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Solutia Inc. (SOA)

- NYSE
SOA is defunct.
  • Jun. 7, 2012, 10:23 AM
    Six small caps hedge funds love, according to Meena Krishnamsetty: American Eagle (AEO), Abercrombie & Fitch (ANF), Walter Energy (WLT), Solutia (SOA), United Rentals (URI), Visteon (VC).
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  • May. 30, 2012, 9:17 AM
    Eastman Chemical (EMN) has sold $2.4B in debt to help fund its pending $4.7B acquisition of Solutia (SOA). “The acquisition improves the business, as they are buying a stable, high-margin company,” an S&P analyst says, and "getting [funding] buttoned down is a favorable thing for them."
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  • May. 25, 2012, 10:10 AM
    Eastman Chemical (EMN +1.9%) wins approval from the EU to buy Solutia (SOA +0.5%) for $3.4B. EMN has said it expects the merger to be immediately accretive and the group would save ~$100M/year in costs by the end of next year.
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  • Jan. 27, 2012, 9:15 AM
    Market preview: S&P futures -0.5%, turning lower after a weaker-than-expected reading on Q4 U.S. GDP. Ford -6% after missing on earnings; EMN and SOA both surge after a merger deal. In Europe, Olli Rehn said Greece is close to a deal with private creditors, and Italy enjoyed a strong debt sale, but the cost of insuring Portugal's debt against default hit new highs. Later: consumer sentiment.
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  • Jan. 27, 2012, 9:00 AM
    Premarket gainers: SOA +42%. CPHD +23%. EMN +8%. RIG +7%. HAL +4%. KLAC +4%. CTIC +4%. CIFX +3%. STX +3%.
    Losers: RVBD -18%. JNPR -10%. IDIX -9%. F-5 CLF -5%. DX -4%. FRAN -3%. GSS -3%. GM -3%. CRH -3%. MWR -3%. NOK -3%. MRVL -3%.
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  • Jan. 27, 2012, 8:56 AM
    Eastman Chemical (EMN) rallies off the news that the firm snapped up Solutia (SOA) and that the deal will add an immediate boost to earnings. Shares of EMN +8.7% premarket, while SOA jumps 41.7%.
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  • Jan. 27, 2012, 6:33 AM
    Solutia (SOA): Q4 EPS of $0.49 beats by $0.02. Revenue of $526M (+8% Y/Y) beats by $20M. Shares +38.3% premarket. (PR)
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  • Jan. 27, 2012, 6:19 AM
    More on Eastman (EMN) / Solutia (SOA) deal: The offer of $27.65/share is a premium of 42% on Solutia's close yesterday. Eastman says the deal is part of its strategy to expand into emerging markets, particularly Asia Pacific, and will "be immediately accretive to earnings." The firm now expects 2012 adjusted EPS of $5 and 2013 EPS of over $6. (PR)
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  • Jan. 27, 2012, 6:09 AM
    Eastman Chemical (EMN) is to buy Solutia (SOA) for $4.7B, including debt, or $27.65/share. (PR)
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  • Dec. 15, 2011, 2:37 PM
    Specialty chemical manufacturer Solutia (SOA +2.8%) gains after its board authorizes the company's first dividend, affirms its guidance for the year and unveils long-term growth plans at its investor day today.
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  • Oct. 26, 2011, 5:06 PM
    More on Solutia's (SOA) Q3 report: Expects net sales in Q4 in-line with Q3 results as slightly higher volumes are expected to be substantially offset by the translation impact from a stronger U.S. dollar. Full-year net sales forecast to be in $2.05B-$2.1B range, and EPS of $2.00 vs. prior guidance of $1.95-$2.05. Shares +8.8% AH. (PR)
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  • Oct. 26, 2011, 4:49 PM
    Solutia (SOA): Q3 EPS of $0.45 beats by $0.02. Revenue of $519M (+1.6% Y/Y) misses by $8M. Shares -0.2% AH. (PR)
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  • Oct. 26, 2011, 12:10 AM
    Notable earnings after Wednesday's close: ACOM, AEM, AFL, AIZ, AKAM, AMP, ARRS, BDN, BMC, CA, CDNS, CIM, CMO, COG, CYH, DRE, ENTG, EQR, EXXI, GG, HRS, IDCC, ISIL, KBR, LOGI, LSI, NSC, NVLS, OI, OII, ORLY, PMTC, SFSF, SLG, SOA, SPN, SYMC, TER, TEX, TMK, TQNT, V, WRB
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  • Oct. 7, 2011, 4:12 PM
    Southwall Technologies (SWTX +43.8%) soars today after agreeing earlier to be bought by Solutia (SOA +1%) in an all cash deal for $13.60 per share, a 45% premium over Thursday's closing price.
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  • Sep. 14, 2011, 9:10 AM
    Premarket gainers: JAKK +26%. AEZS +6%. BP +4%. GLUU +4%. SD +4%. SVM +4%. LYG +4%. NVDA +3%. INFY +3%.
    Losers: RAH -10%. SOA -7%. GSS -5%. SPIL -3%. DTG -3%.
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  • Sep. 14, 2011, 9:04 AM
    Solutia (SOA) lowers its guidance for FY11 EPS to $1.95-$2.05, from a previous range of $2.10-$2.25. The company says slower-than-expected demand for its products and raw material pricing pressure are behind the update. Shares are down 7% premarket.
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Company Description
We are a global manufacturer and marketer of a variety of high-performance chemical and engineered materials that are used in a broad range of consumer and industrial applications. We maintain a global infrastructure consisting of 25 manufacturing facilities, 6 technical centers and over 26... More