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90% of Covanta's Dublin facility now contracted +1
16:44 08-Sep-16
Covanta has now secured 90% of the capacity for its processing facility in Dublin, Ireland. This was expected and shouldn't move the stock much. I see the worsening macro environment as outweighing this development, and I'm not inclined to chase CVA much above $15. That's despite the ongoing search for yield and some upcoming investor presentations.