CECO Environmental subsidiary awarded two large new orders totaling $20M CECO Environmental announced that its Aarding Thermal Acoustics subsidiary in The Netherlands recently received two large new orders totaling $20M. The first order is from Saudi Electricity for several natural gas power plants in the Middle East. CECO's technology will be installed downstream of several large GE natural gas turbines. The second significant order, also from Aarding, is for two large natural gas turbines for an Asian customer.
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: CECO Environmental (CECE) upgraded on several positive catalysts at Roth Capital... EMC (EMC) upgraded to Outperform from Market Perform at Bernstein... Fleetmatics (FLTX) upgraded to Overweight from Neutral at Piper Jaffray... NorthStar Asset Management (NSAM) upgraded to Buy from Hold at MLV & Co.... Penn National (PENN) upgraded to Overweight from Neutral at JPMorgan... Rosetta Genomics (ROSG) upgraded to Buy from Hold at Cantor... Ulta Salon (ULTA) upgraded to Buy from Neutral at Nomura... Xcel Energy (XEL) upgraded to Buy from Hold at Argus.