Category Archives: MATERIALS

James Hardie Industries Plc Despite modest growth, margins are witnessing pressure

Despite modest growth, margins are witnessing pressure:James Hardie Industries Plc (ASX: JHX) stock plunged 7.8% on May 18, 2017 while the group reported its Q4FY17 results wherein net sales for the quarter and full year grew by 13% year on year (yoy) and 11% yoy to US$494.3 million, US$1,921.6 million, respectively. The sales were favorably impacted by higher sales volumes

Read more

The Board of Quintis was informed on May 09 Galderma’s contract termination is weighing on stock

Galderma’s contract termination is weighing on stock:The Board of Quintis was informed on May 09, 2017 that Galderma (subsidiary of Nestle) had terminated the supply arrangements with Santalis (wholly-owned subsidiary of Quintis) on 16 December 2016. Further, under the termination agreement, Galderma had retained an option to recall the license and supply arrangements on or prior to 1 July 2017.

Read more

Pact Group Holdings Ltd Weak outlook dragged the stock downwards

Weak outlook dragged the stock downwards: Pact Group Holdings Ltd (ASX: PGH) stock lost over 10.6% on May 03, 2017 as the group gave out a weak FY17 outlook. The group reported that the demand was subdued in the month of April while the rigid packaging businesses performance has been very weak. Accordingly, the group forecasts their FY17 earnings to

Read more
« Older Entries