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RSG Resolute Mining Limited

27.50
0.00 (0.00%)
Last Updated: 08:00:23
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Resolute Mining Limited LSE:RSG London Ordinary Share AU000000RSG6 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 27.50 26.80 28.60 2,350 08:00:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 631.07M 65.58M 0.0308 16.88 1.11B

Waste Services Sees 2010 Earnings Boost From Buys

05/10/2009 9:51pm

Dow Jones News


Resolute Mining (LSE:RSG)
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   DOW JONES NEWSWIRES 
 

Waste Services Inc. (WSII) on Monday completed two acquisitions in Florida for $48 million, moves that the solid-waste company said would boost earnings next year.

The acquisitions are expected to add $28 million in annual revenue. In 2010, the transactions are expected to boost earnings by 5 cents to 7 cents a share. Some of the assets, including operational facilities, will become redundant and be sold to reduce the deal's investment.

Over the near term, the deal is expected to put earnings at the top end of the company's 2009 guidance of 38 cents to 40 cents a share.

Waste Services closed its acquisition of Republic Services Inc.'s (RSG) operations and related assets in Miami-Dade County, Fla., and in a separate transaction, the Miami-Dade operations of DisposALL Inc. The acquired customers are expected to be integrated into the company's existing route structure within three months.

Shares were recently unchanged in after-hours trading, after rising 5.6% in the regular session.

-By John Kell, Dow Jones Newswires; 212-416-2480; john.kell@dowjones.com

 
 

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