Cabot Stock News

Cabot (CBT) announces the selling off of its Purification Solutions business to One Equity Partners to divert resources to areas that promise strong growth and innovation.

NEW YORK--(BUSINESS WIRE)--One Equity Partners (OEP), a middle market private equity firm, today announced that it has signed an agreement to acquire Norit Activated Carbon (Norit or the Company), a global manufacturer of activated carbon for purification solutions, from corporate parent Cabot Corporation (NYSE: CBT). Norit manufactures a broad portfolio of activated carbon products used for purification needs in growing sectors including renewable natural gas, food and beverage, chemical

CBT's decision to sell its Purification Solutions division should be taken well. CBT's Investor Day to be held later this week may prove to be a positive trigger.

Specialty chemicals and performance materials company Cabot Corporation (CBT) recently revealed that it has entered into a definitive agreement to sell its Purification The post Cabot to Sell Purification Solutions Business for $111M; Street Says Buy appeared first on Smarter Analyst .

Shares of Cabot Co. (NYSE:CBT) have earned a consensus rating of Buy from the nine ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The average twelve-month []

CommerceBlock (CURRENCY:CBT) traded down 47.5% against the dollar during the twenty-four hour period ending at 12:00 PM ET on November 26th. One CommerceBlock coin can currently be purchased for about $0.0153 or 0.00000064 BTC on exchanges. During the last seven days, CommerceBlock has traded up 124.2% against the dollar. CommerceBlock has a total market capitalization […]

(RTTNews) - Cabot Corp. (CBT) has agreed to sell its Purification Solutions business to One Equity Partners, a middle market private equity firm, in a deal valued at $111 million. The company expects the transaction will close during second quarter of 2022. Net cash proceeds from the transaction is projected to be approximately $80 million.

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) announced today that the company entered into an agreement to sell its Purification Solutions business to One Equity Partners, a middle market private equity firm, in a transaction valued at $111 million, subject to certain debt-like and other closing adjustments. Cabots Purification Solutions business is a global leader in the research, development, manufacturing, and sale of high-performing activated carbon used in a range of environment

Cabot Corporation with ticker code (CBT) now have 6 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 81 and 62 and has a mean target at 71.83. With the stocks previous close at 59.26 this now indicates there is a potential upside of 21.2%. The 50 day moving average now sits at 53.43 and the 200 moving average now moves to 54.87. The market cap for the company is $3,385m. Visit the company website at: /> [stock_market_widget type="chart" symbol="CBT" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Cabot Corporation operates as a specialty chemicals and performance materials company. It operates through three segments: Reinforcement Materials, Performance Chemicals, and Purification Solutions. The company offers rubber grade carbon blacks used in tires as a rubber reinforcing agent and performance additive, as well as in industrial products, such as hoses, belts, extruded profiles, and molded goods; and engineered elastomer composites.

Cabot Co. (NYSE:CBT) declared a quarterly dividend on Friday, November 12th, Zacks reports. Shareholders of record on Friday, November 26th will be paid a dividend of 0.37 per share by the specialty chemicals company on Friday, December 10th. This represents a $1.48 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend […]

BOSTON(BUSINESS WIRE)Cabot Corporation (NYSE: CBT) announced that it has entered a definitive agreement

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.