Commodity Chemicals

Below are the top chemicals-major diversified stocks on the NYSE and the NASDAQ in terms of cash. EI DuPont de Nemours & Co (NYSE: DD) had $5.98 billion in total cash and $12.39 billion in total debt for the latest quarter. The Dow Chemical Company (NYSE: DOW) had $3.13 billion in total cash...

Oppenheimer & Co. has an Overweight rating and a $37 price target on shares of Perfect World Co., Ltd. (ADR) (NASDAQ: PWRD) going into earnings being released this week. In a research note sent to clients, Oppenheimer writes, "strong seasonal performance of FWJ. PWRD may disappoint due to...

For Immediate Release Chicago, IL – November 12, 2010 – Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...

Auriga has published a research report on NetEase.com, Inc. (NASDAQ: NTES) in anticipation of the company's 3Q results, expected to be reported on 11/17. In the report, Auriga writes "NetEase.com (NTES, Buy) will report 3Q10 results on Wednesday, Nov. 17th after the market close followed by an 8pm...

Westlake Chemical Corporation (WLK) blew by the Zacks Consensus Estimate by 44% in the third quarter as earnings per share doubled compared to a year ago. Sales prices and volumes were both jumping as the chemical sector remains hot. Westlake is at the center of the industrial economy as its...

Calgon Carbon Corporation (CCC) reported a profit of $10 million or 18 cents per share in the third quarter of 2010 compared with 25 cents in the year-ago quarter. Reported earnings were in line with the Zacks Consensus Estimate. Revenues Sales in the quarter increased 15.7% to $124.4 million...

In a report released this morning, Goldman Sachs said that it has raised its Westlake Chemical Corporation (NYSE: WLK) price target to $33 from $29. “We are raising our 2010/2011/2012 EPS estimates to $2.79/$2.28/$2.31 from $1.90/$1.70/$1.75 based on recent and projected hikes in polyethylene...

Arabian American Development Co. (Nasdaq: ARSD) today announced financial results for the third quarter and nine month period ended September 30, 2010. Financial Highlights * Sales volume of petrochemical products increased by 2.3% from the third quarter of 2009. * Revenue for the third...

Innophos Holdings, Inc. (NASDAQ: IPHS) is down sharply today, after it reported earnings that didn't live up to expectations. The company reported a loss of 10 cents per share. Excluding items, Innophos earned 75 cents a share, the company said. Revenue rose 4% from last year to $169 million. At...

Board of Directors of Koppers Holdings Inc. (NYSE: KOP) today declared a quarterly dividend of $0.22 per common share, payable January 7, 2011 to stockholders of record as of the close of business on November 15, 2010.

BB&T Capital Markets downgrades Innophos Holdings (NASDAQ: IPHS) from Buy to Hold.

Westlake Chemical Corporation (NYSE: WLK) announced on Wednesday morning that it beat consensus Wall Street estimates. Westlake Chemical Corporation reported that its 3rd quarter net income more than doubled to $62.7 million, or 95 cents per share, up from $29.8 million, or 45 cents per share, a...

Gilford Securities is downgrading shares of Celanese (NYSE: CE) from Buy to Hold on a valuation move. It has a $36 price target on shares. In a note to clients, Gilford writes, "In the past four months, the stock has gained 30% and reached our $36 price target. Also, following reports of 2Q and 3Q...

Methanex Corporation (NASDAQ: MEOH) reported 3Q10 revenues of $481 MM and adjusted EPS of $0.11, which was generally in line with lowered expectations, Dahlman Rose & Co. reports. “We have increased our 4Q10 EPS to $0.44 (prior $0.30) and FY11 estimate to $3.19 (prior $2.96) due to favorable...

Calgon Carbon Corporation (NYSE: CCC) announced results for the third quarter ended September 30, 2010. For the third quarter of 2010, the company reported income from operations of $14.6 million, as compared to $14.1 million for the third quarter of 2009. Net income for the third quarter of 2010...