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Stock Market & Financial Investment News

News Breaks
February 7, 2014
09:01 EDTCECelanese increases share repurchase authorization to $400M
Celanese announced that the company’s board of directors increased its share repurchase authorization to $400M. As of December 31, 2013, the company had $228M remaining under its previous authorizations. The authorization gives management discretion in determining the timing and conditions under which shares may be repurchased. "Increasing our share repurchase authorization reflects the confidence we have in our business and its ability to generate strong cash flow," said Mark Rohr, chairman and CEO. "With this authorization, we will continue to pursue our balanced cash deployment strategy, including opportunistic share repurchases, which we expect will drive increased shareholder value."
News For CE From The Last 14 Days
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December 18, 2014
14:59 EDTCECelanese upgraded to Buy from Neutral at Gilford Securities
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December 17, 2014
18:02 EDTCECelanese increases chemistry price
Celanese will increase list and off-list selling prices for Acetic Anhydride effective January 1, 2015, or as contracts allow, to $50/mt.
December 16, 2014
08:17 EDTCECelanese initiated with a Neutral at Nomura
Target $63.
December 10, 2014
07:40 EDTCEBofA/Merrill to hold a conference
2014 U.S. Basic Materials Conference is being held in Boston on December 10-11.

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