Waste Connections (WCN) Ratings Affirmed by Fitch Amid Progressive Waste (BIN) Merger
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Gabelli Downgrades Progressive Waste Solutions (BIN) to Hold
January 20, 2016 8:08 AM ESTGabelli downgraded Progressive Waste Solutions (NYSE: BIN) from Buy to Hold.
For an analyst ratings summary and ratings history on Progressive Waste Solutions click here. For more ratings news on Progressive Waste Solutions click here.
Shares of Progressive Waste Solutions closed at $25.69 yesterday.
... MoreBarclays Upgrades Progressive Waste Solutions (BIN) to Overweight
January 20, 2016 8:08 AM ESTBarclays upgraded Progressive Waste Solutions (NYSE: BIN) from Underweight to Overweight with a price target of $27.00.
For an analyst ratings summary and ratings history on Progressive Waste Solutions click here. For more ratings news on Progressive Waste Solutions click here.
Shares of Progressive Waste Solutions closed at $25.69 yesterday.
... MoreMarket Wrap: Netflix Smashes Q4 Expectations; Builder Confidence Firm in Jan.; Merger Tuesday
January 19, 2016 5:25 PM ESTMarket wrap for January 19th
End of the Day: S&P 500 up 1.0 to 27.9; Dow Jones up 27.9 to 16,016.02; Nasdaq down 11.5 to 4,476.95
Market Brief: Markets popped higher Monday after data showed China's growth rate didn't slow more than expected last year. GDP for China was 6.9 percent for 2015 (6.8 percent for Q4), which is the slowest growth seen in the country for 25 years.
Large banks Bank of America and Morgan Stanley reported confidence Q4 results, helping to drive shares higher.
Netflix gained in late trading after... More
S&P Reaffirms Ratings on Waste Connections (WCN) Amid Move to Merge with Progressive Waste Solutions (BIN)
January 19, 2016 12:27 PM ESTStandard & Poor's Ratings Services said today that it has affirmed its 'BBB+' corporate credit rating on Waste Connections Inc. The outlook is stable.
At the same time, we affirmed all of our 'BBB+' issue-level ratings on Waste Connections' existing debt.
"While we believe that the proposed merger will strengthen Waste Connections' business risk profile, we continue to assess the company's business risk profile as being at the higher end of our strong category," said Standard & Poor's credit analyst... More
