Waste Management 1st-qtr profit falls 36 pct, with trash, prices for recycled goods down

October 14th, 2009 Spartan Stores 2Q profit falls as gas prices fallGRAND RAPIDS, Mich. — Grocery store chain Spartan Stores Inc.

September 14th, 2009 Analyst downgrades Waste ManagementHARTFORD, Conn. — Waste Management Inc.

September 13th, 2009 Researchers track 3,000 pieces of Seattle trashSEATTLE — Where does that coffee cup, disposable razor or unwanted television end up once it's tossed to the curb? Using an electronic tracking device about the size of a matchbook, MIT researchers are tagging about 3,000 pieces of Seattle trash to get people thinking about what they throw away and where it ends up. "Seeing where your trash goes allows you to change your behavior," said Assaf Biderman, associate director of MIT's SENSEable City lab and a project leader.

September 6th, 2009 ABU DHABI - A new environmentally sustainable waste management facility to process waste generated from construction activities has been unveiled in the United Arab Emirates (UAE), WAM news agency reported Sunday. The facility has been installed by Tourism Development & Investment Company (TDIC), a developer of tourism real estate assets within Abu Dhabi, in conjunction with the facilities management company Thiess Services Middle East.

August 20th, 2009 Rio Tinto's profit slumps 65 percentMELBOURNE, Australia — Mining giant Rio Tinto said sharp falls in metals and mineral prices were behind first-half profit dropping by nearly two thirds. The world's third-largest miner Thursday reported a net profit of $2.5 billion for the six months ended June 30, down 65 percent from a year earlier, and was cautious about whether recent gains in commodity prices would be sustained.

August 4th, 2009 Norway's StatoilHydro 2Q profit falls to zeroOSLO — Norwegian oil company StatoilHydro ASA on Tuesday saw its profits vanish in the second quarter and cited lower crude and gas prices. The state-controlled oil concern said its net profit for April through June period plummeted to zero kroner from 18.9 billion kroner ($3.1 billion) in the same time last year, when oil prices soared.

July 30th, 2009 Waste Management's 2Q profit falls 22 percentHOUSTON — Waste Management, the nation's largest trash hauler, said Thursday its second-quarter profit fell sharply due largely to a continuing drop in recycling prices. Net income was $247 million, or 50 cents per share, down 22 percent from $318 million, or 64 cents per share, last year.

July 30th, 2009 Waste Management 2Q profit falls 22 pct on pricesWaste Management, the nation's largest trash hauler, said Thursday its second-quarter profit dropped sharply due largely to falling recycling and energy prices. Net income totaled $247 million, or 50 cents per share, down 22 percent from $318 million, or 64 cents per share, last year.

July 30th, 2009 Waste Management's 2Q profit down on recyclingHOUSTON — Waste Management, the nation's largest trash hauler, says its second-quarter profit fell sharply due largely to a continuing drop in recycling prices. Net income was $247 million, or 50 cents per share, down 22 percent from $318 million, or 64 cents per share, last year.

May 1st, 2009 Chevron 1Q profit falls 64 pct as oil prices fallHOUSTON — Chevron Corp. says its first-quarter profit fell 64 percent as it, along with competitors, was stung by lower oil and natural gas prices.

April 30th, 2009 National Mall to start recycling programWASHINGTON — The National Mall, known as America's "front yard" and stretching from the U.S. Capitol to the Lincoln Memorial, is finally getting a recycling program.

April 29th, 2009 Waste Management 1Q falls, hurt by recyclingHARTFORD, Conn. — Waste Management Inc., the nation's largest garbage collector, said Wednesday its first-quarter profit fell 36 percent as the recession hurt prices of recycled goods and lowered the amount of trash picked up.

April 25th, 2009 Landfills hurting as consumers repair, reuseDAYTON, Ohio — Thrift-driven Americans are fixing up, making do and reusing so much to cope with the recession that the drop in throwaways means less fill for landfills. To deal with the drop-off in dropoffs, landfills are laying off workers, reducing hours of operation and hiking disposal fees, with the increases passed along to cities, businesses and consumers.

March 17th, 2009 NEW DELHI - With efficient recycling technology, India can generate about 2,500 MW of electricity from the metro's waste in the next three years at a cost of Rs.3 billion (Rs.300 crore), according to an industry lobby report. The study, jointly carried out by the Associated Chambers of Commerce and Industry (Assocham) and auditing major Ernst and Young (E&Y), said about 1,500 MW of power could be generated from urban wastes, while an additional 1,000 MW could be created from industrial wastes by 2012.

February 3rd, 2009 NEW DELHI - President Pratibha Patil Wednesday urged plastic manufacturers to take adequate measures for waste management, as more than half of the plastic waste is causing harm to the environment. 'Plastics are chemically inert by nature, but it's a question of degradability which has attracted severe criticism on its applications all around,' Patil said after inaugurating the seventh International Plastics Exhibition and Conference, PlastIndia-2009, here Wednesday.