Ashland Inc. reports preliminary financial results for fourth quarter of fiscal 2015

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Ashland (ASH) PT, Estimates Lowered at UBS; 'Buy' Maintained

November 4, 2015 8:12 AM EST

UBS analyst John Roberts reiterated a Buy rating on Ashland Inc. (NYSE: ASH) but trimmed his price target to $138.00 (from $141.00). The firm also cut FYSep16 from $8.40 to $7.65 as lower oil impacts non-Valvoline.

Roberts commented, "Valvoline doing an excellent job growing earnings in volatile oil... More

Ashland (ASH) Tops Q3 EPS by 12c

November 3, 2015 5:06 PM EST

Ashland (NYSE: ASH) reported Q3 EPS of $1.62, $0.12 better than the analyst estimate of $1.50.

Update on Ashland's Plan to Separate into Two Independent Publicly Traded Companies
In late September, Ashland announced a plan to separate into two independent, publicly traded companies - one focused on specialty chemicals and the other focused on high-performance lubricants. The announcement followed a comprehensive strategic planning review by the company's global leadership team to better understand Ashland's markets, customers and the opportunities for each business to create the most... More