|Bid||55.03 x 800|
|Ask||55.04 x 4000|
|Day's Range||54.80 - 55.52|
|52 Week Range||47.05 - 61.21|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.01|
|Expense Ratio (net)||0.13%|
Howard Silverblatt, Senior Index Analyst, Index Investment Strategy at S&P Dow Jones Indices, joins The Final Round to discuss the 10 year bull market
Eastman Chemical: New Client Order for Its Tritan Copolyester(Continued from Prior Part)Analysts’ recommendations There has been a gradual increase in analysts’ interest in Eastman Chemical. Currently, there are 18 analysts tracking Eastman
Shares of Nucor Corp. sank 1.8% in premarket trade Friday, after the steel maker provided a first-quarter profit outlook that was below expectations. The company said it expects EPS for the quarter ending March 30 to rise to $1.45 to $1.50 from $1.10 a year ago, but fall from $2.07 in the sequential fourth quarter, but that is below the FactSet EPS consensus of $1.62. Nucor said the decline from the fourth quarter is due primarily to lower average selling prices and margins in its sheet mill group, and amid shipment delays to construction customers because of an "unusually wet winter season." Nucor said, however, that it believes sheet pricing "reached the low point" during the first quarter, and is "encouraged" by recent price increases. The stock has declined 11.1% over the past 12 months through Thursday, while the SPDR Materials Select Sector ETF has lost 6.8% and the S&P 500 has gained 2.2%.
DowDuPont Board Approves Materials Science Division SeparationDowDuPont approves Materials Science Division separation In a press release on March 8, DowDuPont (DWDP) made an announcement that its board of directors has approved the separation of
I liked the look of the Materials Select Sector SPDR ETF daily chart -- and then I decided to take a look at the bigger picture on the weekly chart next. The weekly chart got me even more excited about this pick.
Shares of Mosaic Co. fell 0.9% in premarket trade Thursday, after the fertilizer company said it will cut its phosphate production plans by 300,000 tons for the spring season, citing continued weather concerns and higher-than-normal carryover inventory levels. In the fourth quarter, the company reported North American finished phosphate production of 2.1 million tons. Mosaic said the reduced production will affect its facilities in Florida and Louisiana. "Mosaic believes the current margin structure does not reflect today's balanced market conditions," the company said in a statement. "Protecting margins at this seasonably slow time of the year is important for the company and its customers." The stock has shed 12.8% over the past three months, while the SPDR Materials Select Sector ETF has climbed 6.1% and the S&P 500 has gained 5.3%.
Specialty Chemical Companies: Business Updates Last Week(Continued from Prior Part)Praxair to build a new hydrogen plantIn a press release on February 28, Praxair, the wholly owned subsidiary of Linde (LIN), announced the construction of new
Air Products and Chemicals Completes Acquisition of ACP Europe SAAPD completes its acquisition of ACP Europe SAIn a press release today, Air Products and Chemicals (APD) announced that it had completed its acquisition of ACP Europe SA. The deal was
What DowDuPont's Q1 Dividend Means for Investors(Continued from Prior Part)DowDuPont’s dividend yieldAt the end of February 27, DowDuPont’s (DWDP) dividend yield was ~2.8%. Celanese (CE), LyondellBasell (LYB), and Eastman Chemical (EMN) have
Chemical Companies: How Did They Perform Last Week?(Continued from Prior Part)Praxair’s new Syngas plant in Geismar On February 18, Praxair, the wholly owned subsidiary of Linde (LIN), announced that it completed the Syngas plant in Geismar,
Chemical Companies: How Did They Perform Last Week?Corteva announces 2019 guidanceOn February 21, Corteva Agriscience, DowDuPont’s (DWDP) agriculture division, provided its 2019 guidance in its sell-side analyst meeting. Corteva is scheduled to
Energy Sector Is Isolated from Trade Talk Optimism(Continued from Prior Part)US equity indexesOn February 14–21, US equity indexes had the following correlations with US crude oil April futures:the Dow Jones Industrial Average (DIA): 91.4%the
Update on Chemical Companies Last Week(Continued from Prior Part)Praxair announced an expansionOn February 11, Praxair, the wholly owned subsidiary of Linde (LIN), announced that it will double the capacity of the plant in Neosho, Missouri. The
Update on Chemical Companies Last WeekDowDuPont declared its quarterly dividendIn a press release on February 14, DowDuPont (DWDP) announced its regular quarterly dividend for the first quarter. In order to be eligible for the
Although the materials sector has been hit by trade concerns, broad-based bullishness is a good indicator that the market in general is healthy.
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
Basic materials is one of the weakest sectors this reporting cycle. But, it was unable to take the sheen away from material ETFs that are up nearly 1% over the past week.
January was a banner month for stocks as the S&P 500 jumped 8.1 percent. That's a major improvement on the S&P 500's January performances of the past decade. With February here, investors are hoping stocks ...
Chemical Companies: Key Updates Last WeekNew collaborationOn January 25, Air Products and Chemicals (APD) announced that it has entered into an agreement with Saudi Aramco. Through the collaboration, the companies aim to jointly build the first
The S&P 500 and the Dow edged lower to kick off Thursday trade, as the busiest day of this earnings season got under way. Wall Street also was processing a stunning turnabout by the Federal Reserve, which on Wednesday said it was unlikely to raise rates for the foreseeable future, citing "cross currents" in global markets. The Dow Jones Industrial Average traded 106 points, or 0.4%, lower at 24,904, weighed by declines in shares of DowDuPont Inc. following its quarterly results, the S&P 500 index traded less than 0.1% lower at 2,680, dragged down by declines in technology and materials . However, the technology-laden Nasdaq Composite Index traded higher, bolstered by upbeat quarterly results late-Wednesday from Facebook Inc. . Thursday will see some three dozen S&P 500 components report results today, marking the most frenzied day of earnings releases this quarter. On Wednesday, the market reacted positively to the Fed's updated policy statement, which hint that future rate increases by monetary-policy makers may be on hold for now. In other corporate news, Intel Corp. named Robert Swan its new CEO, while Tesla Inc. on Wednesday announced the departure of its CFO during its quarterly performance update.
DowDuPont's Q4 Earnings: What Investors Can Expect(Continued from Prior Part)DowDuPont’s adjusted EPS estimate DowDuPont (DWDP) is expected to post an adjusted EPS of $0.88 in the fourth quarter, which is 60% growth compared to the previous year.