Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?Koppers Holdings (NYSE: KOP) provides
carbon compounds and commercial wood treatment products to the aluminum, railroad, specialty chemical, utility, rubber and steel industries. Its Carbon Materials and Chemicals unit manufactures carbon pitch, phthalic anhydride, creosote, carbon black, furnace coke, refined tars and specialty chemicals. The Railroad and Utility Products segment treats wood for vineyard and construction uses and supplies treated crossties and utility poles. Koppers serves markets in North America, Australia, the United Kingdom and Scandinavia.
The firm pleased investors last week, when it reported Q4 EPS of 44 cents and revenues of $326.8 million. Analysts had been expecting 38 cents and $310.9 million. Management also guided FY08 revenues to about $1.39-$1.43 billion ($1.41B consensus) and approved a $75 million share repurchase program.
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