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Osha Proposes $61,500 in Fines for Dupont's Yerkes Plant After Citing 17 Safety Violations -Bloomberg (DD)
Thursday, May 5, 2011 - 11:59am | 36Bloomberg reports that OSHA cites Dupont's (NYSE: DD) Yerkes plant and Buffalo contractor. OSHA proposes $61,500 in fines for Dupont's Yerkes plant after citing 17 safety violations after fatal 2010 explosion.
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Gabelli Has Buy Rating On FMC Corp (FMC)
Thursday, May 5, 2011 - 8:23am | 95Gabelli & Co. has a Buy rating on shares of FMC Corp (NYSE: FMC). In a note to investors, Gabelli writes, "Results for the first quarter were strong in all businesses due to volume and selling price increases as well as lower costs; these were partially offset by investments in growth...
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Earnings Roundup For May 5 (GM, CVS, EL, SLE, LFRGY, LINC, SCGLY, IGTE, HUN, CI, FTO, DTV, CVC)
Thursday, May 5, 2011 - 7:48am | 718General Motors Co (NYSE: GM) reported its Q1 profit at $3.2 billion, or $1.77 per share, from $865 million, or $0.55 per share, in the year-earlier period. The latest quarter earnings included special items of $0.82 per share. The company's revenue surged to $36.2 billion, from $31.5 billion....
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Huntsman Reports EPS of $0.47 vs. $0.24 Estimate; Revenues $2.68B vs. $2.38B Estimate (HUN)
Thursday, May 5, 2011 - 6:51am | 21Huntsman (NYSE: HUN) Reports EPS of $0.47 vs. $0.24 Estimate; Revenues $2.68B vs. $2.38B Estimate
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PPG to Purchase European Coatings Company Dyrup (PPG)
Thursday, May 5, 2011 - 6:23am | 81PPG Industries (NYSE: PPG) today announced the signing of a share purchase agreement to acquire Dyrup A/S, a European coatings company based in Copenhagen, Denmark, from its owner, Monberg & Thorsen, a public holding company. The total transaction value, including assumed debt, is around €135...
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Huntsman Swings To Q1 Profit
Thursday, May 5, 2011 - 5:37am | 71Huntsman Corp (NYSE: HUN) swung to a profit in the first-quarter. The company reported its Q1 net profit at $62 million, or $0.26 per share, versus a loss of $172 million, or $0.73 per share, in the year-ago period. The company's revenue surged 28% to $2.68 billion. HUN shares gained 0.56% to...
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Most Actives Top Basic Materials Stock Picks on 5/5/11- IAG, CGR, PCH, XRA, KGC, CENX, UFPT, KRO, PZG,CBT, FCX, SLW, AA, ABX, CLF
Thursday, May 5, 2011 - 4:28am | 1477Gainers (% price change): IAMGOLD Corporation (USA) (IAG) is trading at a price of $20.59, a dramatic change of +0.95 (4.84%) from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 7.72B Claude Resources...
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Points to Consider When Selling Options 05-04-2011
Wednesday, May 4, 2011 - 5:35pm | 911Cusick's Corner I wanted to discuss selling options in this afternoon's Corner. Generally speaking, option selling is a more aggressive strategy compared to option buying. The option seller has an obligation to buy or sell the security which can expose a trader to greater risk. Therefore, it is...
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China Slowdown Slides Market 05-04-2011
Wednesday, May 4, 2011 - 3:25pm | 919Cusick's Corner Support -- that is what the market is looking at into the Midday and After Hours sessions. This pullback is not the surprising but if support is not held, 134 in the SPY, a drive to April lows are in the sights of the bears. Volatility has not popped on the pullback today but it...
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DuPont Titanium Technologies Announces a Price Increase for Ti-Pure® Titanium Dioxide Products DuPont Titanium Technologies Announces a Price Increase for Ti-Pure® Titanium Dioxide Products
Wednesday, May 4, 2011 - 9:01am | 59Effective June 1, 2011, DuPont (NYSE: DD) Titanium Technologies announces a net price increase of 250 Euros per metric tonne, or as permitted by contract, for all DuPont™ Ti-Pure® titanium dioxide grades for all countries in which invoicing is in Euro, namely the countries of Western and Central...
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Gilford Securities Reiterates Eastman Chemical Buy (EMN)
Tuesday, May 3, 2011 - 2:08pm | 87Gilford Securities reiterated its Eastman Chemical (NYSE: EMN) Buy rating in a research report published today. In the report, Gilford Securities states, "We upgraded our rating on Eastman shares from HOLD to BUY last June 2, at $59. The share gain since then has been propelled by not...
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Options Brief: Solutia Inc. (SOA)
Tuesday, May 3, 2011 - 9:39am | 102Shares of Solutia Inc. (NYSE: SOA) are lower on the session by 1.98%, trading at $25.75. Overall put volume is now running at 3.82x the daily average, with 0% of all puts traded being purchases on the offer. 1,197 contracts have traded on the session so far. Solutia Inc. is a global manufacturer...
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Morgan Stanley Raises Estimates On Dow Chemical Company
Tuesday, May 3, 2011 - 8:24am | 99According to Morgan Stanley, the Dow Chemical Company (NYSE: DOW) estimates are raised. Morgan Stanley said that it continues to view DOW as one of the most attractive stocks in the Chemicals sector, with significant upside to consensus estimates over the next 6-18 months. “Our 2011 EPS estimate...
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Robert D. Hansen Named CEO of Dow Corning Corporation
Tuesday, May 3, 2011 - 7:21am | 55Dow Corning Corporation's (NYSE: DOW) board of directors elected Robert D. Hansen, CEO of Dow Corning, effective immediately. Stephanie A. Burns, Ph.D., remains chairman. Hansen, 50, has been employed by Dow Corning for 29 years and was named president in November 2010. He will continue to serve as...
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Morgan Stanley Raises EMN Target To $124
Tuesday, May 3, 2011 - 7:17am | 28Morgan Stanley is raising its PT on shares of Eastman Chemical Co. (NYSE: EMN) to $124. Eastman Chemical closed Monday at $105.49.