Eastman Chemical News

Salesforce.com was upgraded today by Oppenheimer from perform to outperform with a price target of $180, as the company has been experiencing fast organic growth.

Shares of Eastman Chemical opened at 47.00 on Friday. Eastman Chemical has a 52 week low of $32.445 and a 52 week high of $55.53. The company has a market cap of $6.484 billion and a P/E ratio of 10.88. Eastman Chemical last announced its earnings results on Thursday, April 26th.

Eastman Chemical Co secured EU approval on Friday for its $3.4 billion acquisition of Solutia Inc, a provider of chemicals for products ranging from iPads to tyres.

America's reliance on fuel imports has sucked vigor from its economy for decades.

Media Advisory Issued May 24, 2012 Diversified Industries Curt Espeland, Senior Vice President and Chief Conference Financial Officer Eastman Chemical Company , will address the Diversified Industries Conference, sponsored by JP Morgan, in New York City, on June 5 at 3:30 p.m. ET.

Bristol businessman Frank Leonard and his wife, Jackie, have been honored by the Wellmont Foundation for their philanthropy work to improve health care in the region.

At a Senate Environment and Public Works Committee Hearing on corporate environmental responsibility and innovation last week, U.S. Senator Lamar Alexander praised Tennessee-based Eastman Chemical Company and FedEx on their ability to "save resources and save money" through sustainability.

"From FedEx, the medical device industry and the TVA Megasite in West Tennessee, to the health care and entertainment industries in Middle Tennessee, to Volkswagen, UT, Oak Ridge National Laboratory and Eastman Chemical in East Tennessee, there are unique opportunities in every region of the state to recruit to our strengths and create high-quality ... (more)

ConocoPhillips is expected to make an additional $5 billion investment to ramp up its operations in Malaysia, the New Straits Times daily reported Saturday citing Malaysia's Prime Minister Najib Razak.

's stock had its "outperform" rating restated by Zacks in a research report issued to clients and investors on Thursday.

Up and going: In bright industry news for the mainland, Kingsport, Tenn.-based Eastman Chemical Co.

Media Advisory Issued May 9, 2012 Basic Materials Conference Ron Lindsay, Executive Vice President Eastman Chemical Company , will address the Basic Materials Conference, sponsored by Goldman Sachs, in New York City, on May 23 at 9:10 a.m. ET.

KINGSPORT, Tenn., May 3, 2012 - At the Eastman Chemical Company annual meeting, stockholders: * reelected directors Stephen R. Demeritt, Robert M. Hernandez, Julie F. Holder, Lewis M. Kling and David W. Raisbeck to one-year terms; * approved, on an advisory basis, the compensation of the company's executive officers as disclosed in the annual ... (more)

For Immediate Release Kingsport, Tenn., April 30, 2012 - Eastman Chemical Company was one of 19 American Chemistry Council members honored today at the annual ACC Responsible CareA Conference and Expo in Washington, D.C. for implementing energy-efficiency improvements in 2011.

The firm currently has a "neutral" rating on the stock. The analysts wrote, "Eastman reported a stronger-than-expected performance in segment income partly offset by higher spending on early business development projects.

KINGSPORT, Tenn., April 30, 2012 - Eastman Chemical Company today announced it has completed the retrofit and startup of its non-phthalate plasticizer manufacturing facility in Texas City, Texas.