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Financials

  • Cascades to invest $21 million

    Cascades Inc., a recovery and manufacturer of green packaging and tissue products, announced a $21 million investment in its Cascades Inopak and Plastiques Cascades plants to acquire equipment that will enable an increase of production of food packaging, primarily for the fresh protein market.

  • Novelis reports record results

    Novelis, a leader in aluminum rolling and recycling, reported net income of $307 million for the second quarter of fiscal year 2018, compared to a net loss of $89 million in the prior year period.

  • Waste Connections increases cash dividend

    Waste Connections, Inc.’s board of directors has declared a 16.7 percent increase in the regular quarterly cash dividend on the company’s common shares. The regular quarterly cash dividend, which increases from $0.12 U.S. per common share of the company to $0.14 U.S. per common share of the company, were paid on November 22, 2017, to shareholders of record on the close of business on November 8, 2017. The board intends to review the quarterly dividend each October, with a long-term objective of increasing the amount of the dividend.

    Shareholders of Waste Connections whose common shares are held by a bank or broker that participates in U.S. depositary DTC will receive payment of their dividends in U.S. dollars. Shareholders of Waste Connections whose common shares are held by a bank or broker that participates in Canadian depositary CDS will receive payment of their dividends in Canadian dollars.

    Shareholders of Waste Connections who hold their shares in direct registration with Computershare, the company’s transfer agent, will receive payment of their dividends in Canadian dollars if they are residents of Canada, as reflected in Waste Connections’ shareholders register, and will receive their dividend payments in U.S. dollars if they are not residents of Canada, including if they are residents of the U.S.

    Published in the December 2017 Edition of American Recycler News

  • Enevo secures funding to accelerate expansion into waste services

    Enevo formally announced the company’s expansion into waste and recycling services. Building upon its dumpster sensor technology and waste analytics business, Enevo now offers full management of waste services for new and current restaurant, retail and commercial property customers.

  • Novelis achieves 55 percent recycled inputs in 2017

    Novelis Inc. published its fiscal year 2017 Sustainability Report, detailing continued progress against the company’s ongoing sustainability commitments and goals.

  • U.S. Ecology declares quarterly dividend

    US Ecology, Inc. declared that stockholders of record on October 20, 2017 received 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. The company has paid quarterly dividends continuously since 2005. The company’s current annual dividend yield approximates 1.4 percent.

    Published in the November 2017 Edition of American Recycler News

  • 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.