A director at Trinseo PLC bought 150,600 shares at 3.005USD and the significance rating of the trade was 94/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Announcement: Moody's states that Trinseo's acquisition of Aristech Surfaces will not impact its rating or outlook. Global Credit Research- 22 Jul 2021. New York, July 22, 2021-- Moody's Investors Service states that Trinseo S.A.' s proposed acquisition of Aristech Surfaces LLC. for $445 million will not have an impact on its Ba3 corporate family rating or negative outlook given the expected improvement in financial performance and credit metrics in 2021 pro forma for this...
BERWYN, Pa.--(BUSINESS WIRE)-- (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today announced that its Board of Directors authorized a quarterly dividend of $0.08 per share. The dividend will be a cash distribution payable on July 22, 2021, to shareholders of record as of the close of business on July 8, 2021. Tax Considerations Trinseo is a public limited liability company formed under the laws of Luxembourg. Under current Luxembourg tax law, distributions to shareholders via repayments of equity or share premium are n...
BERWYN, Pa.--(BUSINESS WIRE)-- (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced today it has entered into a definitive agreement to sell its synthetic rubber business based in Schkopau, Germany (“Synthetic Rubber” or the “Business”) to Synthos S.A. and its affiliates (collectively “Synthos”) for an enterprise value of approximately $491 million, comprised of $449.4 million of cash and the assumption of approximately $41.6 million of pension liabilities. The expected net cash proceeds are approximately $400 million after transa...
BERWYN, Pa.--(BUSINESS WIRE)-- (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders, and synthetic rubber announced that it can now supply recycled polystyrene (rPS) for food contact applications with the launch of the first yogurt pot integrating rPS, now on shelves in France. The material --Trinseo’s STYRON™ CO2RE™ CR55 Polystyrene Resin -- contains 55 percent recycled content resulting from depolymerization, and is part of the company’s . PS is a unique plastic in that it can be depolymerized to its monomer level and can be reused along with virgin content w...
BERWYN, Pa.--(BUSINESS WIRE)-- (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber recently commercialized its recycled polystyrene (PS) from dissolution technology and is offering a new material using this process -- STYRON™ CO2RE™ 687DI30. This is the first of a series of recycled PS products that Trinseo intends to launch under the brand in the coming years. With this material / recycling method, post-consumer recycled (PCR) material is dissolved in a solvent followed by a series of purification steps to separate the polymer from addit...
BERWYN, Pa--(BUSINESS WIRE)-- (NYSE: TSE): Three Months Ended March 31, $millions, except per share data 2021 2020 Net Sales $ 1,093 $ 854 Net Income (Loss) 72 (36 ) EPS (Diluted) ($) 1.81 (0.94 ) Adjusted Net Income* 129 10 Adjusted EPS ($)* 3.27 0.26 EBITDA* 137 (2 ) Adjusted EBITDA* ...
BERWYN, Pa.--(BUSINESS WIRE)-- (NYSE: TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, announced today the closing of the previously announced transaction to acquire Arkema’s polymethyl methacrylates (PMMA) business. PMMA is a transparent and rigid resin with a wide range of end uses that augments Trinseo’s existing offerings across several end markets including automotive, building and construction, medical and consumer electronics. A compelling strategic fit that will accelerate transformation This acquisition serves as a catalyst for help...
BERWYN, Pa. & GELEEN, The Netherlands--(BUSINESS WIRE)-- (NYSE: TSE) and have signed a letter of intent to collaborate on the development of purified bio-based 1,3-butadiene. This will see the two companies combine their respective technology and process expertise to accelerate the development of viable, renewably sourced material solutions. Under the partnership, the companies will jointly explore opportunities to scale up ETB's unique single-stage process to produce bio-based 1,3-butadiene from ethanol using polyfunctional catalyst technology. The collaboration will initially focus on dem...
BERWYN, Pa.--(BUSINESS WIRE)-- (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber, today announced that it will host a conference call to discuss its first quarter 2021 financial results on Friday, May 7 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, and David Stasse, Executive Vice President and Chief Financial Officer. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions du...
BERWYN, Pa.--(BUSINESS WIRE)-- (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today announced the pricing of both its offering of $450 million in gross proceeds of senior notes due 2029 (the “Notes”) by its subsidiaries Trinseo Materials Operating S.C.A. and Trinseo Materials Finance, Inc. (together, the “Issuers”) and of its $750 million of incremental term loan borrowings expected to be available under the Issuers’ existing senior secured credit facility (“Term Loan B Facility”). The net proceeds from the Notes offering a...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
BERWYN, Pa.--(BUSINESS WIRE)-- (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today announced that its Board of Directors authorized a quarterly dividend of $0.08 per share. The dividend will be a cash distribution payable on April 22, 2021, to shareholders of record as of the close of business on April 8, 2021. Tax Considerations Trinseo is a public limited liability company formed under the laws of Luxembourg. Under current Luxembourg tax law, distributions to shareholders via repayments of equity or share premium are n...
BERWYN, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE): Three Months Ended Year Ended December 31, December 31, $millions, except per share data 2020 2019 2020 2019 Net Sales $ 860 $ 889 $ 3,036 $ 3,776 Net Income 67 6 8 92 EPS (Diluted) ($) 1.71 0.14 0.20 2.26 Adjusted Net Income* 72 14 79 127 Adjusted EPS ($)* 1.84 ...
BERWYN, Pa.--(BUSINESS WIRE)-- (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber, today announced that it will host a conference call to discuss its fourth quarter and full year 2020 financial results on Thursday, February 4 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, and David Stasse, Executive Vice President and Chief Financial Officer. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested ...
BERWYN, Pa.--(BUSINESS WIRE)-- (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, today announced that its Board of Directors authorized a quarterly dividend of $0.08 per share. The dividend will be a cash distribution payable on January 21, 2021, to shareholders of record as of the close of business on January 7, 2021. Tax Considerations Trinseo is a public limited liability company formed under the laws of Luxembourg. Under current Luxembourg tax law, distributions to shareholders via repayments of equity or share premium a...
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