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Chemical Week Magazine :: CW75 Stock Performance
cw75 stock performance
1:15 PM MDT | October 12, 2007 | Chemical Week Editorial Staff
Stocks listed in the CW75 Index rose 1.7% for the week ending October 9 on news that third-quarter chemical industry earnings, excluding fertilizer companies, will likely increase 1%-2%, according to a report by Bank of America (BOA: New York). The CW75 was in line with broader indexes. Earnings including fertilizer companies will increase about 20%, however, the report says. Slowing U.S. economic growth, particularly in the construction sector, is expected to yield ‚Äúsub-par volume growth in the U.S. market,‚ÄĚ says Kevin McCarthy, analyst at BOA...
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