9:32 AM MDT | May 13, 2013 | American Chemistry Council
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 Wholesale Trade down 1.6%; up 0.4% Y/Y Global Semiconductor Sales up 1.1%; up...
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 28%, and well short of analysts’ consensus of 85 cts/share, as...
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 income, excluding charges related to a tax settlement in Spain, totaled...
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 MACROECONOMIC STATUS Our running tab of positive indicators slipped by 1, to 14 out of...
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’ consensus of 15 cts/share, as reported by Thomson Reuters (New York)...
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 analysts’ consensus of 64 cts/share, as reported by Thomson Reuters...
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 loss related to the sale of its advanced materials cobalt business...
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, however, were up 29%, to 31 cts/share, beating analysts’ consensus of 26...
Private equity firm SK Capital Partners (New York) has closed its $200-million acquisition of Chemtura’s antioxidants and ultraviolet stabilizers business, which was announced in November. The business, which reported $390 million in sales for the 12...
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