Specialty Chemicals

• China's Petrochemical agreed to purchase Occidental Petroleum's (NYSE: OXY) oil and gas holding in Argentina for $2.45 billion • Community Health (NYSE: CYH) made an offer for Tenet (NYSE: THC) for $3.3 billion, or $6 per share, which the firm declined • Beckman Coulter (NYSE: BEC) is examining...

• China's Petrochemical agreed to purchase Occidental Petroleum's (NYSE: OXY) oil and gas holding in Argentina for $2.45 billion • Community Health (NYSE: CYH) made an offer for Tenet (NYSE: THC) for $3.3 billion, or $6 per share, which the firm declined • Beckman Coulter (NYSE: BEC) is examining...

Jefferies published its report on Ecolab (NYSE: ECL) expecting them to trade more in line with the S&P 500. In a note to clients, Jefferies writes, " We estimate a large hotel can support $80,000-$100,000 in Ecolab sales from laundry services, $75,000-$100,000 from warewashing, $20,000-$50,000...

Specialty chemicals continue to pick up steam. Ferro Corporation (FOE) is expected to grow its earnings by 275% in 2010 which is a big turnaround after the company posted a loss in 2009. Ferro manufactures the building block chemicals including coatings, ceramics and plastics for many industries...

Specialty chemicals continue to pick up steam. Ferro Corporation (FOE) is expected to grow its earnings by 275% in 2010 which is a big turnaround after the company posted a loss in 2009. Ferro manufactures the building block chemicals including coatings, ceramics and plastics for many industries...

The U.S. airline industry is on track for a profitable year after a drought of two years. Airline traffic in 2010 has shown an improvement with a surge in business travel and premium service demand from the year-ago levels. We expect demand for air travel to continue showing signs of improvement...

The U.S. airline industry is on track for a profitable year after a drought of two years. Airline traffic in 2010 has shown an improvement with a surge in business travel and premium service demand from the year-ago levels. We expect demand for air travel to continue showing signs of improvement...

KMG Chemicals (NASDAQ: KMGB) reports its Q1 EPS at $0.31, beating the consensus of $0.30. KMGB reports its Q1 revenue at $62.1 million, versus the consensus of $59.30 million. KMGB shares lost 2.98% to $15.65 in after-hours trading. Read more from Benzinga's Company news.

The Valspar Corporation (NYSE: VAL) announced today that the Company's Board of Directors have declared a quarterly dividend of 18 cents per share, payable January 14, 2011 to all common stockholders of record on December 27, 2010. The 18 cent dividend represents a 2 cent, or 12.5 percent,...

JP Morgan has published a research report on Ecolab, Inc. (NYSE: ECL) and has upgraded the company from Neutral to Overweight. In the report, JP Morgan writes "Ecolab stands out as one of the poorer performing equities among the 36 Chemical companies we regularly track, ranking 32nd out of 36 in...

J.P. Morgan is raising its rating on Ecolab Inc. (NYSE: ECL) from Neutral to Overweight, and is raising its PT from $52 to $54. Ecolab Inc. closed Tuesday at $47.22.

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Shares of International Flavors & Fragrances Inc. (NYSE: IFF) are higher on the session by 0.94%, trading at $55.22. Overall put volume is now running at 2.11x the daily average, with 2% of all puts traded being purchases on the offer. 1,424 contracts have traded on the session so far....