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Dow to Invest $100 Million to Reduce Energy Use
Monday, February 28, 2011 - 8:32am | 52The Dow Chemical Company (NYSE: DOW) announced today that it will accelerate energy efficiency and conservation improvements within its operations through an investment of $100 million in projects that will reduce energy usage and greenhouse gas (GHG) emissions.
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JP Morgan Raises PT On Huntsman To $18
Monday, February 28, 2011 - 8:05am | 27JP Morgan has raised the price target on Huntsman Corporation (NYSE: HUN) from $14 to $18 and maintains its Neutral rating.
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Jefferies Lowers ASH 2011E And 2012E EPS Estimates
Monday, February 28, 2011 - 7:58am | 34Jefferies is lowering its estimates on Ashland Inc. (NYSE: ASH). For 2011, Jefferies' EPS estimate moves to $3.35; for 2012, the stock moves to $4.15. Ashland Inc. closed Friday at $56.74.
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Dow Announces Plans to Retire Debt in the First Quarter
Wednesday, February 23, 2011 - 3:48pm | 86The Dow Chemical Company (NYSE: DOW) announced today that it is launching a cash tender offer for approximately $750 million aggregate principal amount of notes listed by Dow and its subsidiaries. This announcement follows a series of debt reduction activities the Company plans to execute in the...
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Chemical Companies Set to Sparkle in 2011
Wednesday, February 23, 2011 - 1:34pm | 723The U.S. chemical industry consists of 170 major companies with several of them having international operations. The products manufactured by these companies span a wide range … from chemicals used in household products like soaps and detergents to agrichemicals and specialty chemicals used in...
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Jefferies Reiterates Buy on Ashland (ASH)
Wednesday, February 23, 2011 - 10:18am | 121Jefferies is out with its report today on Ashland (NYSE: ASH), reiterating Buy. In a note to clients, Jefferies writes, "While near-term margin pressure may balance volume gains, we reiterate our Buy rating based on Ashland's significant operating leverage to a recovery and robust free cash flow....
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FMC Corporation Authorizes $250M Share Repurchase; Increases Dividend by 20%
Friday, February 18, 2011 - 12:15pm | 76FMC Corporation (NYSE: FMC) announced today that its Board of Directors authorized the repurchase of up to an additional $250 million of the company's common shares. The company's Board also declared a regular quarterly dividend of 15 cents per share, payable on April 21, 2011, to shareholders of...
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Fast Money Pops & Drops, February 17th (EMN, AXP, DPS, CSTR, STI, BAC, GMCR, SBUX)
Thursday, February 17, 2011 - 7:32pm | 374On CNBC's Fast Money Pops & Drops, Guy Adami said that he likes Eastman Chemical Company (NYSE: EMN) despite the big run. He explained that Eastman Chemical Company (EMN) gained 2.62% today on the news that the company has approved a $300 million worth repurchase of the common stock. American...
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Eastman Board Approves Additional $300M Share Repurchases
Thursday, February 17, 2011 - 3:30pm | 60The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.47 per share on the company's common stock. The dividend is payable April 1, 2011, to stockholders of record as of March 15, 2011. The Board of Directors also approved the repurchase of up to...
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Eastman Board Approves Additional $300M Share Repurchases
Thursday, February 17, 2011 - 3:30pm | 60The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.47 per share on the company's common stock. The dividend is payable April 1, 2011, to stockholders of record as of March 15, 2011. The Board of Directors also approved the repurchase of up to...
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DuPont Titanium Technologies Announces Price Increase for Ti-Pure Titanium Dioxide in Latin America
Thursday, February 17, 2011 - 10:02am | 41Effective April 1, 2011, DuPont (NYSE: DD) Titanium Technologies announces a net price increase of $300 per metric ton, or as permitted by contract, for all DuPont™ Ti-Pure® titanium dioxide (TiO2) grades sold in Latin America.
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Huntsman Beats Citigroup's 4Q Estimates $0.24 v. $0.15
Thursday, February 17, 2011 - 9:11am | 122Citigroup has published a research report on Huntsman Corporation (NYSE: HUN) after the company reported a tremendous 4Q EPS beat. In the report, Citigroup writes "HUN reported an adjusted 4Q EPS of $0.24 above our estimate of $0.15 and consensus at $0.20. HUN realized a tax benefit during the...
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Huntsman Reports 4Q Beat, Jefferies Maintains Buy
Thursday, February 17, 2011 - 9:02am | 112Jefferies & Company has published a research report on Hunstman (NYSE: HUN) after the company reported a 4Q beat by $0.04 driven by polyurethanes and lower tax rates. In the report, Jefferies writes "Huntsman's significant operating leverage and cyclical exposure is magnified by financial...
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Huntsman Reports Better-Than-Expected Q4 Earnings
Thursday, February 17, 2011 - 6:45am | 55Huntsman (NYSE: HUN) reports its Q4 adjusted EPS at $0.24, beating the consensus of $0.20. HUN reports its Q4 revenue at $2.41 billion, versus the consensus of $2.32 billion. HUN shares gained 0.58% to $18.94 in after-hours trading. Read more from Benzinga's Company news.
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Mad Money Lightning Round: Cramer Likes EMC (DD, EPD, TZOO, EMC, DELL, HCBK, USB, PWER, CVX, COP)
Thursday, February 17, 2011 - 3:13am | 272On CNBC's Mad Money, Jim Cramer said during the Lightning Round that DuPont (NYSE: DD) is “great.” He added, “They have a great business. That stock is a winner." Cramer likes Enterprise Products Partners (NYSE: EPD) and advises investors to buy that stock. For Travelzoo (NASDAQ: TZOO), he said...