On June 20, 2014, Exxon Mobil Corporation (NYSE:XOM), has announced the start of construction for its chemical plant in Baytown Texas as well as the expansion of a nearby plant. The Baytown plant codenamed ‘Cracker’ will have the capacity of producing up to 1.5 million tons of ethylene per year. Exxon Mobil Corporation (NYSE:XOM), net profit margin is 9.90% and weekly performance is 1.42%. On last trading day company shares ended up $104.38. Analysts mean target price for the company is $101.21. Exxon Mobil Corporation (NYSE:XOM), distance from 50-day simple moving average (SMA50) is 3.43%.
On June 21, 2014, Reuters reported that Alcoa Inc (NYSE:AA), and Novelis Inc spent decades wooing Detroit’s automakers to toss out their heavy steel vehicle bodies and overhaul their factories in order to mass produce vehicles made out of lighter aluminum. Alcoa Inc (NYSE:AA), advanced 1.03% in last trading session and ended the day on $14.77. AA, Gross Margin is 16.40% and its return on assets is -7.10%. Alcoa Inc (NYSE:AA), quarterly performance is 23.29%.
Shares of ConocoPhillips (NYSE:COP), gapped up before the market opened on Monday after Barclays raised their price target on the stock from $88.00 to $100.00, AnalystRatings.Net reports. The stock had previously closed at $85.35, but opened at $85.36. Barclays currently has an overweight rating on the stock. ConocoPhillips shares last traded at $86.03, with a volume of 3,588,604 shares changing hands. ConocoPhillips (NYSE:COP), shares moved up 0.87% in last trading session and was closed at $86.10, while trading in range of $85.47 – 86.43. ConocoPhillips (NYSE:COP), year to date (YTD) performance is 24.26%.
Eli Lilly and Co (NYSE:LLY), declared a quarterly dividend on Monday, June 16th, American Banking & Market News reports. Stockholders of record on Friday, August 15th will be given a dividend of 0.49 per share on Wednesday, September 10th. This represents a $1.96 dividend on an annualized basis and a yield of 3.33%. Eli Lilly and Co (NYSE:LLY), ended the last trading day at $62.07. Company weekly volatility is calculated as 1.58% and price to cash ratio as 13.33. Eli Lilly and Co (NYSE:LLY), showed a positive weekly performance of 5.51%.
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