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du Pont (DD)
DuPont declared regular quarterly dividends of $1.12-1/2 per share on the $4.50 series preferred stock and 87-1/2 cents per share on the $3.50 series preferred stock, both payable January 10, 2010. DuPont today revised the record date for both preferred dividends from January 8, 2010 to January 4, 2010 for administrative reasons.
On October 21, DuPont also declared a Q4 common stock dividend of 41 cents per share, payable December 14, to stockholders of record November 13. There has been no change in the record date for the common stock dividend.
Oct 27 · 12:36:00 PM · Source: Reuuters
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by Michael Oliveto
U.S. Steel (X)
U.S. Steel today reported a third-quarter net loss of $303 million, or $2.11 a share, compared with net income of $919 million, or $7.79, a year earlier. Sales dropped 61 percent to $2.82 billion.
The company said results will improve in the fourth quarter because of increased demand for flat-rolled steel in North America, led by the auto industry.
Oct 27 · 10:43:00 AM · Source: Company News Release
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by Larry Etter
AK Steel (AKS)
AK Steel today reported net income of $6.2 million, or $0.06 per diluted share of common stock, for the third quarter of 2009, compared to net income of $188.3 million, or $1.67 per diluted share, for the third quarter of 2008. Net sales for the third quarter of 2009 were $1,041.1 million on shipments of 1,047,800 tons, compared to sales of $2,157.6 million on shipments of 1,476,300 tons for the year-ago quarter.
However, the third quarter 2009 results represent a $53.4 million improvement over the second quarter of 2009 net loss of $47.2 million, or $0.43 per diluted share.
Oct 27 · 10:20:00 AM · Source: Company News Release
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by Larry Etter
Ferro Corporation (FOE)
Ferro Corp. today reported third quarter net income fell to $1,949,000 from $4,385,000. Net sales were $442 million, a decline of 25 percent from the third quarter of 2008. Net sales increased 11 percent, sequentially, from the second quarter of 2009.
Oct 26 · 8:02:00 PM · Source: Company News Release
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by Larry Etter
CF Industries Holdings (CF)
CF Industries Holdings, Inc. today reported third quarter 2009 net earnings attributable to common stockholders of $38.5 million, or $0.78 per diluted share, an 18 percent decrease from the $47.1 million, or $0.82 per diluted share, the company reported in the third quarter of 2008. net sales totaled $430.1 million, representing a decrease of 58 percent from third quarter 2008 that resulted from lower price realizations for all products.
Company's CEO said domestic distributors and retailers remain hesitant to carry inventory because of the write-downs they experienced as prices fell last winter.
Oct 26 · 7:47:00 PM · Source: Company News Release
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by Larry Etter
Amcol International Corporation (ACO)
Amcol International Corp (ACO.N) posted a third-quarter profit attributable to shareholders was $13.3 million, or 43 cents per share, compared with $1.9 million, or 6 cents per share, a year earlier. Net sales at the company fell 25 percent to $190.9 million.
The specialty minerals company handily beat analysts' estimates, helped by better margins across its businesses
Oct 23 · 11:39:00 AM · Source: Company News Release
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by Larry Etter
Dow Chemical (DOW)
Dow Chemical reported Q3 earnings per share of $0.63 on net income of $12.05 billion versus $0.46 per share on net income of $15.37 billion in the year ago period.
Andrew N. Liveris, Dow's chairman and chief executive officer, stated:
"Dow once again delivered stronger sequential earnings due to our focus on
aggressive price/volume management, accelerating cost reductions, especially
with the Rohm and Haas integration, plus benefiting from our global presence
with volume gains in emerging geographies. In addition, we are seeing pockets
of volume growth in certain businesses versus the prior quarter, primarily in
Advanced Materials, Performance Products and Performance Systems, which have
benefited from the beginnings of a global economic recovery. Consistent with
our focus on execution, immediately following the close of the quarter we also
accomplished a key objective by completing the sale of Morton Salt and fully
paying off our bridge loan related to the Rohm and Haas acquisition well ahead
of schedule, improving the Company's financial flexibility and further
deleveraging our balance sheet."
Oct 22 · 12:31:00 PM · Source: Press Release
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by Michael Oliveto
du Pont (DD)
Du Pont announced Q3 earnings of $0.45 per share on net income of $409 million versus earnings of $0.40 per share on net income of $367 in the year ago period.
The prior year included a $146 million after-tax hurricane-related charge. Net income reflects the benefit of significantly lower costs, partly offset by lower sales volume.
Oct 22 · 12:14:00 PM · Source: Press Release
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by Michael Oliveto
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