The materials & construction industry closed the day up 2.3%. Nobility Homes Inc ( NOBH), Continental Materials Corporation ( CUO), Perma-Fix Environmental Services Inc ( PESI), and McDermott International Inc ( MDR) were all decliners today within the materials & construction industry with Progressive Waste Solutions ( BIN) being today's featured materials & construction loser. Progressive Waste Solutions fell 75 cents (-3.6%) to $21.51 on light volume. Throughout the day, 176,023 shares of Progressive Waste Solutions exchanged hands as compared to its average daily volume of 529,900 shares. Progressive Waste Solutions Ltd. operates as a vertically integrated waste management company in North America. The company provides non-hazardous solid waste collection and landfill disposal services to commercial, industrial, municipal, and residential customers. Progressive Waste Solutions has a market cap of $2.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 23.3, below the average materials & construction industry P/E ratio of 23.5 and above the S&P 500 P/E ratio of 17.7. Shares are down 14.6% year to date as of the close of trading on Wednesday. TheStreet Ratings rates Progressive Waste as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself.