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BAK News and Press, Braskem SA ADR

Stock Information

Company Name: Braskem SA ADR
Stock Symbol: BAK
Market: NYSE
Website: braskem.com.br

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BAK - Braskem: Likely Waiting To Be Purchased

2024-06-14 17:21:03 ET Summary Braskem's controlling holding, Novonor, is looking for a buyer for its stake in the company. The proposals to purchase this stake exceed the company's current market cap by two times. For this reason, I believe that the dangerous risks, such as t...

BAK - Braskem Looks To Exit A Period Of Painful Spread Compression

2024-06-14 12:28:57 ET Summary Braskem has faced significant margin pressure as resin spreads have shrunk due to weaker demand in construction, industrial, and consumer markets and disadvantageous naphtha cost exposure. Although resin demand should be bottoming out, capacity addit...

BAK - Petrobras: Prates Ousting Breaks Uneasy Balance Between Government And Shareholder Interests

2024-05-20 17:28:40 ET Summary Petrobras reported a softer Q1 with profits down ~38% YoY as higher refining costs and lower product volumes cut Downstream profits by 37%. Following the earnings release, the company announced it would part ways with CEO Jean Paul Prates who had rec...

BAK - Braskem Expands Its Fuels Business Portfolio With the Launch of Octane Plus

The launch of Octane Plus production will serve the premium segment of the automotive fuels market Octane Plus meets the demanding needs of today’s high-performance engines Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”) , the ...

BAK - OPEC supply in focus with oil prices still under pressure

2024-05-10 20:25:34 ET More on crude oil An Alarming Trend Is Developing In US Shale Oil Production Geopolitical Conflict Threatens Yet Another Shipping Choke Point Middle East Escalation Boosts Oil Supply Risks Read the full article on Seeking Alpha ...

BAK - Braskem posts Recurring EBITDA of US$230 million in the quarter, 9% higher than 4Q23 and 12% higher than 1Q23

Braskem posts Recurring EBITDA of US$230 million in the quarter, 9% higher than 4Q23 and 12% higher than 1Q23 PR Newswire SÃO PAULO , May 9, 2024 /PRNewswire/ -- BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest resin producer i...

BAK - Commodity Roundup: Gold eases as steady dollar dampens appeal, oil prices mixed

2024-05-07 06:07:36 ET Recent Commodity Price Movements and A look At Some ETFs Energy Crude oil ( CL1:COM ) -0.10% to $78.40. Natural Gas ( NG1:COM ) -0.98% to $2.17. Metals Palladium ( XPDUSD:CUR )&#...

BAK - Petrobras awaiting offers from other Braskem suitors, CEO says

2024-05-06 16:56:50 ET More on Petrobras The Petrobras Absurdity: Yield Exceeds P/E Petrobras: We Shouldn't Be Unnerved By The Overblown Dividend Crisis Petrobras: Repeating Past Mistakes, I Don't Recommend Buying Shares Read the full article on Seeking Alp...

BAK - US Companies Moving the Markets, Morning edition
Mon, May 06, 2024 as of 10.00 am ET

A look at the top 10 most actives in the United States XBP Europe Holdings Inc. (XBP) rose 69.1% to $3.5846 on volume of 37,660,870 shares Lyra Therapeutics Inc. (LYRA) fell 90.2% to $0.3942 on volume of 21,985,500 shares NIO Inc. American depositary shares each representing one Class A (...

BAK - Braskem plunges as Adnoc ends talks to buy stake

2024-05-06 09:17:34 ET More on Braskem Braskem: A Rising Odds For ADNOC Deal, Though Declining Risk-Reward Seeking Alpha's Quant Rating on Braskem Financial information for Braskem Read the full article on Seeking Alpha For further details see: Br...

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