|Bid||0.00 x 200|
|Ask||0.00 x 1400|
|Day's Range||80.79 - 82.42|
|52 Week Range||64.81 - 86.63|
|Beta (3Y Monthly)||1.43|
|PE Ratio (TTM)||46.21|
|Forward Dividend & Yield||1.00 (1.20%)|
|1y Target Est||N/A|
Chemicals maker Ineos Enterprises said on Thursday it will buy Ashland Global Holdings Inc's composites unit for $1.1 billion, chiefly for its resin business. Ashland said the divestiture was a part of ...
Ashland Global Holdings Inc. has agreed to sell its composites business and butanediol manufacturing facility in Marl, Germany, to privately-owned INEOS Enterprises in a deal valued at $1.1 billion, the companies announced Thursday. The two segments have combined sales of more than $1.1 billion a year and have around 1,300 employees, said Ashland. Ashland also said it will use the expected net proceeds of the sale, which it expects to be around $1 billion, to reduce outstanding debt. The deal is expected to close before the end of the June 2019 quarter. Shares of Ashland have gained 14% in the year to date, while the S&P 500 has gained 1%.
Ashland (ASH) witnesses higher sales in all segments in Q4. It expects adjusted EPS for first-quarter fiscal 2019 in the range of 55-65 cents.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
Ashland (ASH) delivered earnings and revenue surprises of -1.02% and 2.89%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Covington, Kentucky-based company said it had net income of 15 cents per share. Earnings, adjusted for one-time gains and costs, were 97 cents per share. The results fell short of Wall Street expectations. ...
Mid-caps stocks, like Ashland Global Holdings Inc (NYSE:ASH) with a market capitalization of US$4.8b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or Read More...
Bill Wulfsohn became the CEO of Ashland Global Holdings Inc (NYSE:ASH) in 2015. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. After Read More...
The New York-based investment firm, which holds 2.3 percent of Ashland’s shares, said the nominees would be in a position to help the company address challenges including growing the business, cutting costs and addressing capital allocation and merger and acquisitions needs. “Cruiser Capital wants to help ensure success by bringing world class executives to the board to support the efforts of Ashland’s transformation from a conglomerated, holding company structure to a stream-lined, pure play, specialty chemical company,” said Chief Investment Officer Keith Rosenbloom said in a letter dated Oct. 23 to Ashland’s board.
On September 21, Ashland (ASH) announced that it will increase the prices for its PureRad products. The prices will increase 6%. The price increase is expected to be effective on October 5. The price increase will likely impact North America.
On September 4, 2018, Ashland (ASH) inaugurated its new composites research and development technical center in Jinling Valley, Shanghai. The R&D center is expected to strengthen ASH’s position in the region and is expected to act as Asia-Pacific’s technical center of ASH’s composite segment. The center is approximately 1,500 square meters and will have 20 scientists and engineers.
On August 16, Ashland announced that it will increase the prices of its composite portfolio across the EMEA (Europe, Middle East, and Africa) region. The prices will increase by 100 euros effective on September 1 or as the contract allows.
Valvoline's (VVV) instant oil change service centers provide services like tire rotation, preventive maintenance services and replacement of safety parts.
In the fiscal third quarter, Air Products and Chemicals’ (APD) Industrial Gases–EMEA segment’s total revenue contribution expanded 3.5 percentage points YoY (year-over-year) from 21.3% to 24.8%. This segment reported revenues of $561.1 million, implying YoY revenue growth of 24.2%. In the fiscal third quarter of 2017, the segment reported revenues of $415.7 million.
PPG Industries’ (PPG) Industrial Coatings segment is its second reporting segment. It represented 39.5% of the company’s total revenue in Q2 2018 compared to 39.6% in Q2 2017. It reported revenue of $1.63 billion, an increase of 8.5% over Q2 2017 when it reported revenue of $1.5 billion.
These two refiners are working through big changes, but one has a stronger foundation on which to build.
On July 9, Ashland (ASH) announced a price hike for its Purelam and Purelam Fastcure line of products, effective July 23. The price increase is in the range of 2%–9%. Ashland cited the increase in raw material costs as the primary reason for the price increase.