Gabelli Downgrades A. Schulman (SHLM) to Hold
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A. Schulman Lowers Full-Year Fiscal 2016 Earnings Guidance
August 11, 2016 7:56 AM EDTAKRON, Ohio, Aug. 11, 2016 /PRNewswire/ -- A. Schulman, Inc. (Nasdaq-GS: SHLM), a leading international supplier of high-performance plastic compounds, composites, powders and resins, today announced that it has lowered its full-year 2016 adjusted net income guidance range to $1.90 to $1.95 per diluted share reflecting deteriorating market conditions facing the industry in the Company's largest regions in the U.S. and Europe.
"As we move closer to the end of our fourth quarter, it has become apparent that we will not be able to deliver on our adjusted earning per share commitment of... More
