Celanese Corp. (CE) Tops Q1 EPS by 21c, Revenues Miss; Confirms FY19 EPS Guidance Above Consensus

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Celanese (CE) PT Raised to $126 at BMO Capital

April 24, 2019 7:16 AM EDT

BMO Capital analyst John McNulty raised the price target on Celanese (NYSE: CE) to $126.00 (from $107.00) while maintaining a Market Perform rating.

"Following a positive 1Q beat, CE continued to keep investors excited pointing to 1) the potential for larger M&A in EM,... More

Celanese Corp. (CE) Raises Quarterly Dividend 14.8% to $0.62; 2.4% Yield

April 18, 2019 9:03 AM EDT

Celanese Corp. (NYSE: CE) declared a quarterly dividend of $0.62 per share, or $2.48 annualized. This is a 14.8% increase from the prior dividend of $0.54.

The dividend will be payable on May 9, 2019, to stockholders of record on April 29, 2019, with an ex-dividend date of April 26,... More

Celanese Corp. (CE) Approves $1.5 Billion Share Repurchase Authorization

April 18, 2019 9:01 AM EDT

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that its board of directors has approved a new $1.5 billion share repurchase authorization. The new share repurchase authorization represents approximately 11 percent of the companys shares outstanding.

The company... More