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Downside Purchased on Westlake Chemical (WLK)
Wednesday, October 6, 2010 - 9:51am | 149Shares of Westlake Chemical Corporation (NYSE: WLK) are lower on the session by 2.37%, currently trading at $30.93. The stock has been moving largely higher over the past four months, off of a recent low near $17.50. WLK is currently trading above the 50-day and 200-day moving average. Look for...
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Celanese Corporation Declares Common Share Dividend of $.05
Monday, October 4, 2010 - 4:01pm | 49Celanese Corporation (NYSE: CE) today declared a quarterly dividend of $0.05 per share on its common stock, payable on November 1, 2010. The dividend is payable for the period beginning August 2, 2010 and ending on and including October 31, 2010 to owners of record as of October 15, 2010.
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Goldman Sachs Raises Price Target on Westlake Chemical (WLK)
Monday, October 4, 2010 - 8:20am | 151Goldman Sachs is out with a research report this morning, where it reiterates its Sell rating on Westlake Chemical Corp. (NYSE: WLK); it also raised its price target on the stock to $27.00, from $20.00. The GS analysts said that they have updated their estimates given that they believe the...
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Who Owns The Media? The 6 Monolithic Corporations That Control Almost Everything We Watch, Hear And Read
Sunday, October 3, 2010 - 10:53pm | 1528Back in 1983, approximately 50 corporations controlled the vast majority of all news media in the United States. Today, ownership of the news media has been concentrated in the hands of just six incredibly powerful media corporations. These corporate behemoths control most of...
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Top 4 NYSE Stocks In The Basic Materials Sector With The Highest ROE (ETE, XCO, NRGP, CE)
Thursday, September 30, 2010 - 5:03am | 132Below are the top basic material stocks on the NYSE in terms of return on equity. The trailing-twelve-month return on equity at Energy Transfer Equity LP (NYSE: ETE) is 384.53%. ETE's 52-week trading range is $25.16-$37.97. The trailing-twelve-month return on equity at EXCO Resources Inc (NYSE: XCO...
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Innophos Announces $4.5 Project To Expand Nashville Production
Tuesday, September 28, 2010 - 3:25pm | 75Innophos Holdings, Inc. (Nasdaq: IPHS) today announced plans for the expansion of its Nashville, Tennessee facility for the production of its specialty leavening acid CAL-RISE®. This expansion, which is due to be completed by mid-year 2011, doubles the current capacity for this specialty product....
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Innophos Completes Redemption of Senior Subordinated Notes
Monday, September 27, 2010 - 1:18pm | 132Innophos Holdings, Inc. (Nasdaq: IPHS) today announced that its Innophos, Inc. subsidiary had completed the previously announced redemption of all remaining $190.0 million of its outstanding 8.875% Senior Subordinated Notes due 2014. The redemption price for the Notes was 102.958% of principal...
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Top 4 Stocks In The Rubber And Plastics Industry With The Highest Operating Margin (CSL, CMT, ROG, CTB)
Monday, September 20, 2010 - 4:29am | 146Below are the top rubber and plastic stocks on the NYSE, the NASDAQ and the AMEX in terms of operating margin. The trailing-twelve-month operating margin at Carlisle Companies Inc (NYSE: CSL) is 9.51%. CSL shares have fallen 13.36% over the past 52 weeks, while the S&P 500 index has gained 5.36...
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Zacks Releases Four Powerful ''Buy'' Stocks: Ballantyne Strong, Yum! Brands, Innophos Holdings and Textainer Group Holdings - Press Releases
Wednesday, September 15, 2010 - 8:06am | 1311For Immediate Release Chicago, IL – September 15, 2010 – Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...
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Innophos Holdings, Inc. - Momentum
Wednesday, September 15, 2010 - 1:03am | 517Innophos Holdings, Inc. (IPHS) recently touched its multi-year high at $31.98 after reporting a solid 17% earnings surprise in early August. With a next-year estimate calling for 19% growth, the longer-term picture looks good too for this Zacks #1 rank stock. Company Description Innophos Holdings...
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Celanese Acetate Announces Price Increases
Monday, September 13, 2010 - 7:37am | 85Celanese Corporation (NYSE: CE), a leading global technology and specialty materials company, today announced that its Celanese Acetate business will increase the price of acetate flake and acetate tow for core grade items by 7 to 10 percent (FOB plant basis). Pricing for unique and/or low volume...
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Citigroup Upgrades Celanese Corp To Buy
Thursday, September 9, 2010 - 7:06am | 97Celanese Corporation (NYSE: CE) reports adding assets in China while shutting down assets in the western world with elevated costs, Citigroup reports. 40% of Celanese's EBITDA comes from Asia, and the company also had a growing presence in the Middle East with its new specialty plastics plant...
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Benzinga's Top Upgrades (HMY, TIN, CE, STO)
Thursday, September 9, 2010 - 6:47am | 154Harmony Gold Mining Co (NYSE: HMY) was upgraded by JP Morgan from “neutral” to "overweight." HMY’s shares closed at $10.74 yesterday. Harmony Gold Mining’s earnings are likely to gain 28.60% in the next 5 years. Goldman upgraded Temple-Inland Inc (NYSE: TIN) from "neutral" to "buy.” TIN’ shares...
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Benzinga's Top Downgrades (SEH, AU, BZ, ESI)
Thursday, September 9, 2010 - 6:34am | 149Spartech Corporation (NYSE: SEH) was downgraded by KeyBanc from “buy” to “hold.” SEH’s shares closed at $9.19 yesterday. SEH’s earnings have fallen by 38.97% in the past 5 years. JP Morgan downgraded AngloGold Ashanti Limited (NYSE: AU) from "overweight" to "neutral." AU’s stock closed at $43.97...
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Top 4 NYSE Stocks In The Industrial Goods Sector With The Highest ROE (LMT, JBT, BA, KOP)
Wednesday, September 8, 2010 - 5:37am | 150Below are the top industrial goods’ stocks on the NYSE in terms of return on equity. The trailing-twelve-month return on equity at Lockheed Martin Corporation (NYSE: LMT) is 88.34%. LMT’s quarterly earnings increased 12.40% y/y. The trailing-twelve-month return on equity at John Bean Technologies...