Eastman Chemical’s Cedroz Received EU Product Authorization
On February 20, Eastman Chemical (EMN) announced that Cedroz received authorization from the Regulatory Affairs Directorate in Malta.
LyondellBasell’s Q3 Top and Bottom Line Beat the Estimates
On October 30, LyondellBasell (LYB) reported its third-quarter revenues of $10.15 billion, which reflect an increase of 19.25% YoY.
Celanese’s Short Interest at Highest Level in 2018: What That Means
The latest short interest report on August 31 indicates that Celanese’s (CE) short interest is at the lowest point since the beginning of 2018.
Celanese’s Free Cash Flow: Can It Help Reduce Its Debts?
At the end of the second quarter of 2018, CE generated free cash flow of $562 million.
Olin Surged Ahead in August: Here’s Why
Olin Corporation (OLN) turned out to be one of the best performers among the specialty segments in August.
LyondellBasell’s 1Q18 Earnings Rise, Stock Gains Marginally
Chemical company LyondellBasell (LYB) announced its 1Q18 earnings on April 27, 2018.
What LyondellBasell’s Short Interest Suggests
As of April 12, LyondellBasell’s (LYB) short interest had fallen since the beginning of 2018.
How LyondellBasell Stock Has Performed since 4Q17 Earnings
LyondellBasell is set to announce its 1Q18 earnings on April 27.
Analyzing Celanese’s Interest Expense
In 2017, Celanese (CE) incurred interest expenses of $122 million—marginally less compared to $126 million in fiscal 2016.
How Eastman Chemical Stock Has Performed in 2018
So far in 2018, Eastman Chemical (EMN) has outperformed most of its peers and also the broader market.
Why Bears Continue to Show Interest in Eastman Chemical
EMN’s short interest has risen since the beginning of 2018.
Eastman Chemical’s Interest Expenses Are in a Downward Trend
In 2017, Eastman Chemical had interest expenses of $241 million, a decline 5.5% on a YoY (year-over-year) basis.
How Worrisome Is LyondellBasell’s Interest Expense Increase?
In 2017, LyondellBasell (LYB) spent $467 million in the form of the interest, representing an increase of 45% on a YoY (year-over-year) basis.
Why LyondellBasell Has Underperformed in 2018
So far in 2018, LyondellBasell (LYB) has underperformed some of its peers and also the broader market.
LyondellBasell’s Short Interest Has Fallen in 2018—Why?
A February 28, 2018, short interest report shows that LyondellBasell’s (LYB) short interest has fallen since the beginning of 2018.
LyondellBasell’s Debt Shows Signs of Improvement
At the end of 2017, LyondellBasell reported debt of $8.6 billion compared to $9 billion in 2016.
How Olin Stock Has Fared in 2018 Year-to-Date
On a year-to-date basis, until March 19, 2018, OLN stock has fallen 15.5%.
Is Olin’s Short Interest Ascending Again?
On December 29, 2017, OLN’s short interest as a percentage of its outstanding shares stood at 1.9%.
Olin’s Interest Expense Is on the Rise—What Does this Mean?
Olin’s interest coverage ratio has declined from 9.1x in 2012 to 1.7x at the end of 4Q17.
What Does Olin’s Debt Level Indicate?
At the end of 2017, Olin (OLN) reported debt of ~$3.6 billion. At the end of 4Q17, OLN’s debt-to-equity ratio stood at 1.3x.
LyondellBasell and Suez Complete QCP Acquisition
On March 14, 2018, LyondellBasell (LYB) and Suez announced the completion of the Quality Circular Polymers (QCP) acquisition.
W.R. Grace Stock Is on Its Back Foot: Can It Reverse the Trend?
So far in 2018, W.R. Grace (GRA) stock has underperformed the market. On a year-to-date basis, GRA has fallen 5.3%.
Assessing W.R. Grace’s Short Interest since the Start of 2018
The latest data as of February 28, 2018, show that W.R. Grace’s (GRA) short interest has been on the decline.
Why W.R. Grace’s Dividend Yield Is on the Rise
As of March 14, 2018, W.R Grace’s (GRA) dividend yield stood at 1.5%—its highest level since it started to pay dividends on a quarterly basis.
LyondellBasell Stock Fell despite Rise in 4Q17 Earnings
LyondellBasell (LYB) announced its 4Q17 earnings on February 2, 2018. It reported adjusted EPS (earnings per share) of $2.73 compared with analysts’ estimate of $2.55.
Olin on the Street: Analysts’ Recommendations
Of the 13 analysts actively tracking Olin (OLN) over the past three months, 61% have recommended a “buy,” while 39% have recommended a “hold.”
Is Olin’s Dividend Yield Attracting Investors?
With Olin (OLN) having made no change to its dividend rate, we can expect Olin to pay a dividend of $0.80 per share for fiscal 2017.
Olin Provides Update on 2Q17 Earnings
On June 19, 2017, Olin (OLN) provided preliminary numbers for 2Q17 earnings.
Olin’s New $500 Million Debt to Clear Term Loans
On March 6, 2017, Olin (OLN) announced the pricing of its $500.0 million senior notes. It said the notes will be issued at 100.0% par value.
How Does Vista Outdoor Compare to Its Peers?
Most of Vista Outdoor’s peers have outperformed it based on price-to-book value. It has outperformed its ETFs based on price movement and price-to-earnings.
New Gun Owning Rules Boosted Vista Outdoor’s Stock
After the tightening of gun rules by the US Bureau of Alcohol, Tobacco, Firearms and Explosives, VSTO rose 3.1% to $46.70 per share as of January 5.
Investors in Junk Bond Mutual Funds Should Worry about Liquidity
If liquidity declines for junk bonds, the liquidity risk premium would rise. This would increase the coupon set on the bond. It will raise the borrowing cost for a company.
Dow’s Performance Materials & Chemicals Segment: Growth Drivers
The Dow Chemical Company’s Performance Materials & Chemicals segment is the company’s second-largest segment.
Why Bond Market Liquidity Has Been Making Headlines
Liquidity in bond markets is crucial because this market provides sources for the government and corporates to raise money for their projects and ventures.
High-Yield Bond Issuance Plummets in 3Q15
High-yield bond issuance fell in 3Q15 compared to 2Q15, with July and August seeing muted issuance activity. Both of these months saw the least issuance in 2015 year-to-date.