Diversified Chemicals

The Basic Materials Sector is the weakest performing area of the market in today's session, currently down 0.3% on the day. The weakest performing stocks in the S&P Basic Materials Sector currently are: 1) CF Industries (NYSE: CF): Shares of CF Industries are currently trading down 4% from...

It seems as though the perception for years in this country has been that manufacturing in the United States is a thing of the past. During the 2008 election season, John McCain told a group of laid-off workers in Michigan that, quite simply, manufacturing jobs were not coming back, The Washington...

Gilford Securities maintained its Dow Chemical (NYSE: DOW) Hold rating in a research report published today. In the report, Gilford Securities states, "The positives are fairly well known, and we will not dwell on them. Specifically, the global ethylene balance, which was improved vs. earlier...

LSB Industries, Inc. (NYSE: LXU) today announced that its Pryor, OK Facility was shut down on May 30, 2011 for unplanned maintenance. A 6,500 HP compressor motor in the anhydrous ammonia plant at the Pryor Facility was removed, repaired and returned to service and ammonia production resumed on June...

The Basic Materials Sector is one of the worst performing areas of the market today, currently down 1.9% on the session. The weakest stocks in the S&P Basic Materials Sector currently are: 1) CF Industries (NYSE: CF): Shares of CF Industries are currently trading down 4% from yesterday's...

Dow Chemical (NYSE: DOW) is seeing some signs of a “temporary” slowing in demand in Q2, Deutsche Bank reports. “First, adverse weather conditions have impacted agricultural markets and seed plantings,” Deutsche Bank writes. “However this is being offset by high grain prices which incentivize...

According to Goldman Sachs, PPG Industries (NYSE: PPG) Buy rating is reiterated. Goldman Sachs said that, after pre-announcing a sizeable 1Q11 beat on March 30, 2011, that helped propel PPG's share price to around $96/share, the stock has since been under constant pressure now trading at just $85/...

ShengdaTech (NASDAQ: SDTH) reported today that the Company has received a determination indicating that the NASDAQ Listing Qualifications Panel has denied the Company's request for continued listing on NASDAQ and, accordingly, NASDAQ suspended trading of the Company's shares effective with the open...

DuPont (NYSE: DD) will confirm its seed business, Pioneer Hi-Bred, shows strong early financial results through volume gains and price improvements for this season during today's Deutsche Bank Global Industrials and Basic Materials Conference. "Pioneer is on pace for strong growth in its global...

Solutia Inc. (NYSE: SOA) announced today that Jeffry N. Quinn, the Company's chairman, president and chief executive officer, has entered into a variable forward sale contract and a prearranged Rule 10b5-1 stock trading plan, allowing him to sell Company stock in accordance with guidelines...

Shares of Solutia Inc. (NYSE: SOA) are lower on the session by 1.38%, currently trading at $22.20. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the...

PPG Industries (NYSE: PPG) today announced that David B. Navikas, vice president and controller, has been appointed senior vice president, finance, and chief financial officer, effective June 10, 2011, reporting to Chairman and CEO Charles E. Bunch. Navikas succeeds Robert J. Dellinger, who has...

Dahlman Rose is out with its report today on Eastman Chemical (NYSE: EMN), raising its PT from $105 to $112. In a note to clients, Dahlman Rose writes, "We have raised our earnings outlook and our price target to $112/share from $105/share. We believe shares may come under pressure near term due...

Solutia Inc. (NYSE: SOA) is initiating a price increase across its Santoflex® antidegradant line of rubber chemicals of up to 15 percent to offset significant increases in raw material costs. The increase applies to orders shipped on or after July 1, 2011 and will be subject to existing contracts...

Deutsche Bank is out with its report today on Ashland (NYSE: ASH), maintaining Hold. In a note to clients, Deutsche Bank writes, "Ashland is inexpensive on our unchanged 2012 estimate of $5.80, up 68%. However, while valuation is attractive at 10.6x 2012E EPS and 5.7x 2012E EBITDA, we believe the...