UBS Raises Price Target on Albemarle (ALB) to $67 Following 1Q Report
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Albemarle announces quarterly dividend
May 10, 2016 6:00 PM EDTBATON ROUGE, La., May 10, 2016 /PRNewswire/ -- The board of directors of Albemarle Corporation (NYSE: ALB) declared today a quarterly dividend of $0.305 per share. The dividend is payable July 1, 2016, to shareholders of record at the close of business as of June 15, 2016.
About AlbemarleAlbemarle Corporation, headquartered in Baton Rouge, Louisiana, is a... More
Albemarle names David Ryan treasurer
May 10, 2016 5:00 PM EDTBATON ROUGE, La., May 10, 2016 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that David Ryan has joined the company as treasurer, reporting to Scott Tozier, chief financial officer.  In this role, Ryan is responsible for leading the company's treasury strategy, including global treasury operations, corporate finance and banking relationships, cash forecasting and investment management... More
Albemarle reports first quarter 2016 results and increases annual guidance
May 10, 2016 4:31 PM EDTBATON ROUGE, La., May 10, 2016 /PRNewswire/ --
First quarter 2016 highlights:
First quarter earnings of $2.02 per diluted share ($0.40 in prior year); adjusted diluted earnings of $1.12 per share, an increase of 44% over the prior year, excluding the impact of currency and divestitures First quarter adjusted EBITDA of $245 million, an increase of 16% over the prior year, excluding the impact of currency and divestitures First quarter cash from operations of $173 million, an increase of $127 million over the prior year and on track with expectations Completed the sales of the metal sulfides and... More