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Celanese Corp (CE)

CE on New York Consolidated

103.76USD
21 Sep 2017
Change (% chg)

$-0.18 (-0.17%)
Prev Close
$103.94
Open
$103.63
Day's High
$103.99
Day's Low
$103.24
Volume
188,403
Avg. Vol
888,754
52-wk High
$104.75
52-wk Low
$61.67

Latest Key Developments (Source: Significant Developments)

Celanese declares force majeure for vinyl acetate monomer due to Hurricane Harvey
Tuesday, 29 Aug 2017 04:15pm EDT 

Aug 29 (Reuters) - Celanese Corp ::Celanese notice of vinyl acetate monomer force majeure due to impacts of hurricane harvey.Celanese Corp - Celanese is temporarily unable to supply vinyl acetate monomer (vam) needs of its customers in americas​.Celanese Corp - Celanese cannot provide any specific details or timing of full impact of hurricance harvey to all customers​.  Full Article

Celanese confirms EC opened investigation involving co's subsidiaries
Wednesday, 26 Jul 2017 10:31am EDT 

July 26 (Reuters) - Celanese Corp ::Confirms that company learned in May 2017 that European Commission had opened competition law investigation involving certain units of company.European Commission opened investigation involving certain units of company with respect to certain raw material purchases‍​.  Full Article

Celanese says Q2 GAAP earnings per share $1.72
Monday, 24 Jul 2017 04:15pm EDT 

July 24 (Reuters) - Celanese Corp :Celanese Corporation reports second quarter earnings; increases 2017 outlook.Q2 sales rose 18 percent to $709 million.Q2 GAAP earnings per share $1.72.Q2 revenue view $1.44 billion -- Thomson Reuters I/B/E/S.Q2 earnings per share view $1.76 -- Thomson Reuters I/B/E/S.Celanese Corp - increasing expectations for growth in adjusted earnings per share to 9-11 percent for 2017.Celanese Corp - Q2 net sales $1,510 mln versus $1,351 million last year.FY2017 earnings per share view $7.30 -- Thomson Reuters I/B/E/S.Celanese Corp - ‍targets at least $500 million in share repurchases in 2017​.  Full Article

Celanese declares quarterly dividend of $0.46/shr
Monday, 17 Jul 2017 08:12pm EDT 

July 17 (Reuters) - Celanese Corp :Declared a quarterly dividend of $0.46 per share on its series a common stock, payable on August 7, 2017.  Full Article

Celanese Corp announces $1.5 bln share repurchase authorization
Monday, 17 Jul 2017 08:08pm EDT 

July 17 (Reuters) - Celanese Corp :Celanese Corporation announces new $1.5 billion share repurchase authorization.New share repurchase authorization represents approximately 11 percent of company's shares outstanding.Timing of buybacks will be partially based on closing of recently announced proposed tow joint venture with Blackstone.Has deployed $300 million in the first half of 2017 and is on pace to meet $500 million share buyback commitment for 2017.  Full Article

Celanese announces construction update to polyacetal facility of IBN Sina Joint Venture
Thursday, 8 Jun 2017 08:30am EDT 

June 8 (Reuters) - Celanese Corp :Celanese announces construction update to polyacetal facility of IBN Sina Joint Venture.Celanese Corp - ‍has confirmed that facility is in testing phase in preparation for commercial production expected in q3 of 2017​.Celanese Corp says construction of polyacetal facility is part of an extension of ibn sina joint venture, which will run through year 2032.Celanese - ‍upon successful startup of polyacetal facility, economic interest in ibn sina will increase from 25 percent to a total of 32.5 percent​.Celanese Corp -subsidiaries of celanese and duke energy each currently hold a 25 percent interest in venture, with remaining 50 percent held by sabic..  Full Article

Celanese Corp increases dividend 28 pct and declares quarterly dividend
Thursday, 20 Apr 2017 09:32am EDT 

April 20 (Reuters) - Celanese Corp :Celanese Corporation increases dividend 28 percent and declares quarterly dividend.Celanese Corp- Announces plan to increase dividends over next three years.Celanese Corp - Dividend rate increased from $0.36 to $0.46 per share of common stock on a quarterly basis.Celanese Corp - Announcing a plan to increase cash dividends by at least an additional 50% cumulatively over a three year period.  Full Article

Celanese Corp Q1 adjusted earnings per share $1.81
Monday, 17 Apr 2017 04:25pm EDT 

April 17 (Reuters) - Celanese Corp ::Celanese corporation reports first quarter earnings; reaffirms 2017 outlook.Q1 adjusted earnings per share $1.81.Q1 gaap earnings per share $1.30.Q1 earnings per share view $1.71 -- Thomson Reuters I/B/E/S.Celanese Corp qtrly net sales $1,471 million versus $1,404 million.Celanese Corp - company is on pace to meet its $500 million share buyback commitment for 2017."we anticipate challenges in 2017".To "deliver growth in adjusted earnings per share of 8-11 percent" for 2017.Fy2017 earnings per share view $7.25, revenue view $5.69 billion -- Thomson Reuters I/B/E/S.  Full Article

Celanese filed patent infringement lawsuit in Europe against 3 Chinese manufacturers
Thursday, 30 Mar 2017 08:30am EDT 

Celanese Corp : Celanese - filed patent infringement lawsuit in Europe against 3 Chinese manufacturers of high-potency sweeteners, specifically acesulfame potassium .Celanese - complaints allege that Suzhou Hope Technology, Anhui Jinhe Industrial, Vitasweet are infringing newly granted European patent no. 2 861 569.  Full Article

Celanese CEO Mark Rohr's FY 2016 total compensation $9.26 mln
Friday, 10 Mar 2017 09:06am EST 

Celanese Corp :CEO Mark Rohr's FY 2016 total compensation was $9.26 million versus $9.33 million in FY 2015 - SEC filing.  Full Article

EU mergers and takeovers (Sept 21)

BRUSSELS, Sept 21 The following are mergers under review by the European Commission and a brief guide to the EU merger process: