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Element Solutions Inc. issued the following statement:
Element Solutions recently detected a cyber intrusion on certain of the Company’s information technology systems. Upon detection of the incident, the Company promptly took action to contain it and implement business continuity and data recovery protocols. The Company engaged leading cyber security experts and notified relevant law enforcement authorities as part of its incident response. The impact of this incident is expected to be limited and has not changed the Company’s outlook for net sales or adjusted EBITDA in 2022. For the fiscal year 2021, the Company is reconfirming its previously announced guidance and expects adjusted EBITDA at or above the midpoint of its guidance range.
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Nolan Johnson, I-Connect007
This week has been both speedy and newsy. Of course, those two characteristics often seem to travel as a pair, don’t they? A four-day week here in the United States, accompanied by a wave of high-impact news from a wide variety of sources, would suggest that readers could be expected to spread out all over the news map. Not so much, judging from readership numbers; folks all found their highest value in the same type of news coverage. This week's list of must-reads is dominated by market reports as a result of that focused readership. On our list, we have PCB fabrication and EMS book-to-bill reports, a 10-year market forecast report, and a supply chain sentiment report. In addition, readers flocked to the EWPTE show coverage. Finally, we saw significant reader interest in the most recent podcast on sustainability in our logistical operations.
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Denny Fritz, Fritz Consulting
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