Rayonier Advanced Materials could reward investors, Barron's says Rayonier Advanced Materials shares look attractive and have plenty of upside due to encouraging outlook, Barron's contends in its "Sizing Up Small Caps" column. Reference Link
Rayonier 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.