|Bid||7.75 x 1800|
|Ask||26.00 x 1400|
|Day's Range||11.78 - 12.45|
|52 Week Range||10.75 - 28.40|
|Beta (3Y Monthly)||3.35|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 5, 2018|
|Forward Dividend & Yield||0.18 (1.46%)|
|1y Target Est||19.22|
Tronox (TROX) continued its declining trend and tanked 12.2% in August, underperforming the S&P 500 (SPY). Its peers Chemours (CC) and Venator Materials (VNTR) fell 4.8% and 17.4%, respectively, while W.R. Grace (GRA) rose 4.9%.
Venator Materials (VNTR) stock fell a massive ~17.4% in August, underperforming the S&P 500 (SPY). Among its peers, Chemours (CC), Tronox (TROX), and Kronos Worldwide (KRO) declined 4.8%, 12.2%, and 10.7%, respectively.
NEW YORK, NY / ACCESSWIRE / September 10, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report on Tronox Limited (TROX), a vertically integrated mining and inorganic chemical business. The company management is working aggressively towards closure of the Cristal acquisition. On September 5th, the company commented on the decision by the U.S. District Court for the District of Columbia granting the U. S. Federal Trade Commission's ("FTC") request for a preliminary injunction regarding Tronox's proposed acquisition of Cristal.
(Continued from Prior Part)Tronox’s quarterly dividend On August 15, Tronox (TROX) announced its latest quarterly dividend of $0.045 per share. The dividend will be paid on the company’s outstanding class A and class B ordinary shares. Tronox set the record date as August 27. Investors holding shares as of the record date are eligible for the dividend. The dividends are expected to be paid on September 7. At the end of the second quarter, including class A and class B shares, the total number of outstanding shares stood at ~122.9 million. ...
NEW YORK, NY / ACCESSWIRE / August 2, 2018 / Tronox Ltd. Class A (NYSE: TROX ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 2, 2018 at 8:30 AM Eastern Time. ...
Tronox (TROX) delivered earnings and revenue surprises of 24.00% and -2.79%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
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.
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).
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.
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.
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.
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.
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.
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; ...
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.