Diversified Chemicals

Gainers  1) NL Industries, Inc. (NL)- a holding company engaged in the component products (security products, furniture components and performance marine components), is trading at a price of $15.99, a dramatic change of 12.29% from its previous day's close. Currently, the company has a Market...

FMC Corp (NYSE: FMC) Reports EPS of $1.49 vs. $1.44 Estimate; Revenues $795M vs. $775.84M Estimate

J.P. Morgan has published a report on Eastman Chemical Company (NYSE: EMN), raising its estimates from $8.00 to $9.50 in 2011, and from $8.20 to $9.00 in 2012. Its price target has increased from $105.00 to $120.00. In the report, J.P. Morgan writes, “Propylene prices have been on a tear, moving...

Morgan Stanley is out with a research report on Dupont (NYSE: DD), as the company raised its bid for Danisco. It has an Equal Weight rating on Dupont. In a note to investors, Morgan Stanley writes, "On Friday, DuPont raised its offer for Danisco by 5% to DKr 700/ share (from DKr 665 previously)....

Jefferies and Company maintained its Buy rating on shares of Dupont (DD). Jefferies states, DuPont has raised its offer for Danish industrial biotech and enzyme company Danisco 5% to DKK700 ($6.64bn at current exchange rates), or roughly 10.9x FY11E EBITDA and 10.2x FY12E. We estimate the new...

Goldman Sachs is raising its estimates on shares of Dow Chemical (NYSE: DOW). “We are raising our FY2011/12/13 EPS estimates to $3.01/$3.67/$4.64 from $2.86/$3.49/$4.50 based on the strong first quarter results,” Goldman Sachs writes. “We reiterate our Buy rating and are raising our 12- month...

Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company (NYSE: DOW), and Oregon State University have entered into a research agreement to apply EXZACT™ Precision Technology in trees, with the goal of accelerating and enhancing research into tree improvement. Dow AgroSciences'...

JP Morgan has raised the price target on Eastman Chemical Company (NYSE: EMN) from $105 to $120 and maintains its Overweight rating.

Altera Corporation (NASDAQ:ALTR)- Up 1.81% to $49.38. Altera Corporation designs, manufactures, and markets programmable logic devices and associated development tools. The Company's products, include a variety of programmable logic devices and hardcopy application-specific integrated circuits....

Sony Corp. (NYSE: SNE) apologized for the breach of its PlayStation Network and Qriocity services, and said it aims to resume the online gaming center by the end of the month after upgrading security. Chiba Bank Ltd. (8331 JT), a regional lender, advanced 6.1 percent to 506 yen. The company said...

DuPont (NYSE: DD), through its wholly owned subsidiary DuPont Denmark Holding ApS, announced today that it has increased the price of its tender offer to acquire all of the outstanding shares of Danisco to DKK 700 in cash per share. The tender offer period has been extended for the last time to...

Dahlman Rose maintained its Dow Chemical (NYSE: DOW) Hold rating and provided color on Dow Chemical in a research report published today. In the report, Dahlman Rose states, "Dow reported 1Q11 adjusted earnings of $0.82 that beat our above consensus $0.71 estimate and consensus of $0.67 driven by...

ShengdaTech, Inc. (Nasdaq: SDTH) today announced that it received a letter on April 20, 2011 from the Listing Qualifications Department of The NASDAQ Stock Market LLC stating that based on the review of public documents and information provided by the Company, Nasdaq determined the continued...

J.P. Morgan Chase & Co. has an Overweight rating and a $105 price target on shares of Eastman Chemical Company (NYSE: EMN) after it reported earnings. In a note to clients, J.P. Morgan writes, "Eastman reported 1Q:11 EPS from operations of $2.52 versus $1.37 in the year-ago period, and our EPS...

J.P. Morgan, which upgraded Dow Chemical Company (NYSE: DOW) while raising its PT, is providing some color on the stock. “Dow Chemical shares outperformed the market over the previous year, rising about 27% versus 14% for the S&P,” J.P. Morgan writes. “Over this period we preferred Lyondell...