New Production Units, Dividend Authorizations, and Earnings Releases - Analyst Notes on Celanese, Ashland, Westlake, Airgas and IFF
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NEW YORK, May 29, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Celanese Corporation (NYSE: CE), Ashland Inc. (NYSE: ASH), Westlake Chemical Corp. (NYSE: WLK), Airgas Inc. (NYSE: ARG) and International Flavors & Fragrances Inc. (NYSE: IFF). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3066-100free.
Celanese Corporation Analyst Notes
On May 22, 2014, Celanese Corp. (Celanese) announced its plans to construct a VAE emulsions production unit located in Southeast Asia. "This proposed expansion will support our global and regional growth strategy to expand our reach into the markets of Southeast Asia," remarked Mark Murray, Vice President and General Manager of the Celanese emulsion polymers business. "Building a VAE plant in Southeast Asia would broaden our network to better serve customers throughout the Asia-Pacific region, primarily in the high-end applications of architectural coatings, building and construction, carpets, and paper industries." The unit is expected to begin production by mid-2016. The full analyst notes on Celanese are available to download free of charge at:
http://www.analystsreview.com/CE.pdf/Register
Ashland Inc. Analyst Notes
On May 15, 2014, Ashland Inc. (Ashland) reported that its Board of Directors has declared a quarterly cash dividend in the amount of $0.34 per share on the Company's common stock. The dividend is payable on June 15, 2014, to shareholders of record at the close of the business on May 30, 2014. The full analyst notes on Ashland are available to download free of charge at:
http://www.analystsreview.com/ASH.pdf/Register
Westlake Chemical Corp. Analyst Notes
On May 19, 2014, Westlake Chemical Corp. (Westlake) announced that its Board of Directors has declared a quarterly dividend in the amount of 12.6 cents per share. The dividend is payable on June 17, 2014, to shareholders of record on May 30, 2014. This represents the 39th successive quarterly dividend the Company has declared since August 2004. The full analyst notes on Westlake are available to download free of charge at:
http://www.analystsreview.com/WLK.pdf/Register
Airgas Inc. Analyst Notes
On May 1, 2014, Airgas, Inc. (Airgas) reported its Q4 FY 2014 and FY 2014 financial results (period ended March 31, 2014). For the quarter, sales totaled $1.3 billion, which remained almost flat compared to Q4 FY 2013. Diluted EPS for the quarter was $1.17 compared to $1.13 in Q4 FY 2013. FY 2014 sales were $5.1 billion, up 2.3% YoY. Diluted EPS for FY 2014 was $4.68 compared to $4.35 in FY 2013. Airgas President and CEO Michael L. Molinini, stated, "We remained focused on outstanding customer service, expense management, and execution of strategic initiatives, which included the achievement of our long-standing target of reaching a run-rate of more than $75 million in SAP-enabled operating income benefits by the end of calendar year 2013." For Q1 FY 2015, the Company anticipates diluted EPS in the range of $1.15 to $1.20, reflecting a 1% to 5% YoY growth. The full analyst notes on Airgas are available to download free of charge at:
http://www.analystsreview.com/ARG.pdf/Register
International Flavors & Fragrances Inc. Analyst Notes
On May 23, 2014, International Flavors & Fragrances Inc.'s (IFF) stock ended the day at $98.86 compared to the previous day's closing price of $98.06, representing a 0.82% gain. The Company's stock rose 1.98% over the past three trading days compared to the Dow Jones Industrial Average which rose 1.42% and to S&P 500 which increased 1.48% during the same trading period. The full analyst notes on IFF are available to download free of charge at:
http://www.analystsreview.com/IFF.pdf/Register
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