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Stock Market & Financial Investment News

News Breaks
January 28, 2013
19:44 EDTOLNOlin Corp. sees Q1 diluted EPS 40c-45c, consensus 56c
Chlor Alkali Q1 earnings are expected to decline compared to 1Q12 due to lower volumes and pricing. Commercial volumes in Winchester are expected to remain at elevated levels and as a result, Q1 earnings are forecast to significantly exceed 1Q12 earnings. Q1 results are expected to include approximately $3.5M of restructuring charges.
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October 8, 2014
16:29 EDTOLNU.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.
16:20 EDTOLNOlin Corp. initiated with a Sector Perform at RBC Capital
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