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Waste Management (WM -1.7%) slides after reporting a mixed Q1 result earlier today, beating on...

Waste Management (WM -1.7%) slides after reporting a mixed Q1 result earlier today, beating on total revenue but missing estimates on a per share basis. Net earnings dropped 8.1% Y/Y as bottom line margins were hit by higher fuel costs and weak commodity prices for its recycled materials. The company adds that the impact of lower commodity prices on its recycling and waste-to-energy businesses will continue to affect results into Q2 as well.

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