Westlake Chemical Corp (WLK) 42.48 $WLK
Why You Shouldn't Bet Against Westlake Chemical (WLK) Stock
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 8:41AM CDT
Westlake Chemical (WLK) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
WLK: 42.48 (-2.24)
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Axiall Corporation Buyout
BusinessWire - Tue Jun 21, 3:03PM CDT
Rigrodsky & Long, P.A.:
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
INVESTOR ALERT: Levi & Korsinsky, Notifies Shareholders of Axiall Corporation of Commencement of an Investigation Regarding the Fairness of the Sale of the Company to Westlake Chemical Corporation for $33 Per Share -- AXLL
PR Newswire - Tue Jun 14, 10:32AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
AXIALL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Axiall Corporation
PR Newswire - Mon Jun 13, 1:00PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF"
are investigating the proposed sale of Axiall Corporation ("Axiall" or the "Company" (NYSE: AXLL) to Westlake Chemical Corporation (NYSE: WLK). Under the terms of the proposed transaction, shareholders of Axiall will receive only $33.00 in cash for each share of Axiall that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
Company News for June 13, 2016
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 9:10AM CDT
Companies in the News are: HRB,MFRM,AMAT,AXLL,WLK
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32), AMAT: 23.23 (-1.29), MFRM: 33.43 (+0.06), HRB: 22.23 (-0.62)
US stocks give up recent gains as oil prices sink
By MARLEY JAY - AP - Fri Jun 10, 4:19PM CDT
NEW YORK (AP) — U.S. stocks skidded Friday in a wave of selling that wiped out most of the market's gains from earlier this week. A drop in oil prices took energy companies sharply lower. Investors were also troubled by a poll showing Britain may be more likely to leave the European Union.
WLK: 42.48 (-2.24), JPM: 59.60 (-4.45), C: 40.30 (-4.16), COP: 43.17 (-2.46), BAC: 13.00 (-1.04), VZ: 54.43 (-0.24), HRB: 22.23 (-0.62)
Westlake Chemical buying Axiall for $2.33 billion
AP - Fri Jun 10, 10:10AM CDT
NEW YORK (AP) — Westlake Chemical Corp. has agreed to buy Axiall Corp. for about $2.33 billion, ending a months-long takeover battle and creating a top producer of chemicals including chlorine and plastics.
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
AXIALL CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Fri Jun 10, 9:34AM CDT
Rigrodsky & Long, P.A.:
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Axiall Corporation of an Investigation Regarding the Fairness of the Sale of the Company to Westlake Chemical Corporation for $33 Per Share - AXLL
ACCESSWIRE - Fri Jun 10, 9:04AM CDT
NEW YORK, NY / ACCESSWIRE / June 10, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
Westlake Chemical to Acquire Axiall Corporation for $33.00 Per Share in All-Cash Transaction
PR Newswire - Fri Jun 10, 8:16AM CDT
Westlake Chemical Corporation (NYSE: WLK) and Axiall Corporation (NYSE: AXLL) today announced that they have entered into a definitive agreement under which Westlake will acquire all of the outstanding shares of Axiall for $33.00 per share in an all-cash transaction, representing an enterprise value of approximately $3.8 billion, including debt and certain other Axiall liabilities. The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to be completed by the fourth quarter of 2016.
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
Axiall Corporation is Now a Strong Buy: Should You Add?
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 6:03AM CDT
Zacks Investment Research upgraded Axiall Corporation (AXLL) to a Zacks Rank #1 (Strong Buy) on Jun 3, 2016.
WLK: 42.48 (-2.24), IOSP: 45.68 (-2.77), ALB: 78.98 (-5.42), AXLL: 32.35 (-0.32)
Westlake Chemical Set to Possibly Pullback After Yesterday's Rally of 1.86%
Comtex SmarTrend(R) - Wed Jun 01, 4:04PM CDT
Westlake Chemical (NYSE:WLK) traded in a range yesterday that spanned from a low of $43.50 to a high of $45.03. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $44.75 on volume of 500,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WLK: 42.48 (-2.24)
Westlake Chemical Provides Update Regarding Its Proposal to Acquire Axiall Corporation
PR Newswire - Mon May 23, 6:30AM CDT
Westlake Chemical Corporation (NYSE: WLK) today provided the following update regarding its proposal to acquire all of the outstanding shares of Axiall Corporation (NYSE: AXLL):
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
U.S. Chemical Output Flat in April on Mixed Regional Results
Zacks Equity Research - Zacks Investment Research - Fri May 20, 12:33PM CDT
U.S. chemical output stalled in April on mixed production results across the chemical producing regions.
WLK: 42.48 (-2.24), LYB: 74.91 (-4.14), CE: 65.47 (-4.13), EMN: 68.41 (-4.60), DOW: 51.57 (-2.11)
Westlake Chemical Corporation Announces Quarterly Dividend
PR Newswire - Tue May 10, 4:30PM CDT
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK), declared on Tuesday, May 10, 2016 a dividend of $0.1815 per share. The dividend will be payable on June 7, 2016, to stockholders of record on May 23, 2016. This is the 47th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004.
WLK: 42.48 (-2.24)
Westlake Chemical Sends Letter Urging Axiall Shareholders to Vote "FOR" its Nine Highly-Qualified and Independent Nominees to Axiall's Board
PR Newswire - Wed May 04, 8:08AM CDT
Westlake Chemical Corporation (NYSE: WLK) today sent the following letter to Axiall Corporation's (NYSE: AXLL) shareholders urging them to vote the GOLD proxy card "FOR" the election to Axiall's Board of Directors of the nine highly-qualified and independent candidates nominated by Westlake at Axiall's Annual Meeting scheduled for June 17, 2016. Shareholders of record as of the close of business on May 4, 2016 will be entitled to vote at the Axiall Annual Meeting.
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
Westlake Chemical (WLK) Q1 Earnings Beat, Sales Trail
Zacks Equity Research - Zacks Investment Research - Tue May 03, 7:31AM CDT
Westlake Chemical (WLK) posted earnings of 94 cents per share in the first quarter of 2016.
WLK: 42.48 (-2.24)
Westlake beats 1Q profit forecasts
Automated Insights - Tue May 03, 5:51AM CDT
HOUSTON (AP) _ Westlake Chemical Corp. (WLK) on Tuesday reported first-quarter earnings of $123.1 million.
WLK: 42.48 (-2.24)
Westlake Chemical Corporation Announces First Quarter 2016 Earnings
PR Newswire - Tue May 03, 5:35AM CDT
Westlake Chemical Corporation (NYSE: WLK) today reported net income for the three months ended March 31, 2016 of $123.1 million, or $0.94 per diluted share, on net sales of $975.2 million. This represents a decrease in net income of $23.2 million, or $0.16 per diluted share, compared to the quarter ended March 31, 2015 net income of $146.3 million, or $1.10 per diluted share, on net sales of $1,103.5 million. Net sales for the first quarter of 2016 decreased by $128.3 million compared to net sales for the first quarter of 2015, mainly due to lower sales prices for all of our major products, partially offset by higher sales volumes for polyethylene and most of our major Vinyls products. Sales prices in the first quarter of 2016 were negatively impacted by lower crude oil prices as compared to the prior-year period. Income from operations was $202.3 million for the first quarter of 2016 as compared to $229.3 million for the first quarter of 2015. The decrease in income from operations for the first quarter of 2016 was mainly attributable to lower North American integrated product margins, primarily as a result of lower sales prices in the first quarter of 2016, partially offset by lower average feedstock and energy costs, higher product margins at our European operations and higher chlor alkali production, as compared to the first quarter of 2015.
WLK: 42.48 (-2.24)
SmarTrend Watching for Potential Rebound in Shares of Westlake Chemical After 2.22% Loss
Comtex SmarTrend(R) - Mon May 02, 4:27PM CDT
Westlake Chemical (NYSE:WLK) traded in a range yesterday that spanned from a low of $49.06 to a high of $50.65. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $49.59 on volume of 546,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WLK: 42.48 (-2.24)
Why You Shouldn't Bet Against Westlake Chemical (WLK) Stock
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 8:41AM CDT
Westlake Chemical (WLK) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
WLK: 42.48 (-2.24)
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Axiall Corporation Buyout
BusinessWire - Tue Jun 21, 3:03PM CDT
Rigrodsky & Long, P.A.:
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
INVESTOR ALERT: Levi & Korsinsky, Notifies Shareholders of Axiall Corporation of Commencement of an Investigation Regarding the Fairness of the Sale of the Company to Westlake Chemical Corporation for $33 Per Share -- AXLL
PR Newswire - Tue Jun 14, 10:32AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
AXIALL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Axiall Corporation
PR Newswire - Mon Jun 13, 1:00PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF"
are investigating the proposed sale of Axiall Corporation ("Axiall" or the "Company" (NYSE: AXLL) to Westlake Chemical Corporation (NYSE: WLK). Under the terms of the proposed transaction, shareholders of Axiall will receive only $33.00 in cash for each share of Axiall that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
Company News for June 13, 2016
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 9:10AM CDT
Companies in the News are: HRB,MFRM,AMAT,AXLL,WLK
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32), AMAT: 23.23 (-1.29), MFRM: 33.43 (+0.06), HRB: 22.23 (-0.62)
US stocks give up recent gains as oil prices sink
By MARLEY JAY - AP - Fri Jun 10, 4:19PM CDT
NEW YORK (AP) — U.S. stocks skidded Friday in a wave of selling that wiped out most of the market's gains from earlier this week. A drop in oil prices took energy companies sharply lower. Investors were also troubled by a poll showing Britain may be more likely to leave the European Union.
WLK: 42.48 (-2.24), JPM: 59.60 (-4.45), C: 40.30 (-4.16), COP: 43.17 (-2.46), BAC: 13.00 (-1.04), VZ: 54.43 (-0.24), HRB: 22.23 (-0.62)
Westlake Chemical buying Axiall for $2.33 billion
AP - Fri Jun 10, 10:10AM CDT
NEW YORK (AP) — Westlake Chemical Corp. has agreed to buy Axiall Corp. for about $2.33 billion, ending a months-long takeover battle and creating a top producer of chemicals including chlorine and plastics.
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
AXIALL CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Fri Jun 10, 9:34AM CDT
Rigrodsky & Long, P.A.:
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Axiall Corporation of an Investigation Regarding the Fairness of the Sale of the Company to Westlake Chemical Corporation for $33 Per Share - AXLL
ACCESSWIRE - Fri Jun 10, 9:04AM CDT
NEW YORK, NY / ACCESSWIRE / June 10, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
Westlake Chemical to Acquire Axiall Corporation for $33.00 Per Share in All-Cash Transaction
PR Newswire - Fri Jun 10, 8:16AM CDT
Westlake Chemical Corporation (NYSE: WLK) and Axiall Corporation (NYSE: AXLL) today announced that they have entered into a definitive agreement under which Westlake will acquire all of the outstanding shares of Axiall for $33.00 per share in an all-cash transaction, representing an enterprise value of approximately $3.8 billion, including debt and certain other Axiall liabilities. The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to be completed by the fourth quarter of 2016.
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
Axiall Corporation is Now a Strong Buy: Should You Add?
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 6:03AM CDT
Zacks Investment Research upgraded Axiall Corporation (AXLL) to a Zacks Rank #1 (Strong Buy) on Jun 3, 2016.
WLK: 42.48 (-2.24), IOSP: 45.68 (-2.77), ALB: 78.98 (-5.42), AXLL: 32.35 (-0.32)
Westlake Chemical Set to Possibly Pullback After Yesterday's Rally of 1.86%
Comtex SmarTrend(R) - Wed Jun 01, 4:04PM CDT
Westlake Chemical (NYSE:WLK) traded in a range yesterday that spanned from a low of $43.50 to a high of $45.03. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $44.75 on volume of 500,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
WLK: 42.48 (-2.24)
Westlake Chemical Provides Update Regarding Its Proposal to Acquire Axiall Corporation
PR Newswire - Mon May 23, 6:30AM CDT
Westlake Chemical Corporation (NYSE: WLK) today provided the following update regarding its proposal to acquire all of the outstanding shares of Axiall Corporation (NYSE: AXLL):
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
U.S. Chemical Output Flat in April on Mixed Regional Results
Zacks Equity Research - Zacks Investment Research - Fri May 20, 12:33PM CDT
U.S. chemical output stalled in April on mixed production results across the chemical producing regions.
WLK: 42.48 (-2.24), LYB: 74.91 (-4.14), CE: 65.47 (-4.13), EMN: 68.41 (-4.60), DOW: 51.57 (-2.11)
Westlake Chemical Corporation Announces Quarterly Dividend
PR Newswire - Tue May 10, 4:30PM CDT
The Board of Directors of Westlake Chemical Corporation (NYSE:WLK), declared on Tuesday, May 10, 2016 a dividend of $0.1815 per share. The dividend will be payable on June 7, 2016, to stockholders of record on May 23, 2016. This is the 47th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004.
WLK: 42.48 (-2.24)
Westlake Chemical Sends Letter Urging Axiall Shareholders to Vote "FOR" its Nine Highly-Qualified and Independent Nominees to Axiall's Board
PR Newswire - Wed May 04, 8:08AM CDT
Westlake Chemical Corporation (NYSE: WLK) today sent the following letter to Axiall Corporation's (NYSE: AXLL) shareholders urging them to vote the GOLD proxy card "FOR" the election to Axiall's Board of Directors of the nine highly-qualified and independent candidates nominated by Westlake at Axiall's Annual Meeting scheduled for June 17, 2016. Shareholders of record as of the close of business on May 4, 2016 will be entitled to vote at the Axiall Annual Meeting.
WLK: 42.48 (-2.24), AXLL: 32.35 (-0.32)
Westlake Chemical (WLK) Q1 Earnings Beat, Sales Trail
Zacks Equity Research - Zacks Investment Research - Tue May 03, 7:31AM CDT
Westlake Chemical (WLK) posted earnings of 94 cents per share in the first quarter of 2016.
WLK: 42.48 (-2.24)
Westlake beats 1Q profit forecasts
Automated Insights - Tue May 03, 5:51AM CDT
HOUSTON (AP) _ Westlake Chemical Corp. (WLK) on Tuesday reported first-quarter earnings of $123.1 million.
WLK: 42.48 (-2.24)
Westlake Chemical Corporation Announces First Quarter 2016 Earnings
PR Newswire - Tue May 03, 5:35AM CDT
Westlake Chemical Corporation (NYSE: WLK) today reported net income for the three months ended March 31, 2016 of $123.1 million, or $0.94 per diluted share, on net sales of $975.2 million. This represents a decrease in net income of $23.2 million, or $0.16 per diluted share, compared to the quarter ended March 31, 2015 net income of $146.3 million, or $1.10 per diluted share, on net sales of $1,103.5 million. Net sales for the first quarter of 2016 decreased by $128.3 million compared to net sales for the first quarter of 2015, mainly due to lower sales prices for all of our major products, partially offset by higher sales volumes for polyethylene and most of our major Vinyls products. Sales prices in the first quarter of 2016 were negatively impacted by lower crude oil prices as compared to the prior-year period. Income from operations was $202.3 million for the first quarter of 2016 as compared to $229.3 million for the first quarter of 2015. The decrease in income from operations for the first quarter of 2016 was mainly attributable to lower North American integrated product margins, primarily as a result of lower sales prices in the first quarter of 2016, partially offset by lower average feedstock and energy costs, higher product margins at our European operations and higher chlor alkali production, as compared to the first quarter of 2015.
WLK: 42.48 (-2.24)
SmarTrend Watching for Potential Rebound in Shares of Westlake Chemical After 2.22% Loss
Comtex SmarTrend(R) - Mon May 02, 4:27PM CDT
Westlake Chemical (NYSE:WLK) traded in a range yesterday that spanned from a low of $49.06 to a high of $50.65. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $49.59 on volume of 546,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
WLK: 42.48 (-2.24)
