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News Breaks
January 7, 2014
08:38 EDTPOLPolyOne committed to deliver 50c of EPS accretion in 2015
PolyOne announced additional realignment actions to better serve customers and to increase utilization of its manufacturing assets in North America. These actions will include aligning assets that were acquired as part of the 2013 acquisition of Spartech with PolyOne's Performance Products and Solutions segment. These assets are primarily located in Ramos, Mexico and will now operate within Producer Services, a business unit of PP&S, which has headquarters in Seabrook, Texas. PolyOne Corporation said "We continue to see upside opportunities to expand our portfolio of offerings and better serve our customers, and we remain committed to delivering 50c of EPS accretion from the deal in 2015." As a result of the realignment, PolyOne has adjusted its segment information for each of the first three quarters of 2013, as shown on Exhibit A, as well as on the Current Report on Form 8-K furnished to the SEC concurrent with the issuance of this release.
News For POL From The Last 14 Days
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July 28, 2015
10:00 EDTPOLOn The Fly: Analyst Downgrade Summary
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08:31 EDTPOLPolyOne near-term stock pressure a buying opportunity, says Baird
Baird said the near-term price pressure on PolyOne shares is a buying opportunity. The firm lowered its estimates and price targets due to pricing pressure and a lower euro but notes management expects renewed growth in 2016. Baird reiterated its Outperform rating but lowered its price target to $39 from $44 on PolyOne shares.
06:58 EDTPOLPolyOne downgraded to Accumulate from Buy at Global Hunter
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06:15 EDTPOLPolyOne downgraded to Neutral from Buy at Longbow
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July 27, 2015
07:42 EDTPOLPolyOne says Euro remains weak against dollar, Asia demand slowing
The company commented, "These headwinds impact our specialty businesses in the short-term, but with over $40 billion of market opportunity, we have nearly unlimited potential for long-term growth."
07:41 EDTPOLPolyOne reports Q2 adjusted EPS 57c, consensus 58c
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