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Bayer sells mandatory convertible bond back to Lanxess
08-06-2005
The Bayer Group has sold the mandatory convertible bond it purchased in September 2004 back to Lanxess AG at a transaction price exceeding the nominal value. The sale of this bond is in line with Bayer's previously stated intent that it would not pursue a strategic interest with respect to ...
CEM Corporation increases revenues
06-05-2005
CEM Corporation, a leading provider of microwave laboratory instrumentation, announced results for its second fiscal quarter ending March 31, 2005. Revenue for the quarter was $13.4 million, compared to $12.2 million the previous year, a 10% increase. For the six-month period ending March 31, ...
Resolutions at the Annual General Meeting in Biotage AB
02-05-2005
At the Annual General Meeting held in Biotage AB on April 27, 2005, the following resolutions were passed, among others. Appropriation of the company's result The General Meeting resolved, in accordance with the proposal by the Board of Directors and the Managing Director, that no dividend ...
BASF plans to buy back shares for a further EUR1.5 billion
21-04-2005
The Board of Executive Directors of BASF Aktiengesellschaft, Ludwigshafen, has decided to continue with the company's share buyback program, and plans to buy back shares for a further EUR1.5 billion in the course of 2005. The buyback can start in April. The aim of buying back shares is to ...
Bachem 2004 results with positive outlook for 2005
12-04-2005
The Bachem Group announced results for fiscal year 2004 and provided a forecast for 2005. Sales increased by 5.0 percent in local currencies in 2004 as a result of sales growth of 13.9 percent in the US market and constant sales in Europe. Generics sales grew by 22.5 percent, driven primarily ...
NOVA Chemicals' year-end results show strength
11-04-2005
NOVA Chemicals' President and Chief Executive Officer, Jeffrey M. Lipton, reported at the company's annual shareholder meeting that NOVA Chemicals' earnings rose to U.S. $252 million in 2004 after three years of losses. In 2004, NOVA Chemicals' operated businesses earned U.S. $186 million, a ...
Dow Releases Its 2004 Report to Stockholders
31-03-2005
In his first letter to stockholders since being appointed Dow Chemical president and chief executive officer last November, Andrew Liveris summed up 2004 as a year of significant progress: earnings were up, net debt was down and total shareholder return exceeded most companies in the chemical ...
Air Products initiates $500 Million Share Repurchase Program
22-03-2005
The Board of Directors of Air Products has authorized a $500 million share repurchase program, reflecting the company's strong financial position. The Board of Directors also increased the quarterly dividend on the company's stock to 32 cents per share from 29 cents, a 10% increase. "Air ...
BASF in best form: 2004 financial results
11-03-2005
BASF - The Chemical Company - announced its financial results for 2004 at its Annual Press Conference in Ludwigshafen. The company presented hard facts that showed how it successfully achieved its challenging goals in 2004. "The entire BASF team put in a top performance. And we again ...
Sartorius presents preliminary figures for fiscal 2004: Earnings more than Doubled
23-02-2005
The Sartorius Group more than doubled its earnings and substantially increased its sales revenue according to the preliminary figures for fiscal 2004. Earnings before interest and taxes (EBIT) surged 121.5% to 32.5 million euros from 14.7 million euros a year earlier. At 54.8 million euros, ...
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