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Gabelli Downgrades A. Schulman (SHLM) to Hold

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A. Schulman (SHLM) Cuts FY16 EPS, adj.-EBITDA Outlook

August 11, 2016 7:58 AM EDT

A. Schulman, Inc. (Nasdaq: SHLM) 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.

*** The Street was looking for FY16 EPS of $2.56.

"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... More

Energy Focus (EFOI), A. Schulman (SHLM) halted with news pending

August 11, 2016 7:55 AM EDT

Energy Focus (NASDAQ: EFOI) and A. Schulman (NASDAQ: SHLM) halted with news pending.

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