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commodity pricing and insider CVA buy +4

16:35 22-Feb-16


There was a new open market insider buy of 15,000 CVA shares by CEO Stephen Jones on Friday.  Additionally, both oil and metal prices were bouncing upwards today.  Though those are a small component of Covanta's current income, the percentage tends to increase along with the commodity prices, whereas input costs do not.  Thus, if the trend continues, Covanta should be a very lucrative call, in addition to being well-timed.