KMG Chemicals (KMG) 16.58 $KMG
Fitch Revises Anadarko's Outlook to Positive; Affirms Ratings
Business Wire - Tue Apr 08, 1:20PM CDT
Fitch Ratings has revised Anadarko Petroleum Corp.'s and its subsidiary, Kerr-McGee's, Rating Outlooks to Positive from Stable following the announcement late last week that Anadarko has settled its Tronox litigation with the plaintiffs for $5.15 billion. Additionally, Fitch has affirmed all ratings for Anadarko and Kerr-McGee. A full list of the ratings is included at the end of this press release.
United States Announces $5.15 Billion Settlement of Litigation Against Subsidiaries of Anadarko Petroleum Corp. to Remedy Fraudulent Conveyance Designed to Evade Environmental Liabilities
M2 - Fri Apr 04, 1:59AM CDT
The United States has entered into a settlement agreement with the Kerr-McGee Corporation and certain of its affiliates ("New Kerr-McGee"
, and their parent Anadarko Petroleum Corporation, in a fraudulent conveyance case brought by the United States and co-plaintiff Anadarko Litigation Trust (the "Trust" in the bankruptcy of Tronox Inc. and its subsidiaries (Tronox), announced Deputy Attorney General James Cole, Acting Assistant Attorney General for the Justice Department's Environment and Natural Resource Division Robert G. Dreher, U.S. Attorney for the Southern District of New York Preet Bharara, and U.S. Environmental Protection Agency Assistant Administrator Cynthia Giles.
Anadarko Announces Settlement of Tronox Adversary Proceeding
Marketwire - Thu Apr 03, 1:21PM CDT
Anadarko Petroleum Corporation (NYSE: APC) today announced that it has entered into an agreement with the plaintiffs (the "Litigation Trust" in the Tronox Adversary Proceeding to resolve all claims against Kerr-McGee Corporation and certain of its subsidiaries and affiliates (collectively "Kerr-McGee", which stemmed from alleged actions by Kerr-McGee prior to its acquisition by Anadarko in 2006. Kerr-McGee is now a wholly owned subsidiary of Anadarko.
KMG Reports Second Quarter 2014 Financial Results
Business Wire - Wed Mar 12, 6:30AM CDT
KMG Chemicals, Inc. (NYSE:KMG), a global provider of specialty chemicals to select markets, today announced financial results for the fiscal 2014 second quarter ended January 31, 2014.
Gabelli & Company 5th Annual Specialty Chemicals Conference
Business Wire - Tue Mar 04, 7:00AM CST
Gabelli & Company will host its Specialty Chemicals Conference on March 20, 2014 in New York City. This research meeting will feature presentations and one-on-one meetings with senior management of several leading specialty chemicals companies. Institutional investors should contact their salesperson for more information or to register.
KMG Declares Quarterly Dividend and Schedules Fiscal Second Quarter 2014 Results Call
Business Wire - Wed Feb 26, 3:30PM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per common share. The dividend is payable March 21, 2014 to shareholders of record March 10, 2014. As of January 31, 2014, there were approximately 11.6 million KMG common shares outstanding.
KMG Names Marcelino Rodriguez Corporate Controller and Chief Accounting Officer
Business Wire - Mon Feb 03, 9:00AM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals to select markets, today announced that Marcelino Rodriguez, CPA, will join KMG on February 24, 2014 as Corporate Controller and Chief Accounting Officer. In this role, Mr. Rodriguez will oversee corporate accounting functions and financial reporting.
Paul Mueller Company reports planned departure of CFO Marcelino Rodriguez
M2 - Mon Feb 03, 6:49AM CST
Stainless steel company Paul Mueller Company (Other OTC:MUEL) reported on Friday the resignation of Marcelino Rodriguez as its chief financial officer effective 20 February 2014.
Paul Mueller Company Announces Resignation of CFO
GlobeNewswire - Fri Jan 31, 5:18PM CST
Paul Mueller Company (OTC:MUEL) announced today that Marcelino Rodriguez, Chief Financial Officer, will be leaving the company effective February 20, 2014 to become the Controller & Chief Accounting Officer of KMG Chemicals (NYSE:KMG). The company has initiated a search for his replacement.
Anadarko Addresses Kerr-McGee's Filings in the Tronox Adversary Proceeding
Marketwire - Mon Jan 13, 4:06PM CST
Anadarko Petroleum Corporation (NYSE: APC) announced that Kerr-McGee Corporation (Kerr-McGee), a wholly owned subsidiary, in response to the instructions of the Court in the Tronox Adversary Proceeding, today filed a claim under Section 502(h) of the U.S. Bankruptcy Code and a supporting brief regarding certain issues related to the amount of Kerr-McGee's claim and how the Court should treat that claim, which will be offset against an award of damages by the Court. Kerr-McGee asserted in today's filing that the Court should not dilute Kerr-McGee's claim because diluting the claim is not allowed under Tronox's Confirmed Plan of Reorganization (the Plan) and is also not allowed under applicable principles of law. Additionally, Kerr-McGee asserted that the Court in its provisional findings has not properly considered the amount of Kerr-McGee's offset claim, nor the related percentage of recovery applied to such claim.
KMG appoints Malinda Passmore as VP and CFO
M2 - Tue Dec 31, 6:24AM CST
KMG Chemicals Inc (NYSE:KMG), a provider of specialty chemicals, on Monday named Malinda Passmore as vice president (VP) and chief financial officer (CFO), effective 27 January 2014.
KMG Names Malinda Passmore Chief Financial Officer
Business Wire - Mon Dec 30, 8:24AM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals to select markets, today announced that Malinda Passmore has been named vice president and chief financial officer. Passmore will join KMG on January 27, 2014. As CFO, Passmore will oversee corporate finance, accounting, treasury reporting and information systems technology.
KMG Declares Quarterly Cash Dividend
Business Wire - Wed Dec 18, 8:00AM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per common share. The dividend is payable on January 13, 2014 to shareholders of record on December 30, 2013. As of October 31, 2013, there were approximately 11.6 million KMG common shares outstanding.
Fitch: No Change to Anadarko's Ratings or Outlook Based Upon Recent Ruling
Business Wire - Tue Dec 17, 11:03AM CST
Fitch Ratings has said that no change to Anadarko's ratings or Outlook will occur at this time despite last Friday's adverse ruling from the U.S. Bankruptcy Court in the Southern District of New York regarding the company's Tronox litigation.
KMG Chemicals Reports First Quarter 2014 Financial Results
Business Wire - Tue Dec 10, 6:30AM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals to select markets, today announced financial results for the fiscal 2014 first quarter ended October 31, 2013.
KMG Schedules Fiscal First Quarter 2014 Results Call
Business Wire - Thu Nov 21, 3:30PM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, today announced it will provide fiscal first quarter results on Tuesday, December 10, 2013, when the company issues a news release prior to the open of the stock market. A conference call, hosted by Chris Fraser, President and CEO, and Hank Mullen, Director of Business Development, will be held at 10:00 a.m. ET.
KMG to Cease Manufacturing Operations at KMG Italia Subsidiary and Shift Production to Alternate European Facilities
Business Wire - Wed Nov 13, 8:00AM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, announced that as part of a global restructuring of its Electronic Chemicals operations, the company will cease manufacturing operations at its KMG Italia subsidiary located in Milan, Italy. Production from the Milan manufacturing site will be shifted to the company's facilities in France and the UK. Because KMG Italia remains a strategic location for serving valued customers, KMG will continue to operate its warehousing facility and customer service operations in Milan.
KMG Announces Departure of CFO John Sobchak
Business Wire - Thu Oct 31, 8:04PM CDT
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals to select markets, today announced that John V. Sobchak has resigned as Vice President and Chief Financial Officer in order to pursue other interests. Mr. Sobchak has served as KMG's CFO since 2001.
KMG Chemicals Reports Fourth Quarter and Full Year 2013 Financial Results
Business Wire - Thu Oct 24, 6:30AM CDT
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, today announced financial results for its fourth fiscal quarter and fiscal year ended July 31, 2013.
KMG Provides Fourth Quarter and Fiscal 2013 Earnings Release Date and Conference Call Details
Business Wire - Tue Oct 22, 12:23PM CDT
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, stated the company will provide fourth quarter and fiscal 2013 financial results on Thursday, October 24, as previously announced. Earnings results will be published prior to the open of the stock market. A conference call, hosted by Chris Fraser, President and CEO, and John Sobchak, CFO, will be held at 10:00 a.m. ET.
Fitch Revises Anadarko's Outlook to Positive; Affirms Ratings
Business Wire - Tue Apr 08, 1:20PM CDT
Fitch Ratings has revised Anadarko Petroleum Corp.'s and its subsidiary, Kerr-McGee's, Rating Outlooks to Positive from Stable following the announcement late last week that Anadarko has settled its Tronox litigation with the plaintiffs for $5.15 billion. Additionally, Fitch has affirmed all ratings for Anadarko and Kerr-McGee. A full list of the ratings is included at the end of this press release.
United States Announces $5.15 Billion Settlement of Litigation Against Subsidiaries of Anadarko Petroleum Corp. to Remedy Fraudulent Conveyance Designed to Evade Environmental Liabilities
M2 - Fri Apr 04, 1:59AM CDT
The United States has entered into a settlement agreement with the Kerr-McGee Corporation and certain of its affiliates ("New Kerr-McGee"
, and their parent Anadarko Petroleum Corporation, in a fraudulent conveyance case brought by the United States and co-plaintiff Anadarko Litigation Trust (the "Trust" in the bankruptcy of Tronox Inc. and its subsidiaries (Tronox), announced Deputy Attorney General James Cole, Acting Assistant Attorney General for the Justice Department's Environment and Natural Resource Division Robert G. Dreher, U.S. Attorney for the Southern District of New York Preet Bharara, and U.S. Environmental Protection Agency Assistant Administrator Cynthia Giles. Anadarko Announces Settlement of Tronox Adversary Proceeding
Marketwire - Thu Apr 03, 1:21PM CDT
Anadarko Petroleum Corporation (NYSE: APC) today announced that it has entered into an agreement with the plaintiffs (the "Litigation Trust"
in the Tronox Adversary Proceeding to resolve all claims against Kerr-McGee Corporation and certain of its subsidiaries and affiliates (collectively "Kerr-McGee", which stemmed from alleged actions by Kerr-McGee prior to its acquisition by Anadarko in 2006. Kerr-McGee is now a wholly owned subsidiary of Anadarko. KMG Reports Second Quarter 2014 Financial Results
Business Wire - Wed Mar 12, 6:30AM CDT
KMG Chemicals, Inc. (NYSE:KMG), a global provider of specialty chemicals to select markets, today announced financial results for the fiscal 2014 second quarter ended January 31, 2014.
Gabelli & Company 5th Annual Specialty Chemicals Conference
Business Wire - Tue Mar 04, 7:00AM CST
Gabelli & Company will host its Specialty Chemicals Conference on March 20, 2014 in New York City. This research meeting will feature presentations and one-on-one meetings with senior management of several leading specialty chemicals companies. Institutional investors should contact their salesperson for more information or to register.
KMG Declares Quarterly Dividend and Schedules Fiscal Second Quarter 2014 Results Call
Business Wire - Wed Feb 26, 3:30PM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per common share. The dividend is payable March 21, 2014 to shareholders of record March 10, 2014. As of January 31, 2014, there were approximately 11.6 million KMG common shares outstanding.
KMG Names Marcelino Rodriguez Corporate Controller and Chief Accounting Officer
Business Wire - Mon Feb 03, 9:00AM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals to select markets, today announced that Marcelino Rodriguez, CPA, will join KMG on February 24, 2014 as Corporate Controller and Chief Accounting Officer. In this role, Mr. Rodriguez will oversee corporate accounting functions and financial reporting.
Paul Mueller Company reports planned departure of CFO Marcelino Rodriguez
M2 - Mon Feb 03, 6:49AM CST
Stainless steel company Paul Mueller Company (Other OTC:MUEL) reported on Friday the resignation of Marcelino Rodriguez as its chief financial officer effective 20 February 2014.
Paul Mueller Company Announces Resignation of CFO
GlobeNewswire - Fri Jan 31, 5:18PM CST
Paul Mueller Company (OTC:MUEL) announced today that Marcelino Rodriguez, Chief Financial Officer, will be leaving the company effective February 20, 2014 to become the Controller & Chief Accounting Officer of KMG Chemicals (NYSE:KMG). The company has initiated a search for his replacement.
Anadarko Addresses Kerr-McGee's Filings in the Tronox Adversary Proceeding
Marketwire - Mon Jan 13, 4:06PM CST
Anadarko Petroleum Corporation (NYSE: APC) announced that Kerr-McGee Corporation (Kerr-McGee), a wholly owned subsidiary, in response to the instructions of the Court in the Tronox Adversary Proceeding, today filed a claim under Section 502(h) of the U.S. Bankruptcy Code and a supporting brief regarding certain issues related to the amount of Kerr-McGee's claim and how the Court should treat that claim, which will be offset against an award of damages by the Court. Kerr-McGee asserted in today's filing that the Court should not dilute Kerr-McGee's claim because diluting the claim is not allowed under Tronox's Confirmed Plan of Reorganization (the Plan) and is also not allowed under applicable principles of law. Additionally, Kerr-McGee asserted that the Court in its provisional findings has not properly considered the amount of Kerr-McGee's offset claim, nor the related percentage of recovery applied to such claim.
KMG appoints Malinda Passmore as VP and CFO
M2 - Tue Dec 31, 6:24AM CST
KMG Chemicals Inc (NYSE:KMG), a provider of specialty chemicals, on Monday named Malinda Passmore as vice president (VP) and chief financial officer (CFO), effective 27 January 2014.
KMG Names Malinda Passmore Chief Financial Officer
Business Wire - Mon Dec 30, 8:24AM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals to select markets, today announced that Malinda Passmore has been named vice president and chief financial officer. Passmore will join KMG on January 27, 2014. As CFO, Passmore will oversee corporate finance, accounting, treasury reporting and information systems technology.
KMG Declares Quarterly Cash Dividend
Business Wire - Wed Dec 18, 8:00AM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per common share. The dividend is payable on January 13, 2014 to shareholders of record on December 30, 2013. As of October 31, 2013, there were approximately 11.6 million KMG common shares outstanding.
Fitch: No Change to Anadarko's Ratings or Outlook Based Upon Recent Ruling
Business Wire - Tue Dec 17, 11:03AM CST
Fitch Ratings has said that no change to Anadarko's ratings or Outlook will occur at this time despite last Friday's adverse ruling from the U.S. Bankruptcy Court in the Southern District of New York regarding the company's Tronox litigation.
KMG Chemicals Reports First Quarter 2014 Financial Results
Business Wire - Tue Dec 10, 6:30AM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals to select markets, today announced financial results for the fiscal 2014 first quarter ended October 31, 2013.
KMG Schedules Fiscal First Quarter 2014 Results Call
Business Wire - Thu Nov 21, 3:30PM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, today announced it will provide fiscal first quarter results on Tuesday, December 10, 2013, when the company issues a news release prior to the open of the stock market. A conference call, hosted by Chris Fraser, President and CEO, and Hank Mullen, Director of Business Development, will be held at 10:00 a.m. ET.
KMG to Cease Manufacturing Operations at KMG Italia Subsidiary and Shift Production to Alternate European Facilities
Business Wire - Wed Nov 13, 8:00AM CST
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, announced that as part of a global restructuring of its Electronic Chemicals operations, the company will cease manufacturing operations at its KMG Italia subsidiary located in Milan, Italy. Production from the Milan manufacturing site will be shifted to the company's facilities in France and the UK. Because KMG Italia remains a strategic location for serving valued customers, KMG will continue to operate its warehousing facility and customer service operations in Milan.
KMG Announces Departure of CFO John Sobchak
Business Wire - Thu Oct 31, 8:04PM CDT
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals to select markets, today announced that John V. Sobchak has resigned as Vice President and Chief Financial Officer in order to pursue other interests. Mr. Sobchak has served as KMG's CFO since 2001.
KMG Chemicals Reports Fourth Quarter and Full Year 2013 Financial Results
Business Wire - Thu Oct 24, 6:30AM CDT
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, today announced financial results for its fourth fiscal quarter and fiscal year ended July 31, 2013.
KMG Provides Fourth Quarter and Fiscal 2013 Earnings Release Date and Conference Call Details
Business Wire - Tue Oct 22, 12:23PM CDT
KMG Chemicals, Inc. (NYSE: KMG), a global provider of specialty chemicals in select markets, stated the company will provide fourth quarter and fiscal 2013 financial results on Thursday, October 24, as previously announced. Earnings results will be published prior to the open of the stock market. A conference call, hosted by Chris Fraser, President and CEO, and John Sobchak, CFO, will be held at 10:00 a.m. ET.
