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Republic Services Inc.
RSG
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-14.57%
in
510 days
Republic Services, Inc. provides nonhazardous solid waste collection and disposal services for commercial, industrial, municipal, and residential customers in the United States. The company primarily engages in residential collection operations that include curbside collection of refuse from small containers into collection vehicles for transport to transfer stations or directly to landfills. Its commercial and industrial collection operations include the supply of waste containers of various sizes to construction sites and rental of compactors to large waste generators, as well as the prov...
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From the Blogosphere
RSG Remains Stable – Analyst Blog
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Republic Services, Inc. (RSG) posted third-quarter earnings of 39 cents per share, beating the Zacks Consensus Estimate of 37 cents. However, EPS was down 20%, compared to the prior-year quarter. Revenues stood at $2,073.5 million, compared to $834.0 million in the third quarter of 2008. The current quarter includes financial results of Allied Waste Industries, Inc., which merged with Republic Services in December 2008. On a combined company basis (assuming the companies were merged in January 2008), internal growth in the third quarter was a negative 12.8%. A positive contribution of 2.8%...
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Notable Mergers and Acquisitions of the Day 3/20: WCN, IM, IMMR, CTAS, KGC
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StreetInsider.com Notable Mergers and Acquisitions of the Day:<> Waste Connections (NYSE: WCN) announced that it has entered into an agreement to purchase the Potrero Hills Landfill in Northern California from Republic Services, Inc. (NYSE: RSG). The landfill, located in Suisun City, California, is being divested as a result of Republic Services' recent merger with Allied Waste Industries, Inc. The transaction remains subject to customary closing conditions, including regulatory approval. Closing is expected to occur during the second quarter of 2009. Terms of the deal were not disclosed.
<>In>>...
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The Long Case for Waste Management
I like Waste Management (WMI). It makes sense as a use for new money, but don't buy now. It's apt to go down like all securities in the current market. Good companies that continue to throw off good cashflow returns go down along with the poor earners. Study WMI, but be patient and buy it later. You will be rewarded. <>Waste Management is a great company with a huge moat around its franchise. It is the nation's largest garbage company and now operates as almost a douopoly now that Republic Services (RSG) has acquired Allied Waste. These two companies now control over 40% of the country's waste>...
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Bill Gates Takes 5.2% EK Stake; A Look At His Holdings
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Is there still hope for Eastman Kodak (EK)? The company continues to struggle with the rapid transition of the photography market to digital images from film. Kodak’s Q4 sales were down 24% from a year ago, and ongoing losses have the Street worried about its long-term viability. And Kodak, like many companies, is scrambling to cut costs, recently announced plans to cut 4,000 jobs. <>Nonetheless, it turns out this morning that the company has attracted no less a fan than Bill Gates. In a filing with the SEC, the Microsoft co-founder disclosed a 5.2% stake in the company’s shares, with <>><>>><><>>><><><>><>>><><>><>>><><>><>>><><>><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>>><><><>< />><>< />><>< />><>< />><>< />>>< />>...
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Analyst upgrades, downgrades and initiations: BBY, K, SNDK, H, ERIC
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