Chemical company Celanese Corporation (NYSE:CE) will showcase its thermoplastic composites at the SAMPE 2014 annual technical conference on June 5, at the Washington State Convention Center in Seattle, WA. Celanese Corporation (NYSE:CE) net profit margin is 17.50% and weekly performance is 3.24%. On last trading day company shares ended up $62.70. Analysts mean target price for the company is $66.07. Celanese Corporation (NYSE:CE) distance from 50-day simple moving average (SMA50) is 8.03%.
Westlake Chemical Corporation (NYSE:WLK) has signed a definitive agreement to acquire German-based Vinnolit Holdings GmbH and its subsidiary companies from Advent International, a private equity firm. Vinnolit is an integrated global leader in specialty polyvinyl chloride (“PVC”) resins. The acquisition price of €490 million will be financed using existing Westlake cash and credit facilities. The transaction is expected to close in the third quarter of 2014, subject to standard closing conditions, including regulatory review. Westlake Chemical Corporation (NYSE:WLK) shares fell -0.48% in last trading session and ended the day on $80.85. WLK gross Margin is 29.60% and its return on assets is 19.30%.Westlake Chemical Corporation (NYSE:WLK) quarterly performance is 21.47%.
Enterprise Products Partners L.P. (NYSE:EPD) had its target price lifted by Argus from $5.00 to $80.00 in a research note released on Tuesday morning, ARN reports. Enterprise Products Partners L.P. (NYSE:EPD) shares moved up 1.27% in last trading session and was closed at $74.82, while trading in range of $73.35 – $75.10. Enterprise Products Partners L.P. (NYSE:EPD) year to date (YTD) performance is 15.23%.
On May 21, 2014, Platform Specialty Products Corporation (NYSE:PAH) completed the issuance and sale of a total of 15.8 million shares (the “Shares”) of Platform’s common stock, for an aggregate purchase price of $300.2 million, or $19.00 per share, in a private placement to certain eligible investors (the “Investors”). After deduction of the placement agents’ commission and other fees and expenses, the net proceeds to Platform totaled approximately $287 million. Platform Specialty Products Corp (NYSE:PAH) ended the last trading day at $27.24. Company weekly volatility is calculated as 2.44%. Platform Specialty Products Corp (NYSE:PAH) showed a positive weekly performance of 8.92%.
Enerplus Corp (NYSE:ERF) announced a monthly dividend on Friday, May 23rd, AnalystRatingsNetwork.com reports. Shareholders of record on Thursday, June 5th will be paid a dividend of 0.0828 per share on Friday, June 20th. This represents a $0.99 annualized dividend and a dividend yield of 4.51%. The ex-dividend date is Tuesday, June 3rd. Enerplus Corp (USA) (NYSE:ERF) net profit margin is 6.40% and weekly performance is 4.51%. On last trading day company shares ended up $22.69. Analysts mean target price for the company is $26.87. Enerplus Corp (USA) (NYSE:ERF) distance from 50-day simple moving average (SMA50) is 7.81%.