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Price Increases and Cost Reductions Boost Waste Management, Inc. Earnings

2016-02-22 19:06:43| Waste Management - Topix.net

Waste Management announced fourth-quarter financial results on Feb. 18. The trash collection titan delivered strong profit growth and excellent cash flow generation, even as sales were sluggish. Revenues fell 5.6% to $3.25 billion, mostly because of divestitures, with foreign currency movements and lower recycling and fuel charge revenue also contributing to the decline.

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