10:00 AM
Chemical firm Cabot (CBT) is down 13.5% in early trading on a downgrade. KeyBanc says it's unlikely investors will see an earnings benefit from the restructuring announced last week for quite some time.
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Friday, August 29, 2008
08:36 AM
JPMorgan likes specialty chemicals firm Cabot (CBT). "Raw material costs... reached a relative peak, and Cabot's price increases are contractually delayed by a quarter," it says, upgrading to Overweight. Short squeeze alert.
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