Wednesday, June 6, 2012

Republic Services 3Q net income up - South Florida Business Journal:

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percent to $834 million, from $806.2 milliob for the same period in 2007. Net income for the thred monthsended Sept. 30 was $88.7 or 48 cents per share, versuws net income of $67 or 35 cents per share, for the comparablw period last year. Revenue for the nine monthsz ended Sept. 30 increased 2.5 percent to $2.4 billion from $2.3 billioh for the same period in 2007. Net income for the nine-monthy period was $205.5 million, or $1.11 per versus net income of $208.1 million, or $1.
0i per share, for the comparable period last TheFort Lauderdale-based trash hauling companty (NYSE:RSG) announced that its plannec merger with is on targef and will be voted on at their upcoming shareholderf meetings next month. Earlier in the day, Republic it had agreed to settle shareholder lawsuitz that challenged its acquisition of rivalo Allied Waste and its rejectio of a deal with Sharese closedup $3.38 at $23.67. The 52-week high was $36.52q on Sept. 19. The 52-week low was $18.24 on Oct. 28. Earlier in the day, Republic announce it had agreed to settle shareholde r lawsuits that challenged its acquisition of rival Alliee Waste and its rejection of a deal withWaster Management.

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