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Stock Market & Financial Investment News

News Breaks
June 30, 2014
08:42 EDTRYAMRayonier Advanced Materials initiated with a Buy at DA Davidson
Target $53.
News For RYAM From The Last 14 Days
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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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