Chemtura Corp (NYSE:CHMT) plans to sell its agrochemicals business to Platform Specialty Products Corp (PAH.N) for about $1 billion, the Wall Street Journal reported, citing people familiar with the matter. Chemtura Corp (NYSE:CHMT) shares after opening at $25.87 moved to $25.89 on last trade day and at the end of the day closed at $23.16. Company price to sales ratio in past twelve months was calculated as 1.00 and price to cash ratio as 4.05. Chemtura Corp (NYSE:CHMT) showed a negative weekly performance of -6.39%.
Renewable Energy Group Inc (NASDAQ:REGI) has reported preliminary results for the first quarter of its 2014 fiscal year (1QFY14; ended March 31, 2014) yesterday. Renewable Energy produces and sells biodiesel in North America. It converts natural fats, oils and greases into advanced biofuels.Renewable Energy Group Inc (NASDAQ:REGI) shares fell -5.48% in last trading session and ended the day on $11.89. REGI return on equity ratio is recorded as 42.00% and its return on assets is 29.60%. Renewable Energy Group Inc (NASDAQ:REGI) yearly performance is 30.66%.
MagneGas Corporation (Nasdaq: MNGA) announced that it has expanded its local market by becoming a full line supplier of industrial gases, hard goods, safety gear and welding consulting services. The Company now offers multiple products and services to MagneGas customers in Florida, thereby increasing its potential revenue base and satisfying local customer requests.MagneGas Corporation (NASDAQ:MNGA) shares moved down -5.56% in last trading session and was closed at $1.36, while trading in range of $1.30-$1.45. MagneGas Corporation (NASDAQ:MNGA) year to date performance is 209.09%.
Mar 19, 2014 China Gerui Adv Mtals Grp Ltd (NASDAQ:CHOP), a high-precision, cold-rolled strip steel producer in China, announced preliminary financial results for the year ended December 31, 2013.China Gerui Adv Mtals Grp Ltd (NASDAQ:CHOP) weekly performance is -14.28%. On last trading day company shares ended up $0.900. China Gerui Adv Mtals Grp Ltd (NASDAQ:CHOP) distance from 50-day simple moving average is -19.81%. Analysts mean target price for the company is $4.00.