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Weeks after the tragedies in Buffalo, New York, and Uvalde, Texas, the U.S. Senate has taken initial steps towards passing the first major gun legislation in decades. The package cleared an initial procedural hurdle in a 64-34 vote, marking a rare display of compromise from a chamber that has...
Construction materials and mining/metals look attractive in valuation and quality. FXZ is a smarter and more balanced alternative to XLB. 9 stocks cheaper than their peers in June. For further details see: FXZ: Materials Dashboard For June
The S&P Materials sector closed the trading week in red at -5.27%. The Materials Select Sector SPDR (NYSEARCA:XLB) was also down around 6%. Gold and palladium witnessed sharp declines on Monday, as the dollar rallied on the increasing likelihood of steep interest rate hikes by t...
Westlake (NYSE:WLK) -6.2% in Wednesday's trading, tumbling to its lowest in more than three months, after it declared force majeure on chlorine and all grades of caustic soda throughout its U.S. system, S&P Global Platts reported. Westlake (WLK) said its chlor-alkali production "has been ...
Gainers: Heliogen (HLGN) +26%. Austin Gold (AUST) +20%. Algoma Steel Group (ASTL) +17%. Benson Hill (BHIL) +10%. Mesa Royalty Trust (MTR) +10%. Losers: China Green Agriculture (CGA) -10%. Olin Corporation (OLN) -9%. Gulf Resources (GURE) -7%. Westlake (WLK) -6%. Excelerate Energy (E...
With the broader market waiting for the Federal Reserve's latest interest rate decision, a handful of individual stocks saw movement on news in Wednesday's midday trading. Among the big names, Boeing (NYSE:BA) received buying interest on word of 737 MAX test flights in China. Netflix (NFLX) w...
Olin (NYSE:OLN) -7.1% in Wednesday's trading after saying it is temporarily curtailing a significant part of ethylene dichloride and related chlor-alkali production at its Freeport, Texas, plant, and epoxy and related upstream inputs production at its Freeport and Guaruja, Brazil, facilities,...
OLIN PROVIDES OPERATIONS UPDATE PR Newswire CLAYTON, Mo. , June 14, 2022 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced that half of its Plaquemine, Louisiana chlor alkali facility has returned to operation, which has been down since April 2...
Olin's epoxy segment will have some softness near term. However, Russia's sales of ammunition which amounted to 12% of US imports is now in peril. Winchester segment could have a lot of near-term growth opportunities. I make the case that Olin could return to shareholders approxim...
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Olin Corporation Provides Update on Hurricane Beryl PR Newswire CLAYTON, Mo. , July 10, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced a temporary disruption of operations at its Freeport, Texas , facility as a result of Hurricane Beryl. ...
2024-07-10 07:00:09 ET Aleksey Yefremov from KeyBanc issued a price target of $69.00 for OLN on 2024-07-10 06:00:00. The adjusted price target was set to $69.00. At the time of the announcement, OLN was trading at $45.54. The overall price target consensus is at $67.64 w...