huntsman corp (HUN) Key Developments
Huntsman Corporation Declares Second Quarter 2013 Common Dividend Payable on June 28, 2013
May 6 13
Huntsman Corporation announced that the company's board of directors has declared a $0.125 per share cash dividend on its common stock. The dividend is payable on June 28, 2013, to stockholders of record as of June 14, 2013.
Huntsman Corporation Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2013; Provides Capital Expenditures and Tax Rate Guidance for the Year 2013
Apr 30 13
Huntsman Corporation reported unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, revenues were $2,702 million against $2,913 million last year. Operating income was $50 million against $285 million last year. Loss before income taxes was $35 million against $1 million last year. Loss from continuing operations was $15 million against income from continuing operations of $167 million last year. Net loss attributable to the company was $24 million or $0.10 per basic and diluted share against net income attributable to the company of $163 million or $0.68 per diluted share last year. Adjusted EBITDA was $220 million against $407 million last year. Adjusted net income was $46 million against $186 million last year. Adjusted diluted income per share was $0.19 against $0.77 last year. Total capital expenditures were $89 million. Net debt- excluding affiliates was $3,531 million as on March 31, 2013 compared to $3,306 million as on December 31, 2012. Adjusted pre-tax income was $73 million against $250 million last year. Net cash used in operating activities was $85 million.
The company expects to spend approximately $450 million on capital expenditures in 2013 which approximates annual depreciation and amortization. The company expects full year 2013 adjusted effective tax rate to be approximately 35% primarily due to the effect of tax valuation allowances and expected regional mix of income.
Huntsman Corporation Presents at Goldman Sachs Basic Materials Conference 2013, May-22-2013 11:45 AM
Apr 27 13
Huntsman Corporation Presents at Goldman Sachs Basic Materials Conference 2013, May-22-2013 11:45 AM. Venue: Goldman Sachs Conference Center, 200 West Street, New York, New York, United States.
Huntsman Corporation Presents at Barclays Chemical ROC Stars Conference, May-07-2013 09:00 AM
Apr 26 13
Huntsman Corporation Presents at Barclays Chemical ROC Stars Conference, May-07-2013 09:00 AM. Venue: New York, New York, United States. Speakers: Peter R. Huntsman, Chief Executive Officer, President, Director and Member of Litigation Committee.
Huntsman Corporation to Report Q1, 2013 Results on Apr 30, 2013
Apr 9 13
Huntsman Corporation announced that they will report Q1, 2013 results at 6:00 AM, US Eastern Standard Time on Apr 30, 2013