On Friday, Shares of Scorpio Bulkers Inc (NYSE:SALT), added 15.66 % and closed at $4.80 in the last trading session. The last trading range of the stock ranges between $4.05 and $4.82. Scorpio Bulkers Inc., together with its auxiliaries, engages in the marine transportation of dry bulk commodities. Its vessels transport a range of major and minor bulk commodities, counting ores, coal, grains, and fertilizers along worldwide shipping routes. As of Feb 29, 2016, the company owned 33 vessels consisting of 14 Kamsarmax vessels and 19 Ultramax vessels; had time charters-in 3 dry bulk vessels comprising 1 Supramax, 1 Panamax, and 1 Kamsarmax vessels); and contracted for 16 dry bulk vessels, counting 7 Kamsarmax and 9 Ultramax from shipyards in Japan and China. Scorpio Bulkers Inc.
Sealed Air Corp (NYSE:SEE), dropped -0.38% and closed at $46.77 in the last trading session. The last trading range of the stock ranges between $46.47 and $47.02. The company’s Market capitalization is $9.01 Billion with the total Outstanding Shares of 193.31 million. Sealed Air Corporation (SEE) recently declared the launch of its StealthWrap™ ultra durable cartoning solution, a patented micro-layer, opaque cartoning alternative which allows primary package cartons to be protected for transit without the need for outer boxes or additional packaging materials.
The company also declared that XPO Logistics (XPO), a leading global provider of transportation and supply chain solutions, will be the first to bring this innovative packaging solution to market in the logistics industry. XPO is deploying StealthWrap™ in several distribution centers where it fulfills and ships e-commerce orders for customers.
StealthWrap™ is an exclusively engineered packaging product that provides security and protection while eliminating the need for extra shipping cartons and packing materials. When applied, StealthWrap™ shrinks and adheres to the dimensions of the product, obscures any markings or identification of the product inside, and provides a strong, damage-resistant covering.