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Waste Management 3Q profit sinks

Management's business customers, and revenue from trash-hauling at residential customers declined just 0.4 percent in the quarter, Waste Management said. Waste Management Inc., the nation's largest trash hauler, said Thursday that third-quarter ...

From STEPHEN SINGER, Daily Breeze,  29 Oct 2009

Related Topics: Waste Management, Inc.,  Pat Sullivan,  Thomson Reuters

Waste Management 3rd-quarter profit sinks

The recession has hit the Houston company as businesses cut costs by disposing of trash less frequently and prices for paper and other commodities fell, battering its recycling business. However, the Houston company said its trash hauling operations ...

From STEPHEN SINGER, San Francisco Chronicle,  29 Oct 2009

Related Topics: Waste Management, Inc.,  Thomson Reuters

Textron 3Q profit plunges on weak markets

Textron Inc. said Tuesday its third-quarter profit plunged 98 percent as the company continues to face reduced sales at its corporate jet and helicopter businesses. Scott Donnelly, the company's president and CEO-elect, said in a statement that demand ...

From STEPHEN SINGER, Boston Globe,  27 Oct 2009

Related Topics: TEXTRON INC,  Thomson Reuters

In recession, the philanthropist next door balks

Investors who use donor-advised funds — an investment vehicle used for managing charitable donations — have been stymied because of stock losses. Money given to charities from donor-advised funds, with assets conservatively estimated at $21 billion, is ...

From STEPHEN SINGER, San Francisco Chronicle,  23 Oct 2009

Related Topics: Bank of America,  Merrill Lynch,  Libbey, Inc.,  James Barnes,  Bernard Madoff

Honeywell 3Q profit falls but tops expectations

More than half of the Morris Township, N.J., company's sales are overseas. As a result of its exposure, Honeywell has been hit hard by some of the economy's weakest sectors such as the aerospace, automotive and construction markets, which have been in a ...

From STEPHEN SINGER, Atlanta Journal Constitution Vendor,  23 Oct 2009

Related Topics: Honeywell International Inc.,  Thomson Reuters

United Tech 3Q profit down 17 percent

HARTFORD, Conn. - United Technologies Corp. felt the impact of the downturn in aerospace and commercial real estate markets as key businesses posted declines in the third quarter. ...

From STEPHEN SINGER, Atlanta Journal Constitution Vendor,  20 Oct 2009

Related Topics: Thomson Reuters

United Tech 3Q profit falls 17 percent

WEST HARTFORD — United Technologies Corp. continued to feel the impact of the downturn in aerospace and real estate markets as nearly all its businesses posted declines in the third quarter. The Hartford-based company said Tuesday that markets are ...

From STEPHEN SINGER, Newsvine,  20 Oct 2009

Related Topics: Thomson Reuters

David retires as chairman of United Technologies

HARTFORD, Conn. (AP) -- George David said Wednesday he will retire as chairman of United Technologies Corp. at the end of the year, after a 34-year career at the industrial conglomerate. CEO Louis Chenevert will succeed David as chairman of the ...

From STEPHEN SINGER, Buffalo News,  14 Oct 2009

Related Topics: George David,  General Motors

Mistras Group IPO set for Thursday

Engineering services company Mistras Group Inc. is set to debut its shares Thursday, following an effort that was cut short last year by the sinking economy. A problem that may affect it this time is that it could be eclipsed by two much larger initial ...

From STEPHEN SINGER, Newsvine,  6 Oct 2009

Related Topics: General Electric,  Bayer,  American Electric Power,  Valero Energy,  Boeing

Connecticut steps into federal health care debate

HARTFORD, Conn. - Connecticut officials demanded to know Friday if the state's five largest insurance companies have sent policyholders information about a possible impact on Medicare of health care changes debated in Washington. ...

From STEPHEN SINGER, Atlanta Journal Constitution Vendor,  2 Oct 2009

Related Topics: Aetna Inc.,  Richard Blumenthal,  UnitedHealth Group,  Humana Inc.,  Barack Obama

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