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The Business First of Louisville (Free subscription) | 02/12/2008
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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PR News Wire (Free subscription) | 26/11/2008
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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PR News Wire (Free subscription) | 21/11/2008
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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The Business First of Louisville (Free subscription) | 20/11/2008
Ashland Inc., citing economic conditions, cut its quarterly dividend by almost 75 percent. (ASH)
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The Business Courier of Cincinnati (Free subscription) | 20/11/2008
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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Market Watch (Free subscription) | 20/11/2008
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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PR News Wire (Free subscription) | 18/11/2008
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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Cincinnati Enquirer (Free subscription) | 14/11/2008
COVINGTON - Chemical maker Ashland Inc. today completed its $2.6 billion acquisition of paper chemical manufacturer Hercules Incorporated.
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Market Watch (Free subscription) | 14/11/2008
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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PR News Wire (Free subscription) | 14/11/2008
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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The Business First of Louisville (Free subscription) | 11/11/2008
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)