Eastman Chemical Company has recently made several noteworthy moves. It has announced both its
first and
second-quarter financial results for 2024, also declaring a quarterly
dividend of $0.81 per share. The company also displayed strong trading performance, outpacing its competitors. Investment firms Atria Investments and Price T Rowe have increased their shareholdings in Eastman, reflecting a positive sentiment around its performance. In debt-market moves, Eastman tendered offers to purchase two lots of outstanding notes, each up to an aggregate principal amount of $250 million. Meanwhile, investment rankings for Eastman have fluctuated but remain generally positive, with upgrades from
stocknews.com and price target raises from Barclays and Deutsche Bank. Additionally, the
California State Teachers Retirement System has revealed a $16.09 million stake in Eastman. Lastly, CFO
Willie McLain has been slated to speak at two high-profile finance conferences, hosted by Deutsche Bank and J.P. Morgan respectively.
Eastman Chemical Company EMN News Analytics from Fri, 29 Sep 2023 07:00:00 GMT to Sun, 04 Aug 2024 12:32:17 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor -4
