LSC Communications Inc
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Industrials : Commercial Services & Supplies | Small Cap ValueCompany profile

LSC Communications, Inc. focuses on traditional and digital print, print-related services and office products. The Company's segments are Print and Office Products. The Company, through its Print segment, provides a range of print product offerings, which include magazines, catalogs, retail inserts, books and directories. In addition to printed products, the Company also provides a number of print-related services, such as supply chain management, mail services, e-book formatting and distribution services. Its Print segment services over 3,000 customers, including publishers of magazines, books and directories, online retailers, catalogers, mass merchandisers and contract stationers. In its Office Products segment, the Company manufactures and sells a range of branded and private label products, primarily within the core categories, including filing products; note-taking products; binder products; tax and stock forms, and envelopes.

Closing Price
$9.41
Day's Change
1.12 (13.51%)
Bid
--
Ask
--
B/A Size
--
Day's High
9.70
Day's Low
8.42
Volume
(Heavy Day)
Volume:
1,054,917

10-day average volume:
411,032
1,054,917

UPDATE: GE's credit rating outlook turns 'negative' at Fitch; stock drops

12:44 pm ET February 7, 2019 (MarketWatch)
Print

The outlook for General Electric Co.'s (GE) credit has been revised to negative from stable at Fitch Ratings, which cited concerns over risks to the diversified industrial company's power business, free cash flow and support for GE Capital. GE's stock dropped 3.8% in midday trade. The credit rating agency affirmed GE's long-term rating of BBB+, which is three notches above "junk" status, and its short-term rating of F2. Fitch said further deterioration in GE's power business since the third quarter and expectations for lower industrial FCF in 2019 magnify execution risks, which could outweigh positive developments that include lower leverage from planned asset sales and ongoing restructuring initiatives. The stock has rallied 9.5% over the past three months but has tumbled 34% over the past 12 months, while the Dow Jones Industrial Average has lost 4.3% the past three months but gained 0.7% the past year.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

February 07, 2019 12:44 ET (17:44 GMT)

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