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Fly News Breaks for December 7, 2015
CVA
Dec 7, 2015 | 07:32 EDT
As noted earlier, Stifel downgraded Covanta to Hold from Buy. The firm downgraded the stock after the company failed to announce a dividend increase. The firm says that the decision indicates that the company is concerned about its free cash flow and indicates that it does not fully support its CEO.
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