Platform Specialty Products Corp (PAH) - NYSE
  • Dec. 11, 2015, 5:35 PM
    | Dec. 11, 2015, 5:35 PM
  • Nov. 23, 2015, 12:58 PM
    • Platform Specialty Products (PAH +6.2%) is higher after reporting that its Chairman, COO and CFO all recently bought a combined 1M-plus shares in the company, including a 500K share purchase by Chairman Martin Franklin.
    • PAH has dropped 8.5% in the week following its worse than expected Q3 earnings results, but had moved back to earlier levels in recent days.
    | Nov. 23, 2015, 12:58 PM | 1 Comment
  • Oct. 23, 2015, 10:11 AM
    • Platform Specialty Products (PAH -14.8%) says CEO Daniel Leever plans to retire once a suitable successor has been found.
    • Leever has been CEO since 2013 after serving as CEO of MacDermid during 1990-2013.
    • Shares resume trading after a circuit breaker halt.
    | Oct. 23, 2015, 10:11 AM
  • Oct. 7, 2015, 12:45 PM
    | Oct. 7, 2015, 12:45 PM | 7 Comments
  • Oct. 7, 2015, 8:17 AM
    • Platform Specialty Products (NYSE:PAH) -2.9% premarket after cutting its 2015 earnings guidance because of currency headwinds and weakness in the agricultural segment.
    • PAH now sees FY 2015 adjusted EBITDA of $550M-$570M vs. its earlier outlook for $620M-$650M.
    • PAH attributes the change to a $25M impact linked to foreign exchange volatility, a $10M hit from a weaker agricultural specialty chemical market, and a $40M loss from a shift in its distribution strategy in its ag business.
    • Also, PAH names Benjamin Gliklich as its new COO after serving as VP of corporate development, finance and investor relations.
    | Oct. 7, 2015, 8:17 AM | 14 Comments
  • Aug. 27, 2015, 3:46 PM
    • Platform Specialty Products (PAH +11.2%) surges following news that Chairman Martin Franklin and the Nicolas Berggruen Charitable Foundation recently purchased more than 448K shares of the company's common stock.
    • Franklin submitted an SEC Form 4 announcing the purchase of an aggregate of 224.1K shares, and on Aug. 25 and 26 the Foundation also bought a total of 224.1K shares.
    | Aug. 27, 2015, 3:46 PM | 69 Comments
  • Jul. 13, 2015, 3:58 AM
    • Chemicals maker Platform Specialty Products (NYSE:PAH) has agreed to acquire British peer Alent (OTC:ALNXF) for £1.35B ($2.09B) in cash, with the for 503-pence-per-share offer representing a 49% premium to the latter's close on Friday.
    • Including debt, the deal is worth $2.3B.
    • The transaction "marks a further step in the Platform strategy of building a portfolio of best-in-class 'Asset-Lite, High-Touch' businesses in the specialty chemicals industry," says Platform Founder and chairman Martin Franklin.
    • Alent's shares are +44% in London. (PR)
    | Jul. 13, 2015, 3:58 AM
  • Oct. 15, 2014, 2:17 PM
    • The ten companies in the Russell 1000 in which hedge funds hold the biggest stakes are down an average of 16% since that index hit an all-time high on September 18, according to Bloomberg. This stands against a slide in the index of just 7%.
    • “The reactive selling is institutional,” says a portfolio manager. “Now redemptions are coming in, and that’s putting more pressure on the market. All these things are in the mix for perhaps exacerbating the move.”
    • The list: Burger King Worldwide (BKW -4.5%), CVR Energy (CVI -2.4%), Spectrum Brands Holdings (SPB -3.3%), Ally Financial (ALLY -2.6%), Zynga (ZNGA -1.3%), NorthStar Realty (NRF -1.9%), Seventy Seven Energy (SSE -6.6%), Platform Specialty Products (PAH -1.4%), and SunEdison (SUNE -0.6%).
    | Oct. 15, 2014, 2:17 PM | 6 Comments
Company Description
Platform Specialty Products Corp. provides technology specialty chemical products and technical services. The company operates its business through the following segments: Performance Solutions and Agricultural Solutions. The Performance Solutions segment formulates and markets chemistry... More
Industry: Specialty Chemicals
Country: United States