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Stock Market & Financial Investment News

News Breaks
January 30, 2013
16:22 EDTCBTCabot reports Q1 EPS 66c, consensus 77c
Reports revenue $820M, consensus $864M.
News For CBT From The Last 14 Days
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October 29, 2014
14:55 EDTCBTCabot sees modest level of global growth in 2015
Sees 1Q15 volumes in Performance Materials segment lower sequentially. Says "not highly optimistic" about environment for 2015. Comments from Q4 earnings conference call.
14:03 EDTCBTCabot sees FY15 CapEx $200M-$250M
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October 28, 2014
16:37 EDTCBTCabot says uncertain global macroeconomic conditions continue
Cabot said, "As we look ahead, we continue to see uncertain global macroeconomic conditions. These include weak economic conditions in South America and Europe, slowing growth in China, and the weakening of various foreign currencies against the U.S. dollar. On the positive side, we expect to see strong volumes in the second half of our fiscal year in Purification Solutions as coal-fired utilities begin to comply with mercury removal regulations in the U.S. We will leverage our global reach and industry-leading positions in order to offset these macroeconomic conditions and continue to deliver value to our shareholders in 2015."
16:37 EDTCBTCabot reports Q4 adjusted EPS 85c, consensus 83c
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09:02 EDTCBTCabot awarded two contracts for mercury removal
Cabot announced that it has entered into two new contracts to provide its DARCO Hg family of activated carbon products to energy utilities with customers in Arkansas, Louisiana, Mississippi, Missouri and Texas. In order to meet stringent federal regulations for mercury emissions in the U.S. Cabot expects to provide the utilities with approximately 25M pounds of activated carbon over the next three years. These agreements will provide a key material to the utilities as they reduce mercury emissions to comply with the U.S. Environmental Protection Agency’s Mercury and Air Toxic Standards rule. Effective immediately, Cabot will supply DARCO Hg-H and DARCO Hg-LH powdered activated carbon across multiple sites to satisfy 100% of both utilities’ requirements for activated carbon.

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