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Stock Market & Financial Investment News

News Breaks
January 30, 2013
06:52 EDTOMGOM Group upgraded to Buy from Hold at KeyBanc
KeyBanc upgraded OM Group citing its announcement to sell its Advanced Materials business. Price target is $34.
News For OMG From The Last 14 Days
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October 29, 2014
07:09 EDTOMGOM Group expects sales growth, higher adjusted EBITDA margins in 2017
These improvements are expected to ramp up starting in late 2015 through 2017, driven by business improvement initiatives including growth programs, process improvements and cost optimization.
07:09 EDTOMGOM Group cuts FY14 adjusted EBITDA to $115M from $120M
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07:09 EDTOMGOM Group incurred charges of $4M during Q3
OM Group incurred charges of $4 million related to cost optimization and other business improvement initiatives. These charges, which primarily included costs to reduce employment levels and other charges related to the previously-announced loss of a medical battery customer in Battery Technologies, charges related to previously-announced business unit leadership changes, and headcount reductions in Specialty Chemicals, are excluded from adjusted pro forma EBITDA.
07:09 EDTOMGOM Group to agquire Ener-Tek International for $24M
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07:09 EDTOMGOM Group reports Q3 adjusted EPS 32c, consensus 27c
Reports Q3 revenue $262.9M, consensus $253.3M.

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