Mon, Jan 26, 2015, 9:53 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Waste Management, Inc. Message Board

  • mqsadoc mqsadoc Sep 5, 2012 11:23 AM Flag

    Why Big Gap Down 2day?

    Anybody know why the large gap down today? I know it is ex-divy date which should have dropped the share price by about 36 cents. But, we are down by about 80 cents !! No overnight news I can find which would cause this. Both DJI and S&P up by a fractional basis. Any of you long-terms on this equity got any ideas?

    Sentiment: Hold

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • JPM downgrade .. i have to admit , that i'm a bit surprised at the impact , but what the heck ... gives us
      a buying opp with the higher div rate ....

      BTW .. does anyone here follow HEK ??

    • Well, I wonder if this is the cause ---------

      Wed Sep 5, 2012 2:38pm EDT

      Sept 5 (Reuters) - Waste Management Inc on Wednesday
      sold $500 million of senior unsecured notes, said IFR, a Thomson
      Reuters service.
      Bank of America Merrill Lynch, Barclays Capital and BNP
      Paribas were the joint bookrunning managers for the sale.

      BORROWER: WASTE MANAGEMENT

      AMT $500 MLN COUPON 2.9 PCT MATURITY 09/15/2022
      TYPE SR NTS ISS PRICE 99.681 FIRST PAY 03/15/2013
      MOODY'S Baa3 YIELD 2.937 PCT SETTLEMENT 09/12/2012
      S&P TRIPLE-B SPREAD 135 BPS PAY FREQ SEMI-ANNUAL
      FITCH TRIPLE-B MORE THAN TREAS MAKE-WHOLE CALL 20 BPS

      Sentiment: Hold

 
WM
53.21+0.21(+0.40%)Jan 26 4:05 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.