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Stock Market & Financial Investment News

News Breaks
June 11, 2014
18:31 EDTOMNOmnova Solutions increases production capacity of acrylic resins
OMNOVA Solutions announced the completion of a major capabilities expansion at its Le Havre, France manufacturing facility, which will enable the company to increase its capacity to produce specialty acrylic resins for water-borne coatings. This multi-million euro expansion features semi-continuous polymerization and builds upon OMNOVA's existing capabilities for acrylic water-based chemistries in the United States in order to enhance regional service to customers in Europe, the Middle East, Africa and Asia.
News For OMN From The Last 14 Days
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September 25, 2014
12:17 EDTOMNOn The Fly: Midday Wrap
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09:13 EDTOMNOn The Fly: Pre-market Movers
HIGHER: LipoScience (LPDX), up 63% after agreeing to be acquired by LabCorp (LH) for $5.25 per share in cash... Magnum Hunter (MHR), up 12.5% after announcing that throughput volumes on Eureka Hunter's gas gathering pipeline system have increased to about 316,500 MMBtu per day... Jabil Circuit (JBL), up 4.7% following its report of better than expected fourth EPS and revenue... JD.com (JD), up 0.7% after the stock was initiated with an Outperform rating at Macquarie. LOWER: Yahoo (YHOO), down 0.6% after RBC Capital downgraded its rating on the stock to Sector Perform from Outperform, saying the risk/reward is less attractive following Alibaba's (BABA) initial public offering... HB Fuller (FUL), down 15% after reporting quarterly results and guidance that missed analyst estimates... Omnova Solutions (OMN), down 10.8% after its Q3 adjusted EPS missed expectations... Pacira Pharmaceuticals (PCRX), down 9.2% after receiving an FDA warning letter over certain promotional materials on Exparel.
07:36 EDTOMNOmnova Solutions sees $4M in savings in 2015 from optimizing measures
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07:34 EDTOMNOmnova Solutions sees Q4 profit improving from Q3
Omnova Solutions expects sequential profit improvement from Q3 to Q4 from increased Chinese sales, stronger paper and carpet margins and continued growth in oil & gas, specialty coatings and laminates. The company continues to see strong volume growth in key Specialty Chemicals product lines, notably oil & gas and specialty coatings, with recovery in the nonwovens product line, particularly in Asia. Engineered Surfaces' laminates product line remains strong.
07:32 EDTOMNOmnova Solutions reports Q3 adjusted EPS 5c, consensus 18c
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September 24, 2014
15:19 EDTOMNNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Worthington Industries (WOR), consensus 63c; Scholastic (SCHL), consensus (84c); OMNOVA Solutions (OMN), consensus 18c.

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