A. Schulman (SHLM) raises its revenue guidance on the strength of higher volumes, improved...

|By:, SA News Editor

A. Schulman (SHLM) raises its revenue guidance on the strength of higher volumes, improved margins, and favorable tax adjustments. The firm now sees FY11 revenue of $58M, up from its previous guidance of $50M-$52M. The plastics maker says it will will boost its quarterly dividend by 10% to $0.17 a share.