Latest Kronos Worldwide Inc (KRO) Headlines
Kronos Worldwide (KRO) in Focus: Stock Moves 6.8% Higher - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 14, 7:37AM CDT
Kronos Worldwide, Inc. was a big mover last session, as the company saw its shares rise nearly 7% on the day.
NYSE stocks posting largest percentage increases
AP - Thu Mar 13, 5:05PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
Kronos Worldwide Announces Fourth Quarter 2013 Results
Thomson Reuters ONE - Wed Mar 12, 4:46PM CDT
DALLAS, TEXAS.March 12, 2014. Kronos Worldwide, Inc. (NYSE:KRO) today reported net income for the fourth quarter of 2013 of $2.9 million, or $.03 per share, compared to a net loss of $18.1 million, or $.16 per share, in the fourth quarter of 2012. For the full year of 2013, Kronos Worldwide reported a net loss of $102.0 million, or $.88 per share, compared with net income of $218.5 million, or $1.89 per share in 2012. Comparability of the Company's results for the fourth quarter periods was impacted by lower income from operations in 2013 principally due to lower average TiO2 selling prices, partially offset by lower raw materials costs. Comparability of the full year periods was impacted by lower income from operations in 2013, principally due to lower average TiO2 selling prices, higher raw materials and other production costs and a litigation settlement charge in 2013, as discussed further below. Comparability of the Company's results for the fourth quarter and full year of 2013 was also impacted by unabsorbed fixed production and other costs associated with the labor lockout at our Canadian plant, and costs resulting from the terms of a new collective bargaining agreement reached with our unionized Canadian workforce and other back-to-work expenses, as discussed further below.
Why Wells Fargo Upgraded Kronos Worldwide (KRO)
at The Street - Mon Mar 03, 8:15AM CST
Wells Fargo upgraded Kronos Worldwide (KRO) to "market perform" on Monday. Analysts justified the ratings revision as a valuation call as the stock is down 23% over the past couple of weeks.
Upgrade Alert for Kronos Worldwide (KRO)
Comtex SmarTrend(R) - Mon Mar 03, 7:00AM CST
Kronos Worldwide (NYSE:KRO) was upgraded from Underperform to Market Perform at Wells Fargo today. The stock closed yesterday at $15.28 on volume of 204,000 shares, below average daily volume of 233,000. In the past 52 weeks, Kronos Worldwide share prices have been bracketed by a low of $14.44 and a high of $19.20 and closed yesterday at $15.28, 6% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.2%.
Concise Analysis of the International Colorants Market - Forecast to 2018
M2 - Mon Feb 24, 3:31AM CST
Research and Markets (http://www.researchandmarkets.com/research/92dwr7/colorants_market) has announced the addition of the "Concise Analysis of the International Colorants Market - Forecast to 2018" report to their offering. The global pigments market is projected to grow at a CAGR of 4% from 2013 to 2018. In the pigments market, TiO2 holds the maximum share. The demand for organic pigments is expected to grow mainly due to increasing demand for high performance pigments. However, growth in the organic pigments will be restricted due to its high cost as compared to inorganic pigments. Colorants have large number of applications such as paints and coatings, textile, construction, printing inks, and plastics. Growth will be partly driven by turnaround in these key markets and increasing need for colorants in these applications. In the colorants market, Asia-Pacific accounts for the largest market share. The developing economies such as China and India are expected to show faster growth as compared to developed economies such as Europe and U.S. The driving factors for the growth in these regions are increasing demand on the domestic front, growing middle class, and increasing income levels. The important players in the colorant market are concentrating on expanding their capacity. Some of the key players include Kiri Industries Ltd (India), Clariant International Ltd (Switzerland), BASF (Germany), Cabot Corp (U.S.), E.I. Du Pont De Nemours & Co. (U.S.), ECKART GmbH (Germany), Huntsman Corporation (U.S.), Kronos Worldwide Inc. (U.S.), LANXESS AG (Germany), CRISTAL (Saudi Arabia), and Rockwood Holdings Inc. (U.S.). Key Topics Covered: 1 Introduction 2 Executive Summary 3 Premium Insight 4 Market Overview 5 Colorants Market, By Types 6 Colorants Market, By Geography 7 Competitive Landscape 8 Company Profiles Companies Mentioned: - Atul Ltd - Basf Se - Cabot Corp - Clariant International Ltd - Cps Color Ag - Dic Corp - EI Du Pont De Nemours & Co - Eckart Gmbh - Flint Group - Heubach Gmbh - Huntsman Corporation - Kiri Industries Ltd - Kronos Worldwide Inc - Lanxess Ag - National Industrialization Co - Rockwood Holdings Inc - Sudarshan Chemical Industries - The Shepherd Color Company - Tinting Systems Company - Tronox Ltd - Zhejiang Longsheng Group Co Ltd For more information visit http://www.researchandmarkets.com/research/92...nts_market
KRONOS WORLDWIDE, INC. ANNOUNCES QUARTERLY DIVIDEND
Thomson Reuters ONE - Wed Feb 19, 4:30PM CST
DALLAS, TEXAS - February 19, 2014 - Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular quarterly dividend of fifteen cents ($0.15) per share on its common stock, payable on March 20, 2014 to stockholders of record at the close of business on March 10, 2014.
KRONOS WORLDWIDE COMPLETES $350 MILLION TERM LOAN B FINANCING
Thomson Reuters ONE - Tue Feb 18, 4:05PM CST
DALLAS, TEXAS.February 18, 2014. Kronos Worldwide, Inc. (NYSE:KRO) today announced it has completed a new $350 million senior secured term loan B. The Company used $170 million of the net proceeds of the new term loan to prepay the outstanding principal balance of the Company's note payable to Contran Corporation (along with accrued and unpaid interest through the prepayment date), and such note payable was cancelled. The remaining net proceeds of the $350 million term loan will be used for general corporate purposes.
7.7% Return Seen to Date on SmarTrend Kronos Worldwide Call (KRO)
Comtex SmarTrend(R) - Fri Feb 14, 11:23AM CST
SmarTrend identified a Downtrend for Kronos Worldwide (NYSE:KRO) on January 21st, 2014 at $16.76. In approximately 3 weeks, Kronos Worldwide has returned 7.73% as of today's recent price of $15.46.
Form 144: Filing to Sell 6000 Shares of World Acceptance Corp (S.C.) (WRLD)
Vickers Stock Research - Fri Feb 14, 4:17AM CST
DALLAS, TEXAS...February 14, 2013...Kronos Worldwide, Inc. (NYSE: KRO) today announced that it expects to report net sales for the fourth quarter of 2012 of $397.8 million compared to net sales of $437.4 million in the fourth quarter of 2011. The decrease in net sales in the fourth quarter of 2012 is primarily due to a 14% decrease in average TiO2 selling prices, partially offset by a 6% increase in sales volumes, which increased from 97,000 metric tons in the fourth quarter of 2011 to 102,000 metric tons in the fourth quarter of 2012. The Company's average TiO2 selling prices at the end of 2012 were 17% lower than at the end of 2011. The Company also expects to report segment profit in the fourth quarter of 2012 of approximately $5.7 million compared to segment profit of $145.9 million reported in the fourth quarter of 2011. The expected decrease in segment profit is due primarily to the negative effects of lower average TiO2 selling prices, lower production volumes (which decreased 20% from 141,000 m
Fitch Rates Kronos Worldwide's Proposed Sr. Sec. Term Loan 'BB-'; Outlook Negative
Business Wire - Mon Feb 10, 1:05PM CST
Fitch Ratings rates the proposed $275 million, six-year, senior secured term loan 'BB-'. The Rating Outlook is Negative. The facility is to benefit from upstream guarantees and is to be secured by equity interests, intercompany loans and a second lien in domestic accounts receivable and inventory. The facility is not expected to have maintenance financial covenants. Proceeds are to be used to repay the Contran term loan and for general corporate purposes. A complete list of ratings is at the end of this release.
12.0% Return Seen to Date on SmarTrend Kronos Worldwide Call (KRO)
Comtex SmarTrend(R) - Wed Feb 05, 9:58AM CST
SmarTrend identified a Downtrend for Kronos Worldwide (NYSE:KRO) on January 21st, 2014 at $16.76. In approximately 2 weeks, Kronos Worldwide has returned 11.97% as of today's recent price of $14.75.
Fitch Revises Outlook on Kronos Worldwide and Kronos International's 'BB-' IDR to Negative
Business Wire - Mon Feb 03, 9:13AM CST
Fitch Ratings has affirmed and revised the Ratings Outlooks for the 'BB-' Issuer Default Ratings (IDRs) for Kronos Worldwide, Inc. (NYSE: KRO) and Kronos International, Inc. to Negative from Stable. A complete list of ratings actions is at the end of this release.
KRONOS WORLDWIDE ANNOUNCES PRELIMINARY RESULTS FOR THE FOURTH QUARTER AND FULL YEAR OF 2013
Thomson Reuters ONE - Thu Jan 30, 7:01AM CST
DALLAS, TEXAS.January 30, 2014. Kronos Worldwide, Inc. (NYSE:KRO) today announced that it is exploring the possibility of accessing the debt capital markets and that it expects to report net sales for the fourth quarter of 2013 of $368.6 million compared to net sales of $396.8 million as reported in the fourth quarter of 2012. For the full year of 2013, the Company expects to report net sales of $1,732.4 million compared to net sales of $1,976.3 million in 2012. The expected decrease in net sales is due primarily to lower average TiO2 selling prices partially offset by higher sales volumes in the full year period of 2013. The Company's TiO2 sales volumes for the full year of 2013 are expected to be approximately 498,000 metric tons, or 6% higher than the full year of 2012. TiO2 sales volumes in the fourth quarter of 2013 are expected to be approximately 101,000 metric tons, or 1% lower than the fourth quarter of 2012. TiO2 sales volumes in the fourth quarter of 2013 were impacted by the continued lockout of unionized employees at the Company's Canadian TiO2 facility, and the resulting curtailment of production at such facility during the lockout. A new collective bargaining agreement with the Canadian workforce was reached in December 2013, and production at the facility will resume in the first quarter of 2014. The Company's average TiO2 selling prices in the fourth quarter of 2013 are expected to be approximately 10% lower than the fourth quarter of 2012, and average TiO2 selling prices in the full year of 2013 are expected to be 19% lower than the full year of 2012. The Company's average TiO2 selling prices in the fourth quarter of 2013 were 1% higher as compared to the third quarter of 2013.
This Late Billionaire's Most Interesting Holding
Bob Chandler, The Motley Fool - Motley Fool - Sun Jan 12, 2:02PM CST
Renowned takeover artist and financier Harold Simmons passed away recently. Thanks to a savvy investing instinct, he was able to amass a multi-billion dollar empire during his life. One of his holdings included Kronos Worldwide , a titanium...
Why Valhi, Organovo Holdings, and Immunomedics Are Today's 3 Best Stocks
Sean Williams, The Motley Fool - Motley Fool - Tue Dec 31, 4:15PM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. Perhaps it's only fitting that on the final day of the year...
Kronos Worldwide (KRO) Jumps: Stock Rises 8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Dec 31, 8:18AM CST
Kronos Worldwide, Inc. (KRO) was a big mover last session, as the company saw its shares rise by almost 8% on the day.
Why Trina Solar Limited, Yingli Green Energy Hold. Co. Ltd, and Kronos Worldwide, Inc. Soared Today
Dan Caplinger, The Motley Fool - Motley Fool - Mon Dec 30, 7:01PM CST
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis. Monday's trading was relatively quiet, with mixed...
Kronos Worldwide (KRO) in Focus: Stock Moves 6.8% Higher - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 14, 7:37AM CDT
Kronos Worldwide, Inc. was a big mover last session, as the company saw its shares rise nearly 7% on the day.
NYSE stocks posting largest percentage increases
AP - Thu Mar 13, 5:05PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
Kronos Worldwide Announces Fourth Quarter 2013 Results
Thomson Reuters ONE - Wed Mar 12, 4:46PM CDT
DALLAS, TEXAS.March 12, 2014. Kronos Worldwide, Inc. (NYSE:KRO) today reported net income for the fourth quarter of 2013 of $2.9 million, or $.03 per share, compared to a net loss of $18.1 million, or $.16 per share, in the fourth quarter of 2012. For the full year of 2013, Kronos Worldwide reported a net loss of $102.0 million, or $.88 per share, compared with net income of $218.5 million, or $1.89 per share in 2012. Comparability of the Company's results for the fourth quarter periods was impacted by lower income from operations in 2013 principally due to lower average TiO2 selling prices, partially offset by lower raw materials costs. Comparability of the full year periods was impacted by lower income from operations in 2013, principally due to lower average TiO2 selling prices, higher raw materials and other production costs and a litigation settlement charge in 2013, as discussed further below. Comparability of the Company's results for the fourth quarter and full year of 2013 was also impacted by unabsorbed fixed production and other costs associated with the labor lockout at our Canadian plant, and costs resulting from the terms of a new collective bargaining agreement reached with our unionized Canadian workforce and other back-to-work expenses, as discussed further below.
Why Wells Fargo Upgraded Kronos Worldwide (KRO)
at The Street - Mon Mar 03, 8:15AM CST
Wells Fargo upgraded Kronos Worldwide (KRO) to "market perform" on Monday. Analysts justified the ratings revision as a valuation call as the stock is down 23% over the past couple of weeks.
Upgrade Alert for Kronos Worldwide (KRO)
Comtex SmarTrend(R) - Mon Mar 03, 7:00AM CST
Kronos Worldwide (NYSE:KRO) was upgraded from Underperform to Market Perform at Wells Fargo today. The stock closed yesterday at $15.28 on volume of 204,000 shares, below average daily volume of 233,000. In the past 52 weeks, Kronos Worldwide share prices have been bracketed by a low of $14.44 and a high of $19.20 and closed yesterday at $15.28, 6% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.2%.
Concise Analysis of the International Colorants Market - Forecast to 2018
M2 - Mon Feb 24, 3:31AM CST
Research and Markets (http://www.researchandmarkets.com/research/92dwr7/colorants_market) has announced the addition of the "Concise Analysis of the International Colorants Market - Forecast to 2018" report to their offering. The global pigments market is projected to grow at a CAGR of 4% from 2013 to 2018. In the pigments market, TiO2 holds the maximum share. The demand for organic pigments is expected to grow mainly due to increasing demand for high performance pigments. However, growth in the organic pigments will be restricted due to its high cost as compared to inorganic pigments. Colorants have large number of applications such as paints and coatings, textile, construction, printing inks, and plastics. Growth will be partly driven by turnaround in these key markets and increasing need for colorants in these applications. In the colorants market, Asia-Pacific accounts for the largest market share. The developing economies such as China and India are expected to show faster growth as compared to developed economies such as Europe and U.S. The driving factors for the growth in these regions are increasing demand on the domestic front, growing middle class, and increasing income levels. The important players in the colorant market are concentrating on expanding their capacity. Some of the key players include Kiri Industries Ltd (India), Clariant International Ltd (Switzerland), BASF (Germany), Cabot Corp (U.S.), E.I. Du Pont De Nemours & Co. (U.S.), ECKART GmbH (Germany), Huntsman Corporation (U.S.), Kronos Worldwide Inc. (U.S.), LANXESS AG (Germany), CRISTAL (Saudi Arabia), and Rockwood Holdings Inc. (U.S.). Key Topics Covered: 1 Introduction 2 Executive Summary 3 Premium Insight 4 Market Overview 5 Colorants Market, By Types 6 Colorants Market, By Geography 7 Competitive Landscape 8 Company Profiles Companies Mentioned: - Atul Ltd - Basf Se - Cabot Corp - Clariant International Ltd - Cps Color Ag - Dic Corp - EI Du Pont De Nemours & Co - Eckart Gmbh - Flint Group - Heubach Gmbh - Huntsman Corporation - Kiri Industries Ltd - Kronos Worldwide Inc - Lanxess Ag - National Industrialization Co - Rockwood Holdings Inc - Sudarshan Chemical Industries - The Shepherd Color Company - Tinting Systems Company - Tronox Ltd - Zhejiang Longsheng Group Co Ltd For more information visit http://www.researchandmarkets.com/research/92...nts_market
KRONOS WORLDWIDE, INC. ANNOUNCES QUARTERLY DIVIDEND
Thomson Reuters ONE - Wed Feb 19, 4:30PM CST
DALLAS, TEXAS - February 19, 2014 - Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular quarterly dividend of fifteen cents ($0.15) per share on its common stock, payable on March 20, 2014 to stockholders of record at the close of business on March 10, 2014.
KRONOS WORLDWIDE COMPLETES $350 MILLION TERM LOAN B FINANCING
Thomson Reuters ONE - Tue Feb 18, 4:05PM CST
DALLAS, TEXAS.February 18, 2014. Kronos Worldwide, Inc. (NYSE:KRO) today announced it has completed a new $350 million senior secured term loan B. The Company used $170 million of the net proceeds of the new term loan to prepay the outstanding principal balance of the Company's note payable to Contran Corporation (along with accrued and unpaid interest through the prepayment date), and such note payable was cancelled. The remaining net proceeds of the $350 million term loan will be used for general corporate purposes.
7.7% Return Seen to Date on SmarTrend Kronos Worldwide Call (KRO)
Comtex SmarTrend(R) - Fri Feb 14, 11:23AM CST
SmarTrend identified a Downtrend for Kronos Worldwide (NYSE:KRO) on January 21st, 2014 at $16.76. In approximately 3 weeks, Kronos Worldwide has returned 7.73% as of today's recent price of $15.46.
Form 144: Filing to Sell 6000 Shares of World Acceptance Corp (S.C.) (WRLD)
Vickers Stock Research - Fri Feb 14, 4:17AM CST
DALLAS, TEXAS...February 14, 2013...Kronos Worldwide, Inc. (NYSE: KRO) today announced that it expects to report net sales for the fourth quarter of 2012 of $397.8 million compared to net sales of $437.4 million in the fourth quarter of 2011. The decrease in net sales in the fourth quarter of 2012 is primarily due to a 14% decrease in average TiO2 selling prices, partially offset by a 6% increase in sales volumes, which increased from 97,000 metric tons in the fourth quarter of 2011 to 102,000 metric tons in the fourth quarter of 2012. The Company's average TiO2 selling prices at the end of 2012 were 17% lower than at the end of 2011. The Company also expects to report segment profit in the fourth quarter of 2012 of approximately $5.7 million compared to segment profit of $145.9 million reported in the fourth quarter of 2011. The expected decrease in segment profit is due primarily to the negative effects of lower average TiO2 selling prices, lower production volumes (which decreased 20% from 141,000 m
Fitch Rates Kronos Worldwide's Proposed Sr. Sec. Term Loan 'BB-'; Outlook Negative
Business Wire - Mon Feb 10, 1:05PM CST
Fitch Ratings rates the proposed $275 million, six-year, senior secured term loan 'BB-'. The Rating Outlook is Negative. The facility is to benefit from upstream guarantees and is to be secured by equity interests, intercompany loans and a second lien in domestic accounts receivable and inventory. The facility is not expected to have maintenance financial covenants. Proceeds are to be used to repay the Contran term loan and for general corporate purposes. A complete list of ratings is at the end of this release.
12.0% Return Seen to Date on SmarTrend Kronos Worldwide Call (KRO)
Comtex SmarTrend(R) - Wed Feb 05, 9:58AM CST
SmarTrend identified a Downtrend for Kronos Worldwide (NYSE:KRO) on January 21st, 2014 at $16.76. In approximately 2 weeks, Kronos Worldwide has returned 11.97% as of today's recent price of $14.75.
Fitch Revises Outlook on Kronos Worldwide and Kronos International's 'BB-' IDR to Negative
Business Wire - Mon Feb 03, 9:13AM CST
Fitch Ratings has affirmed and revised the Ratings Outlooks for the 'BB-' Issuer Default Ratings (IDRs) for Kronos Worldwide, Inc. (NYSE: KRO) and Kronos International, Inc. to Negative from Stable. A complete list of ratings actions is at the end of this release.
KRONOS WORLDWIDE ANNOUNCES PRELIMINARY RESULTS FOR THE FOURTH QUARTER AND FULL YEAR OF 2013
Thomson Reuters ONE - Thu Jan 30, 7:01AM CST
DALLAS, TEXAS.January 30, 2014. Kronos Worldwide, Inc. (NYSE:KRO) today announced that it is exploring the possibility of accessing the debt capital markets and that it expects to report net sales for the fourth quarter of 2013 of $368.6 million compared to net sales of $396.8 million as reported in the fourth quarter of 2012. For the full year of 2013, the Company expects to report net sales of $1,732.4 million compared to net sales of $1,976.3 million in 2012. The expected decrease in net sales is due primarily to lower average TiO2 selling prices partially offset by higher sales volumes in the full year period of 2013. The Company's TiO2 sales volumes for the full year of 2013 are expected to be approximately 498,000 metric tons, or 6% higher than the full year of 2012. TiO2 sales volumes in the fourth quarter of 2013 are expected to be approximately 101,000 metric tons, or 1% lower than the fourth quarter of 2012. TiO2 sales volumes in the fourth quarter of 2013 were impacted by the continued lockout of unionized employees at the Company's Canadian TiO2 facility, and the resulting curtailment of production at such facility during the lockout. A new collective bargaining agreement with the Canadian workforce was reached in December 2013, and production at the facility will resume in the first quarter of 2014. The Company's average TiO2 selling prices in the fourth quarter of 2013 are expected to be approximately 10% lower than the fourth quarter of 2012, and average TiO2 selling prices in the full year of 2013 are expected to be 19% lower than the full year of 2012. The Company's average TiO2 selling prices in the fourth quarter of 2013 were 1% higher as compared to the third quarter of 2013.
This Late Billionaire's Most Interesting Holding
Bob Chandler, The Motley Fool - Motley Fool - Sun Jan 12, 2:02PM CST
Renowned takeover artist and financier Harold Simmons passed away recently. Thanks to a savvy investing instinct, he was able to amass a multi-billion dollar empire during his life. One of his holdings included Kronos Worldwide , a titanium...
Why Valhi, Organovo Holdings, and Immunomedics Are Today's 3 Best Stocks
Sean Williams, The Motley Fool - Motley Fool - Tue Dec 31, 4:15PM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. Perhaps it's only fitting that on the final day of the year...
Kronos Worldwide (KRO) Jumps: Stock Rises 8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Dec 31, 8:18AM CST
Kronos Worldwide, Inc. (KRO) was a big mover last session, as the company saw its shares rise by almost 8% on the day.
Why Trina Solar Limited, Yingli Green Energy Hold. Co. Ltd, and Kronos Worldwide, Inc. Soared Today
Dan Caplinger, The Motley Fool - Motley Fool - Mon Dec 30, 7:01PM CST
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis. Monday's trading was relatively quiet, with mixed...
