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Stock Market & Financial Investment News

News Breaks
January 31, 2013
17:01 EDTWMWaste Management acquires greenstar from NTR
Waste Management announced that its subsidiary, WM Recycle America has acquired Greenstar from NTR. The acquisition will provide Waste Management's customers with greater access to recycling solutions by adding the operations of one of the nation's largest private recyclers to Waste Management's already extensive recycling network. In 2012, the acquired operations of Greenstar and its subsidiaries managed approximately 1.5m tons of recycled material for over 12,000 customers through 12 material recovery facilities, including seven single-stream plants, and a brokerage business for recovered material. With this acquisition, Waste Management will have capacity to manage approximately 15 million tons annually of recyclable materials for municipal, industrial, and commercial customers.
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August 27, 2014
09:53 EDTWMOn The Fly: Analyst Upgrade Summary
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07:18 EDTWMWaste Management upgraded at Stifel
As noted earlier, Stifel upgraded Waste Management to Buy from Hold. The firm upgraded the stock after learning that the company is looking to reduce its workforce by 600 employees. The firm expects the company's traditional baseline free cash flow to reach $1.4B and grow 4%-6% over the long-term. Target $55.
06:09 EDTWMWaste Management upgraded to Buy from Hold at Stifel
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