25.70 0.00 (0.00%)
After hours: 4:18PM EDT
|Bid||0.00 x 2200|
|Ask||30.20 x 2200|
|Day's Range||24.90 - 25.91|
|52 Week Range||24.90 - 31.95|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||19.44|
|Earnings Date||Nov 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.75|
NEW YORK, Oct. 23, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
Short interest is low for UNVR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding UNVR totaled $4.62 billion.
BELLEVUE, Wash., Oct. 9, 2018 /PRNewswire/ -- Univar Inc. (UNVR) ("Univar"), a global chemical and ingredient distributor and provider of value-added services, announced today that its wholly owned subsidiary, ChemPoint.com, Inc. ("ChemPoint"), has expanded its relationship with PMC Biogenix to include distribution in Mexico, effective September, 2018. Services ChemPoint will manage include order placement, fulfillment, and technical support in Mexico for PMC's Kemamide®, Armoslip®, Hystrene®, and Industrene®, branded products along with the metallic stearate portfolio.
NEW YORK , Oct. 8, 2018 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a boutique securities firm headquartered at the Empire State Building in New York ...
DOWNERS GROVE, Ill., Oct. 8, 2018 /PRNewswire/ -- Univar Inc. (UNVR) ("Univar"), a global chemical and ingredient distributor and provider of value-added services, announced today it plans to report financial results for the third quarter of fiscal 2018 on Tuesday, November 6, 2018. Univar plans to issue its third-quarter news release at approximately 6 a.m. ET on November 6. At the same time, the company will post a slide presentation in the investor relations section of its website at http://investor.univar.com. In conjunction with the release, the company will host a webcast with investors to discuss the third-quarter results at 9:00 a.m. ET on November 6. The webcast will be accessible through the investor relations section of Univar's website. Founded in 1924, Univar (UNVR) is a global chemical and ingredient distributor and provider of value-added services, working with leading suppliers worldwide. Supported by a comprehensive team of sales and technical professionals with deep specialty and market expertise, Univar operates hundreds of distribution facilities throughout North America, Western Europe, Asia-Pacific and Latin America.
NEW YORK, Oct. 05, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
The Braskem agreement is an expansion of Univar's (UNVR) adhesives, lubricants and cosmetics portfolio geared to meet rising customer demand.
LONDON, Oct. 4, 2018 /PRNewswire/ -- Univar BV, a subsidiary of Univar Inc. (UNVR) ("Univar"), a global chemical and ingredient distributor and provider of value-added services, announced today that Braskem selected Univar to serve as its distributor of Polyisobutylenes (PIBs) in the Nordics, France, Italy and Turkey. In order to further its marketplace growth, Braskem was in need of large-scale distribution capabilities, something Univar is uniquely well qualified to provide. Braskem is one of the world's leading producers and suppliers of PIBs, as well as other polymers, including polyethylene (PE), polypropylene (PP) and polyvinyl chloride (PVC) resins. The agreement is an extension of Univar's lubricants, adhesives and cosmetics portfolio featuring a combination of products and services designed to meet increasing customer demand. Managed by Univar's industrial specialties group, the offering includes access to technical experts focused on helping customers innovate and grow by introducing new and improved product formulations.
DOWNERS GROVE, Ill., Oct. 2, 2018 /PRNewswire/ -- Univar Inc. (UNVR) ("Univar"), a global chemical and ingredient distributor and provider of value-added services, announces the release of its 2017 Sustainability Report. Now available through the Univar web site at www.univar.com, the report outlines the Company's 2021 sustainability goals while providing updates on the progress made since the previous report released last year. The report is entitled "Our Home Our Responsibility", which borrows from Univar's first sustainability report released in 2007. It is also the first report under new president and CEO David Jukes and is the first report to be released since the company became a signatory of the United Nations Global Compact (UNGC), the world's largest corporate sustainability initiative. Through this commitment, Univar further aligns its sustainability strategy with the ten UNGC principles around environmental, labor, human rights and anti-corruption issues.
DOWNERS GROVE, Ill., Oct. 1, 2018 /PRNewswire/ -- Univar Inc. (UNVR) ("Univar"), a global chemical and ingredient distributor and provider of value-added services, announced the launch of a new Canadian e-commerce platform. Known as MyUnivar.com, the platform offers a product catalog of over 10,000 industrial chemical and food ingredient products to new and existing customers for online purchase. Product offerings span massive Canadian industries such as energy, forestry, water treatment, pharmaceuticals and more. In addition to online purchases, customers can access safety documents and documentation of prior purchases.
Healthy earnings outlook and buoyant prospects from the proposed acquisition of Nexeo Solutions have contributed to the gain in Univar's (UNVR) shares.
NEW ORLEANS , Sept. 26, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed ...
NEW YORK, Sept. 21, 2018-- The following statement is being issued by Levi & Korsinsky, LLP:. Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following ...
NEW YORK , Sept. 21, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Nexeo Solutions Inc. ("NXEO" ...
Moody's Investors Service ("Moody's") placed the ratings for Univar Inc. on review for upgrade. This action follows the announcement that Univar intends to acquire Nexeo in a stock and cash transaction valued at roughly $2 billion.
NEW YORK, Sept. 20, 2018-- The following statement is being issued by Levi & Korsinsky, LLP:. To: All Persons or Entities who purchased Nexeo Solutions, Inc. stock prior to September 17, 2018. You are ...
Univar's (UNVR) latest deal is projected to deliver $100 million of annual run rate cost savings by the third year following deal closure.
said after the market closed Monday that it will acquire Nexeo Solutions Inc. At $11.56 per Nexeo share, the deal represents a 15% premium over Nexeo shares' close at $10.01 on Monday. Nexeo shares were up 15% in after-hours trade.
Chemical distributor Univar Inc will acquire smaller rival Nexeo Solutions Inc for about $1.05 billion in a cash-and-stock deal to expand its presence in North America. The deal announced on Monday consists of $3.29 in cash and 0.305 Univar shares, with an implied value of $11.65 per Nexeo share, which represents a premium of 16.4 percent to the stock's last closing price. Nexeo's shares were up 15 percent at $11.51, while Univar was up marginally at $27.75 in extended trading.
Univar Inc. said Monday that it planned to acquire Nexeo Solutions Inc. for $2 billion in cash and stock, valuing the company at $11.65 a share. Nexeo shares closed at $10.01, and were halted early in the after-hours session ahead of the announcement. Nexeo, which distributes chemicals and plastics, was previously acquired for about $1.6 billion in 2016 by a company run by Wilbur Ross, who has since become the U.S. secretary of commerce. Under the terms of the deal, "We expect the transaction to be accretive to earnings and cash flow beginning in the first full year post closing and to generate $100 million of annual run rate cost savings by the third year following close and reduce annual capital expenditures by $15 million immediately," Univar Chief Executive David Jukes said in the announcement. Univar plans to pay 0.305 shares of Univar common stock and $3.29 in cash for each Nexeo share, and assume debt. The deal has been approved by the boards of both companies, and they expect it to close in the first half of 2019. Univar shares gained about 1% in late trading after detailing the deal, while Nexeo stock jumped 15% to approach the listed acquisition price after shares began trading again at 4:35 p.m. Eastern time.
The company reported their earnings per share as 71 cents, beating analysts' estimates of 69 cents a share. FedEx FDX shares decreased more than 2.5 percent in after-hours trading when it released its first quarter earnings report. Its earnings per share were $3.46, missing analysts' estimate of $3.81.
Transaction expected to be accretive to Univar Adjusted EPS beginning in the first full year following closing. Univar has hired an external advisor to evaluate strategic alternatives for Nexeo’s industry leading Plastics business, which may include a potential divestiture of the business.
- Transaction expected to be accretive to Univar Adjusted EPS beginning in the first full year following closing. - Univar has hired an external advisor to evaluate strategic alternatives for Nexeo's industry leading Plastics business, which may include a potential divestiture of the business.