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KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN - News):
http://finance.yahoo.com/news/Eastman-CEO-to-Address-Global-bw-17068550.html?x=0&.v=1
NEW YORK, November 24 (newratings.com) - Analysts at Deutsche Bank Securities upgrade Eastman Chemical Co (ticker: EMN) from "hold" to "buy." The target price has been raised from $62 to $70. [more]
http://www.newratings.com/en/main/company_headline.m?id=1994418
SAN FRANCISCO (MarketWatch) -- Eastman Chemical Co. reported late Thursday third-quarter net income rose to $101 million, or $1.38 a share, from $100 million, or $1.33 a share, a year ago. Loss of a one-time investment tax credit trimmed 16 cents a share from the bottom line. Revenue for the three
Eastman Chemical Co. said Thursday its third-quarter net income inched higher as lower raw material costs helped offset a 26 percent drop in revenue. The company, which makes chemicals, plastics and fibers used in everything from paints to furniture, also... <a
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Nov 24, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Eastman Chemical (NYSE:EMN) upgraded to Buy from Hold, $70 target, at Deutsche Bank. The stock closed yesterday at $59.34 on volume of 820,045 shares, below average daily volume of 1,063,379.
Eastman Chemical is currently above its 50-day moving average of $55.42 and above its 200-day moving average of $42.11.
SmarTrend is bullish on shares of EMN and our subscribers received an Uptrend alert on July 17, 2009 at $40.13, which has returned 47.9% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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Tags: market nyse securities
Companies: Eastman Chemical Company (EMN)
Nov 24, 2009 (Fresh Brewed Media via COMTEX) --
Eastman Chemical (NYSE: EMN) hit a new 52-Week high of $60.87 so far today. Currently the stock is up $0.61 (1.03%) to $59.95 on 574,779 shares traded. Today's high is up $42.19 from a 52-Week Low of $17.76 set back in March. Eastman Chemical stock has been showing support around $58.37 and resistance in the $60.51 range. Technical indicators for the stock are bullish and S&P gives EMN a positive 4 STARS (out of 5) buy ranking. Deutsche Bank upgraded the stock today to a Buy and set a $70 price target on the stock, and pushed its shares to a new 52 week high today. If you are looking for a hedged play on EMN the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 50 range.
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Companies: Deutsche Bank AG (DB), Eastman Chemical Company (EMN)
Nov 21, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend, our proprietary pattern recognition system, called an Uptrend for Eastman Chemical (NYSE:EMN) on July 17, 2009 at $40.13.
Since then, Eastman Chemical has returned 46.5% as of Friday's recent price of $58.79. Want to profit from these alerts?
Go to www.mysmartrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: market nyse profit securities trial
Companies: Eastman Chemical Company (EMN)
KINGSPORT, Tenn., Nov 17, 2009 (BUSINESS WIRE) --
At Eastman Chemical Company's (NYSE: EMN) 2009 Investor Day, President and CEO Jim Rogers will update the company's earnings expectations and outline the company's strategy for growth.
During the presentation, Mr. Rogers will say that Eastman expects 2009 earnings per share of approximately $3.50 excluding the asset impairments and restructuring charges for the first nine months detailed in the company's third quarter sales and earnings disclosures.
In addition, Mr. Rogers and Eastman's senior executives are expected to outline the company's strategy for building on its solid core businesses and strong financial position to deliver 20 percent annual earnings per share growth from 2009 through the recovery.
Eastman will host its 2009 Investor Day on Nov. 17 at 9:00 a.m. ET. To listen to a live webcast of the presentation and view the accompanying slides, go to www.investors.eastman.com, Presentations. A web replay and the accompanying slides will be available at www.investors.eastman.com, Presentations.
Forward-Looking Statements: This news release includes forward-looking statements concerning current expectations for future economic and business conditions, company business and earnings growth strategies and financial position, and earnings per share for 2009 and earnings per share growth after 2009. Such expectations are based upon certain preliminary information, internal estimates, and management assumptions, expectations, and plans, and are subject to a number of risks and uncertainties inherent in projecting future conditions, events, and results. Actual results could differ materially from expectations expressed in the forward-looking statements if one or more of the underlying assumptions or expectations prove to be inaccurate or are unrealized. Important factors that could cause actual results to differ materially from such expectations are and will be detailed in the company's filings with the Securities and Exchange Commission, including the Form 10-Q filed for third quarter 2009 available on the Eastman web site at www.eastman.com in the Investors, SEC filings section.
About Eastman Chemical Company
Eastman's chemicals, fibers and plastics are used as key ingredients in products that people use every day. Approximately 10,000 Eastman employees around the world blend technical expertise and innovation to deliver practical solutions. The company is committed to finding sustainable business opportunities within the diverse markets it serves. A global company headquartered in Kingsport, Tennessee, USA, Eastman had 2008 sales of $6.7 billion. For more information, visit www.eastman.com.
SOURCE: Eastman Chemical Company
Eastman Chemical Company Media Relations: Tracy Broadwater, 423-224-0498 tkbroadwater@eastman.com or Investor Relations: Greg Riddle, 212-835-1620 griddle@eastman.com
Tags: business ceo chemicals earnings nyse plastics president products restructuring sales sec tennessee web
Companies: Eastman Chemical Company (EMN)
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Dan Fitzpatrick examines three stocks viewed on Fast Money. Today's stocks include SPDR S&P Semiconductor, Wal-Mart and Eastman Chemical.
Ontario - Alfresh Beverages Canada Corp. v. Hoechst AG, Eastman Chemical Company Inc., Daicel Chemical Industries Ltd., Ueno Fine Chemicals Industry Ltd., Chisso Corp., Nippon Gohsei and Cheminova Agro A/S.
http://www.cba.org/ClassActions/class%5F2000/ontario/main/2000-03-28_sorbates.aspx
EXCLUSIVE NEWS FROM OUR EUROPEAN PARTNER: Eastman Chemical Co. is to separate its speciality chemicals and plastics operations from its PET packaging segment to create two public companies. Click logo for full article. http://www.packworld.com/webonly-12801
Eastman Expanding Eastman Tritan™ Copolyester Capacity (March 13, 2008) Eastman Chemical Company announced today it is investing in commercial scale operations that will expand production capacity for Eastman Tritan copolyester products at its facility in Kingsport, Tenn.
Total : 6,270,000 View more »
Eastman manufactures and markets chemicals, fibers and plastics worldwide. We provide key differentiated coatings, adhesives and specialty plastics products; are a major supplier ...
Copyright 2009 Eastman Chemical Company. All rights reserved.
http://www.innovationlab.eastman.com/innovationlab/index.htm?smsession=no
Get the latest on Eastman Chemical Company including up to date news, high quality discussion groups and more on Google Finance.
Eastman Chemical Company. The Group's principal activities are manufacturing and marketing portfolio of chemicals, plastics and fibers. It produces polyethylene terephthalate ...
http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=277432100
On December 6, Eastman Chemical launched its latest entry in high-performance hairstyling products. Salon Caru, in Hoboken, New Jersey, hosted the launch, which brought together models and fashion and styling tips.