ICI
Article Abstract:
ICI saw a drop in its stock price despite announcing a rise in profit. Merrill Lynch rates the company's stocks a hold, Albert E Sharp rates them a sell, and Charterhouse Securities rates them a buy.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
ICI
Article Abstract:
ICI needs to reduce its dividend, and will be able to better utilize its specialty chemicals division when it does so. Williams de Broe rates the company's stocks a buy, Old Mutual rates them a sell, and Schroder Salomon Smith Barney's view is neutral.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
ICI
Article Abstract:
ICI saw a rise in its stock price of 8% following the release of interim results in Jul 1999, and the company has performed better than expected. Cyclical activities are being sold, and the chemicals cycle is undergoing an upturn. The company continues to cut costs, and its debt has been reduced by more than expected. There is still concern about the weight of this debt, and cash outflows are also arising from additional pension fund contributions and restructuring charges.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
User Contributions:
Comment about this article or add new information about this topic: