February 08, 2013 at 11:04 AM EST
Republic Services (RSG) tumbles on lower profit
Republic Services, Inc. (NYSE: RSG) shares fell back 3.5% to $30.74. Late on Thursday, the company posted its quarterly profit which fell by almost 34% in comparison to year ago. Profit for the quarter posted was $127 million or 35 cents a share, from $191 million, or 51 cents a share last year. Share volume was 543,000, topping an all-day average of 453,000
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