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Stock Market & Financial Investment News

News Breaks
June 24, 2014
14:55 EDTRYAM, RYAM, RYAM, IPI, IPI, IPIRayonier Advanced Materials to replace Intrepid Potash in S&P 400 as of 6/27
News For RYAM;IPI From The Last 14 Days
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February 9, 2016
12:04 EDTIPIUSDA raises corn supply forecast by 35M bushels
In its monthly World Agricultural Supply and Demand Estimates report, the USDA raised its corn ending stocks estimate for 2015/16 by 35M bushels. The projected range for the corn season-average farm price is narrowed 5 cents on both ends to $3.35 to $3.85 per bushel. Publicly traded companies in the Agriculture and Fertilizer spaces include Agrium (AGU), Andersons (ANDE), Archer Daniels (ADM), Bunge (BG), CF Industries (CF), Compass Minerals (CMP), DuPont (DD), Intrepid Potash (IPI), Monsanto (MON), Mosaic (MOS), Potash (POT) and Syngenta (SYT).
February 1, 2016
16:40 EDTRYAMRayonier Advanced Materials announces three-year transformation initiative
In 2016, the company is embarking on a three-year transformation initiative to significantly improve its cost structure and enhance cash flows. This initiative is being led by a cross-functional team reporting directly to the CEO. The team's focus is to increase the overall efficiency of the business to meet the near-term market challenges. The transformation initiative targets three-year cost savings of $75M-$90M. The 2016 guidance reflects the expected impact of the first year of the transformation initiative.
16:39 EDTRYAMRayonier Advanced Materials sees FY16 pro forma EBITDA $175M-$190M
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16:38 EDTRYAMRayonier Advanced Materials reports Q4 EPS 32c, consensus 24c
Reports Q4 revenue $242M, consensus $247.48M.

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