On Wednesday, Kroger Co (NYSE:KR)’s shares declined -2.00% to $70.39.
Yesterday, Kroger (KR), family of stores, recognized by the U.S. EPA for its efforts to reduce food waste, launched a microsite – Kroger.com/earthday — to inspire customers to live green, save money and reduce waste at home.
Kroger partnered with Seventh Generation and Mrs. Meyer’s Clean Day Products to provide simple tips and money-saving tricks to assist fruits and vegetables stay fresh longer, to use natural cleaning methods to complete household chores, and to offer digital coupon savings for Seventh Generation products by visiting Kroger.com/earthday.
“We are committed to reducing food waste because it is good for our business, our communities and the environment,” said Suzanne Lindsay-Walker, Kroger’s director of sustainability. “We also want to make it easy for our customers to take simple steps at home to live greener and reduce household food waste.”
Earlier this year, the EPA recognized Kroger for its leadership, innovation and education efforts to feed hungry people, protect the environment, and save money through Kroger’s food recovery programs.
- As part of the company’s food recovery strategy in grocery stores, Kroger’s Perishable Donations Partnership donated the equivalent of 43 million meals of healthy, perishable food to local Feeding America food banks to assist feed hungry families last year.
- Kroger’s retail operations team has implemented an organic recycling program in 1,000 stores across the country. This program utilizes composting and animal feed to limit the amount of food going into landfills.
- Kroger was the first major retailer in the U.S. to develop a clean energy production system that converts food that cannot be sold or donated into clean energy. The facility provides a quarter of the power needed to run the company’s Ralphs/Food 4 Less distribution center in Compton, CA.
- For more tips, tricks and DIY decor ideas visit Kroger.com/earthday.
The Kroger Co., together with its auxiliaries, operates as a retailer in the United States and internationally. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price influence warehouse stores offer grocery, and health and beauty care items, in addition to meat, dairy, baked goods, and fresh produce items.
Covanta Holding Corp (NYSE:CVA)’s shares dropped -1.96% to $21.54, during the last trading session on Wednesday.
Yesterday, Covanta Holding Corp (CVA), stated financial results recently for the three months ended March 31, 2015.
Q1 2015 Highlights:
- Plant operations and waste volumes in line with expectations despite challenging Northeast weather conditions
- Commenced start-up of New York City Marine Transfer Station (MTS) contract
- Efficiency and cost-savings programs adding immediate value – on track to deliver ~$30 million Adjusted EBITDA benefit this year
- “We had a very strong operating quarter, despite record snowfall and overall difficult conditions in our core Northeast markets, especially in New England,” stated Stephen J. Jones, Covanta’s President and CEO. “We successfully managed our waste supply and kept the plants running smoothly throughout the quarter. We’ve also had a great start to our heavy maintenance outage season and are realizing the benefits of the efficiency initiatives implemented last year. While commodity pricing remains a challenge, our team is doing a great job on multiple fronts to mitigate those influences.”
First Quarter Results
For the three months ended March 31, 2015, total revenues reduced by $18 million to $383 million from $401 million in 2014, primarily as a result of lower construction revenue, in addition to lower market pricing for metals and energy.
- Same store North America EfW revenue reduced by $6 million as follows:
- waste and service revenues raised by $6 million, with $4 million related to raised volumes and $2 million from higher pricing;
- energy revenues reduced by $7 million, driven by a $5 million decline related to lower prices and a $2 million reduction due to volume mix; and
- recycled metals revenues reduced by $5 million, driven by a $6 million decline from lower recycled metal pricing, partially offset by $1 million from higher volume of recovered metals.
Also within North America EfW revenue, contract transitions, counting lower debt service revenues, resulted in a decrease of $2 million, while transactions (net new business), primarily the commencement of the Pinellas County EfW contract, raised revenue by $3 million.
Covanta Holding Corporation provides waste and energy services to municipal entities primarily worldwide. It owns and operates infrastructure for the conversion of waste to energy, in addition to engages in other waste disposal and renewable energy production businesses.
At the end of Wednesday’s trade, NovaGold Resources Inc. (USA) (NYSEMKT:NG)‘s shares dipped -1.93% to $3.56.
Yesterday, NovaGold Resources (NG), present the second segment of the four-part Alaska Video Series. The series explores the importance of preserving the long cultural history and traditional lifestyles of those living in remote communities of the Yukon-Kuskokwim (Y-K) region, where the Donlin Gold project is located.
The stories captured in each film are told directly by the local people and illustrate the vibrant and harsh realities of living in some of the most isolated regions of The Last Frontier. NOVAGOLD believes that a deep understanding of and steadfast commitment to the languages, values, and cultures of the people in the areas where it operates is indispensable in establishing strong and collaborative working relationships. Respecting the traditions in these regions is one of the Company’s core values.
Part Two of the Alaska Video Series is “Subsistence Way of Life”. The communities that inhabit the rural areas of the Y-K region are largely dependent on subsistence living; hunting, fishing, and harvesting for the bare essentials of survival. Passed from generation to generation, Alaska Native groups predominantly define themselves by their cultural traditions of attaining, processing, and distributing natural resources.
NovaGold Resources Inc. explores and develops mineral properties in Canada and the United States. The company primarily explores for gold, silver, and copper deposits. Its flagship project is the 50%-owned Donlin Gold project covering an area of 81,361 acres located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc. in March 1987. NovaGold Resources Inc. was founded in 1984 and is based in Vancouver, Canada.
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