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Stock impact report

Opinion [Globe and Mail, The (Toronto, Canada)]

Waste Connections, Inc. Common Shares (WCN) 
Last waste connections, inc. common shares earnings: 2/12 04:10 pm Check Earnings Report
US:NYSE Investor Relations: wasteconnections.investorroom.com
He kept getting interrupted by phone calls from institutional shareholders who also wanted the CEO to take them through a deal that knocked back GFL's stock price by 10 per cent, erasing $2-billion in value. What became clear is despite compelling numbers, investors are still catching up with what GFL's latest acquisition means for the CEO's drive to build North America's leading garbage company. In a rapid-fire pitch, Mr. Dovigi told some of GFL's largest shareholders that buying Calgary-based Secure, the dominant energy waste disposal platform in Western Canada, will boost all of GFL's key financial metrics. The deal will improve free cash flow and earnings before interest, taxes, depreciation and amortization (EBITDA), and it will mean GFL hits performance targets a year ahead of its previous forecast. Investors aren't so happy about GFL's return to deal-making Mr. Dovigi also justified the Secure bid by highlighting the potential for $25-million annually in synergies fr Show less Read more
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