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Stock Market & Financial Investment News

News Breaks
March 1, 2013
12:21 EDTLYBLyondellBasell spikes higher, levels to watch
The Houston Biz Journal noted that the CEO of LyondellBasell (LYB) is studying the possibility of converting an ethylene cracker to a Master Limited Partnership, or MLP, structure. The stock spiked higher on that news, but has come in a bit from the highs of the session at $60.64, which is now resistance. Support is at $58.94.
News For LYB From The Last 14 Days
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July 28, 2015
07:05 EDTLYBLyondellBasell says Q3 outlook for portfolio remains positive
LyondellBasell said, "The outlook for the third quarter remains positive for our portfolio. Natural gas and NGL remain well supplied and favorably priced. Significant global olefin and polyolefin supply shortages are starting to rebalance as supply returns to the market, but balances have remained favorable through July. Late in the third quarter, we will begin planned outages at two of our Intermediate and Derivatives production sites and at one European olefins plant."
07:04 EDTLYBLyondellBasell reports Q2 EPS $2.81, consensus $2.70
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July 27, 2015
15:03 EDTLYBNotable companies reporting before tomorrow's open
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08:01 EDTLYBLyondellBasell declares 78c interim dividend
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