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Stock Market & Financial Investment News

News Breaks
November 19, 2012
06:09 EDTWLKWestlake Chemical declares special dividend of $3.75 per share
The board of Westlake Chemical declared on Friday a special dividend of $3.75 per share. The special dividend and the regular quarterly dividend will be payable on December 12, to stockholders of record on November 26. The regular quarterly dividend and the special dividend will entail the payment of approximately $12.5M and $250M, respectively. The funds will be provided from cash on hand.
News For WLK From The Last 14 Days
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October 9, 2014
10:00 EDTWLKOn The Fly: Analyst Initiation Summary
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October 8, 2014
16:29 EDTWLKU.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 EDTWLKWestlake Chemical initiated with an Outperform at RBC Capital
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