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Fly News Breaks for August 4, 2016
TEL, IOSP
Aug 4, 2016 | 09:05 EDT
Monness Crespi upgraded Innospec to Buy and established a $60 price target saying it now sees much higher earnings for 2017 and beyond due to the acquisition of Huntsman's Personal Care surfactants business in Europe and indications by its sole customer, TE Connectivity (TEL), will continue to need product through 2017.
News For IOSP;TEL From the Last 2 Days
TEL
Apr 24, 2024 | 08:50 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here
TEL
Apr 24, 2024 | 06:49 EDT
Sees Q3 revenue $4B, consensus $4.11B. The company said, "For the third quarter of fiscal 2024, the company expects net sales of approximately $4.0 billion. GAAP EPS from continuing operations are expected to be approximately $1.71, up 2% year over year, with adjusted EPS of approximately $1.85, up 5% year over year. Third quarter guidance includes a $0.15 year-over-year headwind from tax and currency exchange rates."
