Analysts Are Bullish on Methanex after Its Q3 2018 Earnings
Methanex (MEOH) reported adjusted EPS of $1.92 in its third quarter, an increase of 9.71% over $1.75 in the previous year.
Methanex Restarted the Chile IV Plant
In a press release on October 9, Methanex announced that it restarted the Chile IV plant and started to produce methanol.
What Analysts Recommend for Eastman Chemicals after 4Q17
The analyst consensus target price for EMN is $109.3, which implies a return potential of 3.5% over the closing price as of March 29, 2018.
Cabot and Dow in Groundbreaking Ceremony of New Manufacturing Plant
Cabot (CBT) celebrated the opening of its new fumed silica manufacturing plant, which is situated adjacent to Dow’s Carrollton site in western Kentucky.
Huntsman’s 3Q17 Expectations amid Hurricane Harvey Impact
Huntsman expects its Texas Gulf Coast facility to be fully operational once the engineering and safety checks are completed and there are available raw materials.
PolyOne’s Valuation Compared to Its Peers
As of September 15, 2017, PolyOne’s (POL) one-year forward PE (price-to-earnings) multiple stands at 15.5x.
Sherwin-Williams: Why It’s Trading at a Premium
Analysts expect Sherwin-Williams’ fiscal 2018 earnings to be $17.90, which implies 19.20% growth compared to fiscal 2017.
Albemarle: Wall Street’s Views and Recommendations
Among the 20 analysts covering Albemarle (ALB) stock, 50.0% have recommended a “buy,” and another 50.0% have recommended a “hold.”
Westlake Chemical Raised Its Quarterly Dividend 10%
Westlake Chemical will pay a dividend of $0.21 per share on September 18, 2017. It’s Westlake Chemical’s 52nd dividend payment without any interruption.
Chemours Reported Its Highest Quarterly Revenue in 2Q17
In 2Q17, Chemours (CC) reported its highest quarterly sales. The company reported sales of $1.59 billion in 2Q17—an increase of 15.20% on a YoY basis.
What Celanese’s Falling Interest Expense Trend Suggests
At the end of 1Q17, CE’s interest coverage ratio stood at 9.24x, indicating that Celanese can easily service its debt.
Acquisition Revenue Drove RPM International’s Industrial Segment
The Industrial segment is the largest revenue contributor to RPM International’s (RPM) overall revenue. It had a revenue share of 51% in fiscal 3Q17.
Why Analysts Expect RPM’s Revenue to Rise despite Tough Conditions
Analysts are expecting RPM International (RPM) to post revenues of $1.0 billion in fiscal 3Q17, an increase of 5.2% over the corresponding quarter last year.
Huntsman Announces More Closures at Calais Facility
On March 17, 2017, Huntsman (HUN) announced plans to close down the white end finishing and packaging operation of its titanium dioxide manufacturing facility in Calais, France.
Albemarle Aims to Double Lithium Production in Australia
On March 16, 2017, Albemarle (ALB) announced that it will double its lithium production capacity at its spodumene mine in Greenbushes, Australia.
Huntsman to Keep 40% Economic Interest in Venator
On February 16, 2017, Huntsman received approval from the IRS to keep a 40.0% interest in Venator Materials.
Huntsman Names Venator Materials Its Spin-Off Entity
On January 17, 2017, Huntsman (HUN) announced the name of its proposed spin-off for its pigments and additives business. It will be called Venator Materials Corporation.
An In-Depth Look into PPG Industries’ Glass Segment
PPG Industries’ (PPG) glass segment is the company’s lowest revenue generator, contributing 7%, or $1.1 billion, of PPG’s total revenue.
Optimistic Housing Index Lifts Real Estate Stocks
According to the Federal Housing Finance Agency (or FHFA), house prices increased by 0.6% in July.
Why did Blue Ridge Capital sell Realogy Holdings in 3Q 2013?
John Griffin’s Blue Ridge Capital liquidated a 1.63% position in Realogy Holdings, a global leader in real estate franchising, in 3Q 2013.