Sealed Air Corporation http://www.alacrastore.com/company-snapshot/Sealed_Air_Corporation-1015015 Saturday, October 11, 2008 3:10:55 AM 1015015 Sealed Air Corporation en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/cs/74773cs/74773norm Basic Industries Short Interest: #H September #### In the two-week period ending September ##th, short interest in the basic industry coverage universe increased #.#% to ###.# million shares.   Short interest for our chemical names...747731740YesD0Article21641125355166749438111705100113421168863113741615031011639911511666197147198204118115711481141648202966645248145corphy581416554Euro Markets Issuers42High Yield59Short Interest33Capital Structure34Companies with Convertibles10/1/2008 9:05:24 PM150In the two-week period ending September 10th, short interest in the basic industry coverage universe increased 0.1% to 339.8 million shares.74773Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/T1970512ccbn/T1970512norm... - Sealed Air - CFO(CALL IN PROGRESS) And introduce products and in many cases equipment to apply those products. So it is a long history of innovation, whether it is on the protective side with the original Bubble Wrap product that goes back ## years or Cryovac with the vacuum shrink bags that go back ##, ## years to package protein. So a long history of innovation has grown to the point today of a Fortune ### company. This year we are on track to break through $# billion in revenue. We continue to spend considerably more than others in packaging space on R&D. Approximately #% of revenue and that goes everywhere from many baguettes been in our R&D labs, one in Italy, one in South Carolina, to work that we spend in the field working with our customers on product innovation to solve specific issues and specific solutions that will work for them and their business. The Company has diversified considerably. This is where the foreign exchange aspect comes into play. Over half of our revenue... 10/1/2008 2:07:30 AMSealed Air54.0000FinalSealed Air at Credit Suisse Chemical Conference TranscriptSEE2:20pm ETTranscriptT1970512Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/newstex/PRN-0005-28263115newstex/PRN-0005-28263115xml NEW YORK, Sep. ##, #### (PRNewswire delivered by Newstex) -- John Castle, Chairman and CEO of Castle Harlan, Inc. will be honored at the #th Annual M&A Advisor Awards Gala, being held on December ##th at the historic Hudson Theatre....08000000080060000400000004016000040160050200000002002000020020069/23/2008 5:18:51 PM180000001800600018016000190000001900100019001032PR Newswire USPRN-0005-28263115SEALED AIR CORPSEENewsNewstexhttp://www.alacrastore.com/storecontent/ccbn/T1976008ccbn/T1976008norm... - Bank of America Securities - AnalystWelcome back to the Sealed Air breakout session at the ##th annual investment conference for Bank of America. Before we begin, as you're aware we are required to make a number of conflict of interest and related disclosures in connection with our participation at this conference. If you would like to see these important disclosures, they're at the back of the room. They're also available on the Web if you're listening there. Let's continue where we left off. Any questions from the audience for Bill? Maybe I'll start again. We do? Sorry. ... 9/16/2008 3:06:00 PMSealed Air54.0000FinalSealed Air at Bank of America Securities Annual Investment Conference - Breakout Session TranscriptSEE8:30am PTTranscriptT1976008Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1970515ccbn/T1970515norm... - Bank of America Securities - AnalystI want to welcome you here to the conference, obviously interesting times. Before we begin, as you know, we're required to make a number of conflict of interest and related disclosures in connection with our participation in this conference and the companies that we may discuss. If you want to look at those important disclosures, they're in the back of the room. They're also available on the web if you're listening there. With that aside, here from the Company today is old friend, Bill Hickey, President and Chief Executive Officer of Sealed Air Corporation; and Director of Investor Relations, Amanda Butler. Prior to his appointment as present CEO in ####, Bill served in a variety of executive positions, including Chief Operating Officer, Executive Vice President, Chief Financial Officer and VP and General Manager of the Cellular Products Division of Sealed Air. Bill joined Sealed Air in ####. Without further ado, I give you Bill Hickey and Amanda... 9/15/2008 4:05:00 PMSealed Air54.0000FinalSealed Air at Bank of America Securities Annual Investment Conference TranscriptSEE11:00am ETTranscriptT1970515Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/cs/73183cs/73183norm Basic Industry Short Interest: #H July #### Short interest for our chemical names declined #.#%, with ## of the ## names posting a decrease.  Short interest for the metal and mining names increased #.#%, reaching a new high for the...731832225YesD0Article6753513425162164100149411270515061137216586311639409911511666157114711691181145202198645114966381648248148corphy1161455854Euro Markets Issuers42High Yield59Short Interest8/14/2008 12:05:00 AM150In the two-week period ending July 28th, short interest in the basic industry coverage universe declined 3.2% to 373.0 million shares.4173183Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/72552cs/72552norm Owens-Illinois #Q##: Earnings Beat the Street but Shares Take Pummeling We review OI's #Q## earnings with an emphasis on operating fundamentals, relative value and the company's share price. We review key trends in the company's core...725521545YesD0Article61991863176938corphy1642High Yield7/31/2008 10:05:51 PM150Owens-Illinois (B2/B+) reported second quarter adjusted EBITDA of roughly $499 million up from $408 million in the year-ago quarter and $427 million. However despite 20%+ YOY EBITDA growth, OI's shares took a pummeling.72552Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/B1896393ccbn/B1896393norm...Showed a solid increase in sales both in volume and price mix despite the challenges of ongoing weak economic conditions. ... 7/30/2008 1:06:00 PMSealed Air54.0000EditedSealed Air Q2 2008 Earnings Conference Call SummarySEE11:00am ETBriefB1896393Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1896393ccbn/T1896393norm...Good morning, everyone. Welcome to the Sealed Air conference. Today's call is being recorded. Hosting the call today will be Bill Hickey, President and CEO, and David Kelsey, CFO. After management's prepared comments they will be taking questions. (OPERATOR INSTRUCTIONS). We ask that you please limit yourself to one question and a brief follow-up question per caller so that others will have a chance to ask their questions. Now at this time I'd like to turn the call offer to Amanda Butler, Director of Investor Relations. Please go ahead. ... 7/30/2008 1:06:00 PMSealed Air54.0000FinalSealed Air Q2 2008 Earnings Conference Call TranscriptSEE11:00am ETTranscriptT1896393Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/cs/71972cs/71972norm Relative Value in Industrial Packaging Markets: June #### We review the latest industrial packaging data with an emphasis on the recently implemented $## per ton price hike, as well as the supply outlook. Additionally, we focus on...719722098YesD0Article116313426111378639911769207381001corphy1642High Yield54Euro Markets Issuers150Box shipments in June declined 3.5% on an average week basis, comparing negatively to flat shipment data in May but favorably to April's decline of roughly 7.6%.7/22/2008 2:07:00 AM71972Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/71834cs/71834norm Crown Holdings #Q##: Global Exposure Offers Shelter From the Storm We review CCK's impressive #Q## earnings with an emphasis on relative value, event risk, operating fundamentals, financial condition and currency exposure. We examine...718341774YesD0Article61991863381769207corp1668Earnings Reports - Industrials/Consumer7/17/2008 9:06:15 PM150Crown Holdings reported second quarter adjusted EBITDA of roughly $303 million, up from $250 million in the year-ago quarter and well in excess of expectations.71834Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/71700cs/71700norm #H## North America Packaging Sector Relative Value Outlook: Pack it Up or Pack it In? We provide a #H## relative value outlook for credits in our North America Packaging coverage universe which includes industrial, consumer and non-paper...717004631YesD0Article116313426111378639911001207176959164838corphy1621Sector Outlooks42High Yield7/16/2008 10:04:49 AM150In advance of 2Q08 earnings and with an eye towards credit trends in 2H08, we provide a relative value update for companies in our North America Packaging Universe.71700Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/71617cs/71617norm Basic Industry Short Interest: #H June #### In the two-week period ending June ##th, short interest in the basic industry coverage universe increased #.#% to ###.# million shares.  Short interest for the chemicals sector declined...716171882YesD0Article6753551631013421113810011127051168863113717064194015011639911511571118114714519764520419896616661141648248148corphy145851642High Yield54Euro Markets Issuers34Companies with Convertibles59Short Interest33Capital Structure7/15/2008 12:05:00 AM150In the two-week period ending June 25th, short interest in the basic industry coverage universe increased 0.8% to 294.9 million shares.71617Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/71068cs/71068norm Basic Industry Short Interest: #H June #### Short interest for the chemicals sector jumped ##.#% to approximately ###.# million shares, with ## of the ## chemical names posting increases.  In the metals & mining sector, short interest increased...710681655YesD0Article53567516112100141705134299111376151150940116338147148645157119824816481666114145966corphy1581614542High Yield54Euro Markets Issuers59Short Interest6/30/2008 12:06:23 AM150In the two-week period ending June 10th, short interest for the basic industry coverage universe increased 6.3% to 292.4 million shares.71068Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/69706cs/69706norm Basic Industry Short Interest: #H May #### Total short interest as of May ##th for the North American basic industry companies included in this report increased #% over the two-week span, as the three sector groupings posted increases...697061995YesD0Article134251615031067705100153511211371168416863116394099115111111811571166620414564519814711424896638148corp581416534Companies with Convertibles33Capital Structure59Short Interest42High Yield5/26/2008 11:07:00 PM150Total short interest as of May 12th for the North American basic industry companies included in this report increased 9% over the two-week span, as the three sector groupings posted increases in short interest.69706Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/spcred/649619spcred/649619normThe latest Summary from S&Pglobal5/21/2008 3:23:00 PM175Summary649619United StatesPaper PackagingUnited StatesGlobal IssuersCorporationsChemicalsPackagingSummaryThe ratings on Sealed Air Corp. reflect the company's strong business risk profile and its fairly consistent free cash flow. These factors are offset by a somewhat aggressive financial profile. Elmwood Park, N.J.-based Sealed Air is a leading global manufacturer of a wide range of packaging and performance-based materials and equipment systems that serve an array of food, industrial, medical, and consumer applications. The company, with annual revenues of about $4.7 billion, benefits from significant geographic diversity, with more than half of its sales generated outside the U.S. Meaningful barriers to entry include strong market positions, global infrastructure, technological expertise and innovation, and powerful brands including Cryovac® flexible packaging (primarily multilayer shrink bags and films for food) and Bubble Wrap®USA81211581211K15103020 151030 1510 15Sealed Air Corp.113886USASEESUMMARYGLOBISSCORPChemicalsPackagingCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/cs/59682cs/59682norm Basic Industry: September Short Interest Report Total short interest as of September ## for the North American basic industry companies included in this report increased #.#% from the prior month (August ##).  Chemical short interest...596822314YesD0Article134251631094015070510011126753519819724896638148Total short interest as of September 11 for the North American basic industry companies included in this report increased 7.9% from the prior month (August 10).15111639911168863111157111811666202204645145150161211376170641114147corp585161434Companies with Convertibles33Capital Structure59Short Interest42High Yield5/15/2008 12:12:43 PM59682Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/58782cs/58782norm Basic Industry: August Short Interest Report Total short interest as of August ## for the North American basic industry companies decreased #% from the prior month, as subprime concerns weighed on equity values which likely prompted...587822837YesD0Article5166731013425351001111112705150611371706411168116394099115138204157120219814564519714716482481666966114148corphy581651442High Yield33Capital Structure34Companies with Convertibles59Short Interest5/14/2008 11:06:26 AM150Subprime-induced equity weakness appears to have prompted some profit taking among basic industry short investors, and after peaking in June, aggregate short interest sits flat to the rolling 12-month average.58782Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/69116cs/69116norm Basic Industry Short Interest: #H April #### Total short interest as of April ## for the North American basic industry companies included in this report increased #% over the last # weeks as bearish sentiment moderately climbed in a...1511163148248147157116661981648145645966114corphy1225581614542High Yield59Short Interest54Euro Markets Issuers5/12/2008 12:06:46 AM150Total short interest as of April 25 for the North American basic industry companies included in this report increased 1% over the last 2 weeks as bearish sentiment moderately climbed in a period which saw the S&P 500 rise 2.8%.691161893YesD0Article675351342516100138112705113799141694015069116Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/68896cs/68896norm Owens-Illinois & Crown Holdings #Q##: Relative Value Comparison We discuss #Q## earnings for Owens-Illinois and Crown Holdings in the context of global packaging trends, event risk and the outlook for ####. We also compare both companies'...688962889YesD0Article991611769corphy1642High Yield68Earnings Reports - Industrials/Consumer5/6/2008 11:06:29 PM150Owens-Illinois and Crown Holdings both reported first-quarter earnings in excess of analyst expectations, however OI's operating performance continues to outpace CCK's. We review 1Q08 results for both credits, focusing on relative value.68896Credit & Investment ResearchCreditSights