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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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April 24, 2015
16:19 EDTLYBOn The Fly: Top stock stories for Friday
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11:42 EDTLYBLyondellBasell to evaluate strategies including M&A, Bloomberg says
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07:10 EDTLYBLyondellBasell says April business conditions consistent with Q1
During the first few weeks of April, business conditions within olefins and polyolefins segments have been relatively consistent with the first quarter. Planned and unplanned industry downtime has continued to support polyolefins pricing. Additionally, in the U.S., NGL feedstock inventories stand at or near record levels, production has remained strong, and NGL prices are low. During the quarter, the company expects Intermediate and Derivatives segment to benefit from normal seasonal trends. Thus far, Refining industry spreads have declined versus the first quarter but remain healthy.
07:09 EDTLYBLyondellBasell reports Q1 EPS excluding LCM $2.54, consensus $1.98
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07:08 EDTLYBLyondellBasell reports Q1 EPS cont ops $2.42, consensus $1.98
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April 23, 2015
15:01 EDTLYBNotable companies reporting before tomorrow's open
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