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Huntsman, son of late petrochemical billionaire Jon Huntsman Sr., informed UPenn President Liz Magill that his charity will "close its checkbook."
Former US Ambassador Jon Huntsman blasted the University of Pennsylvania's response to antisemitism and is promising to halt his family's donations to the prestigious university.
THE WOODLANDS, Texas , Oct. 3, 2023 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) will hold a conference call on Wednesday, November 1, 2023, at 10:00 a.m. ET to discuss its third quarter 2023 financial results.
Huntsman (HUN) is building a 30-ton MIRALON carbon nanotube materials plant to produce clean hydrogen and sustainable, high-performance materials for various industries.
The Huntsman (HUN) Technology Portal will make it easier for external parties to propose and request new solutions.
While Huntsman (HUN) faces headwinds from soft demand conditions, it benefits from investment in downstream businesses and differentiated product innovation as well as strategic acquisitions.
Huntsman Corporation faces a lack of demand across all geographies, leading to uncertainty. The commercial construction market may take years to recover, particularly in cities like San Francisco, and China is not keen on providing stimulus to boost its economy. The company's revenue and margins have declined, and it is facing intense competition, putting pressure on profitability.
Huntsman (HUN) lags second-quarter estimates due to lower average selling prices in most segments and reduced sales volumes.
Although the revenue and EPS for Huntsman (HUN) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Huntsman (HUN) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $1.28 per share a year ago.