(EMAILWIRE.COM, March 19, 2010 ) Dallas, Tx - PolyOne Corporation (NYSE:POL) rose 13.20% to $10.12. The stock today also touched a new 52 week high at $10.36. The company announced that for first quarter of 2010, it expects revenue to exceed $600 million and earnings per share (EPS) before special items and tax adjustments to be approximate $0.15. The First Call Consensus Estimate for the first quarter of 2010 is currently $0.09 per share. According to Reuters Estimates, analysts on an average were expecting the Company to report revenue of $543 million and EPS of $0.08 for first quarter of 2010.
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Titanium Metals Corporation (NYSE:TIE) surged 3.16% to $14.68. The stock has a 52-week range of $5.14-$15.33. So far in the last six months trade the stock went up over 45%.
Nexen Inc. (USA) (NYSE:NXY) is amongst the top gainer in the early morning trade and soared 1.61% to $23.94 after today it said that Royal Dutch Shell made a "significant discovery" in the Eastern Gulf of Mexico at the Appomattox well in Mississippi Canyon blocks 391 and 392. Nexen holds a 20% stake in the project, and Shell operates the well and owns 80%. The discovery well, located in 7,217 feet of water, was drilled to a depth of 25,077 feet true vertical depth and encountered approximately 425 feet net true vertical thickness of oil pay. "Well results have exceeded our pre-drill expectations," the company said.
Globe Specialty Metals, Inc. (NASDAQ:GSM) added 2.63% to $11.30. The stock today touched a new 52 week high at $11.40.
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