$SCL (Stepan Company)

$SCL {{ '2016-10-18T14:52:12+0000' | timeago}} • Announcement

Specialty chemicals company $SCL reported a 18% drop in 3Q16 earnings due to deferred compensation expense as well as lower sales volumes in Latin America and Europe. Net income fell to $20.43MM or $0.89 per share from $24.91MM or $1.09 per share last year. Net sales rose to $445.03MM from $444.01MM. Adjusted EPS increased 15% to $1.06.

$CL {{ '2017-07-21T18:17:33+0000' | timeago}} • Webcast

$CL expects net sales to be up low-single digits for the year with a slight negative impact from foreign exchange. The FMCG giant, as it posted 2Q17 results, now sees organic sales growth will be in the low single digits.

$CL {{ '2017-07-21T12:30:24+0000' | timeago}} • Infographic

$CL Colgate-Palmolive Co Earnings AlphaGraphics: Q2 2017 highlights

$CL {{ '2017-07-21T11:47:23+0000' | timeago}} • Announcement

In 2Q17, $CL's North America net sales fell 3.5% and Latin America net sales rose 7.0%. The FMCG giant's CEO Ian Cook said, "we continue to expect low-single-digit net sales increase for 2017, and given our slower than expected first half, we are now planning for low-single-digit organic sales growth for 2017."

$CL {{ '2017-07-21T11:44:42+0000' | timeago}} • Announcement

Worldwide reported net sales of $CL slipped 0.5% to $3.83Bil in 2Q17 with global unit volume falling 1%. Organic sales were even with the year ago period, and net income slumped to $524MM and $0.59 per diluted share from last year's $600MM and $0.67 per diluted share.

$XOM {{ '2017-07-20T20:21:21+0000' | timeago}} • Announcement

$XOM legally challenges the Treasury Department’s Office of Foreign Assets Control that states he company violated U.S. sanctions against Russia in 2014. The dispute is based on the interactions $XOM had with Rosneft, Russian oil company.

$UAL {{ '2017-07-20T15:22:46+0000' | timeago}} • Announcement

Terri Fariello has been named $UAL's SVP, Government Affairs. Based in Washington, D.C., she will lead the company's federal, state and local government engagement. Fariello comes from $XOM, where she served as VP of its Washington, DC office.

$PG {{ '2017-07-17T22:15:27+0000' | timeago}} • Announcement

$PG said it continues to execute on bold productivity initiatives and plans to deliver up to $10Bil over the next five fiscal years. The company recently announced a 3% increase to its quarterly dividend, and expects total dividend payments to shareholders of more than $7Bil in FY17.

$AES {{ '2017-07-17T21:30:02+0000' | timeago}} • Announcement

$AES declared a quarterly common stock dividend of $0.12 per share payable on August 17, 2017, to shareholders of record on August 3, 2017.

$CHD {{ '2017-07-17T11:58:51+0000' | timeago}} • Announcement

$CHD has agreed to acquire water-jet technology company Water Pik, Inc. from MidOcean Partners for approx $1Bil in cash. The acquisition is expected to be neutral to its 2017 EPS. The transaction, which will be financed with debt, is expected to close in the third quarter.

$XOM {{ '2017-07-13T17:22:11+0000' | timeago}} • Announcement

$XOM's subsidiary ExxonMobil Exploration and Production Suriname, along with co-venturers Hess and Statoil, signed a production sharing contract for Block 59 with Staatsolie Maatschappij Suriname, the national oil company of Suriname. The block adds significant acreage to $XOM's operated portfolio in the Guyana-Suriname Basin.

$DOW {{ '2017-07-13T17:08:12+0000' | timeago}} • Announcement

$DOW, which is going to merge with $DD in the next 1 or 2 months, named its North American President Pedro Suarez as Chief Commercial Officer. Suarez will be replacing Joe Harlan, who is going to retire from the Company at the close of the Dow DuPont merger.

$DOW {{ '2017-07-12T13:21:04+0000' | timeago}} • Announcement

Chemical company $DOW has appointed Karen S Carter as Chief Inclusion Officer, a new role created for strengthening integration of diversity. She will report directly to President and COO Jim Fitterling and CEO Andrew Liveris. Carter has held various leadership roles in Dow during her 20-year stint in the company.

$DOW {{ '2017-07-12T11:35:26+0000' | timeago}} • Announcement

$DOW agreed with CITIC Agri Fund to divest a select portion of Dow AgroSciences' corn seed business in Brazil for $1.1Bil. The scope includes seed processing plants and seed research centers, copy of Dow AgroSciences' Brazilian corn germplasm bank, Morgan seed brand and license for use of Dow Sementes brand for certain period of time.

$AES {{ '2017-07-05T13:02:24+0000' | timeago}} • Announcement

$AES has closed $2Bil in long-term, non-recourse financing for its 1,384MW Southland repowering project. The financing consists $1,475MM of senior secured notes amortizing through 2040 and $492MM senior secured term loan amortizing through 2027. $AES will contribute about $350MM in equity to finance the balance of the total project cost of $2.3Bil.

$DOW {{ '2017-06-29T13:34:54+0000' | timeago}} • Announcement

$DOW and $DD provided update on status of anticipated merger of two companies. The Boards have jointly begin review and have engaged McKinsey & Co. to assist in this assessment. The lead independent directors of each company are working together to oversee the process. The DowDuPont Board is expected to review the results soon after merger closes.

$AVP {{ '2017-06-21T15:49:35+0000' | timeago}} • Announcement

$AVP said Fernando Acosta, EVP and Chief Marketing and Social Selling Officer, has decided not to relocate to the UK and will therefore be leaving the company, Nov. 1, 2017. James Scully, current EVP and COO, will be leaving the company Oct. 1 2017, following his previously announced decision not to relocate to London.

$AVP {{ '2017-06-21T15:48:06+0000' | timeago}} • Announcement

$AVP appointed Jonathan Myers as EVP and COO, effective Sept. 1, 2017. Most recently, Jonathan served as $K's VP, Western European Markets, and Managing Director, UK and Ireland. Last week, $AVP appointed Miguel Fernandez as Global President responsible for Commercial Business Operations.

$DOW {{ '2017-06-21T15:43:41+0000' | timeago}} • Announcement

$DOW and 1QB Information Technologies (1QBit) announced collaboration agreement to develop quantum computing tools for the chemicals and materials science technology spaces. The two companies will accelerate the deployment of quantum computing across a range of applications relevant to the chemical sector.

$AVP {{ '2017-06-21T15:26:42+0000' | timeago}} • Announcement

$AVP appointed Miguel Fernandez as Global President, with responsibility for commercial business operations, effective Aug. 14, 2017. Miguel succeeds John Higson, who will be retiring in September from his role as $AVP's EVP, Chief Commercial Officer, following 32 years with the company.

$EL {{ '2017-06-16T10:49:08+0000' | timeago}} • Announcement

$EL announced that it has invested in a beauty company named DECIEM, a vertically integrated multi-brand company, driven by a consumer-centric focus. Terms of the investment were not disclosed. DECIEM was founded in 2013 in Toronto, Ontario by Brandon Truaxe, who leads the company along with Co-CEO Nicola Kilner.

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