|Bid||199.07 x 800|
|Ask||199.11 x 900|
|Day's Range||198.47 - 199.67|
|52 Week Range||155.07 - 209.87|
|Beta (5Y Monthly)||0.80|
|PE Ratio (TTM)||38.17|
|Earnings Date||Feb 17, 2020|
|Forward Dividend & Yield||1.88 (0.95%)|
|Ex-Dividend Date||Dec 15, 2019|
|1y Target Est||200.93|
Ecolab Inc., the global leader in water, food safety and public health technologies and services, today announced that Emilio Tenuta has been promoted to senior vice president of Sustainability.
Ecolab Inc., the global leader in water, food safety and public health technologies and services, today announced that Gail Peterson has been promoted to senior vice president of Global Marketing and Communications.
Ecolab Inc., the global leader in water, food safety and public health technologies and services, today announced that Elizabeth Simermeyer has been promoted to executive vice president and president, Global Healthcare and Life Sciences group.
Ecolab Inc., the global leader in water, food safety and public health technologies and services, has been named to Bloomberg’s 2020 Gender-Equality Index (GEI). The GEI tracks the financial performance of public companies committed to supporting gender equality through policy development, representation and transparency. Ecolab is one of 325 companies across 50 industries to be included in the 2020 index.
Ecolab Inc. ("Ecolab") and Ecolab U.S. 2 Inc. ("Ecolab Offeror") announce that, further to the completion of Ecolab Offeror's recommended cash offer for Bioquell PLC, which was implemented by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006, and which became effective on 16 January 2019, Ecolab and Ecolab Offeror have duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code that Ecolab and Ecolab Offeror have complied with their post-offer statements of intention made pursuant to Rules 2.7(c)(iv) and 24.2 of the Code, as originally detailed in the announcement of 30 November 2018 and the scheme document published on 18 December 2018.
In a week in which BlackRock swore off coal stocks, attention is growing on companies that meet so-called environmental, social and governance criteria.
Ecolab will host a live webcast of its fourth quarter earnings conference call to discuss 2019 fourth quarter results and future earnings guidance. A news release containing fourth quarter results and future earnings guidance is expected to be issued before market open on Feb. 18, 2020.
Terms of the deal were not disclosed; CID Lines had sales of $113 million in 2019, and has over 250 employees.
Ecolab Inc. the global leader in water, food safety and hygiene technologies and services, has reached an agreement to acquire CID Lines, a leading global provider of livestock biosecurity and hygiene solutions.
It has been a fantastic year for equity investors as Donald Trump pressured Federal Reserve to reduce interest rates and finalized the first leg of a trade deal with China. If you were a passive index fund investor, you had seen gains of 31% in your equity portfolio in 2019. However, if you were an […]
Moody's Investors Service, ("Moody's") placed all ratings of Apergy Corporation (Apergy) on review for upgrade, including its Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating (PDR), Ba1 senior secured credit facility rating, and B1 senior unsecured notes rating.
The Woodlands-based spinoff of the upstream business of Illinois-based manufacturer Dover Corp. will merge with the upstream energy business of a Sugar Land-based division that Minnesota-based Ecolab Inc. (NYSE: ECL) created in 2013.
Ecolab Inc. said Thursday it will merge a $2.4 billion business that sells chemicals to the oil industry with Texas-based Apergy Corp.
Oil and gas drilling services company Apergy Corp. announced Thursday a deal in which it will combine with Ecolab Inc.'s upstream energy business, in a deal that values that upstream business at about $4.4 billion. Under terms of the deal, Apergy will issue 127 million shares to Ecolab shareholders, which based on Wednesday's stock closing price of $30.67 would be valued at $3.90 billion. Apergy will also assume debt of about $492 million. Ecolab shareholders will own about 62% of the combined company and Apergy shareholders will own 38%. Expected synergies from the deal are an annualized $75 million within 24 months of closing. Shares of both Apergy and Ecolab were still inactive in premarket trading. Apergy's stock has gained 13% year to date and Ecolab shares have climbed 26%, while the S&P 500 has advanced 27%.
Global leader for life of field production optimization solutions, including artificial lift equipment, chemical solutions, and digital technologies, offering customers.
Apergy Corporation ("Apergy") (NYSE: APY) and Ecolab Inc. ("Ecolab") (NYSE: ECL) today announced that their Boards of Directors have approved a definitive agreement pursuant to which Ecolab will separate the Upstream Energy business of Nalco Champion (which is being renamed ChampionX) and simultaneously combine it with Apergy in a tax-free transaction, creating a scaled, global leader in production-optimization solutions (the "Combined Company").
Moody's Investors Service ("Moody's") affirmed the ratings on Ecolab Inc.'s senior unsecured notes at Baa1 but changed the outlook on the ratings to positive from stable. The change in outlook reflects Ecolab's strong track record of growing and improving the portfolio through M&A activity and organic growth, while maintaining a strong balance sheet with only occasional deviations from the company's net leverage targets. The positive outlook also reflects good scale, strong and consistent free cash flow and relatively strong and stable EBITDA margins, which should expand modestly after the pending separation of the upstream energy business.
"The problems that you're trying to fix change over time," observed Ryan Hanson, vice president of North American logistics for Ecolab, a St. Paul, Minnesota-headquartered conglomerate with annual sales of $15 billion and operations in 170 countries. A former logistics director for Amazon.com, Inc. (NASDAQ: AMZN) and Target Corporation (NYSE: TGT), Hanson now oversees the warehousing and movement of Ecolab chemicals and equipment across North America. The company started its journey seeking to improve freight payment processes and is now on a path to leverage data analytics to solve broader logistics challenges.
"Climate change demands urgent action, and it's absolutely critical that we accelerate our efforts to mitigate its impact," Ecolab CEO Doug Baker Jr. said in a statement.
Ecolab Inc., the global leader in water, hygiene and energy technologies and services, today announced that it will align its operations and supply chain to the U.N. Global Compact’s Business Ambition for 1.5⁰C, and will work to reduce its carbon emissions by half by 2030 and to net-zero by 2050. The company is committed to doing its part in limiting the rise of global temperatures to 1.5 degrees Celsius (2.7 F) or less above pre-industrial levels, the limit deemed necessary by the U.N. to avoid the worst consequences of climate change.
The Board of Directors of Ecolab Inc. declared a 2% increase in the company’s quarterly cash dividend to $0.47 per common share, to be paid January 15, 2020, to shareholders of record at the close of business on December 17, 2019. This increase results in a new indicated annual cash dividend of $1.88 per share in 2020 and represents Ecolab’s 28th consecutive annual dividend rate increase.