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Stocks Buzz: Covanta Holding Corporation, United Rentals, Inc., Ferro Corporation, AECOM Technology Corp

 
 
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Lakeway, TX -- (SBWIRE) -- 02/14/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Covanta Holding Corporation (NYSE:CVA) shares jumped 2.25% and closed at $19.55 in the last trading session. The company, on Feb. 6, reported financial results today for the three and twelve months ended December 31, 2012. For the twelve months ended December 31, 2012, total operating revenues declined slightly to $1,644 million from $1,650 million in 2011.

How Should Investors Trade CVA After The Latest Earnings Report? Find Out Here

United Rentals, Inc. (NYSE:URI) shares gained 2.19% to $55.49. The company, on Jan. 23, announced that for fiscal 2013, it expects total revenue in a range of $4.9 billion to $5.1 billion, Adjusted EBITDA in a range of $2.25 billion to $2.35 billion. Analysts on an average are expecting the Company to report revenue of $5.2 million and EBITDA of $2.33 for fiscal 2013.

Is URI a Buy After The Solid Earnings? Get Free Trend Analysis Here

Ferro Corporation (NYSE:FOE) shares gained 2.19% to $5.61. The company last week announced that it has sold assets related to its solar pastes business to Heraeus, a privately owned global precious metals and technology company based in Hanau, Germany. As announced on October 9, 2012, the Company had decided to explore strategic options for the solar pastes business in an effort to eliminate the negative impact from the business on earnings and cash flow. The market for conductive pastes used in the manufacture of solar cells has declined substantially since 2011 as the solar power panel industry has struggled with overcapacity and falling prices.

How Should Investors Trade FOE After The Recent Movement? Find Out Here

AECOM Technology Corp (NYSE:ACM) shares increased 2.18% to $30.04. The company, on Feb. 5, reported a first quarter net income of $38 million from $48 million last year. Net income attributable to AECOM totaled $38.11 million or $0.36 per share, down from $47.93 million or $0.42 per share last year. Analysts expected the company to earn $0.30 per share for the quarter. Revenues declined 1 percent to $2.02 billion from $2.03 billion last year. Analysts expected revenues of $2.01 billion.

Get Latest News, Updates and Reports For Free On ACM Here

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