Stock Movement, Carve-outs and Upcoming Conferences - Research Report on Dow, Mosaic, Praxair, Air Products, and Eastman
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NEW YORK, December 6, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting The Dow Chemical Company (NYSE: DOW), Mosaic Co. (NYSE: MOS), Praxair, Inc. (NYSE: PX), Air Products & Chemicals, Inc. (NYSE: APD), and Eastman Chemical Company (NYSE: EMN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Dow Chemical Company Research Report
On December 2, 2013, The Dow Chemical Company (Dow) announced a carve-out scope of a separation of a significant portion of its chlorine value chain. According to Dow, these assets are being carved out for future transactions, and represent up to $5 billion of total annual revenue, inclusive of sales on the merchant market and sales to support Dow's downstream, value-added products. The scope includes approximately 40 manufacturing facilities at 11 sites, and approximately 2,000 employees. Andrew N. Liveris, Dow's Chairman and CEO, commented, "Today's announcement represents a continuation of the shift of our Company toward downstream high-margin products and technologies that customers value, and generate consistently higher returns than cyclical commodity products. We are committed to prioritize our resources such that we maximize total shareholder return." Dow also stated that it will shut down approximately 800,000 tons of chlorine and caustic equivalent capacity in Freeport, Texas, which will be replaced with supply from new facilities that will come online with the start-up of the Dow Mitsui joint venture in early 2014. The Company informed that these shutdowns will help maintain Dow's balances and will be coordinated with the start-up of the joint venture. The Full Research Report on The Dow Chemical Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/6908_DOW
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Mosaic Co. Research Report
On December 3, 2013, stock of Mosaic Co. (Mosaic) dropped 2.25% to $46.40 per share. Over the past three trading sessions, Mosaic's stock posted a 1.02% decline while the Dow Jones Industrial Average also dropped by 1.14% during the same period. The Full Research Report on Mosaic Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/93ee_MOS
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Praxair, Inc. Research Report
On December 3, 2013, Praxair, Inc.'s (Praxair) stock closed trading down by 0.43% at $124.24 per share. Over the past three trading days, stock of Praxair dropped 1.85% while the Dow Jones Industrial Average also dropped 1.14% during the same period. The Full Research Report on Praxair, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/8868_PX
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Air Products & Chemicals, Inc. Research Report
On December 3, 2013, Air Products & Chemicals, Inc. (Air Products) announced that it will participate at the upcoming Bank of America Merrill Lynch Basic Materials Conference in Boston on December 11, 2013 at 9:30 a.m. EST. Guillermo Novo, Senior Vice President and General Manager, Electronics, Performance Materials, Strategy, and Technology, will represent the Company and present an overview of Air Products along with growth opportunities and leadership positions in key markets worldwide. The Full Research Report on Air Products & Chemicals, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/e75a_APD
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Eastman Chemical Company Research Report
On November 26, 2013, the Eastman Chemical Company (Eastman) announced on their events page that its President and CEO-designate, Mark Costa, will address the 2013 US Basic Materials Conference in Boston on December 10, 2013 at 8:00 a.m. ET. The said event is sponsored by Bank of America Merrill Lynch. The Company informed that interested parties can access Costa's presentation via Eastman's website. The Full Research Report on Eastman Chemical Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/456e_EMN
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