In recent news, Xponance Inc has sold 10,640 shares of Celanese Corporation, noted chemical giant, (NYSE:CE) while Fortune 500 announces their next dividend payment. Strategic investments from Copperwynd Financial LLC and Commerzbank Aktiengesellschaft FI were disclosed. A series of reports highlighted varying shares performance. Jim Cramer had insights on the company's dependency on China for chemicals performance. Share purchases from Twelve Points Wealth Management LLC are noted. The company has announced a refocused push on cash, cost cuts, and divestitures following a Q1 beat. Mizuho has predicted strong price appreciation for CE stocks, while BMO Capital upgraded its rating citing contributing factors. However, Wells Fargo maintained a neutral stance on the company. Some insiders have been buying shares, although the company recorded one-year losses reaching 61%. Analysts are praising Celanese's Q4 earnings and revenue after surpassing estimates. The outlook remains unclear for shareholders, following the suspension of dividends in 2024 and amid market challenges. CEO Richardson will share strategic insights at the Deutsche Bank Conference. The potential for CE's turnaround is perceived positively along with the company's deleveraging debt strategies.
Celanese Corporation CE News Analytics from Mon, 04 Nov 2024 08:00:00 GMT to Sat, 19 Jul 2025 22:07:48 GMT - Rating -2 - Innovation -4 - Information 5 - Rumor -3
