New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 31, 2013
17:37 EDTEMNEastman Chemical sees FY13 EPS $6.30-$6.40, consensus $6.32
News For EMN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 17, 2014
09:12 EDTEMNEastman Chemical to expand Eastman Texanol ester alcohol capacity by 20%
Subscribe for More Information
December 16, 2014
08:17 EDTEMNEastman Chemical initiated with a Neutral at Nomura
Subscribe for More Information
December 11, 2014
09:30 EDTEMNEastman Chemical sees 8%-12% EPS growth 2014-2017
Subscribe for More Information
December 8, 2014
07:43 EDTEMNEastman Chemical remains a top pick, says UBS
UBS said Eastman Chemical remains a top pick as it continues to transform its portfolio mix. The firm expects acquired businesses to be accretive and does not believe its multiple reflects the company's transformation via M&A. UBS reiterates its Buy rating and raised its price target to $92 from $90 on Eastman Chemical shares.
December 5, 2014
12:08 EDTEMNEastman Chemical sees Taminco acquistion accretive to FY15, FY16 earnings
Eastman Chemical (EMN) announced the completion of its acquisition of Taminco (TAM), a global specialty chemical company, for a total of $2.8B in cash and assumed debt. The acquired Taminco businesses are expected to be accretive to 2015 earnings per share by greater than 35c, excluding acquisition-related costs and charges, and to 2016 earnings per share by greater than 60c. Taminco's former Specialty Amines and Crop Protection businesses will be operated as part of the Additives & Functional Products segment and its former Functional Amines business will be operated as part of the Specialty Fluids & Intermediates segment. Taminco stockholders are entitled to receive $26.00 in cash for each share of Taminco common stock. Taminco's common stock has been delisted from trading on the New York Stock Exchange.
10:00 EDTEMNOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:08 EDTEMNEastman Chemical downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Eastman Chemical to Neutral saying the company's hedges will offset some of the positive impact from lower raw material prices. The firm lowered its price target for shares to $80 from $90.
December 4, 2014
15:43 EDTEMNEastman Chemical raises quarterly dividend 14% to 40c from 35c per share
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use