All Posts Tagged With: "DD"
(EMN) Eastman Chemical on Expansion Spree
Eastman Chemical Company (EMN) expanded its Benzoflex plasticizer production line at the Estonia location for the second time. The move will boost the Benzoflex production capacity by 11,000 metric tons and...
(BA) Stock Market News for August 31, 2011 – Market News
The fact that a third round of quantitative easing had found favor among a section of Fed members helped the benchmarks end with mild gains on Tuesday. Indices had been trending down initially and sentiment turned further negative following a disappointing consumer confidence...
(EMN) Eastman Chemical Completes Sterling Buy
The plastics and chemicals maker Eastman Chemical Co. (EMN) announced that it has completed the acquisition of petrochemical company Sterling Chemicals Inc. for $100 million in cash. The deal was originally...
(AA) Stock Market News for August 10, 2011 – Market News
An unprecedented step by the Federal Reserve to keep the interest rate near zero for another two years returned cheer to the markets as the Dow soared up by 429 points. The Street finally enjoyed one of its best days in two years a day after it was sent crashing following...
(EMN) Eastman Chemical Announces 2 For 1 Stock Split
The plastics and chemicals maker Eastman Chemical Co. (EMN) announced that it will increase the payout to its shareholders. The Kingsport-based company declared a 2-for-1 stock split and increased the quarterly...
(DD) U.S. Trade Deficit Soars in May
The Trade Deficit rose in May to $50.23 billion from $43.66 billion in April. The rise in the trade deficit is bad news for the economy, and the level is very dangerous.
For the month it was up 15.0%; worse than the $44.0 billion consensus...
(AA) Stock Market News for August 5, 2011 – Market News
The specter of another recession haunted investors and dealt a body blow to the markets which crashed to their worst day since the economic crisis of 2008. On Wednesday, just when the Dow looked like ending its longest losing streak of nine days since Jimmy Carter held office,...
(BSX) Company News for July 29, 2011 – Corporate Summary
• Credit Suisse (NYSE:CS) announced that it will cut 2,000 jobs worldwide after the banking giant was hit by a decline in second quarter profits and an appreciating Swiss franc
• A report from Sky News...
(CVX) Stock Market News for July 29, 2011 – Market News
Momentum from positive economic reports in the morning session were washed out on Thursday afternoon, as investors remained apprehensive ahead of the key vote in Congress on the debt-ceiling issue. Finally, just before the closing bell, markets lost all their gains to drop...
(DD) U.S. Posts Needed Positive Labor Market Report
The debt ceiling debate continues to monopolize headlines, even as a barrage of earnings reports and a surprisingly positive labor market reading try to gain the market’s attention. Weekly Jobless Claims numbers dropped by a bigger-than-expected level, which if sustained...
(DD) July 28: Positive Labor Market Report – Economic Highlights
The debt ceiling debate continues to monopolize headlines, even as a barrage of earnings reports and a surprisingly positive labor market reading try to gain the market’s attention. Weekly Jobless Claims numbers dropped by a bigger-than-expected level, which if sustained...
(AA) Stock Market News for July 15, 2011 – Market News
Comments from Federal Chairman Ben Bernanke on the second day of his testimony to Congress dragged the markets into negative territory as he quelled all hopes of a third round of economic stimulus. Economic reports ahead of the opening bell had been encouraging, but failed...
(DOW) The Dow Chemical Company in Joint Venture with Ube Industries
The largest U.S. chemicals manufacturer, The Dow Chemical Company (DOW) and Japanese chemical company Ube Industries Ltd. entered into a joint venture to capitalize on the growing demand for lithium-ion batteries...
(CE) Celanese to Increase Product Prices
Effective August 1, 2011, specialty materials company, Celanese Corporation’s (CE) subsidiary Celanese EVA Performance Polymers Inc., will increase the price of all grades of Ateva EVA by $0.08 per pound...
(DOW) Dow Chemical’s Trinseo Files for IPO
Trinseo SA, the plastics maker owned by The Dow Chemical Co. (DOW) and Bain Capital LLC has announced that it has filed for an initial public offering to raise up to $400 million for repaying...
(PPG) PPG Industries Analyst Maintains Neutral Rating
We are maintaining our Neutral recommendation on PPG Industries Inc. (PPG). The company expects to see higher demand in 2011 compared with 2010, but intends to remain focused on continued cost management entered...
(BA) Stock Market News for June 27, 2011 – Market News
Markets were rattled for the third consecutive day after concerns emerged over the stability of Italy’s banking sector. Just after the markets managed a finish in the green last week after six-consecutive weeks of losses, benchmarks once again ended in negative territory...
(CE) Celanese Starts VAE’s Production
Celanese Corporation (CE) started production in its expanded vinyl acetate/ethylene (VAE) unit located at Nanjing Chemical Industrial Park in China.
The capacity expansion leverages the company’s improved...
(CE) Celanese Hikes Product Prices
Effective July 1, 2011, specialty materials company Celanese Corp. (CE) will increase the prices of acetic acid, Acetic Anhydride, MIBC and MIBK by $0.03/LB and that of Vinyl Acetate Monomer and Ethyl Acetate...
(DOW) The Dow Chemical Company Invests $10B in China
Chemical giant The Dow Chemical Company (DOW) plans to invest $10 billion in China. The $10 billion fund will cover a coal chemical project in the northern Chinese province of Shaanxi, where the chemical giant...
(MMM) 3M Company Settles Patent Litigation
3M Company (MMM) through its three companies 3M, 3M Innovative Properties Co., and 3M Canada has settled a patent litigation filed against Eurotex in Canada for infringing a 3M patent for reflective fire coat...
(JEC) Jacobs Engineering Group Earns New Contracts
Jacobs Engineering Group Inc. (JEC) has agreed to provide engineering procurement and construction management (EPCM) services to DuPont Titanium Technologies, a part of El DuPont de Nemours & Company...
(PM) Most Promising High-Yielding Stocks
With interest rates at rock-bottom levels, income is hard to find in this environment. Stocks that pay nice dividends are a good place to look.
This is inherently a long-term approach to investing, not about quick flips. However, you don’t want to buy a stock just...
(EU) Chemical Industry Outlook – May 2011 – Industry Outlook
Chemicals are generally used to make a wide variety of consumer goods and are also used in agriculture, manufacturing, construction, and service industries. The chemical industry itself consumes 26% of its own output. Major industrial customers include rubber and plastic products,...
(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...
(MMM) 3M Company Exceeds Estimates
3M Co. (MMM) released its earnings results for the first quarter of 2011, reporting earnings per share of $1.49, beating the Zacks Consensus Estimate of $1.43. The company’s organic revenues improved 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...
(AAPL) Company News for April 25, 2011 – Corporate Summary
• International Game Technology (NYSE:IGT) reported Q2 EPS of $0.23, ahead of the Zacks Consensus Estimate of $0.20 per share. Revenues rose 1% year-over-year to $492.0 million
• Maxim Integrated Products...
(PTY) Bond Investors Taking On More Risk – April 14, 2011 – AAII Investor Update
Inflation and speculation about what the Fed’s next move will be are prominent in headlines about the bond market, but there are also scattered reports that show an increased tolerance for risk among bond investors.
One recent example is payment-in-kind toggle...