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Celanese Corp. (CE) Wrap Up:

Celanese Corporation engages in producing and selling industrial chemicals, acetyl products, and engineered polymers in North America, Europe, and Asia. The company involves in processing chemical raw materials, such as methanol, carbon monoxide, and ethylene, as well as natural products, including wood pulp into value-added chemicals, thermoplastic polymers, and other chemical-based products. It operates in four segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, and Acetyl Intermediates. The Advanced Engineered Materials segment develops, produces, and supplies polymers, which are used in automotive and electronics products, as well as other consumer and industrial applications. Its products include polyacetal products (POM), polyphenylene sulfide (PPS), GUR, liquid crystal polymers (LCP), long fiber reinforced thermoplastics (LFRT), polybutylene terephthalate (PBT), and polyethylene terephthalate (PET). The Consumer Specialties segment produces and supplies Acetate tow and Acetate flake, which are used in the production of filter products; and Sunett, a sweetener, as well as food protection ingredients, such as sorbates for the food, beverage, and pharmaceutical industries. The Industrial Specialties segment provides Emulsions, and AT Plastics. Its Emulsions products are used in paints and coatings, adhesives, building and construction, glass fiber, textiles, and paper; and AT plastics are used in packaging films, lamination film products, hot melt adhesives, medical tubing, automotive carpeting, and solar cell encapsulation films. The Acetyl Intermediates segment produces and supplies acetyl products, including acetic acid, VAM, acetic anhydride, and acetate esters used in colorants, paints, adhesives, coatings, and medicines; and chemicals, such as organic solvents and intermediates used in pharmaceutical, agricultural, and chemical products. The company was founded in 2004 and is headquartered in Dallas, Texas.
www.celanese.com
8,350 Employees
Founded in 2004

Celanese Corp. (CE:NYSE)

LAST $29.07 USD
CHANGE TODAY -0.05 -0.17%
VOLUME 1.0M
As of 4:01 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Celanese Corp. (CE)

OPEN
$28.69
PREVIOUS CLOSE
$29.12
DAY HIGH
$29.12
DAY LOW
$28.66
52 WEEK HIGH
11/9/09 - $30.20
52 WEEK LOW
11/21/08 - $5.71
MARKET CAP
4.2B
AVERAGE VOLUME 3 mo
1.8M
DILUTED EPS TTM
$2.02
SHARES OUTSTANDING
143.6M
EX-DATE
10/13/09
P/E TTM
14.4x
DIVIDEND
$0.16
DIVIDEND YIELD
0.55%
K = Thousands  M = Millions  B = Billions

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CE Top Compensated Officers

Mr. David N. Weidman
Executive Chairman, Chief Executive Officer, ...
Age: 53
Total Annual Compensation: $900.0K
Mr. Steven Sterin
Chief Financial Officer and Senior Vice Presi...
Age: 38
Total Annual Compensation: $356.0K
Mr. James S. Alder
Senior Vice President of Operations & Technic...
Age: 60
Total Annual Compensation: $1.8M
Dr. Lyndon B. Cole
Head of Asia Region, Head of Celanese Ag Grow...
Age: 56
Total Annual Compensation: $735.0K
Mr. Curtis S. Shaw Esq.
Executive Vice President, Corporate Secretary...
Age: 59
Total Annual Compensation: $575.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Celanese Corp. (CE)

Celanese Announces Strategic Vinyl Acetate Contract in China

Celanese Corp. announced a long-term agreement with Jiangxi Jiangwei High-Tech Stock Co. Ltd., to supply Vinyl Acetate Monomer. Jiangwei will cease production of its calcium carbide-based alternative for economic and environmental reasons and instead source Celanese's Vinyl Acetate Monomer. This agreement reaffirms Celanese's commitment as a key industry partner in China delivering excellence in product quality, production technology and environmental sustainability.

Celanese Corp. Names Michael Stubblefield as Chief Marketing Officer and Jon Mortimer as Chief Technology Officer

Celanese Corp. named Michael Stubblefield as chief marketing officer and Jon Mortimer as chief technology officer.

Celanese Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009 ; Provides Earnings Guidance for the Full Year 2009

Celanese Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net earnings were $399 million and net earnings available to common shareholders were $396 million or $2.76 per basic share and $2.53 per diluted share on net sales of $1,304 million against net earnings were $158 million and net earnings available to common shareholders were $155 million or $1.05 per basic share and $0.97 per diluted share on net sales of $1,823 million for the same period a year ago. Operating profit of $65 million compared to $151 million for the same period a year ago. Earnings from continuing operations before tax of $49 million compared to $152 million for the same period a year ago. Earnings from continuing operations of $399 million or $2.76 per basic share and $2.53 per diluted share compared to earnings from continuing operations of $164 million or $1.09 per basic share and $1.01 per diluted share for the same period a year ago. Adjusted earnings from continuing operations before tax of $119 million compared to $172 million for the same period a year ago. Adjusted earnings from continuing operations of $92 million compared to $127 million for the same period a year ago. Adjusted net earnings for adjusted EPS were $92 million and adjusted net earnings available to common shareholders of $89 million or $0.58 per diluted share against adjusted net earnings for adjusted EPS were $127 million and adjusted net earnings available to common shareholders of $124 million or $0.78 per diluted share for the same period a year ago. Operating EBITDA were $241 million compared to $314 million for the same period a year ago. For the nine months, the company reported net earnings were $483 million and net earnings available to common shareholders were $475 million or $3.31 per basic share and $3.08 per diluted share on net sales of $3,694 million against net earnings were $436 million and net earnings available to common shareholders were $429 million or $2.86 per basic share and $2.63 per diluted share on net sales of $5,537 million for the same period a year ago. Operating profit of $181 million compared to $592 million for the same period a year ago. Earnings from continuing operations before tax of $155 million compared to $617 million for the same period a year ago. Earnings from continuing operations of $483 million or $3.31 per basic share and $3.08 per diluted share compared to earnings from continuing operations of $511 million or $3.36 per basic share and $3.08 per diluted share for the same period a year ago. Net cash provided by operating activities of $408 million compared to $345 million for the same period a year ago. Net debt as at September 30, 2009, $2,284 million. Adjusted earnings from continuing operations before tax of $255 million compared to $683 million for the same period a year ago. Adjusted earnings from continuing operations of $189 million compared to $506 million for the same period a year ago. Adjusted net earnings for adjusted EPS were $189 million and adjusted net earnings available to common shareholders of $181 million or $1.21 per diluted share against adjusted net earnings for adjusted EPS were $506 million and adjusted net earnings available to common shareholders of $498 million or $3.05 per diluted share for the same period a year ago. Operating EBITDA were $620 million compared to $1,101 million for the same period a year ago. The company expect the considerable progress they have made in executing their strategy to deliver significant earnings improvement. These efforts to result in approximately $1.00 per share of increased earnings in 2010.

otc, otcbb, pinksheet, CE, ob Celanese Corp.

CE Competitors

Company Last Change
Eastman Chemical Co $58.76 USD +0.03
Kuraray Co Ltd ¥1,013 JPY -5.00
Lubrizol Corp $74.89 USD +0.84
Wacker Chemie €106.77 EUR -1.06
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation CE Industry Range
Price/Earnings 13.7x
Price/Sales 0.8x
Price/Book 6.1x
Price/Cash Flow 10.3x
TEV/Sales NM Not Meaningful

CE

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CE transactions

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Date
Target
No transactions in the last 6 months.

More Recent News About Celanese Corp.

More news for CE

Celanese net earnings rise to $399M

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China To Lead Global Recovery: Celanese CEO

China will pull the world economy out of the downturn, said David Weidman, the CEO of Celanese [CE  Loading...      ()   ], a $6.4 billion integrated chemical company that reported better than expected earnings on Tuesday.“By far and away, the biggest strength we see is China,” said Weidman. "We're investing in China. We just recently completed an expansion of a ...
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Market Mixes as Investors Eye Consumer Confidence, Dollar

Stocks ended mixed as the Dow squeaked out a gain, while the tech-laden Nasdaq was roughed up a bit. The consumer confidence number was a bit of an unpleasant surprise that stocks did not react well to, and earnings were generally not greeted warmly. With only three more days left for mutual funds to book tax losses this year, we would expect the rest of the week to continue to be a little topsy-turvey. While the January Effect gets a lot of press, investors may want to think about playing a November Effect by picking up some underperformers before the week is out. The Oil Refiner Stocks Index was the top performing tickerspy Index on the day, led by Interoil Corp (NYSE: IOC - News) with a 9% gain.Stocks ended mixed, with the Dow the sole gainer, up 14 points to 9,882. The S&P fell -4 points to 1,063, while the Nasdaq tumbled -1.2%, or -26 points, to 2,116. Oil ended up 87 cents to $79.55 a barrel, while gold slipped -$7.40 to $1,035.40 an ounce. A drop in consumer confidence topped today's economic headlines, as the Conference Board said its Consumer Confidence Index fell to 47.7 in October. Economists were expecting a rise to 53.1. Elsewhere, the Standard & Poor's/Case-Shiller home price index rose 1% month over month in August to a seasonally adjusted reading o...
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Pops & Drops: GameStop, Honda...

Following are the day’s biggest winners and losers. Find out why shares of GameStop and Honda popped while Wynn Resorts and Palm dropped.POPS (stocks that jumped higher)GameStop (GME) popped 2%. The video game retailer said it plans to hire about 15,000 part time workers for the holiday season. - I think that bodes well, says Karen Finerman.Honda Motor (HMC) popped 5%. Japan’s second largest carmaker boosted its earnings forecast for the year. - That's very good, says Tim Seymour.Celanese (CE) popped 9%. The specialty chemical maker beat analysts’ estimates for the third quarter as profits jumped. - I thought the metrics were impressive, says Pete Najarian.LDK Solar (LDK) popped 3%. The company increased its third quarter revenue forecast, above analysts’ estimates.DROPS (stocks that slid lower)Wynn Resorts (WYNN) dropped 11%. This and other casino stocks closed lower after Vegas revenue per room continued to weigh down the sector. - Give it 2 or 3 days before you make a move, says Joe Terranova.Palm (PALM) dropped 6%. BMO downgraded the company to ‘underperform’ from ‘market perform’ , citing a likely miss on guidance in the second half of FY2010....
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CELANESE CORP Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
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Texas Value Investments Return 50+% In Past Year: Douglas Cannon Discusses His Stock Picking Criteria And Current Rationale For Holding Equity Investments

67 WALL STREET, New York - November 4, 2009 - The Wall Street Transcript has just published its TWST Small Cap Value Report offering a timely review of the sector to serious investors and industry executives. This 47 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online. Topics covered: Small-Cap Value - Capital Preservation - Sovereign Bonds - Precious Metals - Value-Investing - Companies with International Exposure - US-listed Chinese Companies - Risk Limitation - Industry-Diversified Portfolios - Long-Term Value - Micro-Cap Companies - Turnaround Situations - Strategic Buying - Fundamental Analysis Companies include: Bridgepoint Education (BPI); Compass Minerals (CMP); Flexsteel (FLXS); Hardinge Corp (HDNG); Phillips-Van Heusen (PVH); Adobe (ADB); Affiliated Computer Services (ACS); Alliance Data Systems (ADS); American Water Works (AWK); Atlantic Tele-Network (ATNI); Celanese Chemical (CE); CenturyTel (CTL); Clean Energy Fuels (CLNE); Consolidated Graphics (CGX); Dell (DELL); Dillard's Department Stores (DDS); Drew Industries (DW); Educational Development Corporation (EDUC); First Acceptance Corp (FAC); Forestar Group (FOR); Fresh Del Monte (FDP); Hain Celestial (HAIN); Harbin Electric (HRBN); Huron Consulting (HURN); IMAX (IMAX); IMS Health (RX); Kennametal (KMT); Lamar Advertising (LAMR); NBTY (NTY); Nature's Sunshine Products (NATR); Nobility Homes (NOBH); Omniture, Inc. (OMTR); Perot Systems (PER); Pfizer (PFE); SPDR Barcla...
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Celanese Announces Strategic Vinyl Acetate Contract in China

Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....
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This Chemical Company Will Rally into 2010: Trader

Eastman Chemical broke out of a three-month range this week, and one trader is making a large bet that the stock will continue rising into 2010. Nearly 80 percent of yesterday's option activity in the name took place in a single block of 4,500 calls bought at the January 60 strike for $2.70 yesterday afternoon, according to OptionMonster's real-time tracking systems. The strike's activity was far above the average daily volume of 6 calls and nine times the open interest of 541 contracts, reflecting newly established positions. Eastman Chemical [EMN  Loading...    ...
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