Third Quarter Financial Results, Future Company Outlooks and Promotion Announcements - Research Report on Dow, Huntsman, Grace, Green Plains, and RPM International
NEW YORK, November 4, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting The Dow Chemical Company (NYSE: DOW), Huntsman Corporation (NYSE: HUN), W.R. Grace & Co. (NYSE: GRA), Green Plains Renewable Energy, Inc. (NASDAQ: GPRE) and RPM International Inc. (NYSE: RPM). 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 October 24, 2013, The Dow Chemical Company (Dow) reported its Q3 2013 financial results with adjusted earnings of $0.50 per share, compared to $0.42 in Q3 2012, representing the fourth consecutive quarter of YoY growth in adjusted earnings. Sales for the quarter totaled $13.7 billion, up 0.7% YoY. Andrew N. Liveris, Dow's Chairman and CEO, stated, "Dow continued to demonstrate positive momentum with our drive to execute self-help measures in a slow-growth world, achieving strong cash flow, as well as year-over-year earnings growth for the fourth consecutive quarter." 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]
Huntsman Corporation Research Report
On October 29, 2013, Huntsman Corp. (Huntsman) reported its Q3 2013 financial results with adjusted EBITDA of $376 million, compared to $411 million in Q3 2012. Adjusted diluted income per share came in at $0.54 compared to $0.73 in Q3 2012. Net income attributable to Huntsman was $64 million compared to $116 million in Q3 2012. Peter R. Huntsman, President and CEO, commented, "Our third quarter results were very strong, excluding results from our Pigments business our earnings improved compared to the previous year and quarter." He continued, "We recently announced additional restructuring, specifically within our Performance Products business. The future EBITDA benefit of our companywide restructuring efforts is expected to be approximately $140 million; in addition to the approximate $100 million we have already achieved. I am encouraged by our third quarter results and am optimistic about our future prospects." The Full Research Report on Huntsman Corporation - 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/0d58_HUN]
W.R. Grace & Co. Research Report
On October 23, 2013, W.R. Grace & Co. (Grace) reported its Q3 2013 financial results with net income of $69.4 million or $0.89 per diluted share, compared to $75.5 million or $0.99 per diluted share in Q3 2012. Adjusted EPS was $1.07 per diluted share, compared with $1.04 per diluted share in Q3 2012. "Our business segments demonstrated solid performance in the quarter," said Fred Festa, Grace's Chairman and CEO. "Materials Technologies and Construction Products delivered strong quarters with double-digit increases in operating income. Catalysts Technologies operating income was slightly better than we expected. Our new catalyst technologies have been well received by customers, and our investments in catalyst technologies, including the UNIPOLTM polypropylene catalyst acquisition, position us well for a stronger 2014." The Company reaffirmed its prior outlook for full-year 2013 with Adjusted EBIT in the range of $560 million to $570 million, and Adjusted EBITDA in the range of $685 million to $695 million. The Full Research Report on W.R. Grace & 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/0c09_GRA]
Green Plains Renewable Energy, Inc. Research Report
On October 29, 2013, Green Plains Renewable Energy, Inc. (Green Plains) reported its Q3 2013 financial results with total revenues of $758.0 million, compared to $947.4 million in Q3 2012. Net income for the quarter totaled, $9.4 million, or $0.28 per diluted share, compared to a net loss of $1 million or $0.03 per diluted share in Q3 2012. Todd Becker, President and CEO said, "During the third quarter, our team effectively managed through significant price volatility at the end of the crop year. With the recovery in U.S corn production, ethanol is well-positioned competitively, resulting in strong demand for our production in U.S. and global markets. These fundamentals give us confidence we will finish 2013 with the strongest quarterly results of the year." The Full Research Report on Green Plains Renewable Energy, 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/49b2_GPRE]
RPM International Inc. Research Report
On October 10, 2013, RPM International Inc. (RPM) announced the election of Edward W. Moore as the Company's Senior Vice President, General Counsel, Chief Compliance Officer and Secretary. RPM informed that Mr. Moore previously served as an Executive Committee member and co-chair of the Securities and Capital Markets Group. Frank C. Sullivan, Chairman and CEO of the Company stated, "This promotion recognizes Ed Moore's many contributions to RPM's continued success. His strong background in corporate and securities law, coupled with his understanding of the company's entrepreneurial culture, has served RPM well over the years." The Full Research Report on RPM International 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/bf23_RPM]
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