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Stock Market & Financial Investment News

News Breaks
January 18, 2013
13:05 EDTROCRockwood has a new active bullish pattern on the monthly chart
On a multi-year monthly chart there is a clear bullish symmetrical triangle pattern that became active when price broke out above the $52.50 area. The pattern would not be active below this level. Traders should keep in mind that large-scale time frames and patterns require patience and on shorter time frames can be volatile. Potential upside for the pattern, if it remains active and completes, is to the $82 area over time. The stock was added to the Focus List at Credit Suisse this morning, with a bump in price target to $65.
News For ROC From The Last 14 Days
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October 1, 2014
08:35 EDTROCHuntsman completes acquisition of Rockwood's additives business
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08:35 EDTROCRockwood completes sale of titanium dioxide pigments business to Huntsman
Rockwood Holdings (ROC) announced that it completed the previously announced sale of the Titanium Dioxide Pigments and four other non-strategic businesses to Huntsman Corporation (HUN) for an enterprise value of $1.275B, including the assumption of $225M in pension obligations. The Rockwood businesses being sold include Titanium Dioxide Pigments, Color Pigments & Services, Timber Treatment Chemicals, Rubber/Thermoplastics Compounding, and Water Chemistry. Rockwood received net cash proceeds of $950M, which is subject to certain potential post-closing adjustments.
September 30, 2014
18:27 EDTROCHuntsman gets final EU approval for acquisition of Rockwood's additives business
Huntsman (HUN) announced that it has received final clearance and approval from the European Commission to acquire the Performance Additives and Titanium Dioxide businesses of Rockwood Holdings (ROC). The acquisition is expected to close October 1, 2014.
September 22, 2014
08:21 EDTROCOZ Management reports 5.83% stake in Rockwood
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