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Archives :: Services :: Financial
Displaying 141 - 160 of 853 stories.
October 25, 2012
Sherwin-Williams (SW) reported third-quarter net income rose 31% year-on-year (YOY), to $235 million, or $2.24/share. Earnings beat analysts’ estimates of $2.20/share, as...http://www.chemweek.com/services/financial/Sherwin-Williams-beats-estimates-on-higher-prices-paint-stores-volumes_47228.html October 24, 2012
A. Schulman’s fiscal fourth-quarter adjusted net income fell 6% year-on-year, to $14.1 million, or 48 cts/share, as sales growth was adversely impacted by a strong dollar...http://www.chemweek.com/services/financial/Schulman-earnings-hit-by-strong-dollar-but-beat-estimates_47213.html October 24, 2012
Avery Dennison’s third-quarter net income increased 17% year-on-year (YOY), to $58.3 million, on sales down 0.8%, to $1.4 billion. Adjusted earnings from continuing operations...http://www.chemweek.com/services/financial/Avery-Dennison-net-income-up-17-percent-beats-estimates_47211.html October 24, 2012
3M’s third-quarter net income rose 6.7% year-on-year (YOY), to $1.16 billion, on sales down 0.4%, to $7.5 billion. Sales were up 2.2% in local currencies, but currency impacts...http://www.chemweek.com/services/financial/3M-cuts-guidance-sales-fall-on-currency-impacts_47162.html October 22, 2012
Agrium said today it will buy back 8.72 million shares, 5.5% of total share’s outstanding, at a price of C$103/share ($104/share). The buyback, which took the form of a...http://www.chemweek.com/services/financial/Agrium-buying-back-8-72-million-shares_47110.html 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/services/financial/ACCs-economic-outlook-for-the-week-ended-19-October-2012_47108.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/services/financial/Sensient-Technologies-earnings-rise-on-higher-margins_47086.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/services/financial/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/services/financial/PPG-earnings-rise-9-percent-on-auto-strength-price-increases_47055.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/services/financial/Albemarle-net-income-falls-14-percent-on-pricing-and-volume-declines_47047.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/services/financial/Ecolab-selling-vehicle-care-business-for-$120-million_47030.html October 15, 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. Consumer Credit up 0.7%; up 5.5% year-on-year...http://www.chemweek.com/services/financial/ACCs-economic-outlook-for-the-week-ended-12-October-2012_46997.html October 12, 2012
Momentive Performance Materials (MPM) is planning to issue $1.1 billion in first-priority senior secured debt due 2020 in a private placement. The notes, which will carry an interest...http://www.chemweek.com/services/financial/Momentive-issuing-$1-1-billion-in-debt-update_46911.html October 12, 2012
KMG Chemicals fiscal fourth-quarter net income more than tripled from the year-ago period, to $3.9 million, on higher profit margins and a lower cost of sales. Sales declined 4.7%...http://www.chemweek.com/services/financial/KMG-Chemicals-net-income-soars_46955.html October 10, 2012
Cytec announced today that it is selling its coating resins business to private equity firm Advent International (New York) for $1.15 billion. The business generated revenue of $1.6...http://www.chemweek.com/services/financial/Cytec-selling-coating-resins-unit-for-$1-15-billion-update_46823.html October 10, 2012
The US chemicals industry will invest $15 billion in ethylene production from 2011-2017, increasing capacity by 33%, while volumes from natural gas separation plants are expected to...http://www.chemweek.com/services/financial/PwC-report-US-has-biggest-ethylene-advantage_46827.html October 10, 2012
Ferro says it is considering the sale of its solar pastes business “in an effort to eliminate its drag on ... earnings and cash flow,” says CEO James Kirsch...http://www.chemweek.com/services/financial/Ferro-considering-sale-of-solar-pastes-business-guidance-cut-by-42-percent_46852.html October 9, 2012
Innsopec and private equity firm Blackstone Capital Partners (New York) have submitted a $44-46/share bid for TPC Group, according to the company. The bid is higher than the $40/share...http://www.chemweek.com/services/financial/Blackstone-and-Innospec-submit-rival-bid-for-TPC-Group-update_46800.html October 5, 2012
IC Potash Corp. (ICP; Toronto) has awarded SNC-Lavalin (Montreal) a contract to develop sections of the feasibility study of ICP’s Ochoa sulphate of potash (SOP) project at Lea...http://www.chemweek.com/services/financial/ICP-Potash-awards-contract-for-feasibility-study_46772.html October 3, 2012
3M and Avery Dennison have terminated their agreement for 3M to purchase Avery’s office and consumer products business. The $550-million deal came under scrutiny from the U.S...http://www.chemweek.com/services/financial/3M-Avery-nix-office-products-deal_46694.html |
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