DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering Major Chemical Stocks: El du Ponte de Nemours & Co. (NYSE: DD), Dow Chemical Co. (NYSE: DOW), Rohm and Haas Co. (NYSE: ROH), Air Products & Chemicals Inc. (NYSE: APD), Celanese Corp. (NYSE: CE) and Ashland Inc. (NYSE: ASH).
In the Trade Alert, the author highlights E. I. du Pont announcement of first-quarter dividend of 41 cents per share:
“E. I. du Pont de Nemours & Co. (DD) shares climbed 1.08% to $24.62 Monday mid-morning. DuPont operates as a science and technology company in various disciplines, including biotechnology, electronics, materials science, safety and security and synthetic fibers. … The company recently declared a first-quarter common stock dividend of 41 cents per share, payable March 13, to stockholders of record February 13. This is the 418th consecutive quarterly dividend since the company's first dividend in the fourth quarter of 1904. Regular quarterly dividends of $1.12-1/2 per share on the $4.50 series preferred stock and 87-1/2 cents per share on the $3.50 series preferred stock also were declared, both payable April 24, 2009, to stockholders of record April 9, 2009.”
The Trade Alert author also featured Dow Chemical’s plan not to close the pending acquisition of rival Rohm & Haas:
“Dow Chemical Co. (DOW) shares rose 1.40% to $14.53 Monday mid-morning. Dow engages in the manufacture and sale of chemicals, plastic materials, agricultural and other specialized products and services worldwide. … The U.S. Federal Trade Commission has recently approved Dow's acquisition of rival Rohm & Haas Co., raising pressure on Dow to quickly close, or renegotiate the deal. Under the merger agreement, the $15.3 billion deal has to close within two business days of securing final regulatory approvals, setting an apparent deadline of Tuesday, January 27 to avoid a breach of contract. … However, Rohm & Haas recently said Dow does not plan to close the pending acquisition of the specialty chemicals maker by the January 27 closing date.”
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