Celanese: Expecting a soft quarter with maintained FY19 EPS guidance
Cowen notes CE reports after the close on Monday (conference call Tuesday at 10AM ET). They expect EPS to be in line though see downside to EBITDA expectations on weaker pricing and volume headwinds in EM. Expect FY19 guidance to be maintained supported by share repurchase. Maintain Market Perform.
Denmark’s richest man lost three of his four children in the devastating terror attacks in Sri Lanka, it emerged Monday.
Billionaire Anders Holch Povlsen, 46, the fashion tycoon behind online clothing retailer Asos, was with his family on vacation in Sri Lanka when suicide bombers struck, killing at least 290, according to The Mirror.
Three days before the attacks Povlsen’s daughter Alma shared a family holiday photo of her siblings Astrid, Agnes and Alfred – calling them “three little bears” – in front of a swimming pool lined by palm trees.
His company confirmed the deaths today.