Huntsman Corporation (NYSE:HUN) today announced that it has commenced discovery in its Texas lawsuit against Deutsche Bank and Credit Suisse.
Company increases revenue and presses ahead with market expansion
Net sales up in the third quarter of 2008; Demand for material handling equipment declining
Net sales declined 2% reflecting the absence of glaceau; excluding this item, net sales up 5%; Carbonated beverage volume up 0.5%; non-carbonated volume, excluding impact of glaceau, up 3%; Earnings per share were $0.41, or $0.45 excluding certain items; Strong cash generation; $295 million of debt repayment since spin-off; Reduced 2008 outlook reflects deteriorating economic conditions in U.S. and Mexico, the impact of a strengthening U.S. dollar and loss of Hansen Natural product distribution
* Spanish investor group sells its stake of approximately 13 percent in Ciba * BASF pays Bestinver CHF 49.50 per share * Additional acceptance period for Ciba shareholders ends on
Acquisition will expand reach and support of process industries in central and western China
Any eligible customer ordering Conqueror stocks from PaperCo before the end of the year will be entitled to double Airmiles and entry into a draw to win a two week holiday for up to ten people in Spain.
