Core Summary - The Schall Law Firm is investigating potential securities law violations by Celanese Corporation on behalf of investors [1] - The investigation centers on whether Celanese issued false or misleading statements or failed to disclose material information to investors [2] - Celanese reported a slight decline in net sales for Q3 2024 compared to the previous quarter [2] - The company faced a severely constrained demand environment, particularly in the automotive sector [2] - Earnings fell short of expectations despite value-enhancing initiatives [2] - The former CEO stated that additional measures are being taken to address current challenges and position the company for long-term success [2] Company Performance - Celanese's Q3 2024 net sales were down slightly from the previous quarter [2] - The company's earnings fell short of expectations due to a constrained demand environment [2] - Value-enhancing initiatives were implemented but were increasingly offset by market conditions [2] Industry Context - The automotive sector experienced a swift degradation in demand, impacting Celanese's performance [2] - The overall demand environment was severely constrained during the reporting period [2] Legal Investigation - The Schall Law Firm is investigating potential securities law violations by Celanese [1] - The investigation focuses on possible false or misleading statements and failure to disclose material information [2] - Shareholders who suffered losses are encouraged to participate in the investigation [2]

Dividend stocks are usually thought of as a way to provide stable, passive returns. However, the magnitude of their importance is often overlooked. Since 1926, dividends have accounted for roughly 32% of the total return of the S&P 500. Failing to capitalize on these regular payments is a surefire way to ensure substandard gains.There is always a delicate balance that needs to be found — capital appreciation is one of the most reliable ways to determine whether or not a business will be able to maintain or ...

2024 has been a generally outstanding year for the stock market, with the S&P 500 (^GSPC 0.82%) up by nearly 30% year to date as of Dec. 11. However, not all stocks have performed nearly this well –- in fact, some components of the S&P 500 have underperformed the benchmark index by as much as 90 percentage points.Here are the five worst-performing stocks in the S&P 500 in 2024, and what to keep in mind before you buy any of them.Company (Stock Symbol)Price change YTDWalgreens Boots Alliance (WBA -5.57%)-60. ...

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A month has gone by since the last earnings report for Celanese (CE) . Shares have lost about 20.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Celanese due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Celanese's Q3 Earnings and Revenues Miss Estimates, Decline ...

Celanese Corporation (CE) and Henkel Corporation, a global leader in adhesives, sealants and functional coatings, have collaborated to improve circularity in emulsion production by incorporating carbon capture-based materials.Celanese commenced a carbon capture and utilization (CCU) project at its Clear Lake, TX facility earlier this year as part of its Fairway Methanol joint venture with Mitsui & Co., Ltd. The CCU technology absorbs industrial CO2 emissions and uses hydrogen to convert them into methanol, ...

If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!In the final days of 2023, I observed that investors in Celanese Corporation ( CE ) saw a sign of relief. This followed a tough time following the purchase of DuPont's Materials & Mobility busines ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-32410 CELANESE CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 98- ...

Key TakeawaysDeutsche Bank upgraded Celanese stock to "buy," saying yesterday's big selloff was overdone.The bank's analysts called the chemical supplier's problems "painful but transitory."The analysts called Celanese a "high-quality" company. Their price target calls for appreciation, but is below the Street's consensus. Shares of Celanese (CE) dropped 26% yesterday. At least one Wall Street analysts says it's time to get back on board. The chemical supplier's shares, which plummeted yesterday after a di ...

Financial Performance - Celanese missed profit and sales forecasts with Q3 EPS of $2 44 and revenue down 2 8% to $2 65 billion [1] - The company anticipates current-quarter EPS of $1 25 which is less than half of analysts' estimates [1] Market Reaction - Celanese was the worst-performing stock in the S&P 500 on Tuesday with shares down 25% in afternoon trading and off about 40% year-to-date [1] - The stock price dropped to 93 19 a decrease of 31 62 (25 33%) [2] Cost-Cutting Measures - Celanese is cutting costs by slashing dividends by 95% reducing the quarterly dividend from $0 70 per share [1] - The company plans to idle production plants in every region and raise $200 million through an inventory release this quarter [1] Demand Environment - Celanese faced "persistent demand weakness" in key end-markets like paints coatings and construction as well as rapid downturns in Western Hemisphere automotive and industrial segments [1] - The CEO warned that demand conditions are expected to worsen in the fourth quarter [1]