Category Archives: BFI/Republic

BFI/Republic: Reports on the landfill’s current operations which may include, plans, working face locations, special occurrences, Notices Of Violations (NOVs), new Monthly/Quarterly/Yearly Reports, revegetation, and efforts to improve odor control.

1st Quarter 2013 Vegetation Report

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STAFF REPORT UPDATE ON RE-VEGETATION AT SUNSHINE CANYON CITY/COUNTY LANDFILL

Republic Services, Inc. (Republic) submitted the First Quarter 2013 Vegetation Project Status Report for the Sunshine Canyon City/County Landfill, dated April 30, 2013 (attached). The
Status Report is a requirement of Condition 18 of the Finding of Conformance granted to the Landfill by the Task Force on December 18, 2008.

The Status Report provides the progress of re-vegetation projects undertaken during the first quarter of 2013 as well as re-vegetation projects anticipated to be implemented during the
second quarter of 2013.

Update on County and City Sides 

  • Interim areas will be seeded, amended, or mulched in the latter part of 2013 to take advantage of winter rains.
  • Weed abatement was completed on a section of the south City area. Republic anticipates performing weed abatement as necessary and when weather permits.

Update on County Side

  • Conditions on the County Side sage mitigation area remain unchanged.
  • A substantial portion of the County-side mitigation area continues to be bare and problematic for vegetation to become established.

Update on City Side

  • In the pilot project area, the vegetation and soil surface layer on the lower deck has been cleared and the soil prepared for planting native vegetation. Soil amendments have been worked into the soil, and the irrigation system is in place.

If you have any questions, please contact me at (626) 458-2186, Monday through Thursday, 7 a.m. to 5:30 p.m.

Republic Services sees profits fall, improved business conditions in first quarter

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Republic Services Inc. saw revenue increase slightly during the first quarter as profits dipped for the nation’s second-largest solid waste management company.

The Phoenix-based firm earned $124.6 million, or 34 cents per diluted share, on revenue of $2 billion. That compares to earnings of $142.9 million, or 38 cents per diluted share, on revenue of $1.98 billion for the first quarter of 2012.

Excluding charges, expenses and benefits, net income would have been $167.4 million, or 46 cents per diluted share, for the first quarter of this year, and $140.9 million, or 38 cents per diluted share for the first quarter of last year, the company reported.

Stock analysts predicted revenue of $2 billion and earnings of 40 cents per share, on average, according to Yahoo Finance.

CEO Donald W. Slager, in a statement, said the company’s first quarter performance “reflects an overall improvement in business conditions. We saw sequential increases in core pricing, volume and margins, which drove our strong Q1 results. We continue to profitably grow our core business as evidenced by year-over-year increases in revenue, earnings and free cash flow.”

Shares of Republic Services were up 86 cents to $34.11 in trading at one point this morning, according to Yahoo Finance.

Republic Services Sees Higher Profits, Beats Estimates

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From https://www.wasterecyclingnews.com/headlines2.html?id=1328890869

Republic Services Inc. saw profit increase for both the fourth quarter and the entire year in 2011.

The Phoenix-based solid waste management company earned $589.2 million, or $1.56 per diluted share, on revenue of $8.19 billion, in 2011. That compares with net income of $506.5 million, or $1.32 per share, on revenue of $8.11 billion in 2010.

Net income for the fourth quarter was $191 million, or 51 cents per diluted share, on revenue of $2.025 billion. That compares with earnings of $147.6 million, or 38 cents per diluted share, on revenue of $2.021 billion for the last quarter of 2010.

“Our strong operational focus allowed the company to achieve a record level of free cash flow. We continue to have a disciplined approach in the utilization of cash flow, which includes re-investing in our business, acquisitions and returning cash through share repurchases and dividends. During 2011, Republic returned approximately $770 million to its owners through repurchases and dividends, CEO Donald W. Slager said in a statement.

Republic beat analysts’ earnings estimates for the quarter. Analysts estimated Republic’s fourth quarter earnings per share at 45 cents before one-time items, according to Yahoo Finance.

Republic Services shares were trading at $30.02 per share, down 7 cents, in early trading this morning.

Audio Recording from the December 3, 2011 South Coast AQMD Hearing in Granada Hills

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Click here to download the entire recording (over 4 hours)(63 Mb)

Part 1 of 6 Download It (7.2 Mb)
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Part 2 of 6 Download It (13.1 Mb)
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Part 3 of 6 Download It (10.6 Mb)
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Part 4 of 6 Download It (9.1 Mb)
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Part 5 of 6 Download It (12.6 Mb)
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October 27, 2011 – Republic Posts Strong Q3 on Pricing and Volume Growth (Waste Business Journal)

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https://www.wastebusinessjournal.com/news/wbj20111101B.htm

Republic Services, Inc. Reports Third Quarter Earnings of $0.52 Per Share

– Positive quarterly volume growth
– Repurchased more than 4% of Company stock during the past twelve months
– Reaffirms EPS and free cash flow guidance
Republic Services, Inc. (NYSE: RSG) today reported net income of $193.5 million, or $0.52 per share, for the three months ended September 30, 2011, versus $134.2 million, or $0.35 per share, for the comparable period last year.

Republic’s net income for the three months ended September 30, 2011 and 2010 includes a number of charges and other expenses that impacted its results. A detail of these charges and other expenses is contained in the Reconciliation of Certain Non-GAAP Measures section of this document. Excluding these items, net income for the three months ended September 30, 2011 and 2010 would have been $198.5 million, or $0.53 per diluted share, and $172.8 million, or $0.45 per diluted share, respectively. Continue reading →

February 17, 2011 – Billionaire Increases Investment in Republic Services (Waste and Recycling News)

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https://www.wasterecyclingnews.com/headlines2.html?id=1266420718

Warren Buffett likes trash.

The well-known investor, whose every financial move is watched closely by Wall Street, has substantially increased his investment in Republic Services Inc., the nation´s No. 2 solid waste management company.

In a new filing with the U.S. Securities and Exchange Commission, Buffett´s Berkshire Hathaway Inc. says it held 8,290,500 shares of the company´s stock as of the end of 2009.

That compares with 3,625,000 shares at the end of last year´s third quarter.

Buffett joins billionaire buddy Bill Gates with substantial holdings in Republic Services. Gates has been a long-time investor in the company, and Buffett only started buying stock within recent months. Berkshire Hathaway, a publicly traded company, owns stock in about 40 other firms.

Contact Waste & Recycling News senior reporter Jim Johnson at 937-964-1289 or jpjohnson@crain.com