Diversified Chemicals

Deutsche Bank is out with a research report this morning, where it reiterates its Buy rating on DuPont (NYSE: DD); it has a $55.00 price target on the stock, up from $52.00. The DB analysts cited the company's recent investor day, where the key takeaways included: 1. “Sales from new products will...

Citi Investment Research has a Buy rating and a $34 price target on shares of Dow Chemical Co (NYSE: DOW). In a note sent to investors, Citi writes, "We met with Markus Wildi (head of the Middle East), Raja Zeidan (Feedstocks & Hydrocarbons), and Ramesh Ramchandran ( head of MEGlobal). The...

Recently, Novartis AG (NVS) presented data from a phase II study of its blood cancer pipeline drug LBH589 at the annual meeting of the American Society of Hematology (ASH). The phase II pivotal study showed sustained anticancer activity in extensively pretreated Hodgkin lymphoma patients who...

The Trade Deficit fell in October to $38.71 billion from $46.60 billion in September. The fall in the trade deficit is very good news for the economy. The trade deficit was also smaller than the $44.5 billion consensus expectation. On a year-over-year basis, the total trade deficit was up 19.8%...

The Trade Deficit fell in October to $38.71 billion from $46.60 billion in September. The fall in the trade deficit is very good news for the economy. The trade deficit was also smaller than the $44.5 billion consensus expectation. On a year-over-year basis, the total trade deficit was up 19.8%...

Recently, Novartis AG (NVS) presented data from a phase II study of its blood cancer pipeline drug LBH589 at the annual meeting of the American Society of Hematology (ASH). The phase II pivotal study showed sustained anticancer activity in extensively pretreated Hodgkin lymphoma patients who...

Dow Electronic Materials, a business unit of The Dow Chemical Company (NYSE: DOW), broke ground on its new Eastern China manufacturing facility. The new facility is located at the company's Zhangjiagang site in JiangSu Province, approximately 98 kilometers from Shanghai. It will meet the growing...

On Thursday, markets registered modest upward movement. The blue chip index was led slightly lower primarily due to a weak forecast from DuPont (NYSE: DD), but the S&P 500 closed at its two year high, while Nasdaq moved to its highest level since December 2007.   The major benchmark indices...

On Thursday, markets registered modest upward movement. The blue chip index was led slightly lower primarily due to a weak forecast from DuPont (NYSE: DD), but the S&P 500 closed at its two year high, while Nasdaq moved to its highest level since December 2007.   The major benchmark indices...

Oppenheimer has published a research report on DuPont (NYSE: DD) as the company set aggressive growth goals in place for 2011 guidance. In the report, Oppenheimer writes "DD reiterated 2010 EPS guidance of $3.10, in line with our estimate, and introduced 2011 guidance of $3.30-3.60 with $33B-$34B...

At its investor day, DuPont (NYSE: DD) set a 2011 EPS range of $3.30-$3.60 and a five-year EPS CAGR of 12%. Jefferies views the 2011E outlook as fair-to-conservative, and the longer-term targets reasonable - barring a recession or adverse structural shifts in global growth. As the economic recovery...

J.P. Morgan Chase & Co. is raising its price target on E.I. du Pont de Nemours & Company (NYSE: DD) to $53 from $51, and it has an Overweight rating on shares. In a note sent to investors J.P. Morgan writes, "We raise our 2011 EPS estimate from $3.40 to $3.55, and our 2012 EPS forecast from...

JP Morgan has raised the price target on DuPont (NYSE: DD) from $51 to $53.

PPG Industries (NYSE: PPG) announced today that its directors have elected Stephen F. Angel as a member of the company's board, effective today. He also has been appointed to the board's Nominating and Governance Committee and the Technology and Environment Committee. Angel, 55, is chairman,...