NEW YORK, August 22, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Tempur Sealy International Inc. (NYSE: TPX), The Clorox Company (NYSE: CLX), Sealed Air Corporation (NYSE: SEE), Owens-Illinois, Inc. (NYSE: OI) and Spectrum Brands Holdings, Inc. (NYSE: SPB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Tempur Sealy International Inc. Research Report
On August 16, 2013, Tempur Sealy International Inc. (Tempur Sealy) announced that it will host an investor presentation in New York on September 10, 2013. The Company informed that the event will begin at 10:00 a.m. ET and a link to the webcast will be provided on the Investor Relations section of Tempur Sealy's website. In addition, the Company will file the presentation in a Form 8-K filing with the Securities and Exchange Commission. The Full Research Report on Tempur Sealy International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/a799_TPX]
The Clorox Company Research Report
On August 19, 2013, The Clorox Company (Clorox) announced the election of Esther Lee to its Board of Directors. Lead Director of the Company, Bob Matschullat said, "Throughout her career, Esther has championed brand innovation and creative excellence as key drivers of shareholder value. As one of the top leaders in brand marketing and advertising, she brings tremendous expertise in global brand management and creative strategy to the Clorox board. Esther is an outstanding addition to our board." As per Clorox, Esther Lee currently serves as Senior Vice President - Brand Marketing, Advertising and Sponsorships at AT&T, where she oversees all brand marketing, advertising creative and media strategy for the company. The Full Research Report on The Clorox Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4ebb_CLX]
Sealed Air Corporation Research Report
On August 2, 2013, Sealed Air Corporation (Sealed Air) reported its financial results for Q2 2013. The revenues of the Company increased 1.9% YoY (or up 3.2% on a constant dollar basis) to $2.0 billion. Net income was $56.3 million or $0.26 per diluted share, compared to a net loss of $13.7 million or $0.07 per diluted share in Q2 2012. Commenting on the results, President and CEO, Jerome A. Peribere said, "During the second quarter, we were able to drive strong growth in AMAT and Latin America and modest growth in North America, which helped mitigate a soft global economy, particularly in Europe. We also delivered Adjusted EBITDA margin expansion on a year over year basis in our Food & Beverage and Institutional & Laundry divisions, offset by lower margin performance in Protective Packaging. Our second quarter results demonstrate the benefits we are experiencing from our pricing initiatives and focus on manufacturing and operational improvements." The Full Research Report on Sealed Air Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5550_SEE]
Owens-Illinois, Inc. Research Report
On August 5, 2013, Owens-Illinois, Inc. (O-I) announced that its Board of Directors' Lead Independent Director, Corbin A. McNeill, Jr., has resigned due to personal reasons. O-I stated that Mr. McNeill's resignation is not the result of any disagreement with the Company on any matter relating to its operations, policies or practices. In response to Mr. McNeill's resignation, the Board selected Peter S. Hellman, current chair of the Board's audit committee, as its interim lead independent director. O-I stated that Mr. Hellman has been a member of the Company Board since 2007, and will continue to chair the audit committee. O-I also announced that Hari N. Nair has been appointed to its Board of Directors. The Company informed that Mr. Nair is the Chief Operating Officer at Tenneco Inc., a global manufacturer of clean air and ride performance products and systems for the automotive and commercial vehicle markets. The Full Research Report on Owens-Illinois, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2729_OI]
Spectrum Brands Holdings, Inc. Research Report
On August 6, 2013, Spectrum Brands Holdings, Inc. (Spectrum Brands) reported its financial results for Q3 FY 2013 (period ended June 30, 2013). Revenue increased 32.1% YoY to $1.1 billion. Net income (attributable to controlling interest) was $36.1 million or $0.69 per diluted share, compared to net income of $58.7 million or $1.13 per diluted share in Q3 FY 2012. Commenting on the results, CEO Dave Lumley said, "We're pleased to report record net sales and adjusted EBITDA for the third quarter. HHI, our new acquisition, posted another quarter of double-digit net sales growth at 13 percent. Our third quarter adjusted EBITDA of $188.5 million, including HHI, increased 2 percent, or 3 percent on a constant currency basis, with an adjusted EBITDA margin at a solid 17.3 percent." The Full Research Report on Spectrum Brands Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/dec8_SPB]
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