|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||18.52 - 18.85|
|52 Week Range||16.70 - 28.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 7, 2018|
|Forward Dividend & Yield||0.18 (0.91%)|
|1y Target Est||25.71|
This Friday, WallStEquities.com has initiated reports coverage on the following Basic Materials equities: Tronox Ltd (NYSE: TROX), Univar Inc. (NYSE: UNVR), Versum Materials Inc. (NYSE: VSM), and Pacific Ethanol Inc. (NASDAQ: PEIX). All you have to do is sign up today for this free limited time offer by clicking the link below.
On July 10, the FTC (Federal Trade Commission) filed a lawsuit against Tronox (TROX) in the U.S. District Court in Washington, D.C., alleging that its acquisition of Cristal would significantly reduce competition in the North American market for titanium dioxide. It came after Tronox received conditional approval from the European Commission (or EC) for the Cristal acquisition.
The European Commission on Wednesday cleared U.S. chemical group Tronox to buy Saudi Arabia's Cristal, on the condition that it sells its global business in titanium dioxide pigment for paper laminate. The Commission had investigated the market of titanium dioxide pigment, which is used in the production of products such plastics or paper, and found that the companies needed to divest a business to get approval. "Tronox and Cristal are two of the four major players in this market but we can approve their merger because the companies offered a suitable remedy that fully addresses our competition concerns," the Commission, which oversees mergers in the European Union, said.
MILWAUKEE, June 28, 2018-- Jason Industries, a diversified industrial manufacturer today announced changes to its Board of Directors, effective immediately.. Jeffry Quinn is transitioning his Chairman ...
NEW YORK, June 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Teradata ...
On Thursday, June 07, 2018, the NASDAQ Composite and the S&P 500 edged 0.70% and 0.07% lower, respectively at the closing bell, while the Dow Jones Industrial Average stayed bullish, finishing marginally higher by 0.38%. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following Chemicals - Major Diversified equities this morning: Huntsman Corp. (NYSE: HUN), Tronox Ltd (NYSE: TROX), Univar Inc. (NYSE: UNVR), and Versum Materials Inc. (NYSE: VSM).
Chemours to Raise Its Debt: Good or Bad? As of May 15, Chemours’s (CC) short interest had fallen to its lowest this year, to 1.7% of outstanding shares from 2.9% at the beginning of the year. Chemours posted staggering first-quarter EPS of $1.41, marking a 101% YoY (year-over-year) increase.
So far this year, Chemours (CC) stock has been muted and has failed to repeat its 2017 performance. Year-to-date, CC has risen 1.2%, outperforming peers Tronox (TROX), Kronos Worldwide (KRO), and RPM International (RPM), which have fallen 1.9%, 11.0%, and 1.7%, respectively.
It is now on its way to adding 450 million euros in 4% senior notes due 2026 through a public offering. This offer is managed jointly by Citigroup Global Markets, Deutsche Bank Securities, Merrill Lynch, HSBC Securities, and many others, and the debt includes long-term debt and current maturities. The proceeds from the offer are expected to be ~$557.5 million based on the exchange rate stated in the company’s SEC (Securities and Exchange Commission) filing.
Chemours to Raise Its Debt: Good or Bad? Chemours’s (CC) interest expense has remained steady for the past two years. In 2016, CC incurred an interest expense of $213 million, and in 2017, it was $215 million.
LONDON, UK / ACCESSWIRE / May 17, 2018 / If you want access to our free earnings report on Eastman Chemical Co. (EMN) ("Eastman"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=EMN. The Company reported its first quarter fiscal 2018 operating and financial results on April 26, 2018. Active-Investors.com is currently working on the research report for Tronox Limited (TROX), which also belongs to the Basic Materials sector as the Company Eastman Chemical.
STAMFORD, Conn., May 9, 2018 /PRNewswire/ -- Tronox Limited (NYSE: TROX) ("Tronox" or the "Company"), a global mining and inorganic chemicals company, today announced it has entered into an Option Agreement with Advanced Metal Industries Cluster Company Limited ("AMIC") to acquire 90 percent of AMIC's ownership in a titanium slag smelter facility (the "Slagger") located in The Jazan City for Primary and Downstream Industries in the Kingdom of Saudi Arabia. The execution of the Option Agreement occurred shortly after Tronox and AMIC entered into a Technical Services Agreement to provide certain technical assistance to AMIC to facilitate start-up of the Slagger.
Strategic Developments: - Obtaining European Commission's conditional clearance of Cristal acquisition now only dependent on finalizing agreement on proposed remedy to address their remaining objection; ...
NEW YORK, May 09, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Church ...
STAMFORD, Conn. , April 16, 2018 /PRNewswire/ -- Tronox Limited (NYSE: TROX) announced today the following schedule for its first quarter 2018 earnings release and webcast conference call: Earnings Release: ...
STAMFORD, Conn., April 9, 2018 /PRNewswire/ -- Tronox Limited (NYSE: TROX) ("Tronox" or the "Company"), a global mining and inorganic chemicals company, today announced it has appointed Ginger M. Jones as a new Class A Director of the Company. "Ginger's experience, particularly her successes within global manufacturing companies, makes her a valuable addition to our board as we continue to navigate through opportunities for growth and expansion," said Ilan Kaufthal, non-executive chairman of the board of directors for Tronox.
STAMFORD, Conn., April 6, 2018 /PRNewswire/ -- Tronox Limited (TROX) ("Tronox" or the "Company"), today announced that it completed its offering by its wholly owned subsidiary, Tronox Incorporated, of 6.500% senior notes due 2026 for an aggregate principal amount of $615,000,000, the net proceeds of which will fund the redemption of the approximately $584 million aggregate principal amount of 7.500% senior notes due 2022 issued by Tronox Finance LLC (the "2022 Notes"). The 2022 Notes were issued in a private placement offering, and the optional redemption will occur in accordance with the provisions of the indenture, dated as of March 19, 2015, issued by Evolution Escrow Issuer LLC, and subsequently assumed by Tronox Finance LLC upon the merger of Evolution Escrow Issuer with and into Tronox Finance LLC and among the Company and other guarantors named therein and Wilmington Trust, National Association, as trustee, as supplemented from time to time.
STAMFORD, Conn. , April 4, 2018 /PRNewswire/ -- Tronox Limited (NYSE: TROX) ("Tronox" or the "Company"), a global mining and inorganic chemicals company, today announced it has named ...
On March 27, 2018, Tronox (TROX) announced that it completed the pricing of $615 million in senior notes with a coupon rate of 6.5%. The offer is targeted mainly for qualified institutional buyers. The proceeds from the offer will be used to redeem the outstanding principal amount of ~$584 million with a coupon rate 7.5%.
The offering was made to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The Notes will be fully and unconditionally guaranteed on a senior, unsecured basis by Tronox Limited and certain of its subsidiaries.
STAMFORD, Conn., March 27, 2018 /PRNewswire/ -- Tronox Limited (TROX) ("Tronox" or the "Company"), today announced that Tronox Incorporated (the "Issuer"), a wholly owned subsidiary of the Company, intends to offer, subject to market and other considerations, senior notes due 2026 (the "Notes") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The Company intends to use the net proceeds of the offering to fund the redemption of the approximately $584 million aggregate principal amount of 7.50% senior notes due 2022 issued by Tronox Finance LLC.