WM CEO announces Stericycle acquisition boosts stability and earnings, shares up 6%.
WM CEO Jim Fish says the Stericycle acquisition, which deals with medical and hazardous waste, adds stability to WM's operations by reducing business volatility and cyclicality. This has helped WM's earnings, with shares rising over 6%. WM is also automating roles like truck operators due to high turnover but is not laying off workers, instead using attrition to replace them with technology.
2 months ago
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