TITLE

Albemarle shocks with upside surprise

AUTHOR(S)
Chang, Joseph
PUB. DATE
October 2006
SOURCE
ICIS Chemical Business Americas;10/23/2006, Vol. 270 Issue 15, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the surging of the stock price of Albemarle in the second half of 2006. The chemical-producing company's earnings per share for the period went up to $1.25 versus analyst forecasts of $0.87, while its profit gained 131 percent to a record $60.7 million on 20 percent higher sales of $608 million. Albemarle president and CEO Mark Rohr credits the strong demand and pricing of the company products for the increase in share price.
ACCESSION #
23105242

 

Related Articles

  • Albemarle flies high. Chang, Joseph // ICIS Chemical Business Americas;1/29/2007, Vol. 271 Issue 4, p7 

    The article reports on the financial performance of chemical maker Albemarle. The company posted earnings per share of $1.18 compared to analysts' estimated of 93 cents. Company shares increased from $4.77 or 6.66% to $77.01. Remarks from President and Chief Executive Officer Mark Rohr regarding...

  • Chemicals unveil mixed results.  // Chemical Market Reporter;7/25/2005, Vol. 268 Issue 3, p12 

    This article focuses on the performance of several chemical firms for the second quarter of 2005. Rohm and Haas Co. posted a 46 percent gain in underlying earnings to $172 million on 11 percent higher sales of $2 billion. Earnings per share were 77 cents. The company is seeing solid growth in...

  • Specialty firms upbeat after posting strong first quarter.  // Chemical Market Reporter;5/1/2006, Vol. 269 Issue 17, p7 

    The article reports on the business performance of Specialty Chemical Corporations for the first quarter in the U.S. Pallbearer posted Q1 earnings per share of 71 cents, surpassing the eight cents estimates of Wall Street. The earnings leaped 43 percent to 34.4 million dollars on 19 percent...

  • DuPont punished on profit miss. Chang, Joseph // Chemical Market Reporter;8/1/2005, Vol. 268 Issue 4, p13 

    Reports that Wall Street has downgraded DuPont stocks after earnings per share fell short of Wall Street estimates. Percentage gain in underlying profits on flat comparable sales; Decline in volume in the U.S. and Western Europe; Growth in Asia, Latin America and Eastern Europe.

  • GD Posts Strong Third Quarter On Broad Strength. Biesecker, Calvin // Defense Daily;10/23/2008, Vol. 240 Issue 16, p5 

    The article reports on the financial performance of General Dynamics Corp. (GD) in the third quarter of 2008. GD reported strong third quarter financial results with net income of $634 million and $1.59 earnings per share (EPS). Operating margins were also up 1.4% to 13.1%. Nicholas Chabraja,...

  • Petrofac reports increase in net profit in final results for Y/E 31 December 2013.  // World Energy News;2/26/2014, p16 

    The article focuses on the financial reports presented by the energy production company Petrofac Corp. for the year ending December 31, 2013. Net profit of the company has increased by three percent whereas its earnings per share increased to 189.10 cents and full year dividend increased to...

  • Severe weather hurts FedEx. Investor's Business Daily // Investors Business Daily;3/20/2014, pA02 

    The shipper said Q3 EPS was flat at $1.23, 23 cents below views. Views had already been cut by 5 cents since Fri. Revenue rose 3% to $11.3 bil, but fell below the $11.4 bil expected. CEO Frederick Smith said it "was the toughest winter FedEx has ever operated in," with Jan. and Feb. especially...

  • Results at McKesson exceed expectations.  // Chain Drug Review;11/23/2009, Vol. 31 Issue 20, p13 

    The article reports on the net income of McKesson Corp. for the second quarter of fiscal 2010 in the U.S. It states that McKesson's net income fell 8% due to a prior-year tax benefit which skewed comparisons. However, it cites that the management has increased its earnings guidance for the...

  • Full-year profit guidance is raised.  // Chain Drug Review;11/23/2009, Vol. 31 Issue 20, p13 

    The article reports on the move of the McKesson Corp. management to raise its earnings guidance for the full fiscal year 2010 due to a solid operating performance in the U.S. McKesson chairman and chief executive officer (CEO) John Hammergren said that they expect the company to earn between...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics