Friday, October 12, 2012

Investopedia: Transformation Has Paid Off For Ashland

When investors consider why companies such as Albemarle (NYSE:ALB), PPG (NYSE:PPG) and Huntsman (NYSE:HUN) go about the process of remaking themselves, a quick look at Ashland (NYSE:ASH) may offer some explanation. Once largely a refining and marketing company, Ashland has remade itself into a diversified specialty chemicals company. Now the question is whether this transformation can lead a company with perpetually poor free cash flow conversion and returns on capital to better results over the long term.

To read more, please follow this link:
http://www.investopedia.com/stock-analysis/2012/Transformation-Has-Paid-Off-For-Ashland-ASH-DOW-BP-HUN1012.aspx

No comments: