• Research Paper on:
    Profile of Waste Management Inc.

    Number of Pages: 5

     

    Summary of the research paper:

    A profile of Waste Management Inc., its earnings, and whether or not its stock is a good investment are examined in five pages and includes environmental issues, and financial considerations including cash flow and P/E. Four sources are cited in the bibliography.

    Name of Research Paper File: D0_MTwasmgm.rtf

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    Unformatted Sample Text from the Research Paper:
    multi-billion dollar company that has made its living moving garbage from point A to point B. Despite this, however, Waste Management, or WMI, as well refer to it in this  paper, is an uncertain investment. Despite the fact that this company performs its services well and is fairly well regarded both in the industry and among many stock analysts, the  company continues to reel from questionable accounting practices and from its need to pay off investors for miscalculations. In all, WMI would be a good stock - for the long  term, but dont expect any "quick fix" income from it. According to the companys web site, Waste Management Inc. is a company  traded on the New York Stock Exchange that serves ". . . municipal, commercial and industrial customers throughout North America" (WM Info, 2002). The companys network of operations includes 284  active landfill disposal sites, 16 waste-to-energy plants, 73 landfill gas-to-energy facilities, 160 recycling plants, 293 transfer stations and more than 1,400 collection facilities (WM Info, 2002). The companys operations include  collection and disposal services, as well as recycling services (WM Info, 2002). According to Hoovers Online, the company is number one in the United States in terms of waste management.  The most recent financials available for the company are available in the form of a press release issued on May 2, 2002.  According to the release based on figures for the quarter ending March 31, 2002, the company had revenues of $2.61 billion, opposed to $2.72 billion at the end of the  first quarter of 2001 (Rice and Voss, 2002). Net income during the quarter was $138 million ($.22 per diluted share), compared to a net income of $124 million ($.20 per 

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