Latest news with #wasteservices
Yahoo
26-05-2025
- Business
- Yahoo
JP Morgan Maintains Neutral Rating on Republic Services (RSG), Lifts PT
On May 23, JP Morgan raised the price target on Republic Services, Inc. (NYSE:RSG) from $229 to $275 and maintained a Neutral rating on the stock. The firm updated the price target after it resumed its coverage of the waste services sector. Republic Services, Inc. (NYSE:RSG) has soared more than 26% on a year-to-date basis and is currently trading close to its 52-week high of $253.76. The noted that the company's risk-reward situation appears balanced. A fleet of trucks carrying recyclable materials, highlighting the company's transfer services. Earlier, on April 24, Republic Services, Inc. (NYSE:RSG) reported its Q1 2024 results. The company posted better-than-expected EPS of $1.58 surpassing market expectations by $0.05. Revenue for the quarter grew 3.81% year-over-year, however, missed the consensus by $36.48 million. Management noted the topline was affected by sluggish cyclical volumes and challenging winter weather, however, the company grew its EBITDA by high single-digit despite the volatility. While we acknowledge the potential of RSG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RSG and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
BBC News
23-05-2025
- Business
- BBC News
£1.8m Barnsley bins boost in bid to cut delays and improve safety
Waste services in Barnsley could be in line for a funding boost of nearly £2m to avoid a repetition of problems earlier this year which saw 100,000 bin collections missed and others seriously were badly hit by poor weather in January and did not fully recover until April after the council spent £40,000 on more agency crews and hire proposed £1.8m of extra cash would pay for a further six crews per week and ensure rounds were finished each day, according to Barnsley Higginbottom, cabinet spokesperson for environment, said the plan, to be considered by councillors, "recognises we can't return to the level of disruption we saw earlier this year". According to the council, catching up took much longer than had been hoped due to changes to the waste service as part of the authority's recent safety was prompted by a coroner's recommendations following the death of a waste operative in another part of the the last three years, 70 collisions in Barnsley had involved waste vehicles, a spokesperson for the authority Be Safe, Work Safe, Target Zero initiative had made crews work slower, but had reduced the number of avoidable accidents, they added. 'Build resilience' Higginbottom said the council must remain "absolutely focused and committed" to health and safety."It's absolutely heartbreaking that elsewhere in the country people have lost their lives working in waste and recycling," Mr Higginbottom added."We won't be complacent or risk the welfare of our employees or the public."Meanwhile, the council said it was investing in technology in waste vehicles which would supply "real-time data and insights" on missed collections, blocked roads and other said it had also proposed that new brown and blue bins be supplied to residents in an effort to save individuals money on upsizing or replacing old would also result in additional income for the council from the government's recycling incentive schemes, the spokesperson members would be asked at a meeting on 28 May to approve the £1.8m investment to "support, rebalance and build resilience into the service so rounds can be completed at the end of each day", they said: "I'm delighted to support this investment which will help make sure our staff remain safe at work while also making sure residents receive the waste collection service they expect and deserve." Listen to highlights from South Yorkshire on BBC Sounds, catch up with the latest episode of Look North
BBC News
09-05-2025
- Politics
- BBC News
New garden waste charge to be reviewed in Shropshire
A garden waste charge will be reviewed by the new Lib Dem administration at Shropshire the fee was introduced last autumn more than half the households in the council area have paid £56 to continue having their green bins charge was brought in by the previous Conservative administration to generate income and it has so far raised £ Heather Kid, the leader of the Lib Dem group which swept the Conservatives from power last week, said she wanted to look again at the way waste is collected. Kidd, the leader elect, said her party was "committed to reviewing the way that waste services are delivered, including looking at alternative models of operation for garden waste".That would include looking at how it can collect food waste from 2026, when it becomes mandatory for councils to do this, she said."We know that finances are tight, we feel there are other options we want to explore as part of a review," she people who had voted for new leadership at Shropshire Council in last weeks local elections were "rightly expecting change", she added. This news was gathered by the Local Democracy Reporting Service which covers councils and other public service organisations. Follow BBC Shropshire on BBC Sounds, Facebook, X and Instagram.
BBC News
09-05-2025
- Politics
- BBC News
Petition against West Berkshire's three-weekly bin collection
A petition has been launched to stop West Berkshire Council from changing the frequency of bin collections, following a survey in which most people voted against the authority currently collects the black bins every two weeks but plans to extend this to once in every three petition said the consultation was "flawed" and there was "no clear" direct question to residents as to whether they wanted the Berkshire Council's waste strategy said it will save the council £150,000 a year and encourage people to do more recycling. The council said there is no date yet for when the new bin rota will be introduced, but the plans were approved as part of the waste strategy in petition said: "If half the West Berkshire residents apply and receive a larger bin the proposed policy could end up costing more than it saves." In a council survey run earlier this year, most people said they did not want a reduction in the frequency of refuse was a high level of support for increasing waste types collected for recycling, as well as support for a review of the council bins provided for recycling Democrat Councillor and portfolio holder for waste and the environment Stuart Gourley said: "Waste services is one of the most visible we provide for the residents."It is used by 168,000 of us in West Berkshire but that doesn't mean we shouldn't look to improve our services."How and what we dispose of is also a key component in our push to improve our lived environment to reduce waste and increase recycling."He said data shows 43 per cent of waste that goes into black bins can be respondents stated that they might be able to cope with a reduction to black bin frequencies with adequate support. You can follow BBC Berkshire on Facebook, X (Twitter), or Instagram.
