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News Watch
Waste Management Posts 2Q Results - 10/17/2008 2:15:36 PM

Today, the nation's largest trash hauler, Waste Management Inc (NYSE:WMI), announced its 2Q fiscal earnings. Net income fell 5.9% to $318 million, or $0.64 per share, from $338 million, or $0.64 per share, in the year-ago period. Revenue increased 3.9% to $3.49 billion. High diesel prices led the company to cut routes and add fuel surcharges to protect its profit.


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