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Stock Market & Financial Investment News

News Breaks
February 20, 2013
07:27 EDTSEESealed Air downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Sealed Air due to valuation. Price target raised to $22.50 from $20.
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July 30, 2014
07:13 EDTSEESealed Air raises FY14 adjusted EPS view to $1.65-$1.70 from $1.50-$1.60
Consensus is $1.60. Raises FY14 revenue view $50M to $7.75B, consensus $7.78. This assumes an estimated unfavorable impact of approximately 1% from foreign currency translation. Adjusted EBITDA is anticipated to be in the range of approximately $1.085B-$1.095B, an increase from the previously provided guidance of $1.05B-$1.07B. Free Cash Flow is estimated to be approximately $485M as compared to the previously provided outlook of $425M. The company is revising its 2014 estimates for cash restructuring charges and capital expenditures to be approximately $135M and approximately $150M, respectively.
07:11 EDTSEESealed Air reports Q2 EPS 42c, consensus 39c
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July 29, 2014
15:53 EDTSEENotable companies reporting before tomorrow's open
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July 23, 2014
10:47 EDTSEESealed Air to relocate headquarters to North Carolina from New Jersey
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