Specialty Chemicals

Norit Americas Inc. announced today that it has accepted a settlement offer from ADA-ES, Inc. (NASDAQ: ADES) in reference to a three-person independent arbitration panel's decision, which found ADA and two former Norit employees John Rectenwald and Steve Young, liable for theft of trade secrets...

According to Jefferies, OMNOVA (NYSE: OMN) has flagged a combination of decelerating end markets and raw material pressures in 2HFY11. Jefferies said that it is lowering 2011E again, this time by $0.20 to $0.40, and 2012E $0.25 to $0.60. “We are also lowering our price target $2 to $7 (from $9),...

Jefferies & company has lowered the price target on OMNOVA (NYSE: OMN) from $9 to $7 and maintains its Buy rating.

ADA-ES, Inc. (NASDAQ: ADES) today announced that it has entered into a Settlement Agreement with Norit Americas, Inc. and Norit International N.V. pursuant to which the parties have agreed to settle all of their previously disclosed litigation, and that Norit also entered into a separate...

Innospec Inc. (Nasdaq: IOSP) today announced the opening of a new sales office in Moscow, Russia. Innospec Russia Ltd will focus initially on the Fuel Specialties business but is expected to expand into other Innospec business areas in the future.

Nalco Holding (NYSE: NLC) announced today that is has received notice from the United States Federal Trade Commission of early termination of the waiting period under the Hart Scott Rodino Antitrust Act of 1976 in connection with the previously announced merger of Nalco and Ecolab Inc. (NYSE: ECL...

Below are the top cleaning products stocks on the NYSE and the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at Church & Dwight Company Inc (NYSE: CHD) is 16.94%. CHD's ROE for the same period is 14.95%. The trailing-twelve-month operating margin at Ecolab...

A. Schulman, Inc. (Nasdaq: SHLM) announced today that it is updating its adjusted net income guidance to between $50 million and $52 million for its fiscal year ending August 31, 2011. The Company had previously guided to the lower end of its prior range of between $57 million and $62 million....

A. Schulman, Inc. (Nasdaq: SHLM) announced today the latest in its actions to realign its North American Engineered Plastics business to meet the requirements of the high-value-added compounding market. The Company plans to close its plant in Nashville, Tennessee, and consolidate manufacturing to...

Jefferies has published a research report on Albemarle (NYSE: ALB) In the report, Jefferies wrote, "If bromine derivatives prices continue moving higher, as suggested by the latest price increase on Saytex HP-900 (~10% of BFRs, or 1.2%-4.0% of total sales), it would mark a significant divergence...

Albemarle Corporation (NYSE: ALB) announced today that it will increase prices of SAYTEX HP-900 by $2.50/kg on global shipments beginning October 1, 2011, or as contracts allow.

This is your Benzinga news summary and traders' outlook for Monday, August 22, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading higher. Also, the price of gold hit a new record high, as investors around...

Citi is out with its report today on Ecolab (NYSE: ECL), upgrading ECL to Buy from Hold. In its report, Citi writes, "We are upgrading ECL to Buy as it fits our defensive theme and we believe shareholders will look favorably to EPS accretion in 2012 (~$0.13/share) and an acceleration of EPS...

Citigroup has upgraded Ecolab (NYSE: ECL) from Hold to Buy and has established a $49 price target.

BGB Securities reiterated its International Flavors & Fragrances (NYSE: IFF) Buy rating in a research report published today. BGB Securities has previously given International Flavors & Fragrances a $75 price target. In the report, BGB Securities states, "IFF reported 2Q11 results on...