Diversified Chemicals

Oppenheimer is out with its report today on DuPont (NYSE: DD), maintaining Perform. In its report, Oppenheimer writes, "DuPont was sober, but cautiously optimistic, in our recent meeting, acknowledging the dour macro headlines, but not seeing much confirmation yet in its own business. This is...

Oppenheimer has published a research report on DuPont (NYSE: DD). In the report, Oppenheimer wrote, "DuPont was sober, but cautiously optimistic, in our recent meeting, acknowledging the dour macro headlines, but not seeing much confirmation yet in its own business. This is consistent with other...

PPG Industries (NYSE: PPG) announced today that it has signed a letter of intent with Harsha Exito Engineering Private Limited (India) to establish a 50-50 joint venture for the manufacture and sale of fiber glass reinforcement products. The transaction is subject to the completion of due diligence...

J.P. Morgan Chase & Co. is out with a research report on Cabot Corporation (NYSE: CBT) and is suspending its price target and rating. In a note to clients, J.P. Morgan Chase & Co. writes, "On Thursday, August 25, Cabot announced that it entered into a Sale and Purchase Agreement with...

Cabot Corp. (NYSE: CBT) has entered into an agreement to sell its Supermetals business to Global Advanced Metals for a minimum of $400 million in total cash consideration, company officials announced today. The transaction is subject to regulatory approval and is expected to close by the end of the...

Below are the top large-cap specialty chemicals stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at Mosaic Company (The) (NYSE: MOS) is 25.30%. MOS' ROE for the same period is 24.63%. The trailing-twelve-month profit margin at Williams Partners...

ShengdaTech (NASDAQ: SDTH) announced today that the U.S. Bankruptcy Court for the District of Nevada granted the Company's motion for a temporary restraining order enjoining the Company's shareholders and the members of the Company's Board of Directors, from taking any action, including the...

FMC Corporation (NYSE: FMC) announced today its Agricultural Products Group has entered into two exclusive agreements covering global development and supply of Chr. Hansen biological products for agricultural and ornamental markets. FMC will begin commercialization this year of Chr. Hansen's Nemix...

Deutsche Bank is out with its report today on Ashland (NYSE: ASH), reiterating Buy. In its report, Deutsche Bank writes, "With Ashland the most levered US chemical company to lower oil prices, crude oil down ~11% QTD and valuation attractive at 8.3x '12E EPS vs specialty chemical peers at 9.8x, we...

Jefferies is out with its report today on Ashland (NYSE: ASH), reiterating Buy. In its report, Jefferies writes, "While Aqualon continues to outperform, trends were slightly weaker than we expected in Performance Materials, Water Technologies, and Valvoline in July. We are raising Q4 EPS $0.01 to...

ShengdaTech (NASDAQ: SDTH) announced today that it has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code with the U.S. Bankruptcy Court for the District of Nevada. The Chapter 11 process will facilitate the Company's financial and operational restructuring, with the objective...

Solutia Inc. (NYSE: SOA) today announced that it has added new members to its executive leadership team. Newly elected members include Mr. D. Michael Donnelly, who has been named executive vice president and chief operating officer, and Mr. Nadim Qureshi, who has been named senior vice president...

Dow AgroSciences LLC, a subsidiary of The Dow Chemical Company (NYSE: DOW), and M.S. Technologies LLC announced today a collaborative submission to the U.S. Department of Agriculture (USDA) for the approval of the first-ever, three-gene herbicide-tolerant soybean. This new soybean event developed...

This is your Benzinga news summary and traders' outlook for Friday, August 12, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading flat after a 400 point rally in the Dow yesterday. At last check, Dow...

Goldman Sachs has downgraded Eastman Chemical Company (NYSE: EMN) from Neutral to Sell with an $89 price target.