Applied Materials, a prominent manufacturer of semiconductor-manufacturing equipment, may experience a substantial letdown alongside other chip-related stocks in the upcoming year, as suggested by Susquehanna's analysis. Neutral Rating for Applied Materials Shares Analyst Mehdi Hosseini recently reiterated a Neutral rating for Applied Materials shares (ticker: AMAT) and … [Read more...] about Applied Materials Faces Disappointment in Chip Market
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Graphic Packaging Lowers Sales Projection for 2023
Graphic Packaging Holding, a leading manufacturer of paperboard and paper packing materials based in Atlanta, has revised its sales projection and adjusted earnings forecast for 2023. This adjustment comes after the company reported that its customers were reducing their inventories of its packaging products in the third quarter. Adjusted Earnings per Share Graphic Packaging … [Read more...] about Graphic Packaging Lowers Sales Projection for 2023
Sealed Air Cuts Outlook as Demand Slows
Sealed Air, the renowned manufacturer of packaging materials, including the beloved bubble wrap, is facing a challenging period due to sluggish demand. As a result, the company has revised its full-year sales and adjusted earnings projections. Revised Sales Outlook The Charlotte, N.C.-based company now expects its annual sales to range between $5.40 billion and $5.60 billion. … [Read more...] about Sealed Air Cuts Outlook as Demand Slows
