Oil refineries dotting the East Coast are still assessing Sandy's damage. But because the area is home to so many refiners -- and as of Wednesday, 70% of capacity was idled because of flooding -- it is likely that some cleanup is necessary.
Clean Harbors and Seacor Holdings are two companies primed to benefit. Clean Harbors is the largest hazardous waste disposal and environmental cleanup provider in North America. Seacor is another cleanup company that worked alongside Clean Harbors during the BP Gulf oil spill. Investors bid up both stocks Wednesday.
With mass transit snarls and power outages in lower Manhattan, some finance workers went to great lengths to get the trades flowing again on Wednesday.
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.75% | 3.66% | |
| 15 yr fixed | 2.89% | 2.79% | |
| 5/1 ARM | 2.66% | 2.59% | |
| 30 yr refi | 3.74% | 3.64% | |
| 15 yr refi | 2.89% | 2.79% |
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