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Stock Market & Financial Investment News

News Breaks
October 2, 2012
07:35 EDTKROKronos Worldwide likely near bottom, says Oppenheimer
After Kronos issued a negative Q3 preannouncement, Oppenheimer believes the company's TiO2 business is at or very near a bottom. The firm believes that TiO2 will "undoubtedly rebound," while the company's dividend is sustainable. Oppenheimer maintains a $20 target and Outperform rating on the shares.
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May 23, 2013
14:31 EDTKROKronos Worldwide estimates lowered at Stephens
Stephens sharply lowered its estimates on Kronos Worldwide after the company reported lower than expected Q1 EPS. The firm thinks it's too early to bake the company's price increases for Tio2 into its model, while the company is facing worse than expected raw material inflation. The firm lwoered its price target on the stock to $16 from $17 and keeps an Equal Weight rating on the stock.

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