Divestiture Agreements, New Appointments, Quarterly Financial Results, and Earnings Schedules - Research Report on Rockwood, Albemarle, HB Fuller, Cytec, and Williams Partners

Tue Oct 1, 2013 8:00am EDT

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Divestiture Agreements, New Appointments, Quarterly Financial Results, and Earnings Schedules - Research Report on Rockwood, Albemarle, HB Fuller, Cytec, and Williams Partners

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NEW YORK, October 1, 2013 /PRNewswire/ --


Today, Analysts' Corner announced new research reports highlighting Rockwood Holdings, Inc. (NYSE: ROC), Albemarle Corp. (NYSE: ALB), HB Fuller Co. (NYSE: FUL), Cytec Industries Inc. (NYSE: CYT), and Williams Partners L.P. (NYSE: WPZ). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Rockwood Holdings, Inc. Research Report

On September 17, 2013, Rockwood Holdings, Inc. (Rockwood) announced that it has entered into a definitive agreement to sell its Titanium Dioxide Pigments and four other non-strategic businesses to Huntsman Corporation (Huntsman), for an enterprise value of c.$1.3 billion, along with the assumption of $225 million in pension obligations, and subject to other customary adjustments. The Company expects the deal to close during H1 2014, after receipt of regulatory approvals. Commenting on the divestiture agreement, Seifi Ghasemi, Chairman and CEO of the Company said, "With the sale of these businesses, we have successfully completed, ahead of schedule, all of our key objectives for 2013. In January of 2013, we announced a plan consisting of four strategic initiatives to further maximize shareholder value. We have delivered on all of them as follows: Repurchase $400 million of common shares, target dividend yield of 2.8% to 3.2%, repay debt of up to $600 million, launch strategic process for non-core businesses." The Full Research Report on Rockwood Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/23c3_ROC]

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Albemarle Corp. Research Report

On September 23, 2013, Albemarle Corp. (Albemarle) announced that D. Michael Wilson has been appointed to the Company as Senior Vice President of Albemarle and President of Catalyst Solutions, effective October 1, 2013. Albemarle informed that Mr. Wilson will lead all facets of the Company's Catalyst Solutions global business unit, with responsibilities for its financial performance and long-term strategy. Commenting on the appointment, Luke Kissam, Albemarle's CEO said, "I am extremely pleased to add an executive with Michael's breadth and depth to Albemarle's leadership team. Michael's market-focused and customer-centric approach for expanding the catalyst business is perfectly aligned with our strategy. He shares Albemarle's values, particularly related to customer and partner relationships, and this will enable us to be successful as we work to aggressively grow the catalyst business." The Full Research Report on Albemarle Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/ae58_ALB]

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HB Fuller Co. Research Report

On September 25, 2013, HB Fuller Co. (HB Fuller) reported its financial results for Q3 FY 2013 (period ended August 31, 2013). The Company's net revenue for the quarter came in at $514.6 million, up 2.8% YoY. Adjusted diluted EPS from continuing operations of $0.74 increased 39.6% YoY. Net income from continuing operations for Q3 FY 2013 was $27.2 million, or $0.53 per diluted share, versus net income from continuing operations of $24.6 million, or $0.48 per diluted share, in Q3 FY 2012. Reflecting on the quarter's performance, Jim Owens, HB Fuller President and CEO, said, "Our third quarter results showed strong progress toward our 2015 strategic goals. We got our revenue growth moving in the right direction and managed our margins and discretionary spending to deliver our commitments for operating profit growth. We have momentum for a strong fourth quarter and to complete another successful, transformational year as part of our current five year plan." The Full Research Report on HB Fuller Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/6b73_FUL]

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Cytec Industries Inc. Research Report

On September 23, 2013, Cytec Industries Inc. (Cytec) announced that it will release its Q3 2013 earnings on October 17, 2013, after the market closes, which will be available on the Company's website. Cytec will also hold a teleconference on the following day, October 18, 2013 at 11:00 a.m. ET. The Company informed that the call can be heard in listen-only mode via Internet broadcast from Cytec's website, under Investor Information, Calendar of Events. In addition, the replay of the call will be available for 3 weeks at the Company's website, starting at 2:00 p.m. ET on October 18, 2013. The Full Research Report on Cytec Industries Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/cf91_CYT]

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Williams Partners L.P. Research Report

On September 10, 2013, Williams and its subsidiary Williams Partners L.P. (Williams Partners) reported that it will release their Q3 2013 financial results after market closes on October 30, 2013. Further, Willams and Williams Partners will also hold a joint Q&A live webcast on the following day, October 31, 2013 at 9:30 a.m. EDT. A link to the webcast, along with replay of the webcast in both streaming and downloadable podcast formats, will be available for two weeks following the event at the Company websites. The Full Research Report on Williams Partners L.P. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/8684_WPZ]

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