Posts for Ticker ‘CLHB’

Top 10 Pre-Market Analyst Calls (ADCT, ANN, ASH, ASMI, CLHB, COST, IDTI, JCG, MRVL, NDAQ)

These are ten of the analyst calls we are focusing on this Friday morning:

  • ADC Telecom (NASDAQ: ADCT) raised to Overweight at JPMorgan.
  • AnnTaylor (NYSE: ANN) raised to Outperform at FBR.
  • Ashland (NYSE: ASH) cut to Underweight at JPMorgan.
  • ASM International (NASDAQ: ASMI) started as Underpeform at Jefferies.
  • Clean Harbors (NASDAQ: CLHB) raised to Outperform at Robert W. Baird.
  • Costco (NASDAQ: COST) cut to Neutral at Piper Jaffray.
  • Integrated Device Tech (NASDAQ: IDTI) cut to Neutral at Cowen & Co.
  • J. Crew (NYSE: JCG) cut to Market Perform at Wachovia; cut to Sell at Citigroup.
  • Marvell Tech (NASDAQ: MRVL) raised to Overweight at JPMorgan and raised to Outperform at oppenheimer.
  • NASDAQ (NASDAQ: NDAQ) raised to Overweight at Lehman Brothers.

Jon C. Ogg
May 30, 2008

Clean Harbors Rallies Despite Share Offering (CLHB)

Clean Harbors Inc. (NASDAQ: CLHB) announced a 2.5 million share follow-on common stock offering after market close in an SEC Filing last night.

Goldman Sachs is the underwriter for the offering and is granted 375,000 over-allotment options.

The proceeds from the offering for the waste management services provider should reach over $200 million and will be used for acquisitions, debt repayments, or working capital. 

Shares are up near 52-week highs at $64.84, up $0.16 on the day. The 52-week range is $42.52 to $67.58.

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Rachel Lopez
April 18, 2008