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Ashland CEO took pay cut for ’08

Ashland Inc. CEO Jim O’Brien took a 25 percent pay cut, down to $4.8 million in fiscal 2008, as both cash compensation and long-term incentive compensation declined from 2007. (ASH)

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Ashland Inc. Files Form 10-K With SEC

Ashland Inc. (NYSE: ) provides specialty chemical products, services and solutions for many of the world's most essential needs and industries. Serving customers in more than 100 countries, it operates through five commercial units: Ashland Hercules Water Technologies, Ashland Performance Materials, Ashland Aqualon Functional Ingredients, Ashland Consumer Markets (Valvoline) and Ashland Distribution....

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Ashland Inc. Chairman and CEO O'Brien Speaks at Citi Chemicals Conference

COVINGTON, Ky., Nov. 21 /PRNewswire-FirstCall/ -- James J. O'Brien, chairman and chief executive officer, Ashland Inc. (NYSE: ), will make a presentation at the 19th Annual Citi Chemicals Conference in New York, N.Y., on Tuesday, Dec. 2, 2008, at 9:45 a.m. (EST). In his remarks to representatives of investment institutions, O'Brien will provide an overview of the company's structure and operations...

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Ashland cuts dividend, stock suffers

Ashland Inc., citing economic conditions, cut its quarterly dividend by almost 75 percent. (ASH)

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Ashland cuts dividend, stock suffers

Ashland Inc., citing economic conditions, cut its quarterly dividend by almost 75 percent, a move that sent its stock plummeting early Thursday. (ASH)

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Ashland cuts quarterly dividend by 73%

NEW YORK (MarketWatch) - Ashland Inc. said Thursday it will cut its quarterly cash dividend to 7.5 cents a share from 27.5 cents a share. The dividend is payable Dec. 15 to shareholders of record as of the close of business on Dec. 1. "The board has chosen to set the dividend at a yield that is currently more consistent with the specialty chemical sector," the Covington, Ky. company said. "The new...

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Ashland Inc. Chairman and CEO O'Brien Speaks at Bank of America 2008 Credit Conference

Ashland Inc. (NYSE: ) provides specialty chemical products, services and solutions for many of the world's most essential needs and industries. Serving customers in more than 100 countries, it operates through five commercial units: Ashland Hercules Water Technologies, Ashland Performance Materials, Ashland Aqualon Functional Ingredients, Ashland Consumer Markets (Valvoline) and Ashland Distribution....

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Ashland closes $2.6B deal

COVINGTON - Chemical maker Ashland Inc. today completed its $2.6 billion acquisition of paper chemical manufacturer Hercules Incorporated.

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Ashland closes deal for Hercules

Ashland Inc. has completed its $3.1 billion acquisition of Delaware specialty chemical maker Hercules Inc., creating a $10 billion company. (ASH)

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Ashland completes Hercules buy, names senior managers

Ashland Inc. (NYSE: ASH) has completed on schedule the $3 billion acquisition of Hercules Inc., a maker of specialty chemicals based in Wilmington, Del., the company said Thursday. (ASH)

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S&P cuts Hercules, Ashland ratings on acquisition

SAN FRANCISCO (MarketWatch) -- Standard & Poor's lowered its corporate credit ratings on Ashland Inc. and Hercules Inc. to BB- from BB+ on the acquisition of Hercules by Ashland. The outlook is stable. "The lower rating is based on our current expectation of somewhat weaker earnings and cash flow in 2009 than in 2008, versus our earlier expectation that earnings and credit measures would begin to...

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Ashland Inc. Completes New Management Team

The new management team announced by O'Brien is as follows: Lamar M. Chambers, senior vice president and chief financial officer; Robert M. Craycraft, president, Ashland Distribution; Susan B. Esler, vice president, Human Resources and Communications; Theodore "Ted" Harris, president, Global Supply Chain; Environmental, Health and Safety (EH&S); and Information Technology; David L. Hausrath,...

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S&P dropping Ashland Inc. from 500

Standard & Poor's is removing Covington-based Ashland Inc. from its S&P 500 index.

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Ashland moved out of S&P 500

Ashland Inc.’s stock fell Tuesday after Standard & Poor’s Corp. announced it was moving the company to its S&P MidCap 400 from the S&P 500. (WYNN) (ASH)