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Jefferies Reiterates Buy and PT of $8 on Penford Corporation
Friday, July 8, 2011 - 6:26am | 47Jefferies reiterated its Buy rating on Penford Corporation (NASDAQ: PENX). At the same time, the rating agency left its price target on the company's stock unchanged at $8. On Thursday, Penford added 2.12% to its value to end the day at $5.29.
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Jefferies Provides Color on Solutia
Friday, July 8, 2011 - 6:00am | 111Jefferies provided color on Solutia (NYSE: SOA). In a research report published today, Jefferies commented on the company's expected Q2 results. In the report, Jefferies states, “We expect Solutia to meet or beat our Q2 EPS estimate of $0.55 (vs. $0.56 consensus) and likely maintain the 2011E...
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Morgan Stanley Coverage Discontinuations 7/6
Thursday, July 7, 2011 - 6:04am | 161Morgan Stanley has discontinued coverage on the following companies: Albemarle (NYSE: ALB) Eastman Chemical (NYSE: EMN) Celanese (NYSE: CE) Kraton Performance (NYSE: KRA) LyondellBasell (NYSE: LYB) DuPont (NYSE: DD) Dow Chemical (NYSE: DOW) PPG Industries (NYSE: PPG) Praxair (NYSE: PX) Sherwin-...
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Earnings Scheduled For July 7
Wednesday, July 6, 2011 - 11:32pm | 149Helen of Troy Limited (NASDAQ: HELE) is expected to report its Q1 EPS at $0.76 on revenue of $260.20 million. International Speedway Corporation (NASDAQ: ISCA) is expected to report its Q2 EPS at $0.27 on revenue of $138.25 million. WD-40 Company (NASDAQ: WDFC) is projected to report its FQ3 EPS...
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Top 4 Large-Cap Stocks In The Conglomerates Industry With The Highest Cash
Wednesday, July 6, 2011 - 11:31pm | 140Below are the top large-cap conglomerates stocks on the NYSE and the NASDAQ in terms of cash. General Electric Company (NYSE: GE) had $82.17 billion in total cash and $466.69 billion in total debt for the latest quarter. E.I. du Pont de Nemours and Company (NYSE: DD) had $4.82 billion in total...
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ConocoPhillips Trashes Northern China with an Oil Spill
Wednesday, July 6, 2011 - 5:00am | 407China Daily shares this via Xinhua (state media... like ABC, CBS, etc...): China's State Oceanic Administration (SOA) said Tuesday that US energy giant ConocoPhillips is responsible for an oil spill in the country's northern sea area. The leak, which took place last month at the Penglai 19-3...
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Top 4 Small-Cap Stocks In The General Building Materials Industry With The Lowest PEG Ratio
Thursday, June 30, 2011 - 11:23pm | 119Below are the top small-cap general building materials stocks on the NYSE and the NASDAQ in terms of PEG ratio LSB Industries Inc (NYSE: LXU) has a PEG ratio of 1.19. LXU's trailing-twelve-month ROE is 25.88%. Amcol International Corporation (NYSE: ACO) has a PEG ratio of 1.38. ACO's trailing-...
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Options Brief: Solutia Inc.
Thursday, June 30, 2011 - 9:37am | 106Shares of Solutia Inc. (NYSE: SOA) are higher on the session by 2.24%, trading at $22.80. Overall put volume is now running at 15.67x the daily average, with 3% of all puts traded being purchases on the offer. 1,034 contracts have traded on the session so far. Solutia Inc. is a global...
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Jefferies Has Buy Rating On DuPont
Tuesday, June 28, 2011 - 6:44am | 92Jefferies & Co. has a Buy rating and a $61 price target on shares of DuPont (NYSE: DD). In a note to clients, Jefferies & Co. writes, "To better reflect recent price increases in the TiO2 market, partly offset by margin pressure in DuPont's coatings business and a weaker outlook for...
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Jefferies Raises PT On Huntsman To $26
Tuesday, June 28, 2011 - 5:24am | 26Jefferies & Company has raised the price target on Huntsman (NYSE: HUN) from $25 to $26 and maintains its Buy rating.
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Stocks Shrug Off Greece, Deficit Uncertainty
Monday, June 27, 2011 - 12:35pm | 149(TheStreet) -- Technology, financials and conglomerates were leading stocks higher as austerity plan negotiations in Greece and deficit reduction talks in Washington heat up. The Dow Jones Industrial Average was up by 105 points, or 0.9%, at 12,040. The S&P 500 was higher by 10 points, or 0.8...
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Liveris Named Co-Chair of U.S. President Obama's Newly Formed Advanced Manufacturing Partnership
Friday, June 24, 2011 - 5:58am | 227The Dow Chemical Company (NYSE: DOW) today announced that Andrew N. Liveris, Chairman and Chief Executive Officer, has been appointed by U.S. President Barack Obama as Co-chair of the newly formed Advanced Manufacturing Partnership. Liveris will be joined by Susan Hockfield, President of the...
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FMC Lithium Announces Global Price Increases
Thursday, June 23, 2011 - 3:53pm | 62FMC Lithium announced today that effective July 1, 2011, or as contracts permit, it will increase prices 20 percent for lithium carbonate and between 15 and 25 percent, depending on product grade, for a range of lithium products, including lithium hydroxide, lithium chloride, specialty lithium...
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LSB Industries Reports Status of Production at Pryor Facility
Thursday, June 23, 2011 - 3:02pm | 119LSB Industries, Inc. (NYSE: LXU) today updated the status of production at its Pryor, OK Facility. As previously reported, the Pryor Facility was shut down on May 30, 2011, for unplanned maintenance on the anhydrous ammonia plant. The repairs were completed and the ammonia plant was returned to...