International Business News - RSG http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Republic Services Inc. and Allied Waste Industries Inc. agreed Wednesday to sell certain assets in order to push ahead a pending $4.5 billion acquisition that would create the second-largest U.S. trash hauling company, the Justice Department said. http://www.ibtimes.com/articles/20081203/republic-services-allied-waste-ok-deal-with-govt.htm Wed, 03 Dec 2008 19:00:50 EST Moody's Investors Service lowered Republic Services Inc.'s senior unsecured rating Wednesday but kept it at the investment grade level, citing the company's proposed combination with Allied Waste Industries Inc. http://www.ibtimes.com/articles/20081203/moodys-lowers-republic-services-rating.htm Wed, 03 Dec 2008 14:25:56 EST Standard & Poor's Ratings Services said Tuesday that its ratings for Republic Services Inc. and Allied Waste Industries Inc. remain under review after shareholders from both companies approved a deal to combine the two and create the second-largest U.S. trash-hauling company. http://www.ibtimes.com/articles/20081118/s-p-still-reviewing-republic-and-allied-ratings.htm Tue, 18 Nov 2008 15:20:43 EST Shareholders of Republic Services Inc. and Allied Waste Industries Inc. on Friday approved a merger creating the second-largest U.S. trash-hauling company. http://www.ibtimes.com/articles/20081114/shareholders-approve-waste-industry-merger.htm Fri, 14 Nov 2008 19:15:04 EST The waste-hauling industry is benefiting from lower diesel fuel costs but remains under pressure due to the weakening economy, an analyst said Monday. http://www.ibtimes.com/articles/20081110/analyst-see-strengths-in-waste-industry.htm Mon, 10 Nov 2008 15:40:32 EST Among the stock activity stories for Monday, Nov. 3, from AP Financial News: NEW YORK (AP)--Shares of biotechnology company Biogen Idec Inc. gained ground Monday as analysts issued upgrades with positive outlooks for the company's multiple sclerosis drugs despite another report of a rare brain disease. http://www.ibtimes.com/articles/20081103/movers-roundup-biogen-idec-hartford-financial.htm Mon, 03 Nov 2008 16:16:58 EST An analyst on Monday cut revenue and per-share earnings estimates for trash hauler Republic Services Inc., warning of reduced trash removal in a weak economy and lower surcharges for gas used to run garbage trucks. http://www.ibtimes.com/articles/20081103/analyst-cuts-estimates-for-republic-services.htm Mon, 03 Nov 2008 20:48:21 EST Among the stock activity stories for Thursday, Oct. 30, from AP Financial News: CHICAGO (AP)--Shares of the world's largest office supply chain, Staples Inc., rallied Thursday amid an analyst upgrade and a daylong meeting with investors in which the retailer laid out its business strategy. http://www.ibtimes.com/articles/20081030/movers-roundup-staples-hartford-financial.htm Thu, 30 Oct 2008 19:36:53 EDT Republic Services Inc., a trash hauling company set to buy rival Allied Waste Industries Inc., said Thursday its third-quarter profit rose 32 percent as cost controls and consistent pricing offset the effect of declining volumes. http://www.ibtimes.com/articles/20081030/republic-services-posts-22-percent-gain-in-3q.htm Thu, 30 Oct 2008 19:25:14 EDT Trash hauler Republic Services Inc. said Thursday it has agreed to settle shareholder lawsuits challenging its pending purchase of rival Allied Waste Industries Inc. and its rejection of a deal with industry leader Waste Management Inc. http://www.ibtimes.com/articles/20081030/republic-services-settles-lawsuits.htm Thu, 30 Oct 2008 15:44:43 EDT Shares of trash hauler Republic Services Inc. rose nearly 17 percent Thursday after two competitors reported strong third-quarter profit gains. An analyst said he expects the Fort Lauderdale, Fla., company to "continue the trend" when it reports results after the market closes Thursday. http://www.ibtimes.com/articles/20081030/republic-services-up-as-competitors-report-gains.htm Thu, 30 Oct 2008 20:39:47 EDT Waste Management's third-quarter profit rose nearly 12 percent, aided by price increases and fuel surcharges, and the nation's largest trash hauler expects that garbage removal won't suffer like other businesses in a global slowdown. http://www.ibtimes.com/data/articleimgs/163892-earns-waste-management.jpg http://www.ibtimes.com/articles/20081030/waste-management-3q-profit-rises-nearly-12-pct.htm http://www.ibtimes.com/articles/20081030/waste-management-3q-profit-rises-nearly-12-pct.htm Thu, 30 Oct 2008 18:08:23 EDT Allied Waste Industries Inc. said Wednesday its third-quarter profit surged fivefold due in part to higher prices driving up sales. For the period ended Sept. 30, the waste hauler said net income after paying preferred dividends rose to $112.5 million, or 26 cents per share, from $17.8 million, or 5 cents per share, in the year-ago period, which included $49.1 million in various charges. http://www.ibtimes.com/articles/20081029/allied-waste-3q-profit-soars-on-higher-revenue.htm Wed, 29 Oct 2008 17:31:33 EDT Waste Management Inc., the nation's No. 1 waste hauler, reports earnings for the third quarter before the market opens Thursday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081029/earnings-preview-waste-management-sees-3q-beat.htm Wed, 29 Oct 2008 10:10:23 EDT An analyst Wednesday morning reiterated an "Outperform" rating on Allied Waste Industries Inc.--which is being purchased by Republic Services Inc.--ahead of the waste hauler's third-quarter report scheduled for after the market closes. http://www.ibtimes.com/articles/20081029/ahead-of-the-bell-analyst-bullish-on-allied-waste.htm Wed, 29 Oct 2008 08:14:46 EDT DEEP FREEZE--The locked credit markets have brought mergers and acquisitions to a near halt this month as financing remains scarce and potential buyers are much more wary of taking on new risks. http://www.ibtimes.com/articles/20081019/summary-box-m-a-slows-on-credit-freeze.htm Sun, 19 Oct 2008 15:29:40 EDT The once frenzied pace of corporate acquisitions in many industries has come to a near standstill in the face of frozen credit and plunging global financial markets. The volume of withdrawn bids also has skyrocketed to record levels, leaving it unclear when the merger market will pick up again. http://www.ibtimes.com/articles/20081019/frozen-credit-market-turmoil-put-mergers-on-ice.htm Sun, 19 Oct 2008 15:23:40 EDT Trash haulers Republic Services Inc. and Allied Waste Industries Inc. say they have nearly wrapped up their work merging the two companies. Republic, the nation's third-largest waste collector, and Allied Waste, the second-largest, on Thursday filed a preliminary proxy with the U.S. Securities and Exchange Commission providing details of the deal. http://www.ibtimes.com/articles/20081017/republic-services-allied-buyout-nearly-complete.htm Fri, 17 Oct 2008 10:44:23 EDT The government's efforts to crank open the credit markets have led to some mild improvements in lending rates and Treasury bill yields. But it will probably take months, and perhaps a few years, before lending returns to healthier levels. http://www.ibtimes.com/articles/20081014/credit-markets-see-more-gradual-improvements.htm Tue, 14 Oct 2008 22:21:04 EDT Among the stock activity stories for Tuesday, Oct. 14, from AP Financial News: NEW YORK (AP)--Microsoft Corp. shares declined Tuesday as at least two analysts lowered their estimates for the world's largest software company amid a potential global recession. http://www.ibtimes.com/articles/20081014/movers-roundup-microsoft-general-electric.htm Tue, 14 Oct 2008 14:31:13 EDT