Browse by ▼

Albemarle Corp

  • 2 Chemical Stocks to Hold

    By Masam Abbas - April 12, 2013 | Tickers: ALB, DD, DOW

    Chemical companies have established a diversified revenue base over the years and the electronics segment has been an important revenue driver for these companies. When I talk about electronics, I mean the investments made by chemical companies in products like photovoltaic, TVs, LCDs, PCs  and so on.

    The ongoing weakness in the electronics business has sent bearish signals to the market. However, what needs to be seen is that does more »

  • 2 Chemical Stocks to Hold

    By Masam Abbas - April 8, 2013 | Tickers: ALB, DD, DOW

    The ongoing weakness in the electronics business has sent bearish signals to the market. Many industries have suffered as a result of this weakness and the chemical industry is one of them. However, what needs to be seen is that does the ongoing weakness in the electronics business give investors enough reason to take a short position in this industry? Let’s have a look at some of the main more »

  • Iridian Asset Management Owns 6% of W.R. Grace

    By Meena Krishnamsetty - February 2, 2013 | Tickers: ALB, MEOH, ROC 130817C00060000, RPM, GRA

    A 13G filed with the SEC has disclosed that Iridian Asset Management, a special situations fund managed by David Cohen and Harold Levy, now owns 4.5 million shares of W.R. Grace (NYSE: GRA). W.R. Grace is a $5.4 billion market cap specialty chemicals company best known for its catalysts which are used to convert oil into transportation fuels. In the third quarter of 2012, Iridian increased more »

  • Prospect of Chemical Manufacturer

    By Nitika Agrawal - January 24, 2013 | Tickers: ALB, CAT, CHMT, GRA

    Albemarle Corporation (NYSE: ALB) develops, manufactures, and markets engineered specialty chemicals in the United States as well as worldwide. In 2012, it continued to deliver strong returns for its shareholders and build an even stronger foundation for sustainable long-term growth. Moreover its Hydro processing catalysts segment finished 2012 with outstanding performance year-over-year, as the segments fourth quarter net sales went up by 61% and profits were up by 85%.

    Latest more »

  • Two Insiders Love This Chemicals Stock

    By Meena Krishnamsetty - November 30, 2012 | Tickers: ALB, CBT, CHMT, EMN, KRO

    Robert Dover, a member of the Board of Directors at Chemtura Corporation (NYSE: CHMT), directly purchased 8,700 shares of the company’s stock on Nov. 27 at an average price of $20.04 per share. Dover now owns a little over 23,000 shares in the $2 billion market cap specialty chemicals company, so this recent purchase represented a substantial percentage increase in his exposure to the stock. At more »

  • You Can Get this Chemical Stock Cheaper Than its Insiders

    By Meena Krishnamsetty - July 31, 2012 | Tickers: ALB, ASH, CHMT, GRA

    Albemarle Corporation's (NYSE: ALB) stock has not performed well over the last three months, down about 15% versus the S&P 500’s 5%. The company’s 10-Q, released last week, did little to change the stock’s fortunes as it beat earnings estimates by only a penny per share. Revenue and earnings were substantially down compared to the second quarter of 2011, and the same is true if more »

  • Codexis Expands Rolodex

    By Maxxwell A.R. Chatsko - June 8, 2012 | Tickers: ALB, CDXS, RDS-A

    Earlier this week Codexis (NASDAQ: CDXS) announced that the board of directors had completed their search for the company’s next CEO and appointed Albemarle’s (NYSE: ALB) VP of Catalysts John J. Nicols as the new company leader. It was a welcomed move by investors, who responded by lifting shares 10%, but it may only be short-lived as there is still one big question looming overhead.

    The search for more »