Stock Market News for June 28, 2016
Zacks Equity Research - Zacks Investment Research - Tue Jun 28, 9:10AM CDT
Britain’s decision to “Leave” the European Union continued to drag the benchmarks into negative territory for two straight sessions
C: 42.80 (+0.51), FCX: 12.14 (+0.49), IP: 43.03 (+0.28), HAL: 45.20 (+0.72), COP: 43.39 (+0.94), XOM: 94.60 (+0.71), WFC: 48.50 (+0.42), BAC: 13.37 (+0.16), SLB: 78.75 (+0.73), NEE: 129.44 (-0.25), GS: 153.99 (+1.80), PXD: 158.49 (+5.49), LYB: 75.96 (-0.78), JPM: 62.97 (+0.70), DD: 64.24 (+0.55), CVX: 106.20 (+0.81), DOW: 50.17 (+0.32)
LyondellBasell to Gain from Expansion Moves Amid Challenges
Zacks Equity Research - Zacks Investment Research - Tue Jun 28, 7:04AM CDT
We have issued an updated research report on Netherlands-based chemical giant LyondellBasell Industries (LYB).
LYB: 75.96 (-0.78), IOSP: 47.67 (+0.43), ALB: 83.63 (+0.05)
U.S. Chemical Output Nudges Up in May, All Regions Nab Gain
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 4:15PM CDT
U.S. chemical production ticked up in May on modest gains across the seven chemical producing regions.
WLK: 43.64 (+0.15), LYB: 75.96 (-0.78), CE: 67.00 (-0.14), EMN: 69.10 (+0.58), DOW: 50.17 (+0.32)
After Yesterday's Rally of 1.25% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jun 20, 2:49PM CDT
LyondellBasell Industries (NYSE:LYB) traded in a range yesterday that spanned from a low of $80.74 to a high of $82.60. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $80.25 on volume of 1.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LYB: 75.96 (-0.78)
Watch for LyondellBasell Industries to Potentially Rebound After Falling 1.69% Yesterday
Comtex SmarTrend(R) - Tue Jun 14, 12:37PM CDT
LyondellBasell Industries (NYSE:LYB) traded in a range yesterday that spanned from a low of $77.75 to a high of $80.62. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $78.86 on volume of 2.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
LYB: 75.96 (-0.78)
Downgrade Alert for LyondellBasell Industries (LYB)
Comtex SmarTrend(R) - Tue Jun 14, 3:17AM CDT
LyondellBasell Industries (NYSE:LYB) was downgraded from Outperform to Market Perform at Cowen and Company today. The stock closed yesterday at $79.22 on volume of 3.7 million shares, above average daily volume of 3.2 million. LyondellBasell Industries NV is a manufacturing company. The Company produces chemicals, fuels, and polymers used for packaging, clean fuels, durable textiles, medical applications, construction materials, and automotive parts. LyondellBasell Industries operates globally and is headquartered in the Netherlands.
LYB: 75.96 (-0.78)
Look for Shares of LyondellBasell Industries to Potentially Pullback after Yesterday's 1.10% Rise
Comtex SmarTrend(R) - Tue Jun 07, 12:19PM CDT
LyondellBasell Industries (NYSE:LYB) traded in a range yesterday that spanned from a low of $81.17 to a high of $82.87. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $81.99 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LYB: 75.96 (-0.78)
LyondellBasell to Address Deutsche Bank Global Industrials and Materials Summit
PR Newswire - Tue May 31, 11:16AM CDT
LyondellBasell (NYSE: LYB), one of the world's largest plastics, chemical and refining companies, today announced that Doug Pike, vice president of Investor Relations, will address investors at the Deutsche Bank Global Industrials and Materials Summit on June 9, 2016, at 11:20 a.m. CDT. The conference will take place at The Westin River North in Chicago.
LYB: 75.96 (-0.78), DB: 14.09 (+0.79)
Stock Market News for May 27, 2016
Zacks Equity Research - Zacks Investment Research - Fri May 27, 9:10AM CDT
Benchmarks closed mixed on Thursday as investors took a cautious stance ahead of Fed Chair Janet Yellen’s comments expected today
MON: 102.58 (-0.10), PCG: 64.73 (-0.10), DUK: 86.01 (unch), FCX: 12.14 (+0.49), C: 42.80 (+0.51), XOM: 94.60 (+0.71), BAC: 13.37 (+0.16), MS: 26.66 (+0.20), AEP: 70.70 (-0.01), DLTR: 94.87 (-0.21), LYB: 75.96 (-0.78), GS: 153.99 (+1.80), JPM: 62.97 (+0.70), CF: 24.70 (+0.03), DD: 64.24 (+0.55), CVX: 106.20 (+0.81), DOW: 50.17 (+0.32)
Look for Shares of LyondellBasell Industries to Potentially Pullback after Yesterday's 2.08% Rise
Comtex SmarTrend(R) - Wed May 25, 1:51PM CDT
LyondellBasell Industries (NYSE:LYB) traded in a range yesterday that spanned from a low of $81.10 to a high of $82.75. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $81.59 on volume of 1.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LYB: 75.96 (-0.78)
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: 43.64 (+0.15), LYB: 75.96 (-0.78), CE: 67.00 (-0.14), EMN: 69.10 (+0.58), DOW: 50.17 (+0.32)
LyondellBasell to Address the Bernstein 32nd Annual Strategic Decisions Conference
PR Newswire - Tue May 17, 1:04PM CDT
LyondellBasell (NYSE: LYB), one of the world's largest plastics, chemical and refining companies, today announced that Bob Patel, CEO and chairman of the management board, will address investors at the Bernstein 32nd Annual Strategic Decisions Conference on June 3, 2016, at 10:00 a.m. EDT. The conference will take place at The Waldorf Astoria Hotel in New York.
LYB: 75.96 (-0.78)
LyondellBasell Bumps Up Dividend, Announces Share Buyback
Zacks Equity Research - Zacks Investment Research - Mon May 16, 5:26AM CDT
LyondellBasell (LYB) has raised its quarterly dividend by 9% and declared a new 10% share repurchase program.
LYB: 75.96 (-0.78), SHI: 48.28 (+0.53)
LyondellBasell Announces New Share Repurchase Program and Increased Dividend
PR Newswire - Fri May 13, 7:55AM CDT
LyondellBasell (NYSE: LYB) today announced that its Supervisory Board has authorized the company's Management Board to declare an interim dividend of $0.85 per share, representing a nine percent increase from the company's first quarter 2016 dividend. The interim dividend will be paid June 7, 2016 to shareholders of record May 24, 2016, with an ex-dividend date of May 20, 2016.
LYB: 75.96 (-0.78)
LyondellBasell Receives National MS Society Circle of Distinction Award
PR Newswire - Mon May 09, 4:43PM CDT
LyondellBasell (NYSE: LYB), one of the world's largest plastics, chemical and refining companies, has been honored with the Circle of Distinction Award from the National MS Society for raising a total of $1.4 million to help people living with multiple sclerosis.
LYB: 75.96 (-0.78)
LyondellBasell to Address Goldman Sachs Basic Materials Conference
PR Newswire - Mon May 02, 3:38PM CDT
LyondellBasell (NYSE: LYB), one of the world's largest plastics, chemical and refining companies, today announced that Doug Pike, vice president, Investor Relations, will address investors at the Goldman Sachs Basic Materials Conference on May 17, 2016, at 9:45 a.m. EDT. The conference will take place at the Goldman Sachs Conference Center in New York.
LYB: 75.96 (-0.78)
LyondellBasell to Address Wells Fargo Securities Industrial and Construction Conference
PR Newswire - Fri Apr 29, 9:13AM CDT
LyondellBasell (NYSE: LYB), one of the world's largest plastics, chemical and refining companies, today announced that Doug Pike, vice president, Investor Relations, will address investors at the Wells Fargo Securities Industrial and Construction Conference on May 11, 2016, at 3:15 p.m. EDT. The conference will take place at the New York Palace Hotel in New York.
LYB: 75.96 (-0.78), WFC: 48.50 (+0.42)