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How The Unprofitability Of Recycling Affects Everyone
Thursday, May 28, 2015 - 4:04pm | 398Recycling is not profitable anymore and that's creating a problem not only for companies engaged in that business, but for consumers as well. David Steiner, Waste Management, Inc. (NYSE: WM) CEO, was on CNBC Thursday to explain the economics behind recycling and how recycling can make a...
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Waste Management, Commodity Price Burden And The Efficiency Need
Thursday, April 30, 2015 - 2:49pm | 379Waste Management, Inc. (NYSE: WM) reported worse-than-expected first quarter earnings on Wednesday. Revenue for the company was down from $3.4 billion to $3 billion year-over-year, while the diluted EPS came in at a negative $0.28, compared to the $0.49 it reported for the same quarter last year...
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Waste Management CEO: 'It's Always Better To Be Lucky Than Good'
Wednesday, April 1, 2015 - 12:49pm | 354The business of waste management, after going through some troubled times, has started to make a comeback on back of lower energy prices. Waste Management, Inc. (NYSE: WM) CEO David Steiner was on CNBC Tuesday to discuss the outlook for the company and why he sold the electricity generation unit...
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Waste Management CEO: Lower Paper Prices Have Made Recycling 'Not Profitable'
Friday, February 13, 2015 - 4:26pm | 393Waste Management, Inc. (NYSE: WM) shares opened lower today following a Downgrade by Stifel analyst Michael Hoffman from Buy to Hold. He also removed the price target of $57 on the stock. David Steiner, Waste Management president and CEO, was on CNBC recently to discuss how commodity prices...
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Waste Management's CEO David Steiner Talks Recycling Innovations And Natural Gas
Friday, May 31, 2013 - 11:03am | 571David Steiner, Waste Management's CEO, appeared on CNBC's Squawk Box to talk about the company's current success and future plans. Waste Management's (NYSE: WM) stock has been doing well. Steiner noted that single stream recycling gives people a new convenience. It also helps with profits. Before...