Key Developments: Eastman Chemical Co (EMN.N)

EMN.N on New York Stock Exchange

87.85USD
21 Nov 2014
Price Change (% chg)

$1.85 (+2.15%)
Prev Close
$86.00
Open
$87.36
Day's High
$88.93
Day's Low
$87.28
Volume
382,956
Avg. Vol
306,025
52-wk High
$90.54
52-wk Low
$70.42

Search Stocks

Latest Key Developments (Source: Significant Developments)

Eastman Chemical Co reaffirms FY 2014 EPS guidance - conference call
Wednesday, 12 Mar 2014 08:45am EDT 

Eastman Chemical Co:Believes earnings between $6.70 and $7 per share in FY 2014.FY 2014 EPS of $6.88 - Thomson Reuters I/B/E/S.  Full Article

Eastman Chemical Co approves $1 bln share repurchases and declares quarterly cash dividend
Thursday, 20 Feb 2014 05:01pm EST 

Eastman Chemical Co:Approves the repurchase of up to an additional $1 billion of Eastman common stock.Declares a quarterly cash dividend of $0.35 per share on the company's common stock.Dividend is payable April 1, to stockholders of record as of March 14.Share repurchases will be implemented through purchases made from time to time in either the open market or private transactions.  Full Article

Eastman Chemical Co issues FY 2014 EPS in line with analysts' estimates-conference call
Friday, 31 Jan 2014 01:00pm EST 

Eastman Chemical Co:Expects FY 2014 earnings per share (EPS) to be in the range of $6.70-$7.00.FY 2014 EPS of $6.94 - Thomson Reuters I/B/E/S.  Full Article

Eastman Chemical Co to acquire aviation turbine oil business from BP
Tuesday, 28 Jan 2014 11:00am EST 

Eastman Chemical Co:Says it has entered into a definitive agreement to acquire the assets of BP's global aviation turbine engine oil business, with annual revenues of about $100 mln.Says the acquisition includes a production facility in Linden, NJ, specialized laboratory equipment located in Naperville, IL, and a long-term supply agreement for products related to the acquired business that BP will use to serve industrial markets.Says acquisition is expected to be accretive to Eastman's full-year 2014 earnings excluding acquisition-related costs and charges.Says following the completion of the transaction, the aviation turbine oil business will become part of Eastman's Specialty Fluids & Intermediates segment.  Full Article

Eastman Chemical Co increases dividend 17 percent
Thursday, 5 Dec 2013 12:00am EST 

Eastman Chemical Co:Says it has increased the quarterly cash dividend by 17 percent to $0.35 per share on the company's common stock.Says the dividend is payable Jan. 2, 2014, to stockholders of record as of Dec. 16, 2013.  Full Article

Eastman Chemical Co reaffirms FY 2013 EPS guidance-Conference Call
Tuesday, 3 Dec 2013 08:50am EST 

Eastman Chemical Co:Sees FY 2013 EPS in the range of $6.30 to $6.40.FY 2013 EPS $6.36 -- Thomson Reuters I/B/E/S Estimates.  Full Article

Eastman Chemical Co Lowers FY 2013 EPS Guidance-Conference Call
Friday, 25 Oct 2013 08:00am EDT 

Eastman Chemical Co announced that in July, the Company raised its fiscal 2013 EPS expectations to a range of $6.40 to $6.50 from the previous range of $6.30 $6.40 so raised $0.10. The Company is now adjusting its guidance back down those $0.10 to $6.30 and $6.40. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $6.47 for fiscal 2013.  Full Article

Eastman Chemical Co Declares Dividend
Thursday, 1 Aug 2013 03:00pm EDT 

Eastman Chemical Co announced that it has declared a quarterly cash dividend of $0.30 per share on the Company's common stock. The dividend is payable Oct. 1, 2013, to stockholders of record as of Sept. 13, 2013.  Full Article

Eastman Chemical Co Raises FY 2013 EPS Guidance-Conference Call
Wednesday, 31 Jul 2013 08:00am EDT 

Eastman Chemical Co announced that in February 2013 , the Company raised its fiscal 2013 EPS expectation to a range of $6.30 to $6.40, a 17% to 19% growth rate over 2012. Now the Company is increasing that guidance again, to $6.40 to $6.50, as it see additional strength in both its Fibers and Specialty Fluids & Intermediate segments, partially offset by continued challenges in Adhesives & Plasticizers. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $6.35 for fiscal 2013.  Full Article

Eastman Chemical Co Reaffirms FY 2013 EPS Guidance-Conference Call
Friday, 14 Jun 2013 11:00am EDT 

Eastman Chemical Co announced that the Company feel good about the EPS guidance it has given for fiscal 2013 in the $6.30 to $6.40 range. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $6.35 for fiscal 2013.  Full Article

EU mergers and takeovers (Nov 21)

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

Search Stocks