Deutsche Bank has recently raised Celanese Corporation (CE) stock to Buy rating, as announced on Today, according to Finviz. Earlier, on November 5, 2024, Wells Fargo had reduced the stock from a ...
Shares of Celanese fell sharply Tuesday morning after the chemicals supplier slashed its dividend and said it would sharply slow production following weak demand in its latest quarter. The stock was ...
Specialty chemicals company Celanese cut its quarterly dividend by about 95% and laid out additional cost-cut plans following a profit slump, sending its shares down 14% in extended trading on Monday.
Celanese expects adjusted earnings per share of around $1.25 in the fourth quarter based on these variables. It aims to create long-term shareholder value by improving earnings, reducing costs, ...
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