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Stock Market & Financial Investment News

News Breaks
June 4, 2014
19:26 EDTEMNEastman anticipates no impact to community, environment from Kingsport shutdown
Eastman Chemical experienced a widespread power disruption that resulted in an unplanned shutdown at its plant in Kingsport, TN. No personnel were injured and the company anticipates no impact to human health or the environment. The company is in the process of conducting a safe and orderly restart, and is assessing the potential business and financial impacts of the shutdown.
News For EMN From The Last 14 Days
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July 30, 2014
10:00 EDTEMNOn The Fly: Analyst Downgrade Summary
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07:24 EDTEMNEastman Chemical management to meet with Deutsche Bank
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07:10 EDTEMNEastman Chemical downgraded to Neutral from Buy at SunTrust
07:05 EDTEMNEastman Chemical sell-off yesterday unwarranted, says Deutsche Bank
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06:56 EDTEMNEastman Chemical share pullback overdone, says Citigroup
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July 28, 2014
18:31 EDTEMNOn The Fly: After Hours Movers
UP AFTER EARNINGS: Cognex (CGNX), up 16.4% after reporting second quarter results and third quarter revenue guidance above analyst expectations... HealthSouth (HLS), up 7.4% after reporting second quarter results and increasing fiscal 2014 EPS and Adjusted EBITDA guidance... Amkor Technology (AMKR), up 6.4%... Integrated Device (IDTI), up 7.6% after reporting first quarter results... Masco (MAS), up 4.8%. ALSO HIGHER: Darden Restaurants (DRI), up 4.6% following the company's announcement that chairman and CEO Clarence Otis will step down and the board will separate the chairman and CEO roles, appointing lead independent director Charles Ledsinger, Jr., as independent non-executive chairman... Arrowhead Research (ARWR), up 16.5% following positive comments made by CEO Christopher Anzalone, Ph.D. in an interview on CNBC. DOWN AFTER EARNINGS: Herbalife (HLF), down 11.5% after reporting disappointing second quarter results and giving guidance for the third quarter and fiscal 2014... Alliance Fiber Optic (AFOP), down 9.7%... Plum Creek Timber (PCL), down 2.8%... Eastman Chemical (EMN), down fractionally after reporting quarterly results. ALSO LOWER: TCP Capital (TCPC), down 3.1% after filing to sell $5.4M shares of common stock.
17:25 EDTEMNEastman Chemical backs FY14 EPS $6.70-$7.00, consensus $6.92
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17:25 EDTEMNEastman Chemical reports Q2 EPS $1.92, consensus $1.84
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15:47 EDTEMNNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include General Growth Properties (GGP), consensus 30c; Eastman Chemical (EMN), consensus $1.84; Range Resources (RRC), consensus 40c; XL Group (XL), consensus 83c; Plum Creek Timber (PCL), consensus 30c; Masco (MAS), consensus 28c; Jacobs Engineering (JEC), consensus 80c; Herbalife (HLF), consensus $1.57; W.R. Berkley (WRB), consensus 77c; HEALTHSOUTH (HLS), consensus 47c; Denny's (DENN), consensus 8c; Integrated Device Technology (IDTI), consensus 16c; Advent Software (ADVS), consensus 34c; Tile Shop Holdings (TTS), consensus 11c; Meru Networks (MERU), consensus (11c); Crane Co. (CR), consensus $1.16.

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