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Nuverra Environmental Solutions Inc. (NES) [hlAlert]

Rating:
Hold HEK

HECKMANN CORPORATION (HEK) rated Hold by Craig Hallum

Posted on: Tuesday,  Aug 7, 2012  8:36 PM ET by Craig Hallum

HECKMANN CORPORATION (NYSE:
HEK) rated Hold by Craig Hallum.

Heckmann Corporation (Heckmann) was a blank check company whose objective was to acquire, through a merger, stock exchange, asset acquisition, reorganization or similar business combination, one or more operating business or businesses. The Company completed the acquisition of China Water & Drinks, Inc. (China Water), a bottled water company operating in the People?s Republic of China (China), on October 30, 2008. China Water became a wholly owned subsidiary of Heckmann. On May 19, 2008, the Company, and Heckmann Acquisition II Corp., and the Company?s wholly-owned subsidiary (Acquisition Sub), entered into an agreement and merger and reorganization (the Merger Agreement) with China Water and Drinks Inc. China Water produces bottled water products at facilities in the cities of Beijing, Guangzhou (Guangdong Province), Changchun (Jilin Province), Feixian (Shandong Province), Nanning (Guangxi Province), Shenyang (Liaoning Province) and Changsha (Hunan Province).

Craig Hallum
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/25/2012 8:25 AM Hold
None
36.70
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/7/2012 8:36 PM Hold
None
27.50

(*) Stock Price at the time of the recommendation.
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