Market Currents

• Wednesday, October 29, 2008

• 16:47 PM Allied Waste (AW): Q3 EPS of $0.28 beats by $0.02. Revenue of $1.61B (+3.2%) in-line. Shares +2.2%. (PR) Comment!
• 15:10 PM Notable earnings after the close: AAP, ACAS, AEM, AMKR, AMP, ATML, AW, BGC, BMR, CA, CLF, CME, COG, CYH, DTE, EQ, EQR, FR, FRT, FSLR, GNK, HAR, HBI, HIG, HIW, HLX, HRS, ICO, JDSU, MET, MUR, OI, OIS, ORLY, PRU, RNWK, SANM, SIRF, SPF, STR, SYMC, TRN, V, VCLK, WLL Comment!
• 00:10 AM Notable earnings after Wednesday's close: AAP, ACAS, AEM, AMKR, AMP, ATML, AW, BGC, BMR, CA, CLF, CME, COG, CYH, DTE, EQ, EQR, FR, FRT, FSLR, GNK, HAR, HBI, HIG, HIW, HLX, HRS, ICO, JDSU, MET, MUR, OI, OIS, ORLY, PRU, RNWK, SANM, SIRF, SPF, STR, SYMC, TRN, V, VCLK, WLL Comment!

• Monday, August 11, 2008

• 07:39 AM Waste Management (WMI) ups its bid for Republic Services (RSG) to $37/share from $34 - a 33% premium. The higher bid could thwart RSG's move to buy Allied Waste (AW) for $6.24B. Comment!

• Wednesday, July 30, 2008

• 16:19 PM Allied Waste (AW): Q2 EPS of $0.27 beats by $0.03. Revenue of $1.58B (+2.2%) in-line. Shares +0.2%. [PR] Comment!
• 15:10 PM Notable earnings after today's close: AKAM, ARRS, ARTC, ATML, AVB, AW, AYE, BARE, BDN, BVN, CLF, DIS, DRIV, ELY, EQR, ESRX, FSLR, GGB, GGP, GNK, HGSI, HLX, HOLX, LVS, MUR, NLY, O, OI, OII, PRU, SBUX, SPF, SQNM, SWN, SYMC, TRN, UNM, V Comment!
• 00:20 AM Notable earnings Wed. after close: AKAM, ARRS, ARTC, ATML, AVB, AW, AYE, BARE, BDN, BVN, CLF, DIS, ELY, EQR, ESRX, FSLR, GGB, GGP, GNK, HGSI, HLX, HOLX, LVS, MUR, NLY, O, OI, OII, PRU, SBUX, SPF, SQNM, SWN, SYMC, TRN, UNM, V Comment!

• Friday, July 18, 2008

• 08:09 AM Republic Services (RSG) concludes Waste Management's (WMI) July 14 bid is not superior to the merger it's currently working on with Allied Waste (AW) - and it therefore has no intent of entering negotiations with WMI. Comment!

• Monday, July 14, 2008

• 09:21 AM Allied Waste (AW) -13%. It had an offer to buy Republic Services (RSG), which was bested by that of Waste Management (WMI). Comment!

• Monday, June 23, 2008

• 11:34 AM Republic Services (RSG -1.2%) confirms it's buying Allied Waste (AW -1.2% to $13.42) for about $14.07/share in stock ($6B), after having disclosed talks two weeks ago. The combo expects $150M in net annual synergies. Comment!