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Archives :: People & Business :: Earnings/Finance
Displaying 621 - 640 of 3754 stories.
October 22, 2012
MACROECONOMIC STATUS Our running tab of positive indicators slipped to 14 out of 20 this week. Thus, we continue to post a green banner. Retail Sales up 1.1%; up 5.4% year-on-year...http://www.chemweek.com/people_and_business/earnings_finance/ACCs-economic-outlook-for-the-week-ended-19-October-2012_47108.html October 19, 2012
Honeywell reported third-quarter net income of $946 million, 9.6% higher than the year-ago quarter, as aerospace, automation and control solutions, and chemicals offset lagging...http://www.chemweek.com/people_and_business/earnings_finance/Honeywell-tops-estimates-narrows-full-year-guidance_47082.html October 19, 2012
Air Products said on its quarterly-earnings call today that it plans to exit the polyurethane intermediates business. The company produces dinitrotoluene (DNT) at its Pasadena, TX...http://www.chemweek.com/people_and_business/earnings_finance/Air-Products-to-exit-DNT-business-takes-solar-charge_47088.html October 19, 2012
Air Products reported net income of $305 million for the quarter ended 30 September, essentially flat with the year-ago quarter. Sales of $2.6 billion were up 4% versus the prior year. Reported adjusted earnings of $1.42/share were 1 ct below the median analyst estimate as reported by Thomson Reuters (New York). The company also announced initial earnings guidance for its 2013 fiscal year, ending 30 September 2013, that was 7% below the midpoint of analyst estimates as reported by Thomson Reuters....http://www.chemweek.com/people_and_business/earnings_finance/Air-Products-reports-flat-income-issues-2013-guidance-below-expectations_47087.html October 19, 2012
Sensient Technologies third-quarter earnings rose 2.7% year-on-year (YOY), to $32.9 million, on revenues up 1.5%, to $369.4 million. Earnings totaled 66 cts/share, matching...http://www.chemweek.com/people_and_business/earnings_finance/Sensient-Technologies-earnings-rise-on-higher-margins_47086.html October 19, 2012
AkzoNobel reported a net loss of €2.38 billion ($3.12 billion) in the third quarter of 2012, compared with net profit of €149 million in the third quarter of 2011. The...http://www.chemweek.com/people_and_business/earnings_finance/AkzoNobel-swings-to-a-net-loss-on-decorative-paints-impairment-charge_47050.html October 19, 2012
Yara International today reported a 27% drop in third-quarter net income after noncontrolling interests, to 2.62 billion Norwegian krone ($463.4 million). Revenue and other income...http://www.chemweek.com/people_and_business/earnings_finance/Yara-International-reports-lower-third-quarter-net-income-Qafco-makes-major-contribution_47076.html October 19, 2012
LG Chem (Seoul) has reported a 10% fall in net profits for the third quarter of 2012 compared with the year-ago period, to won459 billion ($416 million). Sales decreased 0.9%, to...http://www.chemweek.com/people_and_business/earnings_finance/LG-Chem-reports-fall-in-profits_47080.html October 18, 2012
Cytec’s third-quarter adjusted earnings from continuing operations rose 68% year-on-year, to $42.8 million, or 91 cts/share. Adjusted earnings easily beat analysts’...http://www.chemweek.com/people_and_business/earnings_finance/Cytec-beats-estimates-raises-guidance_47073.html October 18, 2012
PPG’s third-quarter net income was up 9% year-on-year (YOY), to $339 million, on strong automotive coatings volumes and price increases. Sales were flat, at $3.85 billion...http://www.chemweek.com/people_and_business/earnings_finance/PPG-earnings-rise-9-percent-on-auto-strength-price-increases_47055.html October 18, 2012
Lithium-ion (Li-ion) battery maker A123 Systems says it has filed for Chapter 11 bankruptcy protection and agreed to sell its automotive business assets to fund operations while it...http://www.chemweek.com/people_and_business/earnings_finance/Battery-maker-files-for-Chapter-11-plans-sale-of-automotive-assets_47063.html October 17, 2012
Albemarle’s third-quarter net income fell 14% year-on-year, to $99.3 million, on sales down 8.5% to $661.2 million. Earnings totaled $1.10/share, beating analysts’...http://www.chemweek.com/people_and_business/earnings_finance/Albemarle-net-income-falls-14-percent-on-pricing-and-volume-declines_47047.html October 17, 2012
Shares of US ethylene producers rallied yesterday on news of an IRS ruling that would allow olefins production to be structured as publicly traded partnerships. “Essentially, ethylene crackers can now possibly be structured as MLPs,” says Laurence Alexander, analyst with Jefferies (New York)....http://www.chemweek.com/people_and_business/earnings_finance/IRS-ruling-outlines-path-to-MLP-treatment-for-US-olefins-production_47034.html October 17, 2012
DuPont’s nutrition and health business unit announced a price increase for its Grindsted hydrocolloid range, effective 1 November. The increases are due to higher raw material...http://www.chemweek.com/people_and_business/earnings_finance/DuPont-raises-hydrocolloid-prices_47028.html October 17, 2012
Ecolab has agreed to sell its vehicle care division to Zep (Atlanta), a maker of cleaning and sanitizing products, for $120 million. The business, which makes cleaning and maintenance...http://www.chemweek.com/people_and_business/earnings_finance/Ecolab-selling-vehicle-care-business-for-$120-million_47030.html October 17, 2012
Potash Corp. of Saskatchewan (PotashCorp) lowered its fiscal fourth-quarter and full-year earnings guidance, citing delays in the settlement of potash supply contracts with Chinese and...http://www.chemweek.com/people_and_business/earnings_finance/PotashCorp-cuts-earnings-outlook_47026.html October 17, 2012
Tasnee today reported a drop of 42.4% in third-quarter net income, to SR417.3 million ($111.3 million), and a 28% decline compared with the second quarter, when the company reported...http://www.chemweek.com/people_and_business/earnings_finance/Tasnee-net-income-slides-on-low-TiO2-demand_47024.html October 17, 2012
OCI (Seoul), formerly DC Chemical, recorded a 93.8% fall in third-quarter net profits compared with the year-ago period, to won10.6 billion ($9.6 million). Sales decreased 29%, to...http://www.chemweek.com/people_and_business/earnings_finance/OCI-reports-huge-fall-in-quarterly-profits_47022.html October 17, 2012
Sabic today posted a 23% decline in third-quarter net profit, citing lower product prices. Net income in the quarter ended 30 September 2012 reached SR6.31 billion ($1.68 billion)...http://www.chemweek.com/people_and_business/earnings_finance/Sabic-reports-lower-third-quarter-net-income-CEO-expresses-confidence_47020.html October 16, 2012
Oxea says it is increasing off-list prices of selected products, effective 1 November. In US, Canada, and Mexico, butanol, butyl acetate, butyraldehyde, propanol, and propyl acetate...http://www.chemweek.com/people_and_business/earnings_finance/Oxea-increases-off-list-product-prices_47005.html |
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