDTAME, AME, XPO, XPO, ECL, ECL, CLH, CLH, PLOW, PLOW, LFUS, LFUS, GSM, GSM, ROP, ROP, REMY, REMY, APD, APDOppenheimer to hold a summit
9th Annual Industrial Growth Summit to be held in New York on May 13-14.
News For APD;REMY;ROP;GSM;LFUS;PLOW;CLH;ECL;XPO;AME From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 23, 2015
16:32 EDTREMYRemy International names Albert VanDenBergh as CFO
Subscribe for More Information
08:38 EDTROPRoper Industries acquires Strata Decision Technology
Subscribe for More Information
January 22, 2015
10:03 EDTROPOn the Fly: Analyst Initiation Summary
Subscribe for More Information
January 21, 2015
16:14 EDTROPRoper Industries initiated with a Buy at UBS
Target $185.
January 20, 2015
07:45 EDTCLHClean Harbors to host business news update conference call
Subscribe for More Information
07:33 EDTCLHClean Harbors sees FY15 adjusted EBITDA $530M-$570M
Subscribe for More Information
07:32 EDTCLHClean Harbors sees FY14 revenue $3.4B-$3.42B, consensus $3.4B
Subscribe for More Information
07:32 EDTCLHClean Harbors confirms FY14 revenue, adjusted EBITDa guidance
Subscribe for More Information
07:31 EDTCLHClean Harbors to spin out Oil and Gas Field Services as standalone entity
Clean Harbors announced that, as a result of its strategic review, the company plans to carve out its Oil and Gas Field Services segment as a standalone public entity. Due to the synergies related to drilling activity, Clean Harbors also intends to include its lodging drill camps business from its Lodging segment as part of the new entity. “During the fourth quarter, we completed the comprehensive strategic review of our portfolio that we began in early 2014,” said Alan S. McKim, chairman and CEO. “The review was designed to determine the optimal mix of businesses to drive organic growth, enhance our margins and improve our return on invested capital. Based on this review, we are undertaking a number of initiatives to maximize shareholder value, including the carve-out of our Oil and Gas Field Services segment, while retaining the vast majority of our Lodging segment and our re-refining business.” Since acquiring many of the Oil and Gas segment’s assets in 2009, Clean Harbors has significantly grown the business and greatly expanded the value proposition it offers customers to encompass a combination of exploration, seismic and drilling support, solids/fluids control packages, disposal of drill cuttings and production services. Including the lodging drill camps business, the assets the Company plans to carve out generated approximately $250M in revenue through the first nine months of 2014. While the Oil and Gas Field Services segment experienced a down cycle in the past year, the company believes it constitutes an attractive long-term cyclical business that is well-positioned as a leader within many markets. Clean Harbors has hired Goldman Sachs & Co. as its financial advisor to assist in the proposed transaction, a process that could take more than 12 months. Completion of the transaction is subject to certain conditions, including, but not limited to, determination of the most advantageous structure from a financial and tax standpoint, receipt of regulatory approvals, the effectiveness of securities laws filings and final approval by the company’s Board of Directors. There can be no assurance regarding the ultimate structure and timing of the proposed transaction or whether the transaction will be completed.
07:31 EDTCLHClean Harbors names Eric Gerstenberg as COO
Subscribe for More Information
07:30 EDTCLHClean Harbors to spin out Oil and Gas Field Services as standalone entity
Subscribe for More Information
January 16, 2015
10:01 EDTLFUSOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:01 EDTLFUSLittelfuse upgraded at Longbow
Subscribe for More Information
06:16 EDTLFUSLittelfuse upgraded to Buy from Neutral at Longbow
January 14, 2015
10:10 EDTCLHHigh option volume stocks
Subscribe for More Information
09:48 EDTREMYRemy International management to meet with Sidoti
Meeting to be held in Atlanta/Charlotte on January 20 hosted by Sidoti.
06:57 EDTECLEcolab management to meet with Jefferies
Meetings to be held in Portland/Seattle January 20-21 hosted by Jefferies.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use