Tag: Ashland

  • Chemicals Major Diversified: Aceto Corporation (NASDAQ:ACET), Air Products & Chemicals (NYSE:APD), Ashland Inc. (NYSE:ASH), Braskem SA (NYSE:BAK)

    Aceto Corp. (NASDAQ:ACET) was downgraded by equities researchers at Thomson Reuters/versus from a “buy” rating to a “hold” rating in a research report issued on Monday, Stock Ratings News reports. In other Aceto Corp. news, SVP Roger Weaving, Jr. unloaded 6,000 shares of Aceto Corp. stock on the open market in a transaction that occurred on Friday, February 14th. Aceto Corporation (NASDAQ:ACET) stock opened at $18.42 in last session, and closed at $18.29, while the day range of Aceto Corporation (NASDAQ:ACET) stock is $18.12 – $18.74.

    Air Products & Chemicals Inc. (NYSE:APD) and Nippon Steel & Sumikin Pipeline & Engineering Co. Ltd. (“NSPE”) have signed a deal to jointly work on Japan’s developing hydrogen fuelling infrastructure market. The agreement also involves a goal to finalize a long-term marketing and supply relationship deal between the U.S. and Japan-based companies. Air Products & Chemicals, Inc. (NYSE:APD) stock opened at $119.50 in last session, and closed at $121.32 by gaining 1.66%. The 52 week range of $84.04 – $122.24. Company’s market capitalization is $25.70B.

    Ashland Inc. (NYSE:ASH) on 18 February announced it will present new data at the Personal Care and Homecare Ingredients Exhibition (PCHi) in Shanghai this week that demonstrates how plankton extract rich in GP4G nucleotides limits the appearance of skin damage ex vivo following exposure to environmental shocks, such as infrared radiation, ultraviolet radiation, heat and cold. Ashland Inc. (NYSE:ASH) stock decreased -1.17% and finished the last session at $94.37. The EPS of the stock remained 8.64. Company’s market capitalization is $7.27B.

    Braskem SA (ADR) (NYSE:BAK) was downgraded by investment analysts at The Street from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday, Stock Ratings News reports. The analysts wrote, “Braskem (BAK) has been downgraded by The Street Ratings from hold to sell. The company’s weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally high debt management risk and poor profit margins. Braskem SA (ADR) (NYSE:BAK) stock opened the session at $14.16, and closed the session at $13.90. The 52 week range of the Braskem SA (ADR) (NYSE:BAK) stock remained $13.26 – $18.58 and the day range was $13.70 – $14.25.