New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 10, 2014
08:33 EDTCVACovanta cost cuts, dividend raise should move shares higher, says Baird
Baird believes Covanta's announced cost savings initiatives and dividend increase, as well as a positive ruling by the European Commission on the Dublin Waste-to-Energy facility, will move the shares higher. Baird has an Outperform rating with a $21 price target on Covanta.
News For CVA From The Last 14 Days
Check below for free stories on CVA the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 19, 2014
09:35 EDTCVACovanta commences construction of Dublin waste-to-energy facility
Covanta announced that it has executed an agreement with the Dublin City Council to build, own and operate a 600,000 metric tonne per year, 58 net megawatt Energy-from-Waste facility in Dublin, Ireland . The company also announced that it has achieved financial close on a comprehensive project financing package and plans to commence construction of the project immediately. Facility construction is expected to take approximately three years, with commencement of operations targeted for late 2017. The total investment in the construction of the facility will be approximately EUR 500M, funded by a combination of third party non-recourse project financing and project equity invested by Covanta. The third party project funding includes EUR 300M of project debt, representing approximately 60% leverage, and a EUR 75M convertible preferred investment by the energy infrastructure arm of First Reserve, one of the world's leading private equity and infrastructure investment firms in the energy sector.
September 17, 2014
16:31 EDTCVACovanta raises quarterly dividend to to 25c per share
Subscribe for More Information

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