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Telecomunicaciones y tecnología

Waste Management posts higher quarterly profit


    NEW YORK (Reuters) - Waste Management Inc on Tuesday said it posted a nearly 45 percent increase in net profit, helped by strong pricing and cost savings.

    The biggest U.S. trash hauler reported fourth-quarter net income of $315 million, or 64 cents per share, compared with $218 million, or 44 cents per share, a year earlier.

    Revenue was $3.01 billion compared with $3.11 billion a year earlier.

    (Reporting by Helen Chernikoff; Editing by Derek Caney)