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Stock Market & Financial Investment News

News Breaks
January 13, 2014
07:18 EDTWCN, BIN, WM, RSGEnvironmental Services sector downgraded at Credit Suisse
Credit Suisse downgraded the Environmental Services waste sector due to a very gradual volume recovery, flattish OCC pricing, and a low inflationary environment. The firm prefers Waste Connections (WCI) and Progressive Waste (BIN), following by Waste Management (WM) and Republic Services (RSG).
News For WCN;BIN;WM;RSG From The Last 14 Days
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September 2, 2014
10:02 EDTRSGOn The Fly: Analyst Downgrade Summary
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06:03 EDTRSGRepublic Services downgraded to Hold from Buy at KeyBanc
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August 28, 2014
09:57 EDTBINOn The Fly: Analyst Upgrade Summary
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07:58 EDTBINProgressive Waste upgraded to Outperform from Market Perform at BMO Capital
BMO Capital upgraded Progressive Waste to Outperform based on improving industry fundamentals, a pick up in pricing, and upside free cash flow upside form operational and capital discipline. Price target raised to $30 from $26.
August 27, 2014
09:53 EDTWMOn The Fly: Analyst Upgrade Summary
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07:18 EDTWMWaste Management upgraded at Stifel
As noted earlier, Stifel upgraded Waste Management to Buy from Hold. The firm upgraded the stock after learning that the company is looking to reduce its workforce by 600 employees. The firm expects the company's traditional baseline free cash flow to reach $1.4B and grow 4%-6% over the long-term. Target $55.
06:09 EDTWMWaste Management upgraded to Buy from Hold at Stifel
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August 26, 2014
08:04 EDTBINProgressive Waste renews normal course issuer bid
Progressive Waste announced that it has received approval from the Toronto Stock Exchange, or TSX, to renew, for a 12-month-period, its normal course issuer bid, or NCIB, effective August 28. In July, the company's board authorized a share repurchase program of up to $400M through December 31, 2017, to be implemented in accordance with TSX regulations, which require NCIBs to be renewed on an annual basis.
August 25, 2014
08:32 EDTRSGRepublic Services names Serianni CFO to succeed Culpepper
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