SunTrust Upgrades Albemarle (ALB) to Buy
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Albemarle reports second quarter 2015 results
August 5, 2015 5:16 PM EDTBATON ROUGE, La., Aug. 5, 2015 /PRNewswire/ -- Second quarter 2015 highlights:
Adjusted earnings of $0.84 per share. Three core business units grew constant currency revenue by 7% and adjusted EBITDA by 10% from prior year, and achieved adjusted EBITDA margins of 30%. Actions taken to date will result in $50 million in acquisition synergies, in line with expectations. Full year EPS guidance reaffirmed at $3.65 to $4.05.Â
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