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Financials

  • Nucor declares 178th cash dividend

    The board of directors of Nucor Corporation declared the regular quarterly cash dividend of $0.3775 per share on Nucor’s common stock. This cash dividend is payable on November 9, 2017 to stockholders of record on September 29, 2017, and is Nucor’s 178th consecutive quarterly cash dividend.

    Published in the October 2017 Edition of American Recycler News

  • Casella shows increased revenues in first half of 2017

    Casella Waste Systems, Inc., a regional solid waste, recycling and resource management services company, reported its financial results for the six month period ended June 30, 2017.

  • Covanta declares regular quarterly cash dividend

    Covanta Holding Corporation announced that the board of directors has declared a quarterly cash dividend of $0.25 per share, payable on October 6, 2017 to stockholders of record as of the close of business on September 28, 2017.

    Published in the October 2017 Edition of American Recycler News

  • Waste Management reports increased revenues

    Waste Management, Inc. disclosed financial results for its quarter ended June 30, 2017.

  • Republic Services reports double digit earnings growth

    Republic Services, Inc. reported net income of $202.9 million, or $0.60 per diluted share, for the 3 months ended June 30, 2017, versus $180.8 million, or $0.52 per diluted share, for the comparable 2016 period. Excluding certain gains and expenses, on an adjusted basis, net income for the three months ended June 30, 2017, was $205.9 million, or $0.61 per diluted share, versus $189.5 million, or $0.55 per diluted share, for the comparable 2016 period.

  • Nucor reports results for second quarter and first half

    Nucor Corporation reported consolidated net earnings of $323.0 million, or $1.00 per diluted share, for the second quarter of 2017.

  • Novelis reports net income increased from previous year

    Novelis, a leader in aluminum rolling and recycling, reported net income of $101 million for the first quarter of fiscal year 2018, compared to net income of $24 million in the prior year period.

  • Timken declares 381st quarterly dividend

    The board of directors of The Timken Company, a leader in engineered bearings and mechanical power transmission products, declared a quarterly cash dividend of $.27 per share. The dividend is payable on September 1, 2017, to shareholders of record as of August 22, 2017.

    This marks the 381st consecutive quarterly dividend paid on the common shares of the company since The Timken Company joined the New York Stock Exchange in 1922, one of the longest-running dividend records among NYSE-listed companies

    Published in the September 2017 Edition of American Recycler News

  • Nucor reports increased sales

    Nucor Corporation disclosed consolidated net earnings of $323.0 million, or $1.00 per diluted share, for the second quarter of 2017.

  • Meridian Waste reports first quarter results

    Meridian Waste Solutions, Inc., a vertically integrated, non-hazardous solid waste services company, reported financial and operational results for the three-month period ended March 31, 2017.

  • TJM Capital invests in SAS of Luxemburg

    TJM Capital Partners, through its portfolio company, Builtrite Holdings, LLC, announced its investment in SAS of Luxemburg, Ltd.

  • Cooper Tire & Rubber Company declares quarterly dividend

    Cooper Tire & Rubber Company disclosed that a quarterly dividend of 10.5 cents per share on common stock would be payable on June 30, 2017 to stockholders of record at the close of business June 1, 2017.

  • Sonoco increases stock dividend by 5.4 percent

    Sonoco, a large global packaging company, reported financial results for its first quarter, ending April 2, 2017.

  • Advanced Disposal reports quarterly results

    Advanced Disposal Services, Inc. reported revenue for the 3 months ended December 31, 2016 of $352.0 million versus $349.6 million in the same period of the prior year.

  • Waste Connections reports increased revenues

    Waste Connections, Inc. announced its results for the fourth quarter of 2016. Revenue in the fourth quarter, which included $497.9 million from the Progressive Waste acquisition completed on June 1, 2016, totaled $1.049 billion, up from $531.9 million in the year ago period.

  • Recycled metals market: Making a comeback

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    The recycled metals market is seeing the first signs of improvement in months, thanks in part to more and more people becoming optimistic that the economy and the infrastructure changes being proposed by the new Trump administration will have a big impact on the metal markets.

  • Waste Management reports increased revenues and recycling volumes for 2016

    Waste Management, Inc. reported financial results for its year ending 2016. The company reported revenues of $13.6 billion, compared with $13.0 billion for 2015.

  • Schnitzer shares second quarter fiscal 2017 results

    Schnitzer Steel Industries, Inc. shared preliminary results for its second quarter ended February 28, 2017. Schnitzer expects second quarter earnings per share from continuing operations to be in the range of $0.37 to $0.40 and adjusted earnings per share to be in the range of $0.34 to $0.37.

  • SolarEdge reports fourth quarter 2016 results

    SolarEdge Technologies, Inc., a global leader in PV inverters, power optimizers, and module level monitoring services, reported its financial results for the quarter ended December 31, 2016.

  • Recycled copper and brass markets are improving

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    During the past few years, the increased use of copper for innovative strategies combined with a strong growth in emerging economies, has resulted in significantly higher copper demand.

  • Republic reports 2016 results

    Republic Services, Inc. reported net income of $189.5 million, or $0.55 per diluted share, for the three-months ended December 31, 2016, versus $172.3 million, or $0.49 per diluted share, for the comparable 2015 period.

  • US Ecology declares quarterly dividend

    US Ecology, Inc. declared that stockholders of record on January 20, 2017 received a quarterly cash dividend of $0.18 per common share, payable on January 27, 2017. The company currently has 21.7 million shares outstanding and estimates that approximately $3.9 million in cash will be paid out for the declared quarterly dividend.

    Published in the February 2017 Edition of American Recycler News

  • Schnitzer reports auto and metals recycling delivers best first quarter since 2012

    Schnitzer Steel Industries, Inc. reported a loss per share from continuing operations of $0.05 for the fiscal 2017 first quarter ended November 30, 2016 and an adjusted loss per share from continuing operations of $0.03.

  • The expansive effect of the commodities market

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    The automotive industry continues to see increased growth and demand for parts and accessories (P&A), especially online.

  • Timken declares 378th consecutive cash dividend

    The board of directors of The Timken Company, a global leader in bearings and mechanical power transmission products, declared a quarterly cash dividend of $.26 per share. The dividend was payable on December 2, 2016, to shareholders of record as of November 22, 2016.

    Published in the December 2016 Edition of American Recycler News

  • Republic Services issues sustainability report for 2015

    Republic Services, Inc. released its latest Sustainability Report for the 2015 Fiscal Year.

  • Pension plan invests in Advanced Disposal Services

    Canada Pension Plan Investment Board (CPPIB) has invested $280 million in convertible preferred equity securities of a parent company of Advanced Disposal Services, Inc.

  • US Ecology declares quarterly dividend

    US Ecology, Inc. declared that stockholders of record on October 21, 2016 will receive a quarterly cash dividend of $0.18 per common share.

    The company currently has 21.7 million shares outstanding and estimates that approximately $3.9 million in cash will be paid out for the declared quarterly dividend.

    Published in the November 2016 Edition of American Recycler News