Veolia Environnement (VE) - NYSE
VE is defunct.
  • Nov. 17, 2014, 8:49 AM
    • Veolia Environnement (NYSE:VE) +2.2% premarket, in a move attributed to a 60 Minutes segment last night discussing new evidence that the earth's groundwater is being pumped out much faster than it can be replenished.
    • So much groundwater has been pumped out of California's Central Valley that the U.S. Geological Survey says parts of the valley are literally sinking.
    • VE is not specifically mentioned in the 60 Minutes story.
    | Nov. 17, 2014, 8:49 AM | 2 Comments
  • Apr. 16, 2014, 12:25 PM
    • French waste and water companies Veolia Environnement (VE +3.8%) and Suez Environnement (SZEVF) both deny they are in merger talks or even studying such a project.
    • A report earlier today from Exane BNP Paribas said the "stars are aligned" for the companies to revisit the idea of merging after discussing the possibility two year ago.
    | Apr. 16, 2014, 12:25 PM
  • Feb. 27, 2014, 9:09 AM
    | Feb. 27, 2014, 9:09 AM | 1 Comment
  • Feb. 20, 2014, 7:45 AM
    • Veolia Environnement's (VE) Argentine subsidiary Proactiva Medio Ambiente says it secured a 10-year contract to handle the waste management of Buenos Aires.
    • The contract represents a cumulative revenue of €500M ($688M) for VE over the 10-year period.
    • VE +3.3% premarket.
    | Feb. 20, 2014, 7:45 AM
  • Nov. 7, 2013, 11:55 AM
    • Veolia Environnement (VE +2.5%) moves higher after reporting its net financial debt stood at €9.6bn at the end of Q3 vs. €10.8B at the end of last year amid otherwise lackluster earnings results.
    • Revenue for the first nine months of the year was €16.2B, down 1.9% Y/Y and in line with analysts’ expectations, but adjusted operating income rose 20.4% to €621M during the nine months.
    • VE says the conclusion of talks under way with French electricity utility EDF (ECIFF, ECIFY) to divide Dalkia’s business would lead to VE taking over 100% of Dalkia’s international activities.
    | Nov. 7, 2013, 11:55 AM | 1 Comment
  • Aug. 23, 2013, 10:47 AM
    • Veolia Environnement SA (VE -2.5%) slips this morning on the back of a downgrade by Goldman Sachs to Neutral from Buy on valuation.
    • The firm says earnings came in below its forecast, largely on what it sees as a buildup in pricing pressures.
    • No price target information was available.
    • Of note: The stock has been on a tear since Goldman upgraded the shares in a remarkably well-timed call in early July, having rocketed over 40% during the short period.
    | Aug. 23, 2013, 10:47 AM
  • Aug. 21, 2013, 9:22 AM
    • Veolia Environnement (VE) +5.8% premarket after Morgan Stanley upgrades shares to Overweight from Equal Weight, citing the company's turnaround efforts.
    • The firm says VE is "moving towards a smaller but leaner company," with water and waste management businesses that are leading globally.
    | Aug. 21, 2013, 9:22 AM
  • Aug. 21, 2013, 9:14 AM
    | Aug. 21, 2013, 9:14 AM
  • Jul. 10, 2013, 2:38 PM

    Veolia Environment (VE +4.3%) spikes after Goldman upgrades the shares to Buy from Neutral citing expectations of a "48% 2013-15 EPS compound annual growth rate" which analyst Dario Carradori notes only assumes "the company achieves 50% of its cost cutting target." Ultimately, VE's "significant restructuring potential" makes for "an attractive risk/ reward profile."

    | Jul. 10, 2013, 2:38 PM | 1 Comment
  • Dec. 11, 2012, 9:10 AM
    Premarket gainers: SOMX +101%. TNS +45%. VE +6%. CLDX +5%. URBN +5%.
    Losers: ESIO -19%.
    | Dec. 11, 2012, 9:10 AM
  • Aug. 2, 2012, 9:10 AM
    Premarket gainers: UNTD +16%. FSLR +16%. CAVM +11%. GMCR +10%. GILD +8%. GPS +7%. VHC +7%. PWR +7%. YGE +7%.
    Losers: KCG -57%. HALO -56%. MTG -40%. ARO -28%. SLTM -15%. LPSN -15%. ANF -15%. INCY -13%. VE -11%. BBVA -10%. SEE -10%. MWW -8%. RDN -7%. SAN -7%. NAV -7%. BWP -5%. BMY -5%. MTL -5%.
    | Aug. 2, 2012, 9:10 AM | 1 Comment
  • Aug. 2, 2012, 8:18 AM

    Veolia Environnement (VE) tumbles 10% in Paris trading after saying it will increase cost cutting, as the deteriorating economy in Europe forced it to book €89M ($108.8M) of writedowns in Italy, even as it swung back to a net profit of €153M in H1. BAML says investors likely will remain concerned about further writedowns, downgrading the stock to Neutral from Buy.

    | Aug. 2, 2012, 8:18 AM
  • Jul. 19, 2012, 3:16 AM

    Veolia Environnement (VE) sells its U.S. waste management business to infrastructure fund manager Highstar Capital Star for $1.909B to help repay debts. Including this deal, Veolia has achieved 60% of its planned €5B asset divestment program. Veolia +3.9% in Paris. (PR)

    | Jul. 19, 2012, 3:16 AM | 2 Comments
  • Jul. 5, 2012, 9:56 AM
    Veolia Environment (VE -8.4%) tumbles after a downgrade to Sell from UBS. The move is helping to drag down the water ETF (PHO -0.7%) as Veolia makes up 4.22% of the fund's holdings.
    | Jul. 5, 2012, 9:56 AM
  • Jul. 5, 2012, 9:10 AM
    Premarket gainers: PCX +11%. NSPH +5%. SXCI +5%. OSUR +5%.
    Losers: BKE -7%. VE -7%. BBVA -5%.
    | Jul. 5, 2012, 9:10 AM
  • Jun. 15, 2012, 9:38 AM

    Efforts by Veolia Environnement (VE +3.4%) to address its debt and recurring lack of profitability through asset disposals may bear fruit by the end of the summer, WSJ reports. VE's plans include selling up to €5B in assets in 2012-13 and slashing more than €400M in spending; a disposal of its U.K. water business is "near certain."

    | Jun. 15, 2012, 9:38 AM
Company Description
Veolia Environnement SA provides environmental management services. These services include water supply, treatment and recovery of industrial effluent, waste collection, processing and recycling among others.
Sector: Utilities
Industry: Electric Utilities
Country: France