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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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October 16, 2014
07:27 EDTLYBLyondellBasell recent sell-off overdone, says Deutsche Bank
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October 9, 2014
10:00 EDTLYBOn The Fly: Analyst Initiation Summary
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October 8, 2014
16:29 EDTLYBU.S. Chemicals sector initiated with an Overweight at RBC Capital
RBC Capital started the U.S. Chemicals sector with an Overweight rating citing the growth of shale gas. The firm lists ethylene stocks LyondellBasell (LYB), Westlake Chemical (WLK) and Dow Chemical (DOW) its top picks in the space. RBC views coatings stocks as good ways to play the pending recovery in construction, and has Outperform ratings on Sherwin-Williams (SHW) and PPG Industries (PPG). RBC put its only Underperform rating in the sector on Axiall (AXLL), citing the company's short ethylene position and leverage to single-family housing.
16:19 EDTLYBLyondellBasell initiated with a Top Pick at RBC Capital
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October 7, 2014
07:27 EDTLYBEU repreive on oil sands label a victory for Canada, WSJ says
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