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Stock Market & Financial Investment News

News Breaks
January 29, 2014
12:16 EDTBINProgressive Waste acquires 19.9% interest in TerraCycle Canada
Progressive Waste Solutions announced that it acquired a 19.9% interest in TerraCycle Canada. TerraCycle Canada collects and recycles pre-and post-consumer waste streams ranging from cigarette butts to coffee capsules to drink pouches - that are otherwise sent to landfill or incinerated. The companies are beginning to cooperate on a range of recycling initiatives throughout Canada to bring more recycling options to Progressive Waste Solutions' commercial, governmental and residential customers. TerraCycle Canada is proud to officially announce a corporate rebranding as a 'Progressive Waste Solutions Partner'. This partnership will include Progressive Waste Solutions offering TerraCycle's premium recycling services in many of their contract bids - thereby providing Progressive Waste Solutions customers with advanced options that are available from no other waste management company for recycling otherwise non-recyclable waste streams.
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February 27, 2015
07:37 EDTBINMisperception on Progressive Waste creates buying opportunity, says RBC Capital
RBC Capital believes that Progressive Waste reported solid Q4 results, while the company's guidance, after adjusting for capex and foreign exchange changes, shows that the company is executing successfully. The firm says that although it looks like the company's growth is negative, this is not the case. RBC Capital keeps a $34 price target and Outperform rating.
February 26, 2015
06:40 EDTBINProgressive Waste sees FY15 adjusted EPS $1.33-$1.46, consensus $1.31
Sees FY15 revenue $2.02B-$2.04B, consensus $2.02B.
06:35 EDTBINProgressive Waste reports Q4 adjusted EPS 35c, consensus 34c
Reports Q4 revenue $504.6M, consensus $501.92M.

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