Commodity Chemicals

J.P. Morgan Chase & Co. is lowering its price target on shares of Westlake Chemical Corp. (NYSE: WLK) to $60 from $66, but it is keeping its Overweight rating on shares. In a note to clients, J.P. Morgan Chase & Co. writes, "We trimmed our 2011 EPS estimate for Westlake Chemical from $5.00...

JP Morgan has lowered the price target on Westlake Chemical Corporation (NYSE: WLK) from $66 to $60 and maintains its Overweight rating.

Icagen Inc (NASDAQ: ICGN) shares rose 129.18% to create a new 52-week high of $5.50. Pfizer Inc (NYSE: PFE) reported that it is considering a strategic transaction with Icagen. Cornerstone Therapeutics Inc (NASDAQ: CRTX) shares gained 7.01% to create a new 52-week high of $8.43. CRTX's trailing-...

Welcome to edition fifty five of Insider Weekends. Insider buying increased with insiders purchasing $69.72 million of their stock last week when compared to $43.2 million in the week prior. Selling on the other hand decreased with insiders selling $550.9 million worth of stock compared to $1....

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Bristol-Myers Squibb (NYSE: BMY): Shares of Bristol-Myers Squibb hit a 52-week...

Fuwei Films (NASDAQ: FFHL) today announced that its wholly-owned subsidiary, Fuwei Films Co., Ltd. has obtained a EUR 10.7 million Letter of Credit from Bank of China, Weifang Branch to use towards purchasing new production line equipment, including self-funded 7.37 million EUR and 3.33 million EUR...

Goldman Sachs is initiating coverage on shares of Georgia Gulf Corp. (NYSE: GGC) with a Neutral rating and a $30 price target. In a note to clients, Goldman writes, "We initiate coverage on GGC, a small-cap chemical and building products company, with a Neutral rating and $30, 12-month price...

Goldman Sachs has initiated coverage on Georgia Gulf Corporaiton (NYSE: GGC) with a Neutral rating and $30 price target.

Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for the following products effective July 1, 2011, or as contracts allow.

Dahlman Rose is out with its report today on Georgia Gulf (NYSE: GGC), reiterating Buy. In a note to clients, Dahlman Rose writes, "We remain positive on GGC shares as we expect the company to benefit from better pricing and margins as it moves beyond the PVC force majeure and chlor/alkali...

J.P. Morgan, which lowered its PT on shares of Georgia Gulf Corp. (NYSE: GGC), is providing some color on the stock. “We reduced our 2Q:11 EPS estimate from $0.43 to $0.12, and we lowered our 2011 EPS forecast from $2.35 to $2.00,” J.P. Morgan writes. “Our 2012 EPS estimate is $3.20 versus $4.00...

Piper Jaffray is out with its report today on Calgon Carbon (NYSE: CCC), maintaining Neutral. In a note to clients, Piper Jaffray writes, "We are maintaining our Neutral rating on CCC shares after attending the American Waterworks Association annual tradeshow in Washington D.C. Overall, tone at...

JP Morgan has lowered the price target on Georgia Gulf (NYSE: GGC) from $35 to $29 and maintains its Neutral rating.

Goldman Sachs is reiterating its Buy rating on Celanese Corp. (NYSE: CE) as the company plans to accelerate its commercialization efforts. Says Goldman Sachs, in the report, “This afternoon, CE announced that it will accelerate the commercialization of its revolutionary new ethanol production...

Innophos Holdings Inc (NASDAQ: IPHS) shares are up another 5% today, gaining $2.45 to $47.16, a gain of 5.5% after the stock was mentioned positively in Barron's over the weekend. This is the second big move this week for Innophos Holdings after the mention in Barron's. Both moves have come on...