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Archives :: Services :: Financial
Displaying 181 - 200 of 853 stories.
September 5, 2012
3M and Avery Dennison say they are working to renegotiate 3M’s proposed $550-million acquisition of Avery Dennison’s office and consumer products business in light of U.S...http://www.chemweek.com/services/financial/3M-Avery-to-Rework-Office-Products-Deal-After-Antitrust-Issues_46058.html September 4, 2012
LyondellBasell’s owners are selling 17.5 million new shares of common stock in conjunction with its listing on the S&P 500, which was announced last week. The new shares will...http://www.chemweek.com/services/financial/LyondellBasell-Selling-New-Stock_46042.html September 4, 2012
MACROECONOMIC STATUS Our running tab of positive indicators was 15 out of 20 this week. Thus, we post a green banner. Consumer Confidence down 4.8 points to 60.6 Personal Income up...http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-Aug-31-2012_46039.html August 21, 2012
Tronox has closed an issuance of $900 million in senior debt due 2020, the company says. The debt will carry an interest rate of 6.375%, compounded semiannually. Tronox expects to use...http://www.chemweek.com/services/financial/Tronox-Closes-Debt-Issue_45758.html August 20, 2012
MACROECONOMIC STATUS Our running tab of positive indicators rose by two, to 13 out of 20 this week. Thus, we post a green banner but one with a yellowish tint. Consumer Prices flat...http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-Aug-17-2012_45738.html August 20, 2012
Westlake Chemical says it will increase its quarterly dividend to 18.75 cts/share, up more than 150%, from the 7.375 cts/share dividend paid in the second quarter. The dividend will be...http://www.chemweek.com/services/financial/Westlake-to-Raise-Dividend-150-percent_45735.html August 15, 2012
Valspar has reported fiscal third-quarter net income of $86 million, up 28% from the year-ago quarter, on sales up 1%, to $1.1 billion. Adjusted net income, excluding 5 cts/share in...http://www.chemweek.com/services/financial/Valspar-Earnings-Rise_45653.html August 15, 2012
Chemtura’s pool chemicals business is a “questionable fit” for the company in terms of its contribution to the company’s financial and strategic goals, CEO...http://www.chemweek.com/services/financial/Chemtura-Selling-Pool-Chemicals-Business_45652.html August 14, 2012
Cytec and luxury automaker Jaguar Land Rover (Coventry, UK) have entered into a collaboration agreement covering the development of composite materials for automobiles, Cytec says. The...http://www.chemweek.com/services/financial/Cytec-and-Land-Rover-Sign-Composites-Agreement_45620.html August 13, 2012
MACROECONOMIC STATUS Our running tab of positive indicators was 11 out of 20 this week. Thus, we continue to post a yellow banner. Consumer Credit up 0.3%; up 5.1% YOY Import Prices...http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-the-Week-Ended-Aug-13-2012_45574.html August 9, 2012
OM Group reported a second-quarter loss of $22.3 million, or 71 cts/share, on charges related to the acquisition of VAC. In the year-ago quarter, OM Group reported net income of $24.6...http://www.chemweek.com/services/financial/OM-Group-Swings-to-Loss-on-Acquisition-Charge_45542.html August 7, 2012
Private equity firm Carlyle Group (New York) is the leading bidder in the auction for DuPont’s automotive coatings business, according to a Reuters report. The report says that...http://www.chemweek.com/services/financial/Report-Carlyle-Likely-Winner-in-DuPont-Automotive-Coatings-Bidding_45492.html August 7, 2012
Momentive Specialty Chemicals reported a second-quarter net income of $28 million, down 56% year-on-year (YOY), on sales down 7%, to $1.3 billion. Income fell due to volume...http://www.chemweek.com/services/financial/Momentive-Specialty-Chemicals-Income-Plummets_45478.html August 7, 2012
Momentive Performance Materials reported a second-quarter loss of $88 million—compared to $11 million in the year-ago period—on pricing declines, a lower-margin product...http://www.chemweek.com/services/financial/Momentive-Performance-Materials-Loss-Widens-on-Lower-Prices_45476.html August 6, 2012
MACROECONOMIC STATUS Our running tab of positive indicators slipped by one to 11 out of 20 this week. Thus, we continue to post a yellow banner. Non-Farm Payrolls up 163,000...http://www.chemweek.com/services/financial/ACCs-Economic-Outlook-for-Week-Ended-Aug-3-2012_45448.html August 3, 2012
This Week on CW: Second-quarter earnings at diversified and specialty chemicals firms are reflecting economic weakness, as many companies note that the rest of the year is...http://www.chemweek.com/services/financial/Chemical-Industry-Weekly-News-Round-Up-Aug-3_45441.html August 1, 2012
Rockwood Holdings reported second-quarter net income of $225 million—more than double the net income of $95 million in the year-ago period. However, the net income figure...http://www.chemweek.com/services/financial/Rockwood-Beats-Estimates-Net-Income-Soars-on-Tax-Benefit_45327.html July 31, 2012
Ecolab’s second-quarter net income was up 47% year-on-year (YOY), to $185 million, due to the impact of Nalco. Sales were up 74%, to $3 billion, on the impact of Nalco. Adjusted...http://www.chemweek.com/services/financial/Ecolab-Income-Rises-on-Nalco-Merger-Guidance-Narrowed_45293.html July 26, 2012
Ferro recorded a second-quarter net loss of $2.8 million, or 3 cts/share, compared with net income of $19.4 million in the year-ago period. Sales fell 19%, to $482 million, on economic...http://www.chemweek.com/services/financial/Ferro-Swings-to-Loss-Cuts-Guidance_45224.html July 26, 2012
Ashland’s fiscal third-quarter net income more than doubled from the year-ago period, to $160 million, or $2/share, on the impact of the ISP acquisition. Sales were down 2%, to...http://www.chemweek.com/services/financial/Ashland-Net-Income-Rises-on-Higher-Pricing-ISP-Acquisition-update_45210.html |
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