Converted Organics just announced that they have shipped their LC 1-1-1 liquid organic fertilizer to Liberty Acres Fertilizer Corporation, a major East Coast fertilizer distributor with centers in Florida, Georgia, South Carolina and North Carolina. The company expects to ship more of this product to Liberty Acres in the next few weeks.
In a press release, David A. Flannery, Vice President of Marketing for Converted Organics, commented on the news:
Darling Intl (DAR) reported results after the bell today that were considerably below analyst estimates. The company reported a Q4 EPS of $0.11, versus the analyst estimate of $0.17 on revenues of $149.6 million, vs the estimate of $163.18 million. That’s a big improvement on the EPS side from the year ago quarter in which the company reported a -.04/share loss, but revenues were flat. Shares are down about 8% AH on the miss.
Covanta Holding (CVA), the waste to energy giant, reported less than stellar results after the bell today missing analyst estimates across the board. The company reported an EPS of .18/share which missed analyst views of .23/share, but was a 20% improvement over the year ago quarter. Revenues missed as well at $407 million ($20 million shy of analyst estimates) and were off 2% from the year ago quarter. All in all, not an awful quarter … Read the rest
Appliance Recycling Centers of America just announced that their contract with Xcel Energy has been extended through the end of 2010. Under the contract, Appliance Recycling Centers of America will provide refrigerator recycling services to Xcel’s customers. Xcel is offering a $35 incentive to each residential customer who disposes of an old refrigerator, in order to encourage them to trade old appliances in for new, more efficient ones.
With the explosion in the popularity of anything “green” including stocks, comes the unscrupulous, the frauds and the spammers. Certainly the stock market industry is littered with .. to be perfectly frank.. crap. Part of the goal in creating GreenStocksCentral.com was to not only keep you up to speed with all the latest news in the world of green stocks along with highlighting the best opportunities, but to steer you in the direction of top … Read the rest
Covanta Holding Corporation just announced that it has finished acquiring a 3,000 ton per day energy-from-waste operating contract in Miami-Dade County, FL. This is the final stage of Covanta’s acquisition of Veolia’s North American energy-from-waste business, which was announced previously.
Including the Miami-Date contract, Covanta acquired 6 EfW long-term operating contracts plus an EfW facility and transfer station in Pennsylvania. Covanta paid $450 million for the businesses and they are expected to contribute $60 million … Read the rest
I’m happy to say that all the green stocks tracking pages (links above) now display a real time twitter feed of the stocks that I’m tracking in each section! I just put it up today, so undoubtedly there will be bugs and issues to deal with, such as the occasional spam poster. I’ll be exploring other ways to help keep you up to speed on all the latest and greatest in the world of green … Read the rest
Converted Organics just announced that its Caribbean distributor has received an order for its organic fertilizer from Walmart of Puerto Rico. Quantities were not specified, but the products ordered were Converted Organics’ Lawn & Turf™ 8-1-4, Flower & Garden™ 4-1-8 and Indoor & Container™ 4-1-8 organic fertilizer products.
In a , Edward J. Gildea, President of Converted Organics, commented on the news:
As an island ecology, Puerto Rico is sensitive to the use of petrochemicals. … Read the rest
Darling International just announced that it has completed its acquisition of Sanimax’s rendering, grease collection and trap servicing business in Ohio and Indiana, along with some of its business in Pennsylvania and Michigan. This provides an additional source of raw materials for Darling’s food by-products recycling business.
In a press release, Chairman and Chief Executive Officer Randall Stuewe commented on the acquisition, saying
“We are pleased to have the opportunity to add these businesses to … Read the rest
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