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Jefferies Lowering Earnings Estimates On Ashland
Thursday, June 9, 2011 - 6:30am | 103Jefferies & Co. is lowering its earnings estimates on shares of Ashland (NYSE: ASH). It has a Buy rating and a $79 price target on shares. In a note to clients, Jefferies writes, "Ashland has clarified some issues affecting Q3 results as well as its comments on the recently announced ISP...
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Credit Suisse's Estimates and Price Target Changes 6/9
Thursday, June 9, 2011 - 5:56am | 345Credit Suisse made a number of estimates and price target revisions in a research report published today. UnitedHealth Group (NYSE: UNH) had its price target raised to $69 from $62. In the report, Credit Suisse states, " [the company's] growth target seems more achievable now than it did last...
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Top 4 Small-Cap Stocks In The Specialty Chemicals Industry With The Lowest PEG Ratio
Thursday, June 9, 2011 - 12:03am | 111Below are the top small-cap specialty chemicals stocks on the NYSE and the NASDAQ in terms of PEG ratio Gulf Resources Inc (NASDAQ: GFRE) has a PEG ratio of 0.09. GFRE's trailing-twelve-month operating margin is 44.86%. OMNOVA Solutions Inc (NYSE: OMN) has a PEG ratio of 0.28. OMN's trailing-...
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Dow AgroSciences to Acquire Prairie Brand Seed
Wednesday, June 8, 2011 - 2:00pm | 95Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company (NYSE: DOW) announced today it intends to purchase certain assets of Sansgaard Seed Farms, Inc., of Story City, Iowa. The transaction is expected to close in the near future. Under the terms of the agreement, Dow...
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DuPont Reaffirms 2011 EPS Outlook of $3.65 to $3.85
Tuesday, June 7, 2011 - 8:31am | 90DuPont (NYSE: DD) Chair and CEO Ellen Kullman told investors at the JPMorgan Diversified Industries Conference to expect attractive long-term growth from DuPont through product and process innovation, selective investment in attractive areas, broad-based growth, especially in developing markets,...
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Solutia will Expand Diphenyl Oxide Production
Tuesday, June 7, 2011 - 8:04am | 145Solutia Inc. (NYSE: SOA), a global leader in performance materials and specialty chemicals, announced today that it will expand its diphenyl oxide production capacity at its operation in Chocolate Bayou, Texas. The expansion is intended to help meet the increased demand for diphenyl oxide across a...
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Options Brief: Solutia Inc.
Monday, June 6, 2011 - 10:13am | 106Shares of Solutia Inc. (NYSE: SOA) are lower on the session by 2.30%, trading at $23.04. Overall call volume is now running at 4.68x the daily average, with 17% of all calls traded being purchases on the offer. 2,080 contracts have traded on the session so far. Solutia Inc. is a global...
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UPDATE: Deutsche Bank Reinstates DuPont at Buy
Monday, June 6, 2011 - 6:25am | 134Deutsche Bank is out with its report today on DuPont (NYSE: DD), reinstating DD at Buy. In a note to clients, Deutsche Bank writes, "Following a 5 month restriction (DB was an advisor to Danisco on its recently completed acquisition by DuPont), we are reinstating coverage of DuPont with a Buy...
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Deutsche Bank Raises PT on DuPont to $58
Monday, June 6, 2011 - 5:00am | 29Deutsche Bank has reinstated coverage on DuPont (NYSE: DD) with a Buy rating and has raised the price target from $55 to $58.
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UPDATE: J.P. Morgan Resumes Coverage on DuPont at Overweight
Friday, June 3, 2011 - 7:28am | 140J.P. Morgan is out with its report today on DuPont (NYSE: DD), resuming coverage at Overweight. In a note to clients, J.P. Morgan writes, "We were restricted on DuPont due to J.P. Morgan's involvement in the transaction announced on January 9, 2011. Now that the transaction is complete, we are...
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JP Morgan Resumes DuPont At Overweight, $60 PT
Friday, June 3, 2011 - 6:04am | 24JP Morgan has resumed coverage on DuPont (NYSE: DD) with an Overweight rating and $60 price target.
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Top 4 Mid-Cap Stocks In The Chemicals-Major Diversified Industry With The Highest EPS Estimates
Wednesday, June 1, 2011 - 11:53pm | 146Below are the top mid-cap chemicals-major diversified stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Eastman Chemical Company (NYSE: EMN) for the next year ending December, 2012 is $9.94 per share. EMN's trailing-twelve-month ROE is 29....
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What's Hot On TheStreet
Wednesday, June 1, 2011 - 1:13pm | 281Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Greece: Avoid Day of Reckoning Like the U.S. Every morning I have to digest a seemingly endless plethora of hair-raising financial news. I've got to worry these days about so many simultaneous crises that my head...
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PPG Acquires Ducol Coatings; Terms not Disclosed
Wednesday, June 1, 2011 - 9:06am | 48PPG Industries (NYSE: PPG) today announced that it has acquired the business of Ducol Coatings South Africa Ltd., which has served as an importer and distributor of PPG's automotive refinish products in South Africa since 2003. Financial terms were not disclosed.
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Solutia Announces Price Increase for Advanced Interlayers
Wednesday, June 1, 2011 - 7:32am | 136Solutia Inc. (NYSE: SOA) announced today that the company's Saflex® polyvinyl butyral product portfolio will be subject to a 5 percent price increase effective July 1, 2011. The price increase is directly related to the increase in raw material costs in 2011 and will allow Solutia to continue to...