PolyOne Corp
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Materials : Chemicals | Small Cap ValueCompany profile

PolyOne Corporation (PolyOne) provides specialized polymer materials, services and solutions. The Company's segments include Color, Additives and Inks; Specialty Engineered Materials; Performance Products and Solutions, and PolyOne Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets. The Specialty Engineered Materials segment provides specialty polymer formulations, services and solutions for designers, assemblers and processors of thermoplastic materials. The Performance Products and Solutions segment consists of the Geon Performance Materials and Producer Services business units. As of December 31, 2016, the PolyOne Distribution segment distributed more than 4,000 grades of engineering and commodity grade resins.

Day's Change
1.24 (3.91%)
B/A Size
Day's High
Day's Low
(Heavy Day)

Today's volume of 655,152 shares is on pace to be much greater than POL's 10-day average volume of 435,943 shares.


UPDATE: Bank stocks dive as ECB's restart of QE tanks Treasury yields

4:41 pm ET September 12, 2019 (MarketWatch)

Shares of bank and other financial stocks suffered broad declines in premarket trading Thursday, after the restart of quantitative easing (http://www.marketwatch.com/story/ecb-cuts-key-rate-restarts-qe-as-it-attempts-to-revive-eurozone-economy-2019-09-12) by the European Central Bank sent U.S. Treasury yields sliding. The SPDR Financial Select Sector ETF (XLF) fell 0.8% in premarket trading. Among the more active components, shares of Bank of America Corp. (BAC) fell 1.2%, Citigroup Inc. (C) shed 1.2%, J.P. Morgan Chase & Co. (JPM) lost 1.0%, Wells Fargo & Co. (WFC) declined 0.8% and Goldman Sachs Group Inc. (GS) gave up 0.7%. After the ECB's moves, the yield on the 10-year Treasury note declined 6.2 basis points to 1.671%. Lower longer-term yields can hurt bank profits, as it narrows the spread between what banks earn on longer-term assets, such as loans, that are funded with shorter-term liabilities. The financial ETF has gained 18.1% year to date through Wednesday while the Dow Jones Industrial Average has rallied 16.3%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 12, 2019 16:41 ET (20:41 GMT)

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