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0 0 0.00203761755485886 -0.000783699059561195 -0.00266457680250786 0.00125235109717872 0.00125235109717872 0.00125235109717872
Stock impact report

Eastman Chemical forecasts downbeat quarterly profit, to reduce inventory as tariffs bite [Yahoo! Finance Canada]

Eastman Chemical Company (EMN) 
Last eastman chemical company earnings: 5/1 04:00 pm Check Earnings Report
announced plans to cut inventory amid soft demand and U.S. trade policy challenges, sending its shares down over 10% after the bell. Global chemical companies are under pressure to reassess strategies due to increasing production costs, lackluster demand and stringent environmental regulations in key markets. The industry is also bracing itself for the impact of U.S. President Donald Trump 's sweeping tariffs on most imports, which have forced companies to contend with higher raw material costs and weakening demand. "As we have entered the second half of the year, we are encountering a global macroeconomic environment that remains challenging," CEO Mark Costa said. "Customer caution is intensifying due to a changing tariff landscape and weak underlying demand," Costa added. Eastman Chemical makes a wide range of chemicals used in manufacturing end-products across the construction, agricultural and automotive sectors. The impacts of the trade dispute and seasonality would r Show less Read more
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