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Stock Market & Financial Investment News

News Breaks
June 10, 2014
08:45 EDTSEESealed Air secondary should be accretive in 2014, says Jefferies
Jefferies notes the W.R. Grace Asbestos Trust is selling roughly half of its 18M share position in Sealed Air (SEE) through a secondary offering and that Sealed Air is buying back 3.9M shares. The firm estimates the secondary should be 2c-3c accretive to earnings in 2014 and it expects shares of Sealed Air to open flat to modestly higher following the news. Jefferies has a Hold rating on the stock with a $36 price target.
News For SEE From The Last 14 Days
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February 23, 2015
07:46 EDTSEEJPMorgan to hold a conference
Global High Yield & Leveraged Finance Conference is being held in Miami Beach, FL on February 23-25 with webcasted company presentations to begin on February 23 at 8:20 am; not all company presentations may be webcasted. Webcast Link
February 19, 2015
16:32 EDTSEESealed Air annonces five-year contract with Carlson Rezidor Hotel Group
Sealed Air announced that its Diversey Care division signed a five-year global contract with Carlson Rezidor Hotel Group, one of the world’s largest and fastest growing hotel companies. This global contract represents a significant expansion from the previous 4-year Europe, Middle East and Africa, or EMEA, contract and includes Diversey Care’s full suite of innovate products and services designed to meet Carlson Rezidor’s commitment to sustainability and high level of customer satisfaction. The portfolio of the Carlson Rezidor Hotel Group includes more than 1,300 hotels, a global footprint spanning 105 countries and territories, and a powerful set of global brands.

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