Research Report Coverage on Major Diversified Chemicals Stocks -- Eastman Chemical, Tronox, Praxair, and Air Products and Chemicals

NEW YORK, August 17, 2016 /PRNewswire/ --

Ahead of the trading session, Stock-Callers.com turns investors' attention to these Major Diversified Chemicals equities: Eastman Chemical Co. (NYSE: EMN), Tronox Ltd (NYSE: TROX), Praxair Inc. (NYSE: PX), and Air Products and Chemicals Inc. (NYSE: APD). According to the American Chemistry Council, U.S. chemical production will continue to expand over the next couple of years, and will eventually emerge as a long-term economic growth engine. These stocks research reports can be downloaded now by simply registering for free at:

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Eastman Chemical  

Kingsport, Tennessee headquartered Eastman Chemical Co.'s stock finished Tuesday's session 0.83% lower at $65.46 with a total volume of 1.11 million shares traded. Shares of the Company, which manufactures and sells materials, chemicals, and fibers in the US and internationally, are trading below their 200-day moving average by 4.88%. The stock has a Relative Strength Index (RSI) of 40.11.

On July 28, 2016, the company reported earnings of $1.71 per diluted share for Q2 2016 versus $1.98 per diluted share for Q2 2015. Earnings excluding non-core items were $1.68 per diluted share for Q2 2016 versus $2.01 per diluted share for Q2 2015. The company reported revenue of $2.30 billion in Q2 2016 compared to revenue of $2.53 billion for Q2 2015.

On August 02nd, 2016, research firm RBC Capital Markets downgraded the Company's stock rating from 'Outperform' to 'Sector Perform'. The research firm also revised downwards its previous target price from $83 to $70. Your complete research report on EMN can be retrieved for free at:

http://stock-callers.com/registration/?symbol=EMN


Tronox  

On Tuesday, shares in Stamford, Connecticut-based Tronox Ltd ended the session at $8.14, down 2.63%. The stock recorded a trading volume of 979,091 shares. The Company's shares have gained 15.95% in the last one month, 67.15% in the previous three months, and 108.18% since the start of this year. The stock is trading 41.00% above its 50-day moving average and 54.54% above its 200-day moving average. Moreover, shares of Tronox, which produces and markets titanium bearing mineral sands and titanium dioxide pigment in North America, Europe, South Africa, and the Asia-Pacific region, have an RSI of 68.93.

On August 3rd, 2016, Tronox reported Q2 2016 revenue of $537 million compared to $617 million in Q2 2015. Net loss attributable to Tronox was $50 million, or $0.42 per diluted share, which included restructuring income of $1 million, or $0.01 per diluted share, compared to a net loss attributable to Tronox d of $119 million, or $1.03 per diluted share in the year-ago quarter. TROX free report is just a click away at:


http://stock-callers.com/registration/?symbol=TROX


Praxair  

Danbury, Connecticut headquartered Praxair Inc.'s stock ended yesterday's session 2.75% higher at $121.27. A total volume of 5.94 million shares was traded, which was above their three months average volume of 1.11 million shares. The Company's shares have advanced 2.20% in the past month, 8.74% over the previous three months, and 20.10% on an YTD basis. The stock is trading 5.65% above its 50-day moving average and 10.93% above its 200-day moving average. Additionally, shares of Praxair, which produces, sells, and distributes atmospheric, process, and specialty gases, as well as surface coatings in North America, Europe, South America, and Asia, have an RSI of 70.95.

On August 16th, 2016, Praxair confirmed that it is currently in preliminary discussions with Linde AG regarding a potential merger. The company stated that these discussions are ongoing and there can be no assurance that they will result in a transaction, or on what terms any transaction may occur. Sign up for your complimentary research report on PX at:

http://stock-callers.com/registration/?symbol=PX


Air Products and Chemicals  

At the close on Tuesday, shares in Allentown, Pennsylvania headquartered Air Products and Chemicals Inc. recorded a trading volume of 1.89 million shares, which was higher than their three months average volume of 925,770 shares. The stock finished 0.82% higher at $152.77. The Company's shares have gained 2.40% in the last one month, 7.60% in the previous three months, and 18.86% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.96% and 11.23%, respectively. Furthermore, shares of Air Products and Chemicals, which provides atmospheric gases, process and specialty gases, electronics and performance materials, equipment, and services worldwide, have an RSI of 69.20.

On August 1st, 2016, Air Products announced it has been awarded a long-term contract by KCC Corp., a leading glass maker and the largest construction material manufacturer in South Korea, to supply oxygen to the new glass wool production line at its Gimcheon facility. The new production line is scheduled to come on stream in 2017.

On August 12th, 2016, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'. Register for free on Stock-Callers.com and download the latest research report on APD at:

http://stock-callers.com/registration/?symbol=APD

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