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KeyBanc Reinstates Koppers Holdings Coverage: Hold
Thursday, September 1, 2011 - 3:23pmKeyBanc Capital Markets reinstated its Koppers Holdings (NYSE: KOP) coverage with a Hold rating in a research report published today. In the report, KeyBanc states, "KOP's dominant market position in its core businesses and leverage toward global growth in primary aluminum production are positives...
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Monday's Investor Idea: The Smart TV Market
Tuesday, August 30, 2011 - 3:54pmPOINT ROBERTS, Aug. 29, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on Monday's trading idea, consumer electronics stocks in the Smart TV/ Connected TV market . The market penetration is showing rapid growth globally and presents an...
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Market Update
Monday, August 22, 2011 - 8:43amShares of Patrick Industries Inc (NASDAQ: PATK) fell about 1.4% after the company appointed John A. Forbes to its Board of Directors, effective August 18, 2011. Shares of Westlake Chemical Corp (NYSE: WLK) rose about 3.3% after the company announced its plans to buy back as much as $100 million of...
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Westlake Chemical Announces $100M Share Repurchase Program; Declares a 16% Increase in Quarterly Dividends
Monday, August 22, 2011 - 5:49amThe board of directors of Westlake Chemical Corporation (NYSE: WLK) on Friday authorized the company to repurchase up to $100 million in shares of its common stock. The board also declared on Friday a dividend of 7.375 cents per share, payable on September 13, 2011, to stockholders of record on...
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Pre-Market Losers; Cincinnati Bell Down 13%
Friday, August 19, 2011 - 8:23amCincinnati Bell (NYSE: CBB) -13.18% Aeropostale (NYSE: ARO) -12.97% on disappointing same store sales data. Nordson Corporation (NASDAQ: NDSN) -10.39% on disappointing earnings and guidance. DexCom (NASDAQ: DXCM) -8.94% on heavy volume. Advantage Oil & Gas (NYSE: AAV) -8.93% on heavy...
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UPDATE: J.P. Morgan Lowers PT on Westlake Chemical to $49
Friday, August 12, 2011 - 6:44amJ.P. Morgan is out with its report today on Westlake Chemical (NYSE: WLK), lowering its PT to $49 from $60. In its report, J.P. Morgan writes, "We rate Westlake Overweight. WLK trades at 4.2x EV/EBITDA for 2012 versus a peer range of 3.1x-5.3x. Our December 2012 price target of $49 reflects a 5.0x...
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JP Morgan Lowers PT On Westlake Chemical To $49
Friday, August 12, 2011 - 5:23amJP Morgan has lowered the price target on Westlake Chemical (NYSE: WLK) from $60 to $49 and maintains its Overweight rating.
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Top 4 Stocks In The Pollution & Treatment Controls Industry With The Highest Operating Margin
Friday, August 12, 2011 - 2:34amBelow are the top pollution & treatment controls stocks in terms of operating margin. The trailing-twelve-month operating margin at Duoyuan Global Water Inc (NYSE: DGW) is 32.21%. DGW's ROE for the same period is 14.48%. The trailing-twelve-month operating margin at RINO International...
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Innophos Holdings, Inc. Announces Share Buyback Program of Up to $50 Million
Thursday, August 11, 2011 - 7:10amInnophos Holdings, Inc. (NASDAQ: IPHS) today announced that its board of directors has authorized a repurchase program for Company common stock of up to $50 million. Under the program, shares will be repurchased from time to time at management's discretion, either through open market transactions...
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Thursday, August 11, 2011 - 6:53am
News Summary for August 11, 2011
This is your Benzinga news summary and traders' outlook for Thursday, August 11, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower after a 500 point drop in the Dow yesterday. At last check, Dow...
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