Diversified Chemicals

Goldman Sachs has downgraded The Dow Chemical Company (NYSE: DOW) and LyondellBasell Industries (NYSE: LYB) from Buy to Neutral.

Bank of America has downgraded its rating on Eastman Chemical Co. (NYSE: EMN) from Buy to Neutral but is maintaining its $102 price target on the stock. Says Bank of America, in the report, “In connection with our reassessment of risk within the chemicals sector, we downgrade Eastman shares to...

This is your Benzinga news summary and traders' outlook for Wednesday, August 10, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower as traders take profits after a 400 point rally in the Dow...

Bank of America has downgraded Eastman Chemical Company (NYSE: EMN) from Buy to neutral and has lowered the price objective from $130 to $102.

MAKO Surgical (NASDAQ: MAKO) +22.61% after Piper Jaffray reiterates its Overweight rating and raises PT to $36. Northern Oil & Gas (NYSE: NOG) +21.43% on heavy volume. Scientific Games (NASDAQ: SGMS) +16.17% on upbeat earning reported this morning. Live Nation Entertainment (NYSE: LYV) +...

Shares of Ashland (NYSE: ASH) are lower on the session by 2.87%, trading at $51.73. Overall put volume is now running at 4.52x the daily average, with 58% of all puts traded being purchases on the offer. 1,771 contracts have traded on the session so far. Ashland Inc. business consists of five...

Huntsman Corporation (NYSE: HUN) today announced that the company's board of directors has authorized the company to repurchase up to $100 million in shares of its common stock. This program is effective immediately. Repurchases under this program will be made through the open market or in...

FMC Corporation (NYSE: FMC) announced today it has executed a new $1.5 billion unsecured credit agreement with a group of lenders. Loans under the facility can be used for general corporate purposes. The agreement has an option to increase the amount available to $2.25 billion and has a five-year...

J.P. Morgan has published a report on Huntsman Corporation (NYSE: HUN) lowering the price target $6. In the report J.P. Morgan wrote, "Huntsman shares declined ($5.49) yesterday or (31%) following the company's reporting 2Q:11 results that fell $0.01 shy of Consensus. The decline in Huntsman...

The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared a two-for-one split of the company's common stock and increased the quarterly cash dividend on the company's common stock by 11 percent to $0.52 per share on a pre-split basis. The stock split will be in the form of a 100...

JP Morgan has lowered the price target on the Huntsman Corporation (NYSE: HUN) from $20 to $14 and maintains its Neutral rating.

Fluor Corporation (NYSE: FLR) announced today that the Saudi Arabian Oil Company and The Dow Chemical Co. (NYSE: DOW) have awarded the firm a reimbursable engineering, procurement and construction management contract for all of the utilities and offsites at the al-Jubail chemical complex in Saudi...

PPG Industries (NYSE: PPG) announced today that it and its subsidiary, PPG Colombia, have entered into an agreement to purchase the coatings businesses of Colpisa Colombiana de Pinturas, a privately-owned Colombian coatings company, and its affiliates, including Colpisa Ecuador. The transaction is...

Eastman Chemical (NYSE: EMN) announced that one of its wholly owned subsidiaries has acquired from E&A Industries, Inc., the assets of Dynalo, a specialty chemical business based in Indianapolis, Indiana. This acquisition, which includes Dynaloy's inventory, equipment, intellectual property,...

According to Jefferies, FMC Corp. (NYSE: FMC) outlook is in line. Jefferies said that adjusted Q2 EPS of $1.53 was $0.02 above both consensus and the forecast. “Segment profits, which were $0.09 better than our forecast, were mostly offset by higher corporate expenses and minority interests. Taxes...