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News Breaks
November 30, 2009
13:53 EDTSEE
theflyonthewall.com: Sealed Air to relocate bagmaking and printing operations, take charge
On November 23, 2009, Sealed Air committed to relocating our bagmaking and printing operations presently in Norderstedt, Germany. This project is part of its previously announced global manufacturing strategy. As part of its global manufacturing strategy, the company has been working to develop manufacturing centers of excellence in order to drive improved productivity and efficiency. The company's strategy includes reviewing operating costs, capacity, strategic location, proximity to other facilities, and technology levels. The Norderstedt facility has been part of its global strategic review and the decision was a result of that review. The changes would terminate bagmaking and printing operations in Norderstedt by June 30, 2010. The company intends to relocate the bagmaking and printing work to other existing facilities in Europe and to continue its production of medical products and maintain support functions at its Norderstedt facility. :theflyonthewall.com



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February 10, 2012
09:59 EDTSEE
theflyonthewall.com: On The Fly: Analyst Upgrade Summary

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06:28 EDTSEE
theflyonthewall.com: Sealed Air upgraded to Outperform from Neutral at RW Baird
Baird upgraded Sealed Air based on relative valuation, debt deleveraging, and increasing supply chain relevance. Price target raised to $26 from $19. :theflyonthewall.com

February 9, 2012
11:23 EDTSEE
theflyonthewall.com: Sealed Air says cautious about macroeconomic conditions in Europe, EMEA

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11:22 EDTSEE
theflyonthewall.com: Sealed Air sees FY12 raw material input costs in low to mid single digit range

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11:20 EDTSEE
theflyonthewall.com: Sealed Air sees $100M of annual cost synergies in 2013

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11:18 EDTSEE
theflyonthewall.com: Sealed Air says targeting use of free cash flow for diviends, restructuring

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11:13 EDTSEE
theflyonthewall.com: Sealed Air says continues to generate productivity benefits of approx. $30M
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11:12 EDTSEE
theflyonthewall.com: Sealed Air managed inflationary pressures in raw materials with pricing actions

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10:17 EDTSEE
theflyonthewall.com: Sealed Air says incurred pre-tax restructuring charge of $53M in Q3
The company says the 2011-2014 Integration and Optimization Program actions are expected to result in pre-tax restructuring charges and associated costs which started in 4Q11 and will continue through 2014. These pre-tax costs are estimated to be $165M-$185M in the aggregate during that period. We expect to incur the majority of these costs in 2012." :theflyonthewall.com
09:00 EDTSEE
theflyonthewall.com: Sealed Air rises 22%

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07:39 EDTSEE
theflyonthewall.com: Sealed Air sees FY12 EPS $1.50-$1.60 vs. consensus $1.79

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07:38 EDTSEE
theflyonthewall.com: Sealed Air reports Q4 adj EPS 48c vs. consensus 49c

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February 8, 2012
14:57 EDTSEE
theflyonthewall.com: Companies reporting Before the Market Open on Thursday, February 9
Notable companies reporting before the opening bell include Coca-Cola Enterprises (CCE), PepsiCo (PEP), Scripps Networks Interactive (SNI), Sealed Air (SEE), and Teradata (TDC). :theflyonthewall.com

January 31, 2012
13:47 EDTSEE
theflyonthewall.com: Sealed Air calls active as shares trend higher into Q4

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11:18 EDTSEE
theflyonthewall.com: Sealed Air says payment for Grace settlement 18M shares and cash

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