Solutia SOA
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New Morningstar Analyst Report for Eastman Chemical Company
… increased in 2012 with the acquisition of Solutia . EBITDA covered interest 8 times in 2012 ..... opinion, management's acquisition of Solutia is value-positive. The purchase adds ..... cigarette use. Also, the addition of Solutia adds any potential litigation and environmental …
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In Eastman's First Quarter, Fibers are Strong, but Adhesives Lose Traction
… release of first-quarter results. Sales were up 27% compared with the first quarter of 2012, as revenue from newly acquired Solutia boosted the top line. On a pro forma combined basis, sales dropped roughly 1% compared with the prior-year period, as …
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New Morningstar Analyst Report for Joy Global Inc.
… years with Joy, but new appointee Jim Sullivan holds relevant financial experience stemming from his time at chemical firm Solutia . In all, we rate Joy's stewardship as standard. We think Joy's capital allocation has benefited shareholders, although …
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Eastman Wraps Up a Successful 2012
… quarter of 2011, as revenue from newly acquired Solutia boosted the top line. Excluding Solutia , sales declined 4% year over year primarily ..... July, Eastman completed the acquisition of Solutia , which we viewed as a positive transaction …
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Eastman Chemical ([[EMN]] +2.4%) says earnings may increase 50% to ~$8/share by 2015 on sales of ingredients used in tires, coatings and windows. July's Solutia acquisition, which doubled EMN's Asia ...
… earnings may increase 50% to ~$8/share by 2015 on sales of ingredients used in tires, coatings and windows. July's Solutia acquisition , which doubled EMN's Asia sales, has accelerated the move away from commodity products and toward a specialty …
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With Solutia Officially Added to the Mix, Eastman Reports an Impressive Third Quarter
… the outperformance. As a result of the Solutia acquisition, which closed July 2, sales ..... the third quarter of 2011. Adjusted for Solutia , pro forma sales dropped 3% year over ..... prior-year period. With the addition of Solutia , Eastman has reorganized its operating …
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TEXT-S&P: Solutia ratings withdrawn after acquisition by Eastman Chemical
… Ratings Services withdrew its ratings on Solutia Inc., including its corporate credit ..... BBB/Stable/A-2) acquisition of Solutia , as well as the company's repayment ..... ratings and our corporate credit rating on Solutia Inc. upon the completion of Eastman Chemical …
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Eastman Posts Solid Second-Quarter Results and Closes Solutia Deal after Quarter-End
… percentage point to the 2% revenue decline. Eastman completed the Solutia acquisition just after the second quarter closed, so next ..... at the earnings power of the combined companies. We think Solutia is a solid strategic fit for Eastman, and the potential cost …
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UPDATE 1-Eastman Chemical profit beats forecasts after Solutia deal
July 30 (Reuters) - Eastman Chemical Co posted quarterly profit on Monday that beat forecasts, as lower supply costs helped offset a drop in demand for specialty plastics.
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CORRECTED-Eastman Chemical quarterly profit slips 19 percent
(Corrects with full company's quarterly results, not just Solutia 's)