Welcome to our dedicated page for Cabot news (Ticker: CBT), a resource for investors and traders seeking the latest updates and insights on Cabot stock.
Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The Cabot news feed on Stock Titan aggregates company announcements, earnings releases and operational updates that help investors and industry observers follow developments in reinforcing carbons, specialty carbons, battery materials and related performance materials.
Recent Cabot news includes quarterly and annual financial results, where the company reports net sales, earnings per share, segment EBIT and regional volume trends for its Reinforcement Materials and Performance Chemicals segments. These releases often discuss demand conditions in the Americas, Europe, the Middle East and Africa, and Asia Pacific, as well as macroeconomic and trade factors affecting volumes in tire, auto-related and construction-related applications.
Cabot also issues news on strategic agreements and growth initiatives. For example, the company has announced a multi-year supply agreement with PowerCo SE, a battery manufacturing subsidiary of Volkswagen Group, to supply advanced conductive carbons and conductive dispersions for lithium-ion battery electrodes. It has reported on an agreement to acquire Mexico Carbon Manufacturing S.A. de C.V. from Bridgestone Corporation to expand reinforcing carbons capacity in Mexico, and on enhancements to manufacturing capabilities for circular reinforcing carbons under its EVOLVE Sustainable Solutions technology platform.
Other Cabot news items cover sustainability milestones, such as progress against sustainability goals and expansion of ISCC PLUS certified sites, as well as corporate actions including dividends, share repurchases, executive appointments and board-related matters disclosed through press releases and Form 8-K filings. Investors who follow CBT news can review these updates to understand how Cabot is managing its reinforcing carbons and performance chemicals businesses, advancing sustainable materials and engaging in capital allocation. Bookmarking the Cabot news page on Stock Titan allows users to monitor new earnings releases, strategic transactions, sustainability announcements and governance developments as they are reported.
Cabot Corporation (NYSE: CBT) will release its fourth quarter operating results for fiscal 2021 on November 8, 2021, post market hours. A conference call and live webcast will occur on November 9, 2021, at 8:00 am ET to discuss the results. The call will be available on Cabot's website, with an archived presentation for those unable to attend live. Cabot is a global leader in specialty chemicals, providing products such as rubber, specialty carbons, and activated carbon.
Cabot Corporation (NYSE: CBT) will host an Investor Day on December 2, 2021, at 9:30 a.m. ET in Boston, Massachusetts, where CEO Sean D. Keohane and the executive team will discuss core business drivers and strategic initiatives, focusing on sustainability, innovation, and capital allocation.
The event will be held at the Intercontinental Hotel and available virtually. Registration details will be shared later. A live webcast will include video and Q&A sessions, with an archived version available post-event.
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Cabot Corporation (NYSE: CBT) reported a strong third quarter for fiscal 2021, achieving a GAAP EPS of $1.48, up from a loss of $0.12 year-over-year. Adjusted EPS also rose to $1.35 from a loss of $0.07. Net sales increased to $917 million, driven by robust demand across various sectors, particularly in energy materials for lithium-ion batteries. The company maintains strong liquidity of approximately $1.3 billion, with a debt to EBITDA ratio of 1.9 times. The adjusted EPS guidance for the fiscal year is now expected to be between $4.85 and $5.05.
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On July 9, 2021, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.35 per share. This dividend will be payable on September 10, 2021, to stockholders of record by August 27, 2021. Cabot Corporation is known for its specialty chemicals and performance materials, specializing in products such as carbon black, activated carbon, and elastomer composites. The company continues to foster investor confidence through consistent dividend payments.
Cabot Corporation (NYSE: CBT) will release its third quarter operating results for fiscal 2021 on August 9, 2021, after market close. A conference call and live webcast are scheduled for August 10, 2021, at 8:00 am ET, to discuss these results. The event can be accessed via Cabot's website and will be archived for later viewing. Cabot is a leading global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts, specializing in rubber, specialty carbons, activated carbon, and other chemical products.
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On May 14, 2021, Cabot Corporation (NYSE: CBT) announced a quarterly dividend of $0.35 per share for all outstanding common stock. This dividend is scheduled for payment on June 11, 2021, to stockholders of record as of May 28, 2021. Cabot Corporation is a leading global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts, known for its carbon black and specialty materials.
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