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Stock Market & Financial Investment News

News Breaks
February 1, 2013
08:35 EDTLYBLyondellBasell reports Q4 continuing ops. EPS $1.13 vs. 5c last year
Reports Q4 revenue $11.1B vs. $10.98B last year.
News For LYB From The Last 14 Days
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May 22, 2013
16:05 EDTLYBLyondellBasell announces 10% share repurchase program, raises interim dividend
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May 21, 2013
07:28 EDTLYBGoldman to host a conference
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07:26 EDTLYBBarclays to host a conference
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May 20, 2013
08:04 EDTLYBBofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
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May 15, 2013
17:26 EDTLYBThird Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN).
14:31 EDTLYBLyondellBasell to shut down HDPE unit in Germany during Q3
LyondellBasell announced that it will shut down a high density polyethylene unit in Wesseling, Germany in the third quarter. The 100 KT per year unit is among the smallest and least efficient of the LyondellBasell HDPE units in Europe. The company has sufficient HDPE capacity to meet customer needs from its larger scale facilities. "LyondellBasell continues to take definitive steps to reorganize our operations in Europe to increase efficiency, reduce costs and improve the competitiveness of our businesses," said Bob Patel, Senior Vice President, Olefins & Polyolefins, Europe, Asia and International. "The closure of under-competitive assets, along with the restructuring and efficiency-improvement initiatives in our business areas, manufacturing and R&D, will better position LyondellBasell to compete in today's economic environment."
May 13, 2013
10:09 EDTLYBOn The Fly: Analyst Upgrade Summary
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05:49 EDTLYBLyondellBasell upgraded to Buy from Neutral at Citigroup
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