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Stocks in the diversified chemical industry are untimely in early 1999 even though there has been some upward movement in stock prices since Nov 1998. Markets for chemical products remain weak in Eastern Europe, Latin America, Japan and the rest of Asia remain weak, although they remain strong in the US, but the responses of various companies within the industry, such as acquisitions and restructuring, will have costs, as well. Most of these stocks are expected to underperform the market in 1999, but several have above-average potential over the next three to five years.

The demand for construction-related and manufacturing chemicals is expected to lessen in 1999 along with the slower growth in US economic activity, and international demand and currecny questions are concerns, as well. Mergers, acquisitions, and divestitures, along with stock buybacks, have become popular methods to boost share net in the face of slower earnings momentum. These stocks are not timely in late 1998 and are not expected to perform with the market in 1999.

Great Lakes Chemical to post first underlying quarterly loss in its history. Joseph Chang reports. THE END OF warnings season and the beginning of the third quarter earnings period has [...]

Cytec Industries' third-quarter net income before special charges slipped 24%, to $21.3 million, compared to year-ago levels, on sales down 9%, to $342.1 million. Cytec has reduced its full-year 2001 [...]

LIKE MOST companies this past quarter, Cytec Industries Inc. was hit by the current economic downturn. However, a weaker US dollar and gains from its advanced composities business are among [...]

SPECIALTY CHEMICAL companies are posting dismal second quarter results, as expected, with profit declines in excess of 20 percent being the order of the day. Looking ahead, Cytec Industries Inc. [...]

Cytec Industries posted second-quarter net earnings down 3%, to $25.9 million, in line with analysts' estimates. Sales declined 9%, to $354 million. The results exclude $7.7 million in charges incurred [...]

SPECIALTY CHEMICAL EARNINGS dropped significantly in the first quarter, plagued by high raw material costs and weak demand. Rohm and Haas, Cytec, Albemarle, Crompton, and Engelhard all experienced double-digit earning [...]

EARLY FIRST-QUARTER SPECIALTY CHEMICAL earnings reports have been mixed. International Specialty Products (ISP) and Ecolab both reported higher results; Cytec Industries' earnings were down, and RPM reported a loss. Adhesives [...]

AIR PRODUCTS AND CHEMICALS AND Praxair were among the few specialties and industrial gases firms to report increased earnings for the latest quarter. Avery Dennison and Cytec Industries had flat [...]

As THE FOURTH quarter earnings parade marches on for the specialty chemical sector, companies are expressing caution on the 2001 outlook as key end markets slow down and high raw [...]

Potential delay of F-22 fighter plane a minor concern. WHILE THE overall specialty chemical sector staggered through 2000 with nominal earnings growth and sliding stock prices, two of the top [...]

CHEMICAL COMPANIES SAY THAT unusually high oil and natural gas prices are killing their bottom lines. The companies told institutional investors, bankers, analysts, and consultants at the CW-Salomon Smith Barney [...]

Albemarle, Cytec, NL Industries report strong results. FOLLOWING A barrage of earnings warnings from the chemical industry and a resulting collapse in stock prices, Wall Street is bracing for rocky [...]

SPECIALTY CHEMICAL companies Rohm and Haas, Cytec and Albemarle posted earnings gains in the first quarter of 2000 because of strong volume growth. Albemarle's profits blew past Wall Street earnings [...]

Cytec posted a 13.8% rise in net earnings for the 2000 first-quarter. The company posted $32.1 million in net earnings for the period.

CITING STRONG demand from the paper, mining and water treatment markets and a need to ensure product quality and enhance global cost positioning, the board of directors of Cytec Industries [...]

CYTEC INDUSTRIES INC. has agreed to sell its 30 percent stake in the Fortier, La., methanol plant it jointly owns with Methanex Corporation, dissolving their partnership. Cytec says it wants [...]

CYTEC INDUSTRIES Inc.'s shares shot up $6.63 (31 percent) to $28 on Thursday, October 7 on an article by Dan Dorfman on the online publication Jagnotes.com indicating that Ciba Specialty [...]

CS FIRST BOSTON analyst David Begleiter started coverage of Cytec Industries with a 'strong buy' rating and a price target of $35 versus its current price of [...]

Share prices fall following first batch of results. SPECIALTY CHEMICAL earnings continued to show year-over-year declines during the second quarter, as widespread pricing weakness offset volume gains and a recovery [...]

West Paterson, N.J. - Cytec Industries Inc. announced that it expects third and fourth quarter 1998 and full year 1999 diluted earnings per share to fall about 15 to 20 [...]

CYTEC INDUSTRIES Inc. got hit with a double whammy after missing earnings expectations for the first time in over a year and revealing that asbestos claims from plaintiffs have more [...]

CYTEC INDUSTRIES (WEST PATERSON, NJ) SAYS IT IS CONFIDENT THAT it can maintain earnings per share (EPS) this year, despite the tough economic environment. The company expects EPS to be [...]

SPECIALTY CHEMICAL earnings are showing steep declines in the fourth quarter as the US recession and weakness in key end markets such as commercial aerospace and electronics take their toll. [...]

The goals and concerns of the new generation of chemical industry CFOs indicate an alignment of purpose with operating managers: to consistently earn returns on assets in excess of the [...]

Cytec Industries Inc. handily beat Wall Street expectations, posting second quarter earnings per share of 64 cents versus Street estimates of 54 cents. Profits of $25.4 million represented a 19 [...]

Several early-reporting chemical companies posted year-over-year profit improvements, including Air Products and Chemicals, Albemarle, Cytec Industries, and PPG Industries. Results were generally in line with expectations, which have been lowered [...]

THE FIRST BATCH of fourth quarter specialty chemicals earnings are coming in mixed, with Cytec Industries Inc. providing higher guidance for the first quarter and Albemarle Corp. falling short of [...]

Cytec Industries has taken a $1.7-million charge to write down its one-third stake in online exchange PolymerAdditives.com to zero. Albemarle and GE Specialty Chemicals also have one-third stakes in the [...]

Cytec Industries filed an amended annual report for 2001 with the SEC last week to correct an error in pro forma earnings. The company says actual reported results remain unchanged. [...]

Cytec Industries reported a decline in first-quarter earnings, and says it is cutting 144 jobs, about 1% of the total, which will result in a $10.1-million charge. The company did [...]

CYTEC INDUSTRIES Inc. posted first quarter underlying earnings per share of 42 cents, blowing away Wall Street estimates of 26 cents. Results excluded a restructuring charge of $10.1 million, or [...]

MORE CHEMICAL FIRMS HAVE WARNED that they will not meet analysts' earnings estimates for the fourth quarter, reflecting the downturn in the economy and analysts' expectations that earnings reports will [...]

Companies are bullish about a recovery in Asia-Pacific. US SPECIALTY CHEMICAL manufacturers are facing weak first quarter results in line with expectations of continuing pricing difficulties. However, the key theme [...]

Cytec says reduced build rates already reflected in numbers. BOEING'S ANNOUNCEMENT that it will reduce production rates for certain commercial aircraft on the impact of the Asian economic crisis has [...]

THIRD QUARTER EARNINGS by specialty chemical manufacturers are in keeping with already reduced Wall Street expectations of slack volume growth and flat-to-down pricing. The impact of the global economic slowdown [...]