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Stock impact report

Futures drop on hawkish Fed, disappointing industrial earnings [Reuters]

Sealed Air Corporation (SEE) 
Last sealed air corporation earnings: 2/11 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.sealedair.com
Company Research Source: Reuters
Futures drop on hawkish Fed, disappointing industrial earnings | Reuters 3 Min Read (Reuters) - U.S. stock futures fell on Thursday, as some industrials reported disappointing results, while the Federal Reserve’s minutes showed officials broadly agreed on raising interest rates further, fanning concerns that contributed to last week’s brutal selloff. Shares of Textron ( TXT.N ) fell 8 percent in premarket trading after the Cessna jet maker reported a lower-than-expected quarterly profit, hit by a slump in sales of its turboprop aircraft. Sealed Air Corp ( SEE.N ) shares tumbled 9.3 percent after the packaging company lowered its full-year profit outlook due to higher-than-expected raw material and freight costs. Textron and Sealed Air were the top decliners among S&P; 500 companies before the bell. Equipment rental company United Rentals ( URI.N ) fell 4.7 percent after its results. Lindsay Corp ( LNN.N ) dropped 5 percent after the water filtration equipment maker warned weak Show less Read more
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