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Albemarle Corp (ALB)

ALB on New York Consolidated

134.89USD
21 Sep 2017
Change (% chg)

$-1.19 (-0.87%)
Prev Close
$136.08
Open
$136.50
Day's High
$136.50
Day's Low
$134.08
Volume
2,014,598
Avg. Vol
1,291,971
52-wk High
$136.95
52-wk Low
$76.32

Latest Key Developments (Source: Significant Developments)

Albemarle to sell Chemetall Surface Treatment Business to BASF for $3.2 bln
Friday, 17 Jun 2016 06:44am EDT 

Albemarle Corp: Albemarle enters into definitive agreement to sell Chemetall Surface Treatment Business to BASF for $3.2 billion .Albemarle corp says BofA Merrill lynch is acting as exclusive financial advisor to albemarle for the deal.  Full Article

Albemarle said to explore sale of $3 bln surface-treatment unit- Bloomberg
Friday, 13 May 2016 02:46pm EDT 

: Albemarle Corp said to explore sale of $3 billion surface-treatment unit - Bloomberg, citing sources .Bank Of America Corp has been hired to help Albemarle consider strategic options for Chemetall - Bloomberg, citing sources.  Full Article

Albemarle sets quarterly dividend of $0.305/share
Tuesday, 10 May 2016 06:01pm EDT 

Albemarle Corp :Sets quarterly dividend of $0.305 per share.  Full Article

Albemarle sees 2016 adjusted earnings per share $3.90-$4.25
Tuesday, 10 May 2016 05:35pm EDT 

Albemarle Corp : Lithium and advanced materials reported net sales of $216.2 million in Q1 of 2016, an increase of 8.8% . Albemarle corp says reported free cash flow is expected to range between $450 million and $550 million in 2016 . Sees 2016 adjusted earnings per share $3.90 to $4.25 . Fy2016 earnings per share view $3.67, revenue view $3.39 billion -- Thomson Reuters I/B/E/S . Albemarle Corp says Q1 total net sales unfavorably impacted by currency exchange as well as divestiture of flame retardants and specialty chemicals businesses . Refining solutions reported net sales of $170.6 million in Q1 of 2016, a decrease of 4.8% . Albemarle reports first quarter 2016 results and increases annual guidance . Q1 earnings per share $2.02 . Q1 sales $865.4 million versus I/B/E/S view $814.8 million . Q1 earnings per share view $0.85 -- Thomson Reuters I/B/E/S . Q1 adjusted earnings per share $1.12 .Sees 2016 sales $3.3 billion to $3.6 billion.  Full Article

Albemarle Corp CFO to take temporary medical leave of absence
Tuesday, 26 Jan 2016 06:45am EST 

Albemarle Corp:CFO to take temporary medical leave of absence.SVP and chief financial officer Scott A. Tozier will be on a temporary medical leave of absence, effective immediately.Anticipated that Scott a. tozier will return to his normal duties in the near future.In tozier's absence, other executive officers of co will assume tozier's management duties while remaining in their current positions.SVP of corporate strategy matthew juneau to assume management responsibility of co's finance,accounting,tax,treasury teams.  Full Article

Albemarle completes sale of metal sulfides business to Treibacher Industrie AG
Monday, 4 Jan 2016 05:30pm EST 

Albemarle Corporation:Says completion of the previously announced sale of its Tribotecc metal sulfides business to Treibacher Industrie AG.transaction included sites in Vienna and Arnoldstein, Austria and Tribotecc's proprietary sulfide synthesis process.Financial terms of the transaction were not disclosed.  Full Article

Albemarle Corp enters into definitive agreement to sell Tribotecc Metal Sulfides business to Treibacher
Thursday, 5 Nov 2015 06:41am EST 

Albemarle Corp:Enters into definitive agreement to sell Tribotecc Metal Sulfides business to Treibacher.Financial terms of the transaction were not disclosed.Included in the transaction are sites in Vienna and Arnoldstein, Austria and Tribotecc's proprietary sulfide synthesis process.  Full Article

Albemarle Corp announces quarterly dividend
Monday, 5 Oct 2015 05:30pm EDT 

Albemarle Corp:Declared today a quarterly dividend of $0.29 per share.dividend is payable January 4, 2016, to shareholders of record at close of business as of December 15, 2015.  Full Article

Albemarle asks Chile to raise lithium production limit

SANTIAGO, Sept 15 Albemarle Corp has asked Chile to increase the U.S. miner's lithium production limit in the country, it said on Friday, amid high global prices for the mineral used in batteries as demand for electric vehicles surges.