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Eastman Chemical Co (EMN.N)

EMN.N on New York Stock Exchange

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Thu, Jul 28 2016

BRIEF-Eastman posts Q2 adj. earnings per share $1.68

* Q2 earnings per share view $1.73 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

BRIEF-Eastman Chemical posts Q2 adj. earnings $1.68/shr

* "we expect a decline in adjusted 2016 earnings per share that approaches 10 percent below adjusted 2015 earnings per share"

BRIEF-Reg-Eastman says offering of 550 mln 1.50% notes due 2023

* Intends to use net proceeds from to repay or redeem portion of $1.0 billion outstanding principal amount of its 2.4% notes due june 2017

BRIEF-Eastman to sell interest in Primester cellulose acetate joint venture to Solvay

* Eastman and solvay are currently equal partners in joint venture

BRIEF-Eastman Chemical Q1 earnings per share $1.69

* Eastman chemical co says sales revenue for q1 2016 was $2.2 billion versus $2.4 billion for q1 2015

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