Hints and tips:
...Perhaps one of the best was Croda, a Yorkshire business that extracted lanolin — the grease found in sheep wool — for cosmetics, leather dressing and as a waterproofing agent....
...“The strategic decision was based on the competition for capital within Croda,” said Steve Foots, chief executive of the producer of lipids for BioNTech/Pfizer’s messenger RNA Covid vaccine....
...creditors (FT) Jack Ma’s investment firm raises $3bn as foreign capital chases China (The Information) UK electric vehicle group Arrival to list in US through Spac deal (FT + Lex) UK chemicals group Croda...
...Market speculation in recent days had linked Croda with a possible offer of around $93 a share for Ashland, which would have given the US group a market value of $5.7bn and would likely have required Croda...
...They fell another 2 per cent on Tuesday when Croda put a number on its pain....
...Chemicals maker Croda lost 2.6 per cent to £23.17 with HSBC negative. Poor results last week were “the ninth in the past 11 quarters where consensus sales forecasts were missed”....
...Croda International , the speciality chemicals maker, climbed 3.4 per cent to £24.37 on an “overweight” recommendation from JPMorgan Cazenove....
...Croda International fell 2.6 per cent to £22.61 and Yule Catto lost 4.7 per cent to 153p....
...“After more than 42 memorable years with Croda I have decided to retire,” Mr Humphrey said. “Croda is a terrific business with strong growth prospects and a dynamic and experienced management team....
...Company of the Year Winner: Oxford Instruments Shortlist: Croda International, NCC Group, TelecityGroup Award sponsor: College Hill More than half a century on from its humble beginnings as a university...
...Chemicals maker Croda International dropped 3.2 per cent to £18.20, leading the mid-cap fallers....
...- Corporate: Pendragon, Camco, Drax Group, Brammer, Kerry, Morgan Sindell, Croda International, Avocet Mining, Leeds Building Society, Minerva, Dragon Oil, Savile, Dechra Pharmaceuticals, Hargreaves Services...
...Shares in Croda fell 45p on Thursday to £14.70....
...Chemicals companies Croda International , up 1.4 per cent to £17.18, and Elementis , 4.1 per cent stronger at 156p, were in demand after France’s Rhodia recommended a €3.4bn cash offer from Solvay....
...involved in one of the programme’s early success stories, the creation of its Olay Regenerist anti-ageing creams, which was built around molecular peptides developed by Sederma, a French company, part of the Croda...
...Croda led the mid-cap risers, up 9.7 per cent to £16.39, after full-year results from the chemicals maker beat expectations....
...It was a similar story for Croda, the chemicals maker, which slipped 3 per cent to £14.70 after its results only matched expectations....
...The broker was also positive on Croda, up 4.7 per cent to £15.22....
...“Croda is also a possible takeover target in a subsector bereft of sizeable quoted plays,” the broker added....
...Vague bid speculation helped squeeze Croda , the speciality chemicals maker, up 1.3 per cent to £15.15....
...Merrill Lynch said that Croda may be drawn into an auction for Cognis and could itself become viewed as a consolidation target....
...Morgan Stanley downgraded on valuation grounds as part of a chemicals sector review, which advised clients to switch into smaller peers, Yule Catto, up 0.7 per cent to 145p, and Croda, down 1.2 per cent...
...Chemical maker Croda rose 3.2 per cent to 602½p after a recently appointed non-executive director bought stock....
...Chemicals maker Croda fell 5.2 per cent to 529½p in reaction to a downgrade to “in-line” from Cazenove....
...A warning that the strong pound would affect profits left Croda International, the chemicals company, 5 per cent lower at 634p....
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