86.96 0.00 (0.00%)
After hours: 5:22PM EDT
|Bid||86.99 x 800|
|Ask||87.46 x 800|
|Day's Range||86.10 - 87.32|
|52 Week Range||73.94 - 116.63|
|Beta (3Y Monthly)||1.36|
|PE Ratio (TTM)||7.82|
|Forward Dividend & Yield||4.20 (4.86%)|
|1y Target Est||N/A|
LyondellBasell's (LYB) collaboration with Neste indicates a major milestone in the commercialization of the latter's renewable polymers and chemicals business.
LyondellBasell Industries NV NYSE:LYBView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for LYB with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LYB. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding LYB are favorable, with net inflows of $10.18 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Basic Materials sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Odebrecht, one of the companies at the heart of Brazil’s long-running “Car Wash” graft investigation, has filed for bankruptcy protection in a bid to restructure about $13bn in debt. that has dominated Latin America’s largest country for years and has led to the arrests of scores of high-profile politicians and businesspeople. about the future of the investigation following revelations last week that appeared to show collusion between a prominent judge and the prosecutors leading the probe.
Brazilian conglomerate Odebrecht SA filed on Monday for bankruptcy protection, aiming to restructure 51 billion reais ($13 billion) of debt in what would be one of Latin America's largest-ever in-court debt restructurings. The bankruptcy filing comes after years of struggles for Odebrecht, the biggest of the Brazilian engineering groups caught in a sweeping political corruption investigation that has rippled across Latin America. Shares in Braskem are pledged as collateral to the creditors.
Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 9 percentage points since the end of the third quarter of 2018 as investors worried over the possible ramifications of rising interest rates and escalation of the trade war with China. The hedge funds and institutional investors we track typically invest more […]
For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more...
Prosecutors for the Brazilian northeastern state of Alagoas filed a lawsuit against the country's largest petrochemical company, Braskem SA, seeking to guarantee compensation for damages caused by the firm, the Alagoas government said on Friday. In the lawsuit, the state asks a local court to block any attempt from Braskem's controlling shareholder, the Odebrecht conglomerate, to spin off the business based in Alagoas to facilitate a possible deal to sell the petrochemical company. Odebrecht, which is struggling to restructuring its 80 billion reais ($20.63 billion) in debt, had plans to sell a controlling stake in Braskem.
Odebrecht SA's failure to sell its controlling stake in petrochemical company Braskem SA to LyondellBasell Industries NV and lack of cash are complicating the task of restructuring 80 billion reais ($20.67 billion) in debt owed by the corruption-ensnared conglomerate, three sources with knowledge of the matter said. The conglomerate was counting on Braskem dividends to service its debt. LyondellBasell said on Tuesday it ended talks with Odebrecht SA to buy Braskem "after careful consideration" but did not elaborate further.
The news comes just after Braskem's board approved a $101 million corruption settlement with Brazil's government and the New York Stock Exchange began the process to delist Braskem for not filing its 2017 annual report on time.
Shares in petrochemical producer Braskem were down 20 percent in pre-market trading in Sao Paulo after petrochemical giant LyondellBasell Industries NV on Tuesday said it had ended talks with Braskem SA's controlling shareholder, Brazilian construction conglomerate Odebrecht SA, to acquire the company. Reuters reported in March that talks with Brazilian conglomerate Odebrecht SA over a potential $11 billion deal for Braskem had slowed due to issues linked to a delayed U.S. filing and a supply contract for naphtha with Petrobras.
Thomas Aebischer, the company’s CFO and executive vice president, will retire at the end of the year, according to a release. Rhenman was most recently CEO of the Belgium-based Lhoist Group, a minerals and mining company.
Home-improvement retailer Lowe’s lifted its quarter dividend by about 15%. Plastics and chemicals firm LyondellBasell raised its dividend by 5%. Cerner, a health-care IT firm, will pay a new dividend in July.
LyondellBasell Industries NV said Friday it is raising its quarterly dividend by 5% to $1.05 a share. The new dividend will be payable June 17 to shareholders of record as of June 10. The company said shareholders at its annual meeting voted to approve a share buyback of up to 10% of its outstanding shares in the next 18 months. Separately, the plastics and chemicals company said its Chief Financial Officer Thomas Aebischer is planning to retire at year-end. The company will be conducting a search for his replacement in the next few months. Shares were not yet active premarket, but have fallen 7% in 2019 to date, while the S&P 500 has gained 11%.
While the markets have rebounded from last year's late plunge somewhat in 2019, there's still one positive remnant from the selloff. Dozens of high-quality blue-chip stocks have been cut in price enough to lift their dividend yields above 4%.At present, familiar names from the consumer staples sector are combining decades of steady dividend growth with near-record yields and bargain-priced valuations.Energy stocks - which already were depressed due to weakened energy prices - were hacked even deeper. But these companies have already responded to market adversity over the past few years by shedding poorly performing assets, trimming costs, repurchasing stock and paying down debt. Some of those same companies were able to keep raising dividends, too, and now are positioned to survive in lean times and thrive as energy prices recover.Even some international stocks' yields are ballooning thanks to Brexit fears and a slowdown in several countries' growth.As a result, each of these 14 blue-chip dividend stocks currently off yields of 4% or better - with the highest payers delivering more than 6%. SEE ALSO: 57 Dividend Stocks You Can Count On in 2019
LyondellBasell (LYB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Today we'll take a closer look at LyondellBasell Industries N.V. (NYSE:LYB) from a dividend investor's perspective...
The Spheripol technology is selected for the PP project on the back of its strong licensing record along with the operational experience of LyondellBasell (LYB).
“The economic engagement with Houston and this part of the country is very critical for us,” the Indian ambassador to the U.S. told the Houston Business Journal.
Brazil's Braskem SA, Latin America's largest petrochemical producer, said on Monday the New York Stock Exchange will start a delisting process for its U.S.-listed shares, after it failed to file its 2017 annual report on time. Trading of its Braskem's American depositary shares (ADS) has been suspended and holders can ask the Bank of New York Mellon to exchange each of their shares for two underlying preferred Class A shares, which are traded on the Brazilian Stock Exchange, the company said http://bit.ly/30jnQLI in a delayed filing with the U.S. Securities and Exchange Commission. The delayed SEC filing was one of the main hurdles to the completion of an $11 billion takeover of Braskem by LyondellBasell Industries NV, Reuters reported previously.