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Eastman Boosts Guidance – Analyst Blog

Zacks Market Commentaries (November 18th, 2009) Writes:
Eastman Chemical Co. (EMN) has raised its full year 2009 earnings guidance to $3.50 per share from the initial guidance of $2 to $3 per share, driven by an expected strong growth in its core business. The company is hoping to deliver about 20% or over $6 per share growth in annual earnings by 2012, as the economy recovers completely. The Zacks Consensus Estimate is pegged at $3.22 for 2009 and at 93 cents for the fourth quarter. Recently, Eastman’s close peers, Dow Chemical Company (DOW) and Dupont (DD) have also predicted strong growth in earnings. Eastman stands to benefit from its business restructuring and cost-cutting measures, which are expected to result in cost savings of more than $200 million for the full year 2009. Eastman’s earnings of $1.38 per share in the third quarter of 2009 had bettered the Zacks Consensus Estimate of ...

PWRM, HZHI, HCEI, CVAT, PSFT, CSRH, AQNM, DrStockPick.com Stock Report!

Dr. Stock Pick (November 17th, 2009) Writes:

Dr Stock Pick HOT News & Alerts!

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Tuesday November 17, 2009

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PWRM, HZHI, HCEI, CVAT, PSFT, CSRH, AQNM

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hcei HCEI, Healthy Coffee International Inc., HCEI.PK

HCEI is well positioned in the market place at the intersection of three mega-billion dollar industries: coffee, wellness and energy drinks, and has quickly established offices in 9 countries and distributors in 29 other countries through its marketing subsidiary Healthy Coffee USA, Inc. (www.HealthyCoffee.com) which uses a simple and unique Internet-driven international business model that allows the average person to own and operate a local, national, or international coffee distribution or coffee house business

...
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HCEI, HZHI, CVAT, PWRM, PSFT, CSRH, AQNM, DrStockPick.com Stock Report!

Dr. Stock Pick (November 16th, 2009) Writes:

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Monday November 16, 2009

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hcei HCEI, Healthy Coffee International Inc., HCEI.PK

HCEI is well positioned in the market place at the intersection of three mega-billion dollar industries: coffee, wellness and energy drinks, and has quickly established offices in 9 countries and distributors in 29 other countries through its marketing subsidiary Healthy Coffee USA, Inc. (www.HealthyCoffee.com) which uses a simple and unique Internet-driven international business model that allows the average person to own and operate a local, national, or international coffee distribution or coffee house business

...
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District Energy Magazine publishes carbon recycling article featuring Mantra’s ERC technology

Stuart Smith (November 13th, 2009) Writes:

Nov. 13, 2009 (PR Newswire) — SEATTLE, Nov. 13 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (’Mantra’, OTCBB: MVTG, FSE: 5MV), developer of the revolutionary carbon recycling ERC technology, was featured in the Fourth Quarter 2009 edition of District Energy Magazine (District Energy). The article, entitled “Carbon Recycling: An alternative to carbon capture and storage,” takes a closer look at the current economic, regulatory and legal challenges facing carbon capture and storage (CCS), and offers some insight as to the potential advantages of carbon recycling over CCS.

Rowan Oloman, author of the article and freelance writer of Vancouver, B.C., notes: “Several massive hurdles still stand in the way of full-scale CCS deployment. U.K. consulting firm McKinsey figures that adding CCS to the next generation of European power plants could lift their price by up to $1.3 billion each.” While this cost barrier is a significant deterrent to widespread adoption of

...

Tata and Sikorsky Ink JV – Analyst Blog

Zacks Market Commentaries (November 13th, 2009) Writes:

Sikorsky Aircraft Corp. and Tata Advanced Systems Ltd. (TASL) today announced creation of a joint venture that will manufacture aerospace components for Sikorsky in India, including components for S-92® helicopter cabins. The joint venture agreement builds upon a long-term contract signed in Jun 2009 for TASL to assemble Sikorsky S-92® helicopter cabins. Sikorsky is a subsidiary of United Technologies Corp. (UTX) and TASL is a wholly owned subsidiary of Tata Sons.

Both the joint venture agreement and the cabin assembly contract stem from a MOU signed in Feb 2007 by the companies to explore the creation of aerospace operations in India. The cabin assembly contract signed in June 2009 has led to ongoing construction in Hyderabad, in the state of Andhra Pradesh, where TASL will assemble S-92 helicopter cabins starting in 2010.  The new joint venture will be positioned to manufacture components for other aerospace Original Equipment Manufacturers

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Dow Divests Business – Analyst Blog

Zacks Market Commentaries (November 13th, 2009) Writes:
Diversified chemical company Dow Chemical Company (DOW) has signed an agreement to sell its non-core Powder Coatings Business to Akzo Nobel N.V. (AKZOY), a leading producer of paints and coatings, based in Amsterdam, The Netherlands. Financial terms of the transaction were not disclosed. The transaction is expected to close by the second quarter of 2010, subject to customary closing conditions, including regulatory approvals.  Dow plans to use the proceeds from the transaction to repay debt, consistent with the company's de-leveraging plan. Dow plans to raise about $3.5 billion by divesting its non-core assets. For the Chemicals group Akzo Nobel, the deal will bring upgraded technological expertise and significant synergy potential for the Powder Coatings business, as well as enhance the company's position in the U.S.  The powder coatings activities were purchased by Dow earlier this year as part of its acquisition of Rohm & Haas. ...

Ultrapar Posts Higher Profits – Analyst Blog

Zacks Market Commentaries (November 12th, 2009) Writes:
Ultrapar Participacoes S.A. (UGP) reported its third quarter results yesterday after market close. The company reported earnings of R$1.00 per share for the third quarter of 2009, which was 9% up from last year’s earnings of R$0.91 per share. Quarterly revenue increased 25% to R$9.7 million from R$7.7 million in the third quarter of 2008. The company’s EBITDA was up 39% year-over-year at R$371 million. The double digit growth in sales and EBITDA were primarily a result of the consolidation of Texaco revenues from second quarter 2009. Also, the company said that it witnessed a gradual recovery in both the retail and the manufacturing sectors, particularly in segments linked to the domestic demand. Moreover, Ultrapar benefited from the continued IPI tax breaks on vehicles sales and increased credit availability in the region. Ultragaz's net sales in the quarter were R$929 million in 3Q09, up 1.3% ...

TOTAL Tops Zacks Estimate – Analyst Blog

Zacks Market Commentaries (November 12th, 2009) Writes:
TOTAL SA (TOT) reported third-quarter earnings of €0.84 per share ($1.20 per share), above the Zacks Consensus Estimate of $1.12 and second-quarter profit of €0.77. However, earnings declined from €1.81 reported a year ago. Earnings improved sequentially based on higher production, better realizations and lower costs.   Total revenues declined 31% from the year-ago quarter but improved 7% sequentially to €33.6 billion. The decline was caused mainly by lower realized oil and gas prices in the Upstream segment, reduced throughput volumes in the Downstream segment and a revenue decline at the chemicals segment.   Total hydrocarbon production averaged 2,243 thousand barrels of oil equivalent (MBOE) per day, up 0.5% from last year and 2.8% from the previous quarter. The increase was mainly due to production improvements and start-ups of new fields; offset by OPEC reductions and lower gas demand, disruptions in Nigeria, and changes in portfolio essentially in ...

Synthetech Inc. (NZYM.OB) Posts 22% Increase in Q2 2010 Revenue; Insight into Upcoming Endeavors

QualityStocks (November 10th, 2009) Writes:

Fine chemicals company Synthetech Inc. today announced its second quarter of fiscal 2010 results, which ended September 30, 2009, posting improvements across the board, fueled by pipeline projects, operational efficiencies and other growth initiatives.

Revenue for the quarter was $4.0 million, up 22 percent from revenue of $3.3 million in the second quarter of fiscal 2009. Operating income for the current quarter was $668,000, compared to an operating loss of $333,000 for the same period last year. Net income for the current quarter was $639,000, or $0.04 per share, compared to last year’s second quarter net loss of $367,000, or $0.03 per share.

The company also posted six-month results for fiscal 2010, reporting revenue of $8.7 million, which resulted in operating income of $1.7 million and net income of $1.6 million, or $0.11 per share. For the comparable period last year, revenue of $8.2 million resulted in an operating loss of

...

RPM International Inc. – Value – Zacks Rank Buy

Tracey Ryniec (November 10th, 2009) Writes:
RPM International Inc. (RPM) recently raised its dividend for the 36th consecutive year. Analysts expect earnings growth of 20.41% in fiscal 2010.

Company Description

RPM International is a holding company for subsidiaries that manufacture specialty coatings and sealants for industrial and consumer customers. Its industrial segment produces roofing systems, sealants, corrosion control coatings and specialty chemicals under the brands Tremco, Day-Glo, Euco and Dryvit, among others.

On the consumer side, its products are used for home maintenance, boat repair and by hobbyists. Those brands include Zinsser, Rust-Oleum, DAP, Varathane and Testors.

RPM Raised Dividend by 2.5%

When everyone else is cutting dividends, RPM continues to not only reward its shareholders but also increased its dividend for the 36th consecutive year.

On Oct 8, the company increased its dividend by 2.5% to 20.5 cents from 20 cents paid last year. It's current dividend yield is a hefty 4.50%.

...

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