Chemicals – Major Diversified
(BASFY) BASF SE Rated Good Buy
ValuEngine.com Rates Chemical Giant BASF SE (BASFY,$BASFY) a Good Buy
BASF SE (BASFY) is a chemical company. The Company operates in six segments: Chemicals, Plastics, Performance Products, Functional Solutions, Agricultural Solutions and Oil &...
(EMN) Eastman Chemical Company – Bull of the Day
Eastman Chemical Company (EMN) delivered EPS of $2.52, significantly beating the Zacks Consensus Estimate of $1.97. Revenues of $1.8 billion, which outpaced the Zacks Consensus Estimate of $1.5 billion, were...
(DOW) Dow Chemical Company Beats Consensus
The Dow Chemical Company (DOW) earned 82 cents per share in the first quarter of 2011, ahead of the Zacks Consensus Estimate of 67 cents per share as well as last year’s 43 cents per share. However, including...
(CE) Celanese Beats Consensus
Specialty material company Celanese Corp. (CE) reported adjusted earnings of 96 cents per share in the first quarter of 2011, beating the Zacks Consensus Estimate of 83 cents. Diluted earnings per share in...
(DD) EI DuPont de Nemours & Company – Bull of the Day
EI DuPont de Nemours & Co. (DD) reported first quarter earnings of $1.52 per share, surpassing the Zacks Consensus Estimate by $0.15. Revenues reached $10.0 billion, compared to the Zacks Consensus Estimate...
(SHW) U.S. Home Reseale Report Better than Expected
In March, Existing Home Sales ran at a seasonally adjusted annual rate of 5.10 million. That pace is 3.7% higher than in February, but 6.3% below the year-ago rate. The March sales rate was above consensus expectations of a 5.00 million annual rate. February was revised up...
(DOW) The Dow Chemical Company Intros SOFT TOUCH
The Dow Chemical Company (DOW) recently introduced DOW SOFT TOUCH, which is a Propylene Resin. The product is a recent breakthrough in single-pellet resin solutions for the efficient production of mono-component...
(DOW) Dow’s AgroSciences Seed Product Gets Environmental Protection Agency Approval
Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company (DOW) announced that it has received the U.S. federal regulatory approval for Refuge Advanced, a corn seed product. The product, which...
(DD) EI DuPont de Nemours & Company Files Lawsuit
The chemical giant EI DuPont de Nemours & Company (DD) has sued USA Performance Technology Inc. (USA PTI), Performance Group (USA) Inc. and two individuals for misappropriating its trade secret and other...
(DOW) The Dow Chemical Company to Invest $100 Million for Green Initiatives
Chemical giant The Dow Chemical Company (DOW) intends to invest $100 million in its internally pitched projects to reduce greenhouse gas (GHG) emissions and improve energy efficiency.
Dow will choose...
(SHW) Existing Home Sales Rise – Analyst Blog
In January, existing home sales ran at a seasonally adjusted annual rate of 5.36 million. That pace is 2.7% higher than in December, and 5.3% above the year-ago rate.
The year-ago rate of 5.09 million was depressed as everyone was rushing to get the deals done in November...
(APD) Company News for February 17, 2011 – Corporate Summary
• Comcast Corp. (NASDAQ:CMCSA) reported Q4 net income of $0.36 per share, slightly ahead of the Zacks Consensus Estimate of $0.34 per share. Revenues for the quarter rose 7.2% year-over-year to $9.72 billion, surpassing...
(CE) Company News for February 02, 2011 – Corporate Summary
• Corinthian Colleges (NASDAQ:COCO) reported Q2 EPS of $0.23, missing the Zacks Consensus Estimate by a penny. Revenues for the quarter rose 16.5% year-over-year to $482.8 million, well ahead of the Zacks Consensus Estimate...
(DOW) Chemical & Fertilizers Industry Outlook – January 2011 – Industry Outlook
OVERVIEW
Chemicals are essential to millions of consumer goods, enabling hi-tech advances in industries as diverse as aerospace, computing and telecommunications. The chemical industry comprises companies engaged in the conversion of raw materials...
(SHW) U.S. Existing Home Sales Rise
In December, existing home sales ran at a seasonally adjusted annual rate of 5.28 million. That pace is 12.3% higher than in November, but 2.9% below the year-ago rate. The year-ago rate of 5.44 million was inflated as everyone was rushing to get the deals done before they...
(SHW) U.S. Used Home Sales Rise in October
In November, existing home sales ran at a seasonally adjusted annual rate of 4.68 million. That pace is 5.6% higher than in October, and 27.9% below the year-ago rate. The year-ago rate of 6.49 million was inflated as everyone was rushing to get the deals...
(DOW) U.S. Trade Deficit Tumbles – Good News!
The Trade Deficit fell in October to $38.71 billion from $46.60 billion in September. The fall in the trade deficit is very good news for the economy. The trade deficit was also smaller than the $44.5 billion consensus expectation.
On a year-over-year basis, the total...
(SHW) U.S. Pre-Existing Home Sales Fall in October 2010
In October, existing home sales ran at a seasonally adjusted annual rate of 4.43 million. That pace is 2.2% lower than in September, and 25.9% below the year-ago rate. The year-ago rate of 5.98 million was inflated as everyone was rushing to get the deals done before they...
(DD) September 2010 U.S. Trade Deficit Improves a Bit
The Trade Deficit fell in September to $44.00 billion after it rose in August to $46.48 billion. The fall in the trade deficit is very good news for the economy. The trade deficit was also smaller than the $44.8 billion consensus expectation. On a year-over-year...
(DD) EI DuPont de Nemours & Company – Bull of the Day
DuPont (DD) is focused on capturing $1 billion in working capital productivity gains during 2011-2013. The company is also on track to achieve a combined $600 million in benefits from fixed cost productivity...
(DD) Company News for October 26, 2010 – Corporate Summary
• CIT Group (NYSE:CIT) reported Q3 earnings of $0.66 per share, beating estimates of $0.49, and revised its Q1 and Q2 earnings higher after adopting FSA accounting standards. Revenues in the quarter rose 17% year-over-year to $7.0 billion, and were above estimates of $6.76...
(DOW) Chemical Industry Outlook – October 2010 – Industry Outlook
OVERVIEW
The chemical industry comprises of companies engaged in the processing and refinement of agricultural and industrial chemicals as well as gases. Chemicals are used to make a wide variety of consumer goods besides being necessary in the agriculture,...
(DOW) Chemical Stock Review and Outlook – September 2010 – Industry Outlook
OVERVIEW
The chemical industry consists of companies engaged in the processing and refinement of agricultural and industrial chemicals as well as gases. Chemicals are used to make a wide variety of consumer goods, besides being necessary in the agriculture,...
(APD) Company News for September 7, 2010 – Corporate Summary
• Air Products & Chemicals (NYSE:APD) raised its offer for Airgas (NYSE:ARG) to $65.50 from $63.50 per share, equalling $5.5 billion
• Oracle (NASDAQ:ORCL) announced the appointment of former Hewlett-Packard (NYSE:HPQ) CEO Mark Hurd as co-President
• Goldman...
(APD) Company News for September 7, 2010 – Corporate Summary
• Air Products & Chemicals (NYSE:APD) raised its offer for Airgas (NYSE:ARG) to $65.50 from $63.50 per share, equalling $5.5 billion
• Oracle (NASDAQ:ORCL) announced the appointment of former Hewlett-Packard (NYSE:HPQ) CEO Mark Hurd as co-President
• Goldman...
(EMN) Eastman Chemical Company – Eastman’s Best Quarter Ever
Eastman Chemical Company (EMN) continues to be hot as it recently posted a big beat for the second quarter as sales jumped 38% on higher volumes. Eastman is cheap, with a forward P/E of just 9.9.
Eastman...
(DOW) May 2010 – Industry Outlook – Chemicals Industry
OUTLOOK
After the sharp declines in the last two years, we expect worldwide chemical production (excluding pharmaceuticals) to recover, albeit at a slow rate. At a global level, we currently expect that chemical production will require another couple...
(SHW) Sherwin-Williams Aquires Sweden-Based Becker Acroma Industrial Wood Coatings
Leading paint and coating producer Sherwin-Williams Company (SHW) has signed an agreement to acquire Sweden-based Becker Acroma Industrial Wood Coatings, one of the largest manufacturers of industrial wood...
(SHW) Good News, Bad News For U.S. Existing Home Sales
In April, existing home sales rose a greater-than-expected 7.6% to a seasonally adjusted annual rate of 5.77 million. That is up 22.8% from the 4.70 million rate of a year ago.
The expectations were for a rate of 5.65 million, and the March numbers were revised slightly...
(DOW) Dow Chemical Company Invests in China
The Dow Chemical Co. (DOW) through its global business unit, Dow Coating Material, is investing in a new emulsion plant in China. Dow is expanding operations in China by constructing a new $17 million emulsion...