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Dow Chemical Reports Better-Than-Expected Q4 Earnings
Thursday, February 3, 2011 - 6:48am | 56Dow Chemical (NYSE: DOW) reports its Q4 adjusted EPS at $0.47, beating the consensus of $0.35. DOW reports its Q4 revenue at $13.8 billion, versus the consensus of $12.48 billion. DOW shares gained 0.16% to $36.70 in after-hours trading. Read more from Benzinga's Company news.
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Earnings Scheduled For February 3 (K, MA, CI, ITT, SUN, CAH, MRK, NYT, DOW, BX, LVS, DO, CSTR, CME, IP, GR, MCO, HOT)
Thursday, February 3, 2011 - 3:28am | 465Kellogg Company (NYSE: K) is expected to report its Q4 earnings at $0.51 per share on revenue of $2.85 billion. MasterCard (NYSE: MA) is projected to report its Q4 EPS at $3.04 on revenue of $1.42 billion. Cigna (NYSE: CI) is projected to report its Q4 EPS at $1.02 on revenue of $5.36 billion. ITT...
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Stocks To Watch For February 3 (MA, V, DOW, YUM, K)
Thursday, February 3, 2011 - 3:19am | 278Some of the stocks that may grab investor focus today are: Wall Street expects MasterCard (NYSE: MA) to report its Q4 EPS at $3.04 on revenue of $1.42 billion. MA shares fell 0.37% to $238.50 in after-hours trading. Visa Inc (NYSE: V) reported a 16% rise in its FQ1 profit. The company's earnings...
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Calls Purchased on Ashland Inc. (ASH)
Wednesday, February 2, 2011 - 10:44am | 120Shares of Ashland Inc. (NYSE: ASH) are higher on the session by 0.84%, currently trading at $59.83. The stock has been moving largely higher over the past five months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short...
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Zacks #1 Rank Additions for Wednesday - Tale of the Tape
Wednesday, February 2, 2011 - 8:22am | 307Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Carbo Ceramics Inc (CRR) Cirrus Logic Inc (CRUS) Coherent Inc (COHR) E.I. du Pont de Nemours & Co (DD) Henkel AG (HENKY) View the entire Zacks #1 Rank List. COHERENT INC (COHR): Free Stock Analysis Report CARBO CERAMICS...
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Zacks #1 Rank Additions for Wednesday - Tale of the Tape
Wednesday, February 2, 2011 - 8:14am | 307Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Carbo Ceramics Inc (CRR) Cirrus Logic Inc (CRUS) Coherent Inc (COHR) E.I. du Pont de Nemours & Co (DD) Henkel AG (HENKY) View the entire Zacks #1 Rank List. COHERENT INC (COHR): Free Stock Analysis Report CARBO CERAMICS...
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Celanese Beats Consensus - Analyst Blog
Tuesday, February 1, 2011 - 3:01pm | 1030Specialty material company Celanese Corp. (CE) reported its adjusted earnings of 73 cents per share in the fourth quarter of 2010, beating the Zacks Consensus Estimate of 68 cents. Diluted earnings per share in the quarter were 64 cents versus $0.00 in the prior year quarter. ??In fiscal 2010,...
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Celanese Beats Consensus - Analyst Blog
Tuesday, February 1, 2011 - 2:31pm | 1030Specialty material company Celanese Corp. (CE) reported its adjusted earnings of 73 cents per share in the fourth quarter of 2010, beating the Zacks Consensus Estimate of 68 cents. Diluted earnings per share in the quarter were 64 cents versus $0.00 in the prior year quarter. ??In fiscal 2010,...
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J.P. Morgan Comments on Eastman Chemical Company's Below Consensus Q4 10 EPS (EMN)
Tuesday, February 1, 2011 - 10:34am | 134J.P. Morgan is out with its report today on Eastman Chemical Company (NYSE: EMN), after EMN reported below consensus Q4 10 EPS. In a note to clients, J.P. Morgan writes, "Eastman reported 4Q:10 EPS from operations of $1.41 versus $1.14 in the year-ago period, and our EPS estimate of $1.50. The...
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Jefferies Raises HUN Target To $21 From $18
Tuesday, February 1, 2011 - 8:59am | 83Huntsman (NYSE: HUN) has announced a Eur30m investment in fertilizer capacity to monetize co-products at its TiO2 facility in Calais, France, Jefferies reports. “We estimate this investment should be $0.03-$0.05 accretive by 2014-2015,” Jefferies writes. “Huntsman significant operating leverage and...
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Solutia Announces Sale of Rubber Chemicals Businesses for $26M
Tuesday, February 1, 2011 - 8:40am | 55Solutia Inc. (NYSE: SOA) announced today that it has sold its dithiocarbamates (DTCs) and tetrabenzylthiuram disulfide businesses to Performance Additives Europe GmbH, a subsidiary of Behn Meyer Chemical Holding Pte. Ltd., for $26 million, subject to a customary working capital adjustment. These...
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Eastman Misses EPS, Matches Rev. - Analyst Blog
Tuesday, February 1, 2011 - 8:24am | 1175Eastman Chemical Company (EMN) reported solid fourth quarter 2010 results. Excluding one-time charges, the chemical producer earned $1.41 per share versus $1.35 in the prior-year quarter on stronger demand for its coatings, adhesives and plastics. However, the results missed the Zacks Consensus...
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Eastman Misses EPS, Matches Rev. - Analyst Blog
Tuesday, February 1, 2011 - 8:00am | 1175Eastman Chemical Company (EMN) reported solid fourth quarter 2010 results. Excluding one-time charges, the chemical producer earned $1.41 per share versus $1.35 in the prior-year quarter on stronger demand for its coatings, adhesives and plastics. However, the results missed the Zacks Consensus...
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Oppenheimer Comments On Olin Following Earnings
Tuesday, February 1, 2011 - 7:28am | 218Olin's (NYSE: OLN) 4Q10 displayed stronger than expected chlor-alkali pricing and operating leverage, recovering nicely from last quarter's kinks. Normalized EPS was $0.26 vs. $0.00-0.05 guidance, $0.23 above Oppenheimer's estimate. GAAP EPS was $0.02. Below-the-line items included puts and takes,...
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Oppenheimer Comments On Olin Following Earnings
Tuesday, February 1, 2011 - 7:28am | 218Olin's (NYSE: OLN) 4Q10 displayed stronger than expected chlor-alkali pricing and operating leverage, recovering nicely from last quarter's kinks. Normalized EPS was $0.26 vs. $0.00-0.05 guidance, $0.23 above Oppenheimer's estimate. GAAP EPS was $0.02. Below-the-line items included puts and takes,...