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News In Considerations: Covanta Holding Corporation (NYSE:CVA), Flotek Industries Inc. (NYSE:FTK), Eli Lilly and Company (NYSE:LLY)

News In Considerations: Covanta Holding Corporation (NYSE:CVA), Flotek Industries Inc. (NYSE:FTK), Eli Lilly and Company (NYSE:LLY)
Written by
Ryan Mitchell
Published on
October 23, 2014
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Covanta Holding Corporation (NYSE:CVA) released that its third quarter earnings of $0.26 a share, excluding non-recurring items, $0.05 improved than the Capital IQ Consensus anticipates of $0.21; revenues dropped 2.6 percent year/year to $414M as compared to the $429.32M consensus. Shares of Covanta Holding Corporation (NYSE:CVA) opened at $21.21 with 130.93 million outstanding shares and hit to its highest price of $21.36 during the day and finally closed at $21.19 by scoring 0.09%. In the whole session, it traded on volume of 1.76 Million shares, which turned higher than its average volume.Flotek Industries Inc. (NYSE:FTK) released its third quarter result on earnings of $0.26 per share, $0.03 improved than the Capital IQ Consensus antic pats of $0.23; revenues surged 18.7% year/year to $116.8 mln vs the $114.33 mln consensus. The company pre-announced that it expected revs to exceed $115M. On the other consideration, Flotek Industries Inc. (NYSE:FTK) begun last trade with a price of $22.07 and throughout the trading session climbed at $22.46. The day-trade ended with a lose of -2.22% to closed at $21.57. The stock is going forward its fifty-two week low with 16.53% and lagging behind from its 52 week high price with -34.48%. FTK last month stock price volatility remained 4.92%.Eli Lilly and Company (NYSE:LLY) and Zymeworks reported that its extension of strategic licensing and collaboration contract; LLY opts to enlarge the collaboration by up to potentially $375M in milestones and other payments (LLY). Originally released that in January 2014, the global strategic collaboration is focused on the development of an undisclosed number of novel bi-specific antibody therapeutics using Zymeworks' proprietary Azymetric platform. Eli Lilly and Company (NYSE:LLY) stock hit highest price at $65.30, beginning with a price of $64.59 to the closed at 64.68 by a lose of remains unchanged with a day range of $64.58-$65.30. The total market capitalization remained 69.317 Billion, total volume of 4.29 Million shares held in the session was surprisingly higher than its average volume of 3854.74 shares.

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