Back to top

Image: Bigstock

Republic Services (RSG) Unveils "Committed to Serve" Initiative

Read MoreHide Full Article

Republic Services, Inc. RSG today announced that it has committed $20 million to help its frontline employees and their families, and small-business customers through an initiative named "Committed to Serve".

Over the next two months, the company will provide a weekly meal to all frontline employees, weekly dinner to frontline employees and their families, and bi-weekly $100 gift cards to all frontline employees (or $400 per employee in total). The company will buy all meals from local, small businesses.

Further, $3 million will be bestowed to Republic Services Charitable Foundation for funding its long-term non-profit partners that serve the local communities and small businesses.

"Republic Services has a stable, predictable and resilient business model, and through prudent planning and hard work we are well-positioned to manage through this crisis, including providing stability to our employees and customers," said Donald W. Slager, chief executive officer of Republic Services.

Republic Services’ shares have declined 13.7% year to date compared with the 27.4% decline of the industry it belongs to and the 13.6% fall of the S&P 500 Composite index.

Zacks Rank and Stocks to Consider

Republic Services currently carries a Zacks Rank #4 (Sell).

Some better-ranked stocks in the broader Zacks Business Services sector are Parsons Corporation (PSN - Free Report) , CoreLogic CLGX and GreenSky (GSKY - Free Report) , each carrying a Zacks Rank #2 (Buy), currently. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The long-term expected EPS (three to five years) growth rate for Parsons, CoreLogic and GreenSky is 10%, 11% and 13%, respectively.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


GreenSky, Inc. (GSKY) - free report >>

Parsons Corporation (PSN) - free report >>