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News Breaks
November 17, 2009
06:49 EDTGRA
theflyonthewall.com: W.R. Grace initiated with a Hold at Jefferies
Jefferies initiated W.R. Grace with a Hold citing limited near-term catalysts. Target $27. :theflyonthewall.com



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February 9, 2012
07:20 EDTGRA
theflyonthewall.com: W.R. Grace 2012 adjusted EBITDA target has upside, says Jefferies
Jefferies see a chance for W.R. Grace to deliver significant upside to the current 2012 adjusted EBITDA target range of $630M-$650M. The firm believes earnings revisions could remain favorable in the first half of 2012 and keeps a Buy rating on the stock with a $64 price target. :theflyonthewall.com

February 8, 2012
06:11 EDTGRA
theflyonthewall.com: W.R. Grace realigns into three operating segments

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February 1, 2012
11:41 EDTGRA
theflyonthewall.com: W.R. Grace says would like to spend more on bolt-on acquisitions than in past
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11:31 EDTGRA
theflyonthewall.com: W.R. Grace says "cautiously optimistic" on construction

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11:28 EDTGRA
theflyonthewall.com: W.R. Grace says Libby "most complex piece" of Chapter 11 case

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11:26 EDTGRA
theflyonthewall.com: W.R. Grace says 2013 goals include sales growth 8%-10% per year
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11:25 EDTGRA
theflyonthewall.com: W.R. Grace sees FY12 gross margins 35%-37%

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11:24 EDTGRA
theflyonthewall.com: W.R. Grace sees headwinds in 2012 from currency, rare earths costs
Sees headwinds totaling over $200M for 2012. :theflyonthewall.com
11:10 EDTGRA
theflyonthewall.com: W.R. Grace says sees $850M in adjusted EBITDA by 2014

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11:08 EDTGRA
theflyonthewall.com: W.R. Grace says earnings should be "fairly resilient"
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11:08 EDTGRA
theflyonthewall.com: W.R. Grace says expects modest volume growth in the U.S. in 2012

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11:06 EDTGRA
theflyonthewall.com: W.R. Grace says emerging regions expected to grow 2x mature markets

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11:05 EDTGRA
theflyonthewall.com: W.R. Grace says news of the last 24 hours a "dramatic advance" in path to emerge
Says emergence depends on a number of factors including whether there are any further appeals to the joint plan and whether Grace may emerge with those appeals outstanding. Comments made on the Q4 earnings conference call. :theflyonthewall.com
07:47 EDTGRA
theflyonthewall.com: W.R. Grace sees FY12 consolidated gross margin in the 35-37% target range

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07:46 EDTGRA
theflyonthewall.com: W.R. Grace sees FY12 revenue$3.25-$3.35B vs. consensus $3.3B

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06:16 EDTGRA
theflyonthewall.com: W.R. Grace sees FY12 adj. EBIT $510-$530M vs. FY11 adj EBIT $478.6M
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06:13 EDTGRA
theflyonthewall.com: W.R. Grace reports Q4 EPS 89c vs. consensus 87c

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06:12 EDTGRA
theflyonthewall.com: W.R. Grace reports Q4 EPS 89c vs. consensus 87c

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January 31, 2012
18:01 EDTGRA
theflyonthewall.com: W.R. Grace announces agreements on reorganization plan

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11:18 EDTGRA
theflyonthewall.com: Sealed Air says payment for Grace settlement 18M shares and cash

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10:16 EDTGRA
theflyonthewall.com: W.R. Grace rallies 3.5% after District Court affirms reorganization plan

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10:00 EDTGRA
theflyonthewall.com: W.R. Grace: Timing of emergence from bankruptcy depends on a number of factors
The timing of Grace’s emergence from bankruptcy depends on a number of factors, including whether there are further appeals to the Joint Plan, whether Grace may emerge with those appeals outstanding, and whether conditions to payments from third parties can be satisfied or waived. :theflyonthewall.com
09:58 EDTGRA
theflyonthewall.com: W.R. Grace reorganization plan affirmed by U.S. District Court
W.R. Grace & Co. announced that the U.S. District Court for the District of Delaware has denied all objections and confirmed Grace’s Plan of Reorganization in its entirety. The Bankruptcy Court decision approving the Joint Plan was issued on January 31, 2011. Grace filed for Chapter 11 protection on April 2, 2001. The Joint Plan establishes two asbestos trusts to compensate personal injury claimants and property owners. Funds for the trusts will come from a variety of sources including cash, warrants to purchase Grace common stock, deferred payment obligations, insurance proceeds and payments from certain third parties. The trusts’ assets and operations are designed to cover all current and future asbestos claims. :theflyonthewall.com