Feltl & Co Downgrades Rentech, Inc. (RTK) to Buy
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Rentech Announces Results for the First Quarter of 2016
May 11, 2016 6:30 AM EDTLOS ANGELES--(BUSINESS WIRE)-- Rentech, Inc. (NASDAQ: RTK) today announced financial and operating results for the first quarter of 2016.
Keith Forman, President and CEO of Rentech, stated, We are pleased to have completed Rentech Nitrogens merger with CVR Partners and the partial retirement and amendment of our obligations with GSO Capital on improved terms on April 1st. The transactions have transformed Rentech into a pure play fibre business with a significantly improved balance sheet.
Mr. Forman continued, Focusing on the quarter, results for the period were mixed. Fulghum generated improved EBITDA for... More
