FutureFuel Corp (FF): FutureFuel (FF +9.9%) surges on news of...

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Re: Danna post# 9

Friday, 10/02/2015 1:41:03 PM

Friday, October 02, 2015 1:41:03 PM

FutureFuel (FF +9.9%) surges on news of its renewal of a bleach activator supply agreement with Procter & Gamble through 2018.

P&G had planned to terminate the NOBS supply deal effective at year-end, but FF says the arrangement has been reinstated on amended terms, providing for sales to PG in reduced volumes with adjusted pricing during 2015-18 to account for revised market conditions.

Roth Capital upgrades shares to Buy from Neutral with a $13 price target, as the deal renewal raises visibility for 2016, and drives cash flows and earnings during periods of biodiesel profit uncertainty.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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