Cabot Boosts Share Buyback Plan and Ferro to Webcast Presentation from the Credit Suisse Chemical Conference

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Message #2
From: Stock News Bot
Date: October 1, 2007 07:46:25 AM

Cabot Boosts Share Buyback Plan and Ferro to Webcast Presentation from the Credit Suisse Chemical Conference

Alternative Energy industry alert provided by U.S. Equity News. Cabot Corp. (NYSE: CBT) a global specialty chemicals and materials company, said recently its board of directors increased its existing stock buyback plan by 5 million shares, bringing the total authorization to 10 million shares. In May, the board authorized the repurchase of up to 5 million shares of the company's common stock. As of Sept. 13, the company had about 66.6 million shares of common stock outstanding. To date, Cabot has repurchased about 4.1 million shares under this authorization. Shares of Cabot fell 33 cents to close at $37.20.

OMNOVA Solutions Inc. (NYSE: OMN Stock Forums) recently reported income from continuing operations of $4.5 million, or $0.11 per diluted share, for the third quarter of 2007, compared to income from continuing operations of $1.2 million, or $0.03 per diluted share, for the third quarter of 2006. Third quarter 2007 net income was $4.5 million, or $0.11 per diluted share, compared to net income of $3.3 million, or $0.08 per diluted share, for the third quarter of 2006. Net sales increased $21.7 million, to $196.8 million, for the third quarter of 2007 as compared to $175.1 million during the same period a year ago. Contributing to the sales increase in the third quarter of 2007 were improved unit volumes of $14.2 million, sales price increases of $6.1 million and favorable foreign exchange translation of $1.4 million.

Ferro Corporation (NYSE: FOE) will webcast a presentation by James F. Kirsch, Chairman, President and Chief Executive Officer, on Wednesday, September 26, 2007, at 1:40 p.m. ET from the Credit Suisse Chemical Conference in New York, NY. The audio portion of the presentation will be webcast live and can be accessed from the "Investor Information" portion of Ferro's Web site at: http://www.ferro.com. Audio replays of the presentation will be available at this site for 30 days. The presentation slides can also be viewed and downloaded from this link, beginning at 1:00 p.m. ET on September 26.

ALL Fuels & Energy Company (OTCBB: AFSE) recently announced that it has opened its new web site, www.allfuelsandenergy.com."We've designed the web site to be investor friendly," said Dean Sukowatey, President, ALL Fuels & Energy. "We think that this avenue for communication also allows us to provide shareholders and market participants with vital information about our company."

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