Stock Price Updates, Financial Results, and Restructuring Initiatives - Analyst Notes on SQM, Green Plains, Chemtura, Sensient, and Flotek
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 21, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Sociedad Quimica y Minera de Chile (NYSE: SQM), Green Plains Renewable Energy, Inc. (NASDAQ: GPRE), Chemtura Corporation (NYSE: CHMT), Sensient Technologies Corporation (NYSE: SXT) and Flotek Industries Inc. (NYSE: FTK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1342-100free
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Sociedad Quimica y Minera de Chile Analyst Notes
On April 15, 2014, Sociedad Quimica y Minera de Chile (SQM or Chemical & Mining Co. of Chile Inc.) stock declined 0.51%, ending the day at $31.03. Over the previous five trading sessions, shares of SQM increased 1.50% compared to the Dow Jones Industrial Average which gained 0.04% during the same period. The full analyst notes on SQM are available to download free of charge at:
http://www.analystsreview.com/1342-SQM-21Apr2014.pdf
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Green Plains Renewable Energy, Inc. Analyst Notes
On April 15, 2014, Green Plains Renewable Energy, Inc.'s (Green Plains) stock increased 1.72%, ending the day at $27.82. For the past month, shares of Green Plains increased 0.07% compared to the Nasdaq Composite which declined 4.98% during the same period. The full analyst notes on Green Plains Renewable Energy, Inc. are available to download free of charge at:
http://www.analystsreview.com/1342-GPRE-21Apr2014.pdf
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Chemtura Corporation Analyst Notes
On April 15, 2014, Chemtura Corporation (Chemtura) reported that Great Lakes Solutions, a business of the Company, declared a price increase in all regions by up to $0.30/kg. for its TBBA (tetrabromobisphenol A) flame retardant (BA-59PTM), to take effect May 1, 2014 or as contracts allow. Matthew Sokol, General Manager of Great Lakes Solution's flame retardant business, commented, "This price increase is necessary to offset escalating raw material costs and to support continued investment in our operations and supply chain capability." TBBA is a brominated flame retardant with primarily used in the manufacture of flame retardant printed wiring boards- it is also utilized in the production of flame retardant enclosures and cabinetry in electrical and electronic applications. The full analyst notes on Chemtura Corporation are available to download free of charge at:
http://www.analystsreview.com/1342-CHMT-21Apr2014.pdf
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Sensient Technologies Corporation Analyst Notes
On April 14, 2014, Sensient Technologies Corporation (Sensient) released its financial results for Q1 2014. Q1 2014 revenue increased 0.7% YoY to $368.1 million (adjusted to remove the effect of the non-strategic business). Adjusted operating income increased to $54.3 million compared to adjusted operating income of $49.1 million in Q1 2013. Diluted earnings per share indicated a loss of $0.04 in Q1 2014 versus income of $0.43 in Q1 2013. Paul Manning, President and CEO of Sensient, commented, "Sensient delivered a very strong performance in the first quarter of 2014." Manning added, "The results this quarter clearly demonstrate that our strategy is working. There is additional upside potential for the margins in both businesses, and we expect the Flavors & Fragrances Group's operating margin to improve significantly in the next few years." The full analyst notes on Sensient Technologies Corporation are available to download free of charge at:
http://www.analystsreview.com/1342-SXT-21Apr2014.pdf
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Flotek Industries Inc. Analyst Notes
On April 15, 2014, Flotek Industries Inc. (Flotek) welcomed Amerr Mahgoub as Vice President, Middle East Business Development. As the leader of the Company's Middle Eastern business development and marketing team, Mahgoub will spearhead the development of new and existing markets for Flotek, along with the development of markets served by the Flotek-Gulf Energy joint venture located in the Sultanate of Oman and Flotek's partnership with Saudi Aramco. John Chisholm, Chairman, President and CEO of Flotek, commented, "We are delighted to have someone of Amerr's stature and experience join the Flotek team as we build a world class team in the Eastern Hemisphere." Chisholm added, "Amerr's experience in the region combined with deep relationships with key customers will service Flotek well as we work to build relationships and introduce our brand of innovative oilfield technologies to these important markets." The full analyst notes on Flotek Industries Inc. are available to download free of charge at:
http://www.analystsreview.com/1342-FTK-21Apr2014.pdf
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