The Dow Chemical Company (NYSE:DOW) the biggest U.S. chemical maker by sales, received preliminary approval to sell a new version of its 2,4-D herbicide aimed at stopping the spread of weeds no longer killed byMonsanto Co. (MON)’s Roundup. The Dow Chemical Company (NYSE:DOW) shares after opening at $48.71 moved to $49.95 on last trade day and at the end of the day closed at $49.90 . Company price to sales ratio in past twelve months was calculated as 1.06 and price to cash ratio as 13.76. The Dow Chemical Company (NYSE:DOW) showed a positive weekly performance of 1.07%.
Huntsman Corporation (NYSE:HUN) reported first quarter 2014 results with revenues of $2,755 million and adjusted EBITDA of $329 million. Huntsman Corporation (NYSE:HUN) shares fell -0.32% in last trading session and ended the day on $25.05. HUN return on equity ratio is recorded as 7.10% and its return on assets is 1.40%. Huntsman Corporation (NYSE:HUN) yearly performance is 36.07%.
ACETO Corporation (NASDAQ:ACET) a global leader in the marketing, sale and distribution of products for Human Health, Pharmaceutical Ingredients and Performance Chemicals, announced that its wholly-owned subsidiary, Rising Pharmaceuticals (“RISING”), has closed the acquisition of 100% of the equity interests of PACK Pharmaceuticals, LLC (“PACK”), a national marketer and distributor of generic prescription and over-the-counter pharmaceutical products. The total transaction value is approximately $100 million. Aceto Corporation (NASDAQ:ACET) shares moved down -1.35% in last trading session and was closed at $21.88 while trading in range of $21.64- $22.21 – Aceto Corporation (NASDAQ:ACET) year to date (YTD) performance is -12.23%.
Rentech Nitrogen Holdings, Inc. (NASDAQ:ACET) an indirect wholly owned subsidiary of Rentech, Inc. (the “Company”), entered into a Term Loan Credit Agreement (the “Credit Agreement”) among the Borrower, certain funds managed by or affiliated with GSO Capital Partners LP, as lenders, Credit Suisse AG, Cayman Islands Branch, as administrative agent and each lender from time to time party thereto. The Company expects that the new facility will be used to fund the acquisition and development of its wood pellet and wood fibre businesses and for general corporate purposes. Aceto Corporation (NASDAQ:ACET) weekly performance is -1.85 %. On last trading day company shares ended up $2.12. Aceto Corporation (NASDAQ:ACET) distance from 50-day simple moving average (SMA50) is 9.22%. Analysts mean target price for the company is $2.64.