New Technology Introduced, Asset Acquisition, Earnings Teleconference, and Product Price Increases - Analyst Notes on Grace, Valspar, Green Plains, Cytec and Chemtura
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NEW YORK, June 20, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding W.R. Grace & Co. (NYSE: GRA), The Valspar Corp. (NYSE: VAL), Green Plains Inc. (NASDAQ: GPRE), Cytec Industries Inc. (NYSE: CYT) and Chemtura Corp. (NYSE: CHMT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3926-100free.
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W.R. Grace & Co. Analyst Notes
On June 17, 2014, W.R. Grace & Co. (Grace) stock ended the day at $94.73 compared to the previous day's closing price at $93.85, representing an upward movement of 0.94%. The Company's stock grew 2.52% over the past three trading days, compared to the Dow Jones Industrial Average which rose 0.44% and to S&P 500 which grew 0.62% during the same trading period. The full analyst notes on Grace are available to download free of charge at:
http://www.analystsreview.com/Jun-20-2014/GRA/report.pdf
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The Valspar Corp. Analyst Notes
On June 6, 2014, The Valspar Corp. (Valspar) announced the launch of Valspar Valde Extreme Flex Cure (EFC) powder coating technology. Valspar reported that the new technology is designed with resin technology which enables to deliver faster cure rates at a much lower temperature, as compared to traditional powder coatings. Joseph Laehu, Director of Global Industrial Finishes, Valspar Industrial, said, "Our customers operate in the highly-competitive appliance, furniture and industrial segments and have asked us to deliver a powder coating technology to make a significant impact to their bottom line, Valspar Valde EFC delivers on that request." The full analyst notes on Valspar are available to download free of charge at:
http://www.analystsreview.com/Jun-20-2014/VAL/report.pdf
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Green Plains Inc. Analyst Notes
On June 10, 2014, Green Plains Inc. (Green Plains) announced its acquisition of the assets Supreme Cattle Feeders from Agri Beef Co., which includes the feed yard doing business as Supreme Cattle Feeders and the Cimarron Grain storage facility based near Kismet, KS. "Supreme Cattle Feeders is one of the premier cattle feed yards in the U.S. and this operation is an ideal adjacent business for Green Plains," stated Todd Becker, President and CEO. "The custom cattle-feeding business gives us the ability to further process our distillers grains and corn oil, and extend our corn origination network. We also believe that this transaction will be accretive to 2014 earnings." Post the acquisition, Supreme Cattle Feeders will continue to operate under its current name as a custom cattle-feeding business. The full analyst notes on Green Plains are available to download free of charge at:
http://www.analystsreview.com/Jun-20-2014/GPRE/report.pdf
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Cytec Industries Inc. Analyst Notes
On June 17, 2014, Cytec Industries Inc. (Cytec) announced the schedule of its teleconference in relation to its Q2 2014 earnings release. The Company will release its Q2 2014 financial results on July 17, 2014, after the close of market. A teleconference will be held on July 18, 2014, at 11:00 a.m. ET, with the replay version available to access for 3 weeks, beginning at 2:00 p.m. ET on July 18, 2014, via the Company's website. The full analyst notes on Cytec are available to download free of charge at:
http://www.analystsreview.com/Jun-20-2014/CYT/report.pdf
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Chemtura Corp. Analyst Notes
On June 17, 2014, Chemtura Corp. (Chemtura) announced that it is increasing its price of up to 30% on the base price of certain polymerization co-catalysts. The price increase will be effective globally starting July 1, 2014. According to the Company, the price increases are necessary to sustain investment in Chemtura Organometallics but are not anticipated to have a material effect upon the consolidated profitability and cash flows of Chemtura. Anne Noonan, Senior Vice President and President of Chemtura's Industrial Engineered Products segment said, "It is essential, however, that acceptable levels of financial return are maintained in order to reinvest for the future so that we can continue supply of high-quality products and services, along with the highest standards of health and safety and cost performance, to our global customers. The price increases will help re-establish the historical value of these products and establish a path to acceptable value across the entire product range." The full analyst notes on Chemtura are available to download free of charge at:
http://www.analystsreview.com/Jun-20-2014/CHMT/report.pdf
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