Sealed Air, the maker of Bubble Wrap, posted second-quarter earnings and announced plans to pursue “strategic options.” The New Jersey firm’s profit, excluding items, was 20 cents a share, which trailed the 35-cent analysts’ estimate. It pared its full-year forecast to $1 to $1.10 per share, from $1.50 to $1.60. It will cut 900 jobs this year as part of an effort to slash costs amid slower demand.