Leadership Changes, Dividends, Corporate Statements, and Technical Updates - Research Reports on LyondellBasell, EOG Resources, Freeport-McMoRan, DuPont and Baker Hughes
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NEW YORK, October 7, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding LyondellBasell Industries N.V. (NYSE: LYB), EOG Resources, Inc. (NYSE: EOG), Freeport-McMoRan Inc. (NYSE: FCX), E. I. du Pont de Nemours and Company (NYSE: DD) and Baker Hughes Incorporated (NYSE: BHI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6963-100free.
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LyondellBasell Industries N.V. Research Reports
On September 29, 2014, LyondellBasell Industries N.V. (LyondellBasell) announced that its CEO James L. Gallogly (Jim) will retire from the Company in early 2015. LyondellBasell informed that Mr. Gallogly will continue to serve as CEO and Chairman of the LyondellBasell management board in the interim to ensure a seamless transition until his replacement is selected. As per the release, the LyondellBasell supervisory board of directors has formed a committee to choose Gallogly's successor. Robert G. Gwin, Chairman of LyondellBasell supervisory board commented, "Under Jim's leadership, LyondellBasell successfully emerged from bankruptcy in record time and today is an industry leader with a very strong balance sheet and strategically positioned manufacturing facilities. The supervisory board is grateful to Jim for his exceptional contributions to the company. As the company moves forward, we will build on the solid foundation Jim created by continuing to focus on safety, cost control, taking maximum advantage of market opportunities and by investing in technology-driven growth." The full research reports on LyondellBasell are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/LYB/report.pdf
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EOG Resources, Inc. Research Reports
On September 30, 2014, the stock of EOG Resources, Inc. (EOG Resources) ended the session at $99.02, down 2.80%. The stock opened the session at $101.85 and oscillated in the range of $97.45-$101.85 with a trading volume of 6.42 million shares. YTD shares in EOG Resources gained 17.99% as compared to the NYSE Composite Index, which gained 2.91% during the same trading period. The stock closed 26.95% above its 52-week low of $78.00. The full research reports on EOG Resources are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/EOG/report.pdf
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Freeport-McMoRan Inc. Research Reports
On September 24, 2014, Freeport-McMoRan Inc. (Freeport-McMoRan) announced that the Company has declared a cash dividend of $0.3125 per share, payable on November 3, 2014 to holders of record for its common stock as of October 15, 2014. The full research reports on Freeport-McMoRan are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/FCX/report.pdf
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E. I. du Pont de Nemours and Company Research Reports
On September 17, 2014, E. I. du Pont de Nemours and Company (DuPont) issued a statement in response to Trian Fund Management, L.P (Trian Fund), an activist investor in the Company. An excerpts from the statement is as follows: "Our board of directors and management team have taken firm action over several years that has delivered 220 percent total shareholder return since year-end 2008, compared to 144 percent for the S&P 500 during the same period, by aggressively deploying our leading science across the company, strengthening and fine-tuning our portfolio, and through disciplined capital allocation." The Company added, "DuPont welcomes open communications with shareholders and values input toward our common goal of enhancing shareholder value. We speak and meet with shareholders frequently, and while it is our policy not to comment on discussions with specific shareholders, we have had a constructive dialogue with Trian." On September 16, 2014, Wallstreet Journal reported that Trian Fund has launched a campaign to force DuPont to break itself up after the 212-year-old chemical giant rebuffed its repeated private calls for change. Citing a letter sent by Trian Fund to the Company's Board, the Wall street journal report added that Trian Fund who has a $1.6 billion DuPont stake, plans to seek support from other investors for its push to dismantle the Company. The full research reports on DuPont are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/DD/report.pdf
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Baker Hughes Incorporated Research Reports
On September 30, 2014, shares of Baker Hughes Incorporated (Baker Hughes) fell 1.66% from its previous day's close to end the trading session at $65.06. A total of 4.42 million shares changed hands, higher than the 30-day average trading volume of 3.16 million shares. The stock opened at $66.00 and traded in the range of $64.48 and $66.95. The stock has a 52-week low of $48.37 and a 52-week high of $75.64. Year-till-date, the stock has returned 17.73%, outperforming its competitor, National-Oilwell Varco, Inc., which declined, 4.31% during the same time period. The full research reports on Baker Hughes are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/BHI/report.pdf
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