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Stock Market & Financial Investment News

News Breaks
February 20, 2013
07:35 EDTCLHClean Harbors continues to see FY13 revenue $3.72B-$3.77B, consensus $3.71B
Sees FY13 adjusted EBITDA $605M-$620M. Says targeting $60M-$65M in acquisition-related synergies in 2013.
News For CLH From The Last 14 Days
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April 24, 2014
18:55 EDTCLHOn The Fly: After Hours Movers
NOTABLE: Amazon (AMZN) reported first quarter earnings that were in-line with expectations on revenues that topped estimates. The company also provided second quarter revenue outlook that was in-line with expectations and shares of the online retailer were roughly flat in after hours trade... Starbucks (SBUX) gained 1.6% after reporting profit that in-line with estimates on revenue that was a bit light. The company reaffirmed its fiscal 2014 revenue outlook and said it expects same-store sales growth for 2014 to be in the mid-single digits... Microsoft (MSFT) gained 2.8% after reporting earnings that beat expectations on revenues that were roughly in-line with estimates. The company added that it sold 1.2M Xbox One units during the quarter and said Windows volume licensing revenue grew 11%. UP AFTER EARNINGS: Baidu (BIDU), up 5.5%... Deckers Outdoor (DECK), up 6.3%... Synaptics (SYNA), up 7.8%. ALSO HIGHER: Clean Harbors (CLH), up 7% after Relational Investors reported a 9% stake in the company, adding that it has been in dialogue with the company's management regarding certain actions the fund believes Clean Harbors can take to enhance shareholder value... Under Armour (UA), up 2.5% after it was announced the company will join the S&P 500 as of the close on April 30. DOWN AFTER EARNINGS: Dow member Visa (V) fell 3.5% despite reporting earnings and revenue that topped estimates. The company said it expects earnings per share growth for its fiscal 2014 in the mid-to-high teens... Pandora (P), down 4% after its second quarter outlook disappointed. The streaming internet radio company did, however, raise its fiscal 2014 profit and sales outlooks... Cliffs Natural (CLF), down 4%.
17:25 EDTCLHRelational Investors reports 9.08% stake in Clean Harbors
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17:12 EDTCLHRelational takes 9% stake in Clean Harbors, Bloomberg says
Relational Investors has taken a roughly 9% stake in Clean Harbors, urging the company to focus on its core hazardous waste business, buy back stock, and pursue asset sales, reports Bloomberg, citing two people familiar with the new stake. Reference Link

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