The American Press reported that Axiall president and CEO Paul Carrico made the announcement last Friday. He said the company and its joint venture partner, Lotte Chemical of South Korea, agreed to postpone a final investment decision to build an ethane cracker at Axiall's Westlake plant. Axiall's announcement comes less than a month after Sasol executives...
NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. Axiall corp.: Approximately 3,660,700 shares changed hands, a 414.7 percent increase over its 65- day average volume. The shares rose$. 92 or 2.0 percent to $47.70.
ATLANTA _ Axiall Corp. on Thursday reported a fourth-quarter loss of $13.8 million, after reporting a profit in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. Axiall shares have risen 10 percent since the beginning of the year.
NEW YORK, Sept 25- Dow Chemical Co has kicked off a process to sell its epoxy and chlorine businesses, hoping to find a single buyer for them in what is set to be a multibillion-dollar deal, according to people familiar with the matter.
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*Valeant, Silver Wheaton, Penn West weaker after results. Both candidates, President Barack Obama and Republican challenger Mitt Romney, were zipping across swing states on their final day of campaigning.
Oct 11- Brookfield Asset Management Inc:.
*Press release- Goldcorp completes sale of primero mining shares. *Completes sale of primero mining shares. *Source text* Further company coverage.
*IRS taking' hard line' on accounting issue-lawyer. The dispute centers on an accounting practice- known as the "completed contract method"- that the IRS has scrutinized for years.
TORONTO, Oct 10- Canada's main stock index hit its lowest closing level in nearly five weeks on Wednesday, driven downward by falling financial and energy shares after the start of the U.S. earnings season flashed mixed signals for the global economy. posting a quarterly net loss and a weaker consumption outlook for China, while Chevron's.
TORONTO, Oct 10- Canada's main stock index was slightly lower on Wednesday morning as materials shares strengthened and financials weakened after the starting round of the U.S. earnings season flashed mixed signals. A warning from Alcoa Inc.
*Canaccord Genuity raises Goldcorp target price to $62.50 from $53;. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
TORONTO, Oct 9- Canada's main stock index marked its lowest close in almost two weeks on Tuesday, tracking a sell-off in world equity markets after the IMF said the global economic slowdown is worsening. sank 3.7 percent to C $39.60, Goldcorp Inc. lost 3.9 percent to C $43.45, and Manulife Financial.
*Dundee raises San Gold target price to C $2.20 from C $2; rating buy. *Dundee raises Goldcorp Inc target price to C $55 from C $48; rating buy. *Dundee raises Eldorado Gold Corp target price to C $16 from C $15;.
TORONTO, Oct 2- Canada's main stock index eked out a small gain on Tuesday in volatile trade as investors reacted to mixed signals about Spain's readiness to seek a bailout while awaiting the next big catalyst to drive markets after a strong third quarter. Canada's main index outperformed Wall Street amid questions about the upcoming earnings season.
TORONTO, Oct 2- Canada's main stock index was little changed in choppy trade on Tuesday as enthusiasm on signs that a bailout request from Spain was imminent faded as investors awaited a new catalyst after a strong third quarter. Cenovus Energy was the most influential gainer, rising 2.3 percent to C $35.36. climbed 1.7 percent to C $31.47 and Suncor Energy.
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Take a look at some of Thursday's midday movers: