Weekly News Bulletin: Oct. 26-Nov. 1, 2005

 

Sam's Club, Envirosmart Roll out New Recycling Initiative

Sam's Club and EnviroSmart are launching an effort to broaden recycling efforts. Eleven Sam's Club locations in Alabama, Arkansas, California, and Missouri are offering drop-off locations for inkjet and laser toner cartridges, as well as old cell phones and batteries. Similar programs are already in place at stores in Michigan and Texas...Read More »

 

 

Metal Management Reports Quarterly Results

Metal Management (NASDAQ: MTLM) has announced results for its second quarter ended Sept. 40. The company had net sales of $378 million and net income of $16.9 million; this compares to $425 million and $34.1 million, respectively, for the same period a year ago. During the quarter, approximately 1.2 million tons of metal were processed and sold or brokered...Read More »

 

 

Waste Industries Reports Increased Revenue

Waste Industries USA (NASDAQ: WWIN) has reported results for its third quarter ended Sept. 30, 2005. For the quarter, revenue increased 11.9 percent to $82.9 million, operating income decreased 2.6 percent to $7.4 million, and income from continuing operations was $3.0 million, a 12 percent decrease from 2004...Read More »

 

 

Republic Services Releases Quarterly Results

Republic Services (NYSE: RSG) has reported net income of $63.8 million for the quarter ended Sept. 30, 2005, up from $62.5 million for the same period last year. Revenue in the quarter increased 4.3 percent to $730.0 million from $699.9 million. Operating income was $119.4 million, up from $116.5 million...Read More »

 

 

Pennsylvania Supreme Court Upholds Landfill Regulations

The Pennsylvania Supreme Court has upheld regulations of the state Department of Environmental Protection requiring landfill operators to demonstrate that proposed landfill construction or expansion will prove more beneficial than problematic. Two landfill operators had argued that the "harms-benefits test" was beyond the authority of the state, but the court disagreed...Read More »

 

 

Waste Management Names New Senior VP

Waste Management Inc. (NYSE: WMI) has appointed James Schultz as the new Senior Vice President of Employee and Customer Engagement. The position was created to help implement new strategic initiatives and differentiate the company. Schultz previously served as Vice President of Health and Safety...Read More »

 

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