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Stock Market & Financial Investment News

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June 30, 2014
10:28 EDTKRAKraton Performance board withdraws recommendation on LCY pact
Earlier today, Kraton Performance Polymers notified Taiwan-based LCY Chemical Corp. that its Board of Directors intends to withdraw its recommendation that Kraton stockholders approve the previously announced Combination Agreement under which Kraton would combine with LCY's styrenic block copolymer operations. Shares of Kraton Performance are trading higher by 2% in morning trading.
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July 30, 2014
17:46 EDTKRAKraton Performance sees FY14 adjusted EPS $1.40-$1.50, consensus $1.62
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17:44 EDTKRAKraton Performance reports Q2 adjusted EPS 46c, consensus 52c
Reports Q2 revenue $323.8M, consensus $342.61M. Cariflex sales revenue was $29.2M for the three months ended June 30. Advanced Materials sales revenue was $81.7M for the three months ended June 30. Adhesives, Sealants and Coatings sales revenue was $128.2M for the three months ended June 30. Paving and Roofing sales revenue was $84.6M for the three months ended June 30.

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