Heckmann Falls Short
Posted on August 07, 2012 at 18:11 PM EDT
Heckmann Corp. (NYSE: HEK) reported sharply higher second quarter earnings of 7 cents per share compared with break even last year due to a deferred tax benefit but the results fell short of expectations prompting downgrades. The stock price plummeted 77 cents to close at $2.61.
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