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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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August 28, 2014
09:57 EDTBINOn The Fly: Analyst Upgrade Summary
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07:58 EDTBINProgressive Waste upgraded to Outperform from Market Perform at BMO Capital
BMO Capital upgraded Progressive Waste to Outperform based on improving industry fundamentals, a pick up in pricing, and upside free cash flow upside form operational and capital discipline. Price target raised to $30 from $26.
August 26, 2014
08:04 EDTBINProgressive Waste renews normal course issuer bid
Progressive Waste announced that it has received approval from the Toronto Stock Exchange, or TSX, to renew, for a 12-month-period, its normal course issuer bid, or NCIB, effective August 28. In July, the company's board authorized a share repurchase program of up to $400M through December 31, 2017, to be implemented in accordance with TSX regulations, which require NCIBs to be renewed on an annual basis.

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