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Chemical Finance Digest, Apr. 2-6
12:17 PM MDT | April 10, 2012 | Vincent Valk
Topping the headlines last week, PPG is planning a major restructuring that will eliminate 2,000 jobs, mostly in Europe. Nevertheless, the company expects first-quarter earnings to total $1.75-$1.80/share, exceeding current analysts estimates of $1.44/share. Other earnings news was mostly positive. Monsanto first-quarter profits were up 19%, and beat analysts’ estimates. H.C. Starck’s full-year 2011 Ebitda rose 90%, as the company’s private equity owners consider an IPO. However, A. Schulman’s fiscal second-quarter earnings fell...
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