Newsfeeds - Spark Newswire

1 minute read

Here’s How Much $100 Invested In Albemarle 15 Years Ago Would Be Worth Today

Today, 5:09 PM

Albemarle (NYSE:ALB) has outperformed the market over the past 15 years by 6.12% on an annualized basis producing an average annual return of 12.32%. Currently, Albemarle has a market capitalization of $31.38 billion.

ALB

1 minute read

Berenberg Downgrades Albemarle to Hold, Raises Price Target to $270

By Benzinga Newsdesk

Today, 5:09 PM

Berenberg analyst Andres Castanos Mollor downgrades Albemarle (NYSE:ALB) from Buy to Hold and raises the price target from $260 to $270.

ALB

1 minute read

$1000 Invested In This Stock 20 Years Ago Would Be Worth $22,000 Today

By Benzinga Insights

Today, 5:09 PM

Albemarle (NYSE:ALB) has outperformed the market over the past 20 years by 8.9% on an annualized basis producing an average annual return of 16.71%. Currently, Albemarle has a market capitalization of $34.08 billion.

ALB

1 minute read

‘I Don’t Want To Own It’: Jim Cramer Says This EV Stock Is ‘Lethal’

By Lisa Levin

Today, 5:09 PM

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Nikola Corp (NASDAQ: NKLA) is "lethal" and he doesn’t want to own the stock.

ALB

2 minute read

Making EV Batteries In US Will Be ‘Nicely Profitable’ For Decades To Come, Says Munster: Could These 5 Stocks Gain Big?

By Shanthi Rexaline

Today, 5:09 PM

Asia is currently the electric vehicle battery-making hub, and all the top manufacturers are based out of the continent. The U.S. could play catch-up, according to Loup Funds’ Gene Munster.

ALB

1 minute read

Two Dividend Plays That Capitalize On The Rise Of EV Battery Makers

By Robert Kuczmarski

Today, 5:09 PM

The batteries in electric-vehicles are typically lithium-ion batteries that contain materials such as cobalt, copper, nickel and obviously lithium amongst other materials. As the demand for electric-vehicles increases, so will the demand for materials such as lithium, which is mined from the Earth.

ALB

2 minute read

News

Albemarle To Realign Its Bromine And Lithium Global Business Units Into A New Corporate Structure; Co.’s Two Core Global Business Units Will Become Albemarle Specialties And Albemarle Energy Storage

By Bill Haddad

Today, 5:09 PM

Albemarle Corporation (NYSE:ALB), a leader in the global specialty chemicals industry, today announced that it will realign its Bromine and Lithium global business units (GBU) into a new corporate structure designed

ALB

3 minute read

Could A 17-Year-Old Revolutionize Electric Vehicles And Lower Reliance On China’s Rare Earth Metals?

By Melanie Schaffer

Today, 5:09 PM

The West’s dependency on China for rare earth metals used in electric vehicle batteries has remained a top issue, both geopolitically and financially, for some time.

ALB

1 minute read

Albemarle Q2 Adj. EPS $3.45 Beats $3.20 Estimate, Sales $1.48B Miss $1.51B Estimate

By Michael Horton

Today, 5:09 PM

Albemarle (NYSE:ALB) reported quarterly earnings of $3.45 per share which beat the analyst consensus estimate of $3.20 by 7.81 percent. This is a 287.64 percent increase over earnings of $0.89 per share from the same

ALB

2 minute read

Elon Musk Says This Battery Metal Is The New Oil: But Should The Vehicle Connoisseur Take His Foot Off The Accelerator?

By Melanie Schaffer

Today, 5:09 PM

Albemarle Corporation (NYSE: ALB) and a number of other stocks in the lithium sector gained ground recently, not only because the S&P 500 experienced a bullish reaction to the release of the Federal Reserve's monthly minutes, where the Fed

ALB