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Archives :: Services :: Financial
Displaying 1 - 20 of 853 stories.
June 13, 2013
Stepan says that on 9 August it will redeem all remaining shares of 5.5% convertible preferred stock at $25/share. Most holders of the stock, which was issued in 1992, have exercised...http://www.chemweek.com/services/financial/Stepan-redeeming-preferred-stock_52813.html June 10, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained steady at 13 out of 20 this week. Thus, we continue to post a green banner. Payroll employment up 175,000...http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-7-June-2013_52730.html June 10, 2013
KMG Chemicals today reported fiscal third-quarter net income down 27.5% year-on-year (YOY), to $2.9 million, on sales down 10%, to $59.9 million. Earnings totaled 25 cts/share, beating...http://www.chemweek.com/services/financial/KMG-Chemicals-earnings-fall-but-beat-estimates_52729.html June 7, 2013
Driven by continued difficulties in the company’s industrial engineered products segment, Chemtura says it expects second-quarter 2013 earnings to decline on a year-on-year (YOY)...http://www.chemweek.com/services/financial/Chemtura-forecasts-YOY-earnings-decline-in-the-second-quarter_52701.html June 6, 2013
Private equity firm Golden Gate Capital (GGC; San Francisco), the largest shareholder in US Silica, is selling 10 million shares in the commercial silica maker at $19.60/share in a...http://www.chemweek.com/services/financial/Golden-Gate-Capital-selling-more-US-Silica-shares_52628.html June 6, 2013
Cytec today said it expects to complete its $650-million share buyback program funded with proceeds from the $1.15-billion coating resins divestiture by 11 June. It has launched a new...http://www.chemweek.com/services/financial/Cytec-completes-share-buyback_52627.html June 3, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained steady at 13 out of 20 this week. Thus, we continue to post a green banner. Consumer confidence up 7.2 points, to...http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-31-May-2013_52518.html June 3, 2013
KMG Chemicals has completed the acquisition of OM Group’s ultrapure chemicals (UPC) division, a maker of materials for semiconductor and microelectronics manufacturing, for $63.3...http://www.chemweek.com/services/financial/KMG-completes-ultrapure-chemicals-acquisition_52515.html May 28, 2013
A. Schulman today announced a restructuring in its Europe, Mideast, and Africa business, under which the company will reduce headcount in that region because of economic difficulties...http://www.chemweek.com/services/financial/Schulman-to-cut-jobs-in-Europe-sell-Australia-business_52331.html May 28, 2013
MACROECONOMIC STATUS Our running tab of positive indicators was 13 out of 20 this week. Thus, we continue to post a green banner. Existing home sales up 0.6%; up 9.7% year-on-year...http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-24-May_52325.html May 24, 2013
Dow Chemical today announced plans to use up to $2 billion of its $2.2 billion payout from Petrochemical Industries of Kuwait (PIC) over the K-Dow joint venture termination to pay down...http://www.chemweek.com/services/financial/Dow-to-use-K-Dow-award-for-debt-repayment_52292.html May 21, 2013
Ashland has entered into a $150-million accelerated share buyback program, with Citibank acting as the broker. Under the agreement, Citibank will deliver 1.3 million Ashland shares...http://www.chemweek.com/services/financial/Ashland-launches-accelerated-share-buyback_52206.html May 13, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained at 14 out of 20 this week. Thus, we continue to post a green banner. Consumer Credit up 3.4% SAAR; up 3.5% Y/Y...http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-10-May-2013_51952.html May 7, 2013
Innospec today reported first-quarter net income down 26.8% year-on-year (YOY), to $18 million, on sales that were flat, at $199.4 million. Adjusted earnings totaled 72 cts/share, down...http://www.chemweek.com/services/financial/Innospec-earnings-down-as-sales-remain-flat_51821.html May 7, 2013
International Flavors & Fragrances (IFF) today reported net income up 11.2% year-on-year (YOY), to $90.7 million, or $1.10/share, on sales up 2.4%, to $727.8 million. Adjusted net...http://www.chemweek.com/services/financial/IFF-earnings-beat-estimates-on-strong-sales_51820.html May 6, 2013
MACROECONOMIC STATUS Our running tab of positive indicators slipped by 1, to 14 out of 20 this week. Thus, we continue to post a green banner. Payroll employment up 165,000...http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-3-May-2013_51769.html May 6, 2013
Calgon Carbon today reported net income up 27.3% year-on-year (YOY), to $9.8 million, on sales down 1.2%, to $135 million. Earnings totaled 18 cts/share, beating analysts’...http://www.chemweek.com/services/financial/Calgon-Carbon-earnings-rise-27-percent_51777.html May 3, 2013
Koppers today reported net income down 27.7% year-on-year (YOY), to $11 million, or 53 cts/share, on sales down 2.8%, to $370.4 million. Adjusted earnings of 54 cts/share fell short of...http://www.chemweek.com/services/financial/Koppers-earnings-down-on-lower-sales_51755.html May 2, 2013
OM Group today reported a fourth-quarter net loss of $109.7 million, compared with a profit of $11.9 million in the year-ago quarter. The loss was mostly due to a $112 million non-cash...http://www.chemweek.com/services/financial/OM-Group-beats-estimates-despite-sales-decline_51688.html May 2, 2013
PolyOne today reported first-quarter net income from continuing operations down 26.8% year-on-year (YOY), to $11.2 million, on sales up 7.5%, to $801.1 million. Adjusted earnings...http://www.chemweek.com/services/financial/PolyOne-net-income-declines-but-adjusted-earnings-beat-estimates_51658.html |
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