Rayonier Advanced Materials Inc. (NYSE:RYAM) announced that it has hired Houlihan Lokey, Inc. (NYSE:HLI) as its financial advisor to explore the potential sale of its paperboard and high-yield pulp assets located at its Temiscaming site. According to the company, the strategic move is aligned with its commitment to "enhancing its operational and financial performance, optimizing its portfolio to align with its long-term growth strategy, and providing flexibility to pay down debt and reduce leverage".
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5-day change | 1st Jan Change | ||
136.8 USD | +0.62% | +1.91% | +14.09% |
May. 14 | UBS Adjusts Houlihan Lokey Price Target to $145 From $157, Maintains Buy Rating | MT |
May. 09 | BGSF Posts Lower Q1 Results, Starts Strategic Review, Suspends Dividend; Shares Fall | MT |
Stocks mentioned in the article
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5d. change
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Capi.
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136.8 USD | +0.62% | +1.91% | 9.39B | ||
4.49 USD | +2.75% | +12.25% | 287M | ||
EPS Revisions
1st Jan change | Capi. | |
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+14.09% | 9.39B | |
-7.76% | 34.53B | |
-10.35% | 12.91B | |
+8.56% | 9.6B | |
-0.69% | 3.87B | |
+12.33% | 3.67B | |
+20.90% | 3.29B | |
+1.63% | 2.86B | |
-0.61% | 2.42B | |
+6.86% | 977M |
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