Technical Analysis on Republic Services Inc. and Waste Connections Inc. - Waste Management Companies Battling Recycling Losses
NEW YORK, NY -- (Marketwire) -- 11/14/12 -- The waste management industry, within which Republic Services Inc. and Waste Connections Inc. operate, is currently facing several headwinds. Collection revenues have declined in some cases and lower recycling commodity prices have also had a negative effect. StBulls.com has initiated technical analysis on Republic Services Inc. (NYSE: RSG) and Waste Connections Inc. (NYSE: WCN), these reports are free upon registration at http://www.stbulls.com/
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While challenges remain, the industry is doing what it can to counter them. Several companies have been building gas capture and/or solar installations at landfill sites, as a way to not only improve their environmental image but also generate alternative revenue sources. Others have been looking into ways to boost recycling volumes, by making it easier for individuals and companies to recycle. Read our technical analysis on Republic Services Inc. at http://www.stbulls.com/RepublicServicesInc14112012.pdf
The industry may have turned in a mixed quarter. However, companies in the industry remain relatively well insulated from large fluctuations. The nature of the business protects it from economic turbulence, though volumes do decline slightly in a down economy, and a nationwide push to become more environmentally responsible is also providing a boost. Our technical analysis on Waste Connections Inc. is accessible at http://www.stbulls.com/WasteConnectionsInc14112012.pdf
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