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Chemical Week Magazine :: CW75 Stock Performance
CW75 Stock Performance
12:25 PM MDT | June 3, 2010
The CW75 was flat for the week ending June 1, in line with the S&P500. The Morgan Stanley global composite index rose 2%. Basic and deversified stocks were flat, while specialty chemical shares rose 1%. Thirty six companies rose, and 36 fell for the week. Linde, Shin-Etsu, and Sumitomo Chemical were essentially flat for the week. Monsanto topped the laggards’ list because the company lowered its earnings estimates for its fiscal year ending August 31, to $2.40-$2.60/share, down from $3.10-$3.30/share. The company blames continued pressure from generic...
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