Celanese Corporation (CE) - NYSE
  • Mon, Jul. 25, 4:47 PM
    • Celanese (NYSE:CE): Q2 EPS of $1.59 beats by $0.03.
    • Revenue of $1.35B (-8.8% Y/Y) misses by $70M.
    • Press Release
    | Mon, Jul. 25, 4:47 PM
  • Sun, Jul. 24, 5:35 PM
    | Sun, Jul. 24, 5:35 PM | 5 Comments
  • Wed, Jul. 20, 9:05 AM
    • Celanese (NYSE:CE) declares $0.36/share quarterly dividend, in line with previous.
    • Forward yield 2.05%
    • Payable Aug. 11; for shareholders of record Aug. 1; ex-div July 28.
    | Wed, Jul. 20, 9:05 AM
  • Mon, Jun. 13, 9:14 AM
    • Celanese (NYSE:CE), announced that it will increase list and off-list selling prices for acetic acid by €30/MT in the European region. The price increase will be effective from July 1, 2016.
    • Revenues from Acetyl Intermediates (less eliminations) accounted for 40% of total revenue in Q1.
    • Source: Press Release
    | Mon, Jun. 13, 9:14 AM
  • Thu, Apr. 21, 4:27 PM
    • Celanese (NYSE:CE) declares $0.36/share quarterly dividend, 20% increase from prior dividend of $0.30.
    • Forward yield 2.04%
    • Payable May 12; for shareholders of record May 2; ex-div April 28.
    | Thu, Apr. 21, 4:27 PM
  • Tue, Apr. 19, 8:58 AM
    • Celanese (NYSE:CE) +4.5% premarket after easily beating Q1 earnings expectations on on-line revenues, and reporting free cash flow of $217M, the highest ever Q1 performance.
    • While overall Q1 revenues fell 3.2% Y/Y to $1.4B, revenue in the material solutions segment rose 4.2% to $594M and revenue for the acetyl chain fell 7.5% to $840M.
    • CE raises the lower end of its forecast for adjusted EPS to 8%-10% growth from a previous forecast of $6.32-$6.62, which represents a 5%-10% from 2015; in FY 2015, CE's adjusted EPS was $6.02.
    • CE says it remains concerned about sluggish global economic growth and deflationary raw material trends; self-help initiatives such as a ~$500M share buyback to be completed in 2016 will drive EPS growth.
    • Now read Chemicals industry ripe for more M&A action, Deutsche Bank says
    | Tue, Apr. 19, 8:58 AM
  • Mon, Apr. 18, 5:40 PM
    • Top gainers, as of 5.25 p.m.: CE +7.4%. MS +5.8%. BMI +5.0%. DISH +3.7%. NCLH +2.5%.
    • Top losers, as of 5.25p.m.: AAOI -20.9%. ILMN -19.4%. TTM -17.6%. NFLX -9.5%. MGA -13.2%.
    | Mon, Apr. 18, 5:40 PM | 5 Comments
  • Mon, Apr. 18, 5:02 PM
    • Celanese (NYSE:CE): Q1 EPS of $1.83 beats by $0.34.
    • Revenue of $1.4B (-3.4% Y/Y) beats by $10M.
    • Press Release
    | Mon, Apr. 18, 5:02 PM
  • Sun, Apr. 17, 5:35 PM
  • Wed, Mar. 23, 12:47 PM
    • The chemicals industry is on the verge of an "M&A bonanza," driven by strong balance sheets, cheap financing and activist pressures, Deutsche Bank says following a week-long series of meetings with leading U.S. and European chemical companies.
    • Deutsche Bank sees the U.S. Gulf coast region as the top global investment region looking ahead, and says North American ethane based ethylene production still maintains a 50%-60% cash cost advantage over European production even though the collapse in oil price has flattened the cost curve.
    • Among U.S. majors, the firm maintains Buy ratings on Celanese (CE -1.3%), Dow Chemical (DOW +0.6%), DuPont (DD +0.8%), Eastman Chemical (EMN +0.1%) and PPG Industries (PPG -0.3%); Evonik (OTC:EVKIF), BASF (OTCQX:BASFY) and Linde (OTCPK:LNAGF) are viewed as top potential European buyers of U.S. assets.
    | Wed, Mar. 23, 12:47 PM | 7 Comments
  • Thu, Feb. 4, 4:45 PM
    • Celanese (NYSE:CE) declares $0.30/share quarterly dividend, in line with previous.
    • Forward yield 1.97%
    • Payable Feb. 26; for shareholders of record Feb. 16; ex-div Feb. 11.
    | Thu, Feb. 4, 4:45 PM
  • Thu, Jan. 21, 5:13 PM
    • Celanese (NYSE:CE): Q4 EPS of $1.25 beats by $0.01.
    • Revenue of $1.33B (-14.7% Y/Y) misses by $30M.
    | Thu, Jan. 21, 5:13 PM
  • Wed, Jan. 20, 5:35 PM
    | Wed, Jan. 20, 5:35 PM | 2 Comments
  • Tue, Jan. 5, 11:58 AM
    • DuPont (DD +0.7%) is downgraded to Neutral from Buy at Citigroup following its ~30% rally into year-end since bottoming out in September as new CEO Ed Breen took over and expectations were high, but the firm says ag is weak and DuPont has several company-specific challenges (also).
    • Citi also downgrades Air Products & Chemicals (APD -2.2%) to Neutral from Buy, believing APD's initial restructuring and cost cuts and the materials technologies spinoff are all factored in.
    • At the same time, Citi upgrades Celanese (CE +0.4%) and Eastman Chemical (EMN -0.1%) to Buy, citing Celanese CEO Mark Rohr's clear vision presented at the company's analyst day and EMN's ill-timed propane hedges which are now factored in the stock price.
    | Tue, Jan. 5, 11:58 AM | 2 Comments
  • Dec. 2, 2015, 6:30 PM
    • Celanese (NYSE:CE) says William Brown -- chairman, president and CEO of Harris Corp. -- has been elected to its board of directors, effective Jan. 1.
    • The move brings Celanese's board to 10 members; nine of them are independent.
    • Brown recently guided Harris through its largest acquisition; "We look forward to his ability to help us identify intriguing new growth opportunities," says Celanese CEO Mark Rohr.
    • Previously, Brown served as an executive for 14 years at United Technologies. Most recently, he led $6.5B unit UTC Fire & Security.
    | Dec. 2, 2015, 6:30 PM
  • Nov. 13, 2015, 12:59 PM
    • Celanese (CE +3.6%) is higher after issuing long-term guidance of $8.00-$8.50 EPS by 2018 and saying it is on track to generate $2.5B in free cash flow during 2016-18.
    • CE says the complementary nature of its core businesses generates annual synergies of $125M-$150M, while expecting its focus on productivity initiatives to generate $50M-$100M in net productivity savings annually.
    • CE says it will continue to increase its cash dividend, which has grown 50% compounded annually since 2010, and continue to repurchase shares under its recently announced $1B share repurchase program.
    | Nov. 13, 2015, 12:59 PM
Company Description
Celanese Corp. is a technology and specialty materials company that engineers and manufactures a wide variety of products essential to everyday living. It operates through the following segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties and Acetyl... More
Industry: Chemicals - Major Diversified
Country: United States