ASH - Ashland Global Holdings Inc.
| Previous Close | 76.59 |
| Open | 77.06 |
| Bid | 78.28 x 1300 |
| Ask | 78.30 x 1000 |
| Day's Range | 76.53 - 78.59 |
| 52 Week Range | 64.81 - 86.63 |
| Volume | 599,819 |
| Avg. Volume | 693,536 |
| Market Cap | 4.897B |
| Beta (3Y Monthly) | 1.42 |
| PE Ratio (TTM) | 43.43 |
| EPS (TTM) | 1.80 |
| Earnings Date | Jan 26, 2017 - Jan 27, 2017 |
| Forward Dividend & Yield | 1.00 (1.31%) |
| Ex-Dividend Date | 2018-11-30 |
| 1y Target Est | 90.50 |
Yahoo Finance Video•4 days agoAshland Plans Board Changes Amid Proxy Fight
Yahoo Finance’s Adam Shapiro, Julie Hyman and Brian Sozzi join Managing Partner of Cruiser Capital Advisors Keith Rosenbloom to discuss the proxy fight between Ashland Global and Cruiser Capital.
- Zacks•2 hours ago
Ashland (ASH) Inks New Composites Distribution Agreement
Ashland's (ASH) latest move to boost growth in Sweden, Norway and Denmark.
- Zacks•4 days ago
3 Chemical Stocks to Enrich Your Portfolio Before Q4 Earnings
We have shortlisted three chemical stocks that are worth investing in before the Q4 earnings season hits full throttle.
- GlobeNewswire•4 days ago
Ashland mails letter to shareholders highlighting industry analyst and shareholder support
Ashland’s highly qualified nominees have expertise critical to its business Company illustrates commitment to board refreshment and working constructively with.
- GlobeNewswire•5 days ago
Ashland files investor presentation highlighting transformation into pure-play specialty chemicals company
Board and management are executing on strategic plan to deliver value Urges shareholders to vote “FOR” Ashland’s highly qualified director nominees on the BLUE proxy card.
- American City Business Journals•6 days ago
Ashland plans board changes amid proxy fight
Ashland Global Holdings Inc. is planning to add two independent directors to its board after shareholders vote at its annual meeting amidst a proxy battle with one of its large shareholders.
- Business Wire•6 days ago
Cruiser Capital Releases Detailed Presentation on Ashland
Highlights Ashland’s Clear, Urgent Operational and Corporate Governance Problems
- Reuters•6 days ago
Cruiser Capital vows to fight on at Ashland even after board deal
Hedge fund Cruiser Capital said it plans to press on with its proxy fight at Ashland Global Holdings even after the specialty chemicals business struck a deal to refresh its board with another large shareholder. The New York-based hedge fund is asking shareholders to replace four directors, including the company's chief executive who has a seat on the board, and is arguing that the company's deal with another shareholder hurts all investors. Over the weekend Ashland agreed with Neuberger Berman, which owns 2.8 percent of the company, to add two new directors and have one current director step down.
- GlobeNewswire•7 days ago
Ashland announces significant board refreshment and board leadership changes to support continued execution of strategic plan
Neuberger Berman assisting in process and voting for Ashland slate of nominees for 2019 Annual MeetingCompany to initiate search for two new directors in consultation with.
- The Wall Street Journal•7 days ago
[$$] Ashland to Make Board Changes as Shareholders Apply Pressure
Ashland Global Holdings Inc., locked in a proxy fight with an activist investor, struck a deal with a different, typically quiet investor to add two new directors and make other changes. Ashland Chief Executive Bill Wulfsohn and Neuberger Berman Group LLC, a 2.8% shareholder, told The Wall Street Journal on Sunday that they agreed to a plan in which the specialty-chemicals company will find and add two new directors after its annual meeting, refresh leadership of its board committees and have a longtime director step down. Hedge fund Cruiser Capital Advisors LLC, which owns 2.5% of Ashland, nominated four directors to Ashland’s board in October, seeking to oust four current directors, including one who will step down as part of the new plan.
- American City Business Journals•11 days ago
Ashland investor seeks new board members in proxy fight
A large shareholder of Ashland Global Holdings Inc. has nominated a slate of directors to rival some of the company’s board members, giving shareholders a choice to make when they vote next month.
- GlobeNewswire•13 days ago
Detailed Research: Economic Perspectives on Air Lease, AMN Healthcare Services, Trinseo S.A, Ashland Global, DENTSPLY SIRONA, and Overseas Shipholding Group — What Drives Growth in Today's Competitive Landscape
NEW YORK, Jan. 08, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- The Wall Street Journal•14 days ago
[$$] Cruiser Capital Won't Support Ashland CEO in Board Election
UPDATED 4:08 PM ET: A New York hedge fund said it isn’t supporting the reelection of Ashland Global Holdings’ chief executive as chairman of the company’s board of directors
- Reuters•14 days ago
Cruiser Capital targets Ashland directors, including chairman
Cruiser Capital Advisors said on Monday it wants to replace four directors at chemical company Ashland Global Holdings, including the board chairman. The New York-based hedge fund aims to remove Ashland Chief Executive Bill Wulfsohn from his position as board chair and is also targeting three other directors who are members of the company's governance and nominating committee. "Should Bill Wulfsohn hold both the Chairman and CEO jobs?," the hedge fund wrote in a letter on Monday.
- CorpGov.com•14 days ago
EXCLUSIVE: Cruiser Letter Names Four Ashland Directors to Replace, Including Chairman Wulfsohn
Activist Shareholder Cruiser Capital Criticizes Ashland for Poor Governance and Misleading Statements By John Jannarone Cruiser Capital Advisors issued a letter to Ashland Global Holdings shareholders Monday, urging them to replace four board directors including the current chairman and CEO, citing a lapse in corporate governance and deliberate attempts to mislead investors about the company's […]
- GlobeNewswire•14 days ago
Ashland details strong progress on value creation plan in letter to shareholders
Ashland Global Holdings Inc. (ASH) announced that it has filed definitive proxy materials, including its definitive proxy statement and blue proxy card, with the U.S. Securities and Exchange Commission in connection with Ashland’s 2019 Annual Meeting of Stockholders, scheduled for February 8, 2019 (“2019 Annual Meeting”). Ashland shareholders of record as of the close of business on December 10, 2019 will be entitled to vote at the 2019 Annual Meeting.
- Zacks•14 days ago
Ashland (ASH) Raises Prices of Composites Products in India
Ashland (ASH) decides to raise prices due to increase in costs of raw materials.
- Market Realist•17 days ago
Ashland Increases Composite Product Prices in India
On January 3, Ashland (ASH) announced that it will increase composite product prices. The price increase is limited to India. The price increase will be effective on January 3 or as the contract allows.
- Zacks•21 days ago
Ashland (ASH) Releases Update on Fiscal 2019 Financial View
Ashland (ASH) projects adjusted EPS for fiscal 2019 in the range of $3.10-$3.40, reflecting the pending divestiture of the Composites unit and the BDO manufacturing facility.
- Barrons.com•25 days ago
Dow Plunges 346 Points Because ‘Tis the Season to Return Gifts
After Wednesday’s record rise, the Dow Jones industrial Average is down 345.83, or 1.51%, to 22,532.62 in recent trading.
- MarketWatch•25 days ago
Ashland tweaks 2019 guidance to reflect asset sales
Specialty chemicals company Ashland Global Holdings Inc. said Thursday it is tweaking guidance for fiscal 2019 to reflect the sale of its composites business and BDO manufacturing facility in Marl, Germany in a deal valued at about $1.1 billion. The company said the timing of the deal close means the full benefit of restructuring and interest savings will not be realized until fiscal 2020. it now expects fiscal 2019 adjusted per-share earnings of $3.10 to $3.40, down from prior guidance of $3.10 to $3.40. For the first quarter, it expects adjusted EPS of 5 cents to 15 cents, down from prior guidance of 55 cents to 65 cents. Shares were down 1.5% premarket, but are down 18.8% in 2018, while the S&P 500 has fallen 7.7%.
- GlobeNewswire•25 days ago
Ashland reaffirms business outlook and provides fiscal 2019 financial outlook reflecting the pending divestiture of the Composites business and the butanediol manufacturing facility in Marl, Germany
Expect divestiture net proceeds of approximately $1 billion to be used for debt reduction post-transaction closing Transaction expected to close prior to the end of the June 2019 quarter COVINGTON, ...
- CorpGov.com•last month
Cruiser Capital Says Ashland’s Letter to Staff Was Designed to Cause Confusion
Cruiser Reiterates That Its Board Nominees Can Improve Company without Firing Staff Cruiser Capital Advisors says chemical manufacturer Ashland Global Holdings made a statement to its staff designed to confuse them about the goals of the activist investor. “[W]e are deeply troubled by Ashland’s description of our recommendations for the Company, which we believe is […]
- Business Wire•last month
Cruiser Capital Criticizes Ashland Global’s Recent Actions and Board Updates
Believes Investors Deserve Directors Who Will Constructively Engage with Stockholders – Like Dr. Bill Joyce and Allen Spizzo – Who Have Knowledge and Experience That May Improve As
